The Atlanta Fed’s GDP model projects a -1.5% contraction in U.S. Q1 2025 GDP, raising concerns about stock market volatility, bitcoin’s near-term stability, and the Federal Reserve’s rate-cut calculus amid a widening trade deficit and cooling consumer spending. GDP Downgrade Sparks Uncertainty: Stocks, Bitcoin Vulnerable as Fed Watches Data Gross domestic product (GDP), the broadest […] Source CryptoX Portal
The Arizona Senate advanced a bill to create a state-managed reserve for seized bitcoin, passing SB 1373 by a 17-12 vote on Feb. 27 and sending it to the House for further consideration. Arizona Legislators Narrowly Pass Digital Assets Reserve Bill The Strategic Digital Assets Reserve bill establishes a fund overseen by the state treasurer […] Source CryptoX Portal
Este artículo también está disponible en español. Investor enthusiasm for Dogecoin is sharply declining. Over 67% of the open interest on the meme coin has decreased in three months. December 2024 saw it at $4.07 billion. By February 2025 it had dropped to $1.33 billion. This significant decline suggests mounting market caution. Many traders are retreating because of uncertainties in the broader crypto market. Related Reading Notable Drop In Dogecoin Open Interest Open interest measures the active contracts on futures and option exchanges. Usually, a declining figure indicates traders shutting…
According to the most recent data, Bitcoin’s hashrate has dipped beneath the 800 exahash per second (EH/s) threshold, coinciding with a 30-day low in mining revenue, commonly referred to as hashprice. As of Friday, the hashprice is hovering just below $50 per petahash per second (PH/s), marking a notable decline in miner profitability. Bitcoin Miners […] Original
The Bitcoin sell-off, which dominated a majority of the weak, appears to be easing off, with BTC price making a recovery back in the $80,000 range to reach an intra-day high at $85,120. Some traders believe that Bitcoin (BTC) was overdue for a bounce, given how deeply oversold some of its technical indicators had become. Those holding that belief warn that once bids are filled near the recent lows, if new buyers fail to sustain the momentum or negative macroeconomic newsflow resumes, BTC is likely to revisit its recent lows. …
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu and PEPE face bear markets, while investors diversify into PropiChain for AI-driven real estate solutions. Despite being used by investors to make millions, Shiba Inu and PEPE are in a bear movement, which has significantly triggered a negative sentiment from investors. This can be majorly attributed to the current market downturn and political issues affecting market positions. Amidst the buzz around these popular meme coins, a significant…
Este artículo también está disponible en español. Ethereum has experienced a massive drop, losing over 27% of its value in less than five days as the market faces extreme fear and uncertainty. The rapid sell-off has fueled speculation that a bear market could be on the horizon, with many analysts calling for further downside in the coming months. Related Reading However, despite the overwhelming bearish sentiment, there is still a chance for Ethereum to recover as the price is now testing a crucial demand level. If bulls manage to hold…
The speculative nature of cryptocurrencies personifies the idea that “anything is fair game” when it comes to valuation. These analyses can thread a thin line between being respectable or ridiculed. In 2018-2019, tossing the idea of a $100,000 Bitcoin price was considered so absurd that renowned economists took offense and condemned the mere thoughts of such statements. Bitcoin (BTC) certainly got the last laugh in that case, and in 2025, the same optimism is flowing within another ferociously loyal community, the XRP (XRP) army. After President Trump’s election victory, XRP…
Bitcoin has entered bear territoriy, down 25% from its all-time high as macroeconomic uncertainty and political factors are spooking investors. Speaking on Bloomberg TV, crypto reporter Emily Nicolle argued that Bitcoin (BTC) is “still a very risk-on asset” that is highly correlated to shifts in the macroeconomic landscape. As such, what happens on Wall Street will be play out in Bitcoin. The downturn is also fueled by setbacks within the crypto industry, notably Bybit’s $1.5 billion hack last week has resulted in a “rough period” for the sector. Political uncertainty…
States are likely to adopt Bitcoin (BTC) reserves before the US federal government does, Senator Cynthia Lummis reportedly said on Feb. 28 during the Bitcoin Investor Week conference in New York. “My bets are that you’ll see a state have a Bitcoin strategic reserve before the federal government,” Lummis said, according to a Bloomberg report. In July 2024, Lummis, a Wyoming Republican, proposed legislation that would require the US federal government to create a national Bitcoin stockpile. Her bill, dubbed the BITCOIN Act, calls for the US Treasury Department to…