Crypto roars back as bitcoin posts its second-best week since early 2021
Treasury buybacks, ETF inflows and a weaker dollar ignite crypto’s breakout.
Treasury buybacks, ETF inflows and a weaker dollar ignite crypto’s breakout.
XRP has moved from under $1 to around $1.50 in less than two weeks, crowding news headlines with its rally. Now, is it time to bank gains into strength, or keep full exposure to a trade that is increasingly running on leverage rather than fresh spot demand? XRP briefly touched $1.69 on August 22 before…
Your look at what’s coming in the week starting Aug. 24
Bitcoin had a huge week, finally. The crypto asset jumped by 25% and neared $80,000 as the rally gathered serious momentum. One analyst now believes that the bear market has ended and BTC has entered a “Soft Bull Market,” following its recent breakout above several important resistance levels. Bears Get Squeezed Doctor Profit identified $71,000…
Bitcoin holds its gains near $77,000 after a 22% week, while last week’s biggest altcoin winners steady, with focus turning to Fed Chair Warsh’s Jackson Hole debut.
The exploit shows how lightly held voting tokens can become a means of attack when control of a protocol is cheaper than the assets it governs.
Bitcoin experienced its most impressive weekly rally in three years last week when it surged from under $65,000 to almost $80,000 in the span of less than 48 hours. Such explosive moves are typically followed by a sharp retracement as investors tend to secure profits, especially following weeks and months of sideways activity without any…
After one bitcoin’s most volatile and impressive weeks, the cryptocurrency market has turned its attention to important US macro news to be announced in the next five days. The analysts at the Kobeissi Letter highlighted several such events scheduled next, but three stand out for the crypto industry: the July PCE inflation report, revised second-quarter…
The Bridgewater founder says recent Treasury-market stress fits his long-running debt-crisis framework, though he still prefers gold as the bigger hedge.
Bessent’s bond-buyback plan fails to curb Treasury yields. Here’s what it means for bitcoin and gold