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Bitcoin returns to $74K amid spot ETF interest and BTC miner selling pressure

Historical Trends Since 2017 Indicate Bitcoin Price Drop to $35,000

Key Points Even with strong ETF inflows, Bitcoin continues to closely follow the S&P 500 and shows sensitivity to global economic trends. Current Bitcoin futures premiums and miner selling behavior indicate that the bear market is still in effect, despite Bitcoin trading above $74,000. On Monday, Bitcoin (BTC) bounced back to the $74,000 mark as […]

Powell says there’s no need to raise interest rates at this time, officials should overlook rising energy costs

Powell says there's no need to raise interest rates at this time, officials should overlook rising energy costs

Powell Addresses Inflation Outlook Amid Rising Energy Prices On Monday, Federal Reserve Chairman Jerome Powell expressed that policymakers shouldn’t overly concern themselves with the increase in energy prices linked to the ongoing conflict with Iran, indicating that there’s currently no justification for raising interest rates. During his final public Q&A session before his term concludes […]

NYCFC discusses possible interest in Mohamed Salah

NYCFC discusses possible interest in Mohamed Salah

Mohamed Salah’s Future with Liverpool and Potential Moves As Mohamed Salah concludes his time with Liverpool this season, it seems likely that he’ll have offers from clubs eager to sign him. However, Brad Sims, CEO of New York City FC, clarified that there is currently no agreement in place for Salah to join the team, […]