Bitcoin showed strong gains in July but is facing bearish pressure in August due to rising macroeconomic concerns. The strengthening yen and rising U.S. Treasury yields indicate tightening liquidity, causing investors to pull back from risk assets like Bitcoin. Expectations of a Federal Reserve rate hike and weakening technical indicators add to fears that Bitcoin's support around $60,000 may break, potentially leading to a deeper correction. This suggests a cautious outlook for Bitcoin's performance in August.
Bitcoin faced a turbulent week with a hawkish Federal Reserve hold signaling possible rate hikes, a $70 million theft due to a Coldcard hardware wallet flaw, and significant ETF outflows. Despite these challenges, Bitcoin only dropped about 2%, sugge...
Shiba Inu (SHIB) has been listed on OKX's MiFID-regulated X-Perps platform in Europe, allowing traders to access leveraged exposure to SHIB and other crypto tokens like AEON and Zilliqa, as well as tokenized U.S. equities such as Robinhood and Qualco...
Cardano is preparing its next major hard fork, called the Dijkstra era, which will introduce three key upgrades: Nested Transactions, Linear Leios, and Peras. These innovations aim to improve network throughput, transaction finality, and resource man...
U.S. markets ended last week higher as the Federal Reserve held interest rates steady, despite some dissent. This week features key economic data including Friday's July jobs report and manufacturing activity, alongside major earnings from SpaceX, AM...
Ethereum (ETH) price is currently around $1,800, showing a tightening range and a 15% drop in 24-hour trading volume. Despite a rebound from a long-term trendline, bearish momentum dominates both short- and long-term outlooks, with technical indicato...
