Mixed Signals Will Bring ‘Choppy’ Bitcoin Market This Summer: Coinbase – Decrypt
Coinbase Research predicted on Friday that the crypto market will be turbulent in the third quarter of 2024, citing a lack of a strong narrative and economic uncertainty as the main drivers of the expected volatility. of report It highlights that the cryptocurrency market is grappling with conflicting signals, especially regarding the potential impact of […]
Several Tailwinds Could Push Bitcoin to $100,000 This Year as US Inflation Cools – Decrypt
The recent correction in the cryptocurrency market presents an opportunity for long-term investors, providing a significant tailwind that could propel Bitcoin to $100,000 by the end of the year. That’s what Matt Hogan, chief investment officer at crypto asset management firm Bitwise, said in a recent investor interview. Note Wednesday, a day before official U.S. […]
House Fails to Overturn Biden Veto on Pro-Crypto Banking Bill – Decrypt
The U.S. House of Representatives on Thursday failed to override President Joe Biden’s veto of a bipartisan effort to allow U.S. banks to hold cryptocurrencies. The bill required a two-thirds supermajority to pass the House, then another two-thirds majority in the Senate. The bill passed today with a comfortable majority, but nowhere near the level […]
Bitcoin Continues Rebound as Spot ETFs See $295 Million in Deposits – Decrypt
Amid a mix of bullish and bearish factors in the cryptocurrency market, Bitcoin has once again surpassed $57,000. The price marks a significant recovery from last week’s lows, when Bitcoin dropped to $54,092.80, according to data from Coingecko. One of the most notable recent developments has been the robust inflows into Bitcoin ETFs despite market […]