Tag: 10Year

$115-Million Bitcoin Whale Wakes Up From 10-Year Slumber

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Bitcoin is still pushing a price recovery on its quest to return to the $70,000 price level. This has seen the cryptocurrency now trading above $69,000, up by 1.6% in the past 24 hours. This price fluctuation has occurred in the middle of increased accumulation activity from some whales and some short-term holders.  Blockchain analytics platform Lookonchain has revealed an instance of whale activity on social media. An interesting transaction came from a whale wallet which recently woke up after 10 years of dormancy to transfer 246 BTC worth $16.73…

This 10-Year Trendline Could Lead To A 4000% Surge

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Crypto analyst Jaydee recently highlighted a historical pattern that suggests that the XRP price could experience a parabolic move soon enough. If history is anything to go by, XRP is believed to have the potential to see a 4,000% surge when this pattern finally forms. XRP Price Testing 10-Year Trendline Jaydee revealed in an X (formerly Twitter) post that the XRP price was currently testing a 10-year trendline. This move is significant as the analyst noted that XRP saw a 39x and 650x increase in its price the last two…

10-Year US Treasury Yields Surge Past 5% Again, Dow Futures Crash 200 Points

Rise in the US Treasury Yields put pressure on the market resulting into bearish weekly start on Wall Street. Yields surge past 5% with Fed planning for higher-than-longer interest rates. Macro pressure continues to hover over Wall Street as the 10-year US Treasury yields surged higher even today on Monday, October 23. The treasury yields continue to hover at multi-year highs as investors prepare for higher-for-longer interest rates from the Federal Reserve. Around 5:54 a.m. ET, the yield on the 10-year Treasury note, considered the benchmark, increased by 9 basis…

What’s in store for crypto and bitcoin with 10-year Treasury near 5%

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High interest rates have not been bitcoin’s friend in the past, and the benchmark 10-year U.S. Treasury yield recently reaching new generational highs comes at an especially inconvenient time for the cryptocurrency. Bitcoin’s price has held up in this year’s rising rate environment, but it’s also struggled to reach new highs, as investors seeking regulatory certainty in crypto remain on the sidelines. But it’s also primed to rip higher as crypto investors await the outcome of two key events – the approval of a bitcoin ETF and the Bitcoin halving…

BTC Gives up Gains as 10-Year Yield Spikes; Ether Futures ETFs Fizzle on Lukewarm Investor Interest

The crypto market, especially bitcoin, has seen a sizable rally recently, influenced by factors like the SEC’s ether futures ETFs approvals and other government decisions, QCP Capital wrote in a recent note, highlighting that bitcoin has gained 15% in the last two weeks. However, QCP has concerns regarding the rally’s sustainability, with shifts in demand and historical data suggesting potential market downturns. Source

10-Year US Treasury Yield Returns to Its Historical 4.5% Mark

Since 2007, the 10-year Treasury Yield has struggled to reach its long-term average of 4.5%. The 10-year US Treasury yield, a critical indicator of economic health, has reached a significant milestone. For the first time since the Global Financial Crisis (GFC) of 2008-09, it has risen back to the 4.5% yield. This development has brought optimism to long-term Treasury investors, offering the prospect of positive annual real yields, especially with inflation moderating. A Return to Historical Norms The 10-year US Treasury yield’s resurgence to 4.5% marks a return to its…

OKX Eyes 10-Year Deals with McLaren and Man City, Unveils ‘Stealth Mode’ Race Car

A large chunk of OKX’s $25-$50 million annual advertising budget goes towards its sports deals. Crypto exchange OKX wants its deals with Formula 1 team McLaren and UEFA Champions League-winning team Manchester City to last a decade. The company reportedly spends $25-$50 million per year in its sponsorship deals with the two sports teams. OKX’s Global Chief Marketing Officer Haider Rafique told The Block in an interview that the company has a five-year deal with McLaren and hopes to extend it to at least ten years. Partnerships between crypto firms…

Bitcoin inches closer to a 10-year record, as other stats turn bullish

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The world’s first cryptocurrency Bitcoin (BTC) is one day away from matching its historic 15-day win streak if its positive price movement keeps up. In November 2013 Bitcoin posted a 15-day consistent positive price movement, the longest in its history. ₿REAKING: #Bitcoin price has increased 14 days in row — A single day away from making a historic new record! pic.twitter.com/qclJhikcds — Documenting ₿itcoin (@DocumentingBTC) January 17, 2023 Right now, BTC is on day 14 of its win streak, hitting four-month highs in the process. One more day of upwards…

10-Year Treasury Yield Inches Higher as Market Awaits Key Personal Consumption Expenditure Report

The 10-year Treasury yield was up 1 basis point in anticipation of the Fed’s next move regarding inflation.  The yield on the US 10-year Treasury note was marginally higher on Friday, December 23rd, as investors await critical inflation data. The markets are paying close attention to a key inflation metric for clues to the Federal Reserve’s next interest rate move. According to reports, the 10-year Treasury yield climbed by a basis point to 3.6856%. Meanwhile, the yield on the 2-year Treasury note remained unchanged at 4.2636% as of press time.…