Bitcoin climbed back above $62,000 once a weak US jobs report cooled bets on a near-term Federal Reserve rate hike, and the spot chart reads as a relief rally. The options desks trading Bitcoin’s futures are pricing something more guarded. The US Bureau of Labor Statistics put June payroll growth at just 57,000, well below…
The FIFA World Cup’s round of 16 matches are set to kick off on July 4, and football, or soccer as it’s known in the United States, has become the biggest driver of activity on prediction platforms, diverting attention from the political and macroeconomic markets they were originally built around. This is according to data…
Thomas Sy, head of multi-asset solutions at the $800-million asset manager, says blockchain can enable complex portfolio construction that’s not yet possible in traditional finance.
The last trading day of the previous business week finally brought some more net inflows rather than consistent outflows for the spot Bitcoin ETFs in the United States. The products tracking the world’s largest altcoin had even more to celebrate at the end of the week, but still closed in the red. The Good and…
Bitcoin keeps trading when Wall Street stops. Independence Day turns that design choice into a market demonstration. Official exchange calendars list all NYSE markets as closed Friday, July 3, while Nasdaq lists U.S. equity and options markets as closed for the Independence Day observance. Meanwhile, Bitcoin is available to trade freely on hundreds (if not…
Ethereum has extended its recovery over the past several sessions, breaking above its recent consolidation range and approaching a major confluence resistance area. The rally has improved short-term sentiment, but the market is now testing a zone that could determine whether this move develops into a broader trend reversal or remains a relief rally within…
The token hit its highest in over a month during thin July 4 trading, with XRP up 5% in 24 hours to lead gains among majors.
Binance founder Changpeng Zhao said Satoshi Nakamoto’s bitcoin should be frozen before quantum computers can steal it. Not everyone agrees.
OpenUSD’s first proof point is a formal commitment. The project launched around a sweeping corporate roster, but the roster itself is now the part Open Standard has to explain. A July 3 Chosun Biz report said several Korean companies named in connection with the OUSD alliance had neither held official consultations with the issuer nor…
Researchers at Schwab and Hashdex said AI has diverted capital from digital assets while bitcoin continues to follow a familiar post-halving recovery pattern.