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Kamala Harris' improving election chances could hurt bitcoin, YouHodler analyst says

Analysts suggest that Kamala Harris' potential election victory could lead to stricter cryptocurrency regulations, negatively impacting bitcoin prices amid her rising odds in key swing states.

theblock.co • 01/08/2024 - 14:01 PM

Bitcoin down despite macro optimism from BoE rate cut, Fed's dovish signals

Bitcoin's price declines despite dovish central bank signals. BoE cuts rates; Fed hints at future cuts. However, significant market challenges remain, including Mt. Gox transfers and weak ETF inflows.

theblock.co • 01/08/2024 - 13:08 PM

Bitcoin posts slight gain after Fed holds rates steady, citing further progress toward 2% inflation target

Bitcoin's price steadied post-Fed's interest rate hold, while markets anticipate a potential rate cut in September, supported by easing inflation and steady stock indices.

theblock.co • 31/07/2024 - 18:17 PM

CryptoQuant links Bitcoin mining hashrate nearing all-time high levels to potential price stability

The Bitcoin mining hashrate is nearing all-time highs, which CryptoQuant analysts believe could help with the cryptocurrency’s price stability. The hashrate is rebounding as bitcoin’s price rose to over $69,000 on Monday, followed by a correction to around $66,000.

theblock.co • 31/07/2024 - 12:20 PM

Ethereum spot ETF yearly inflows could be as low as 15% of bitcoin's, Sygnum Bank analyst says

Ethereum spot ETFs are expected to see lower inflows than bitcoin ETFs, attributed to slower adoption and lesser name recognition, forecasting $5-$10 billion in the first year.

theblock.co • 30/07/2024 - 15:14 PM

CRYPTO MOVERS

QCP Capital forecasts significantly greater volatility for Ethereum compared to bitcoin

Ethereum is poised for larger price swings than Bitcoin, showing resilience and potential upward breakout amid recent ETF outflows and a widened volatility premium.

theblock.co • 30/07/2024 - 14:07 PM

Bitcoin price slides below $67,000, triggering a spike in long liquidations

Bitcoin long liquidations surged as prices fell below $67,000, with significant US government transfers affecting the market. Analysts indicate potential for future growth despite recent downturns.

theblock.co • 30/07/2024 - 10:09 AM

Crypto requires 'more significant catalyst' than Trump's Bitcoin 2024 speech: QCP Capital analysts

The cryptocurrency market needs a more substantial catalyst than Donald Trump’s Bitcoin 2024 speech to achieve a major breakout, analysts said. Bitcoin will continue trading within a tight range, failing the appearance of a major catalyst, analysts added.

theblock.co • 29/07/2024 - 15:34 PM

BRN analyst says miners appear to be accumulating bitcoin

Bitcoin miners have started accumulating bitcoin, indicating confidence in its value amid potential catalysts that could drive prices to new highs, including Trump's advocacy for the cryptocurrency.

theblock.co • 29/07/2024 - 11:41 AM

Bitcoin gains alongside stocks as US inflation edges closer towards Fed’s 2% target

The cryptocurrency market rises with major tokens and U.S. equities, driven by cooler inflation data and upcoming events, including Donald Trump's speech at a Bitcoin conference.

theblock.co • 26/07/2024 - 15:36 PM

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