Federal Reserve Chair Kevin Warsh declared a strict stance against inflation, reaffirming a 2% target and signaling no rate cuts soon. His hawkish tone after the July FOMC meeting caused the Dow to drop over 840 points and Bitcoin to fall below $64,000. Nine of eighteen FOMC officials now expect at least one rate hike by year-end, increasing market uncertainty. This signals potential continued pressure on equities and cryptocurrencies as higher rates typically reduce valuations and speculative capital.
Large crypto holders, known as whales, are actively buying Bitcoin, Ethereum, and XRP despite broader market volatility. This accumulation helps absorb supply and supports prices, with Bitcoin whale holdings reaching 3.06 million BTC and significant ...
The crypto market is mostly flat today with Bitcoin trading around $64,387, up slightly by 0.13%. Despite the calm, most major cryptocurrencies have lost significant value this year, with Ethereum down 35.76% and Bitcoin down 26.43%. Only a few coins...
Over $162.95 million in leveraged crypto positions were liquidated within 24 hours, mainly affecting short sellers on Bitcoin and Ethereum. This short squeeze occurred as Bitcoin rose about 0.83% to $64,539 and Ethereum increased 1.79% to around $1,9...
Bitcoin has fallen nearly 26% this year, losing $665 billion in market value, but recently crossed $65,000 amid hopes of a rally. Analysts differ on timing: Joao Wedson predicts the bear market could last until October based on historical cycles, whi...
Forge, an analytics platform on the Allora Network, now offers 15-minute realized volatility forecasts for Bitcoin, Ethereum, Solana, and XRP. This high-frequency data provides traders with near-real-time insights into price fluctuations, useful for ...
