Key takeaways: Bitcoin investor sentiment hits a 7-month high, with a bullish pennant forecasting a rally to $115,000. Today’s CPI print and the chance for a lower-than-expected PPI on June 12 could drive BTC price higher. Bitcoin (BTC) price briefly rallied above $110,000 on Wednesday after US Consumer Price Index (CPI) data came in cooler than expected at 2.4% year-over-year (forecast: 2.5%). Core CPI also beat estimates at 2.8% (forecast: 2.9%). The US Dollar Index (DXY) plummeted to 98.5, a multimonth low, with markets swiftly adjusting to the Federal Reserve’s…
Tag: Investors
Older investors are risking everything for a crypto-funded retirement
The time-honoured advice for older people approaching retirement is to reduce your exposure to risky assets to preserve your nest egg. But what if your nest egg has already been destroyed and you need a high-risk/high-return method to make it all back in the space of a few years so you can retire comfortably? Retirement is more fun with a big pile of crypto. (Pexels) It’s not a strategy for the faint-hearted — and it could easily go horribly wrong in the event of a sudden crash to a prolonged…
Bitcoin Eyes $110K as Investors Await Outcome of US-China Trade Talks
Trump administration officials met with the Chinese delegation in London for the second day on Tuesday, as the two countries seek to strike a trade deal in the aftermath of a contentious tariff war. Will US-China Trade Talks Be the Catalyst for Bitcoin’s $110K Breakthrough? The world’s two largest economies have been locked in a […] Original
Best Crypto to Buy Now as the UK Lifts Ban on Crypto ETNs for Retail Investors
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Financial Conduct Authority (FCA) of the UK is all set to lift its ban on cryptocurrency exchange-traded notes (ETNs) for retail investors. The FCA had banned ETNs in January 2021, citing their volatility and complexity…
Moscow Exchange Opens Bitcoin Futures to Select Investors
Russia is entering the cryptocurrency derivatives market, as the Moscow Stock Exchange kicked off bitcoin futures trading on June 4, limited exclusively to “highly qualified” investors. This move comes as Russia cautiously experiments with crypto-related financial instruments, amid ongoing regulatory uncertainty. These new contracts are linked to Blackrock’s bitcoin exchange-traded fund (ETF), the Ishares Bitcoin […] Source
Investors Eye Key Support Levels
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum price started a fresh decline below the $2,550 zone. ETH is now showing a few bearish signs below the $2,500 pivot level. Ethereum started a fresh decline below the $2,550 level. The price is trading…
Bitcoin and altcoins are crashing as investors ‘are locking profits’
Bitcoin and other altcoins continued their downward trend on Thursday as the recent bullish momentum faded. Bitcoin (BTC) dropped briefly below $104,000 as the market capitalization of all coins fell by 1% to $3.27 trillion. Some of the top laggards were altcoins like Fartcoin (FARTCOIN), Dogwifhat (WIF), Jupiter (JUP), and Ethena (ENA). Analysts suggest the ongoing pullback is a typical occurrence during bull markets, as some investors begin locking in profits. In a statement to crypto.news, Ryan Lee, Chief Analyst at Bitget Research, said: “After a period of notable gains,…
Bitcoin’s Key Investors Double Down, Buy Another 79,000 BTC
On-chain data shows the large Bitcoin investors have added to their holdings in the past week, a sign that could be bullish for BTC’s price. Bitcoin Investors With 10 To 10,000 BTC Have Added To Their Holdings In a new post on X, the on-chain analytics firm Santiment has talked about the latest trend in the Bitcoin supply held by the 10 to 10,000 BTC investors. The on-chain indicator of relevance here is the “Supply Distribution,” which tells us about the total number of tokens that a particular wallet group…
Price Slips Further, Investors on Edge
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Moscow Exchange launches Bitcoin ETF futures trading for qualified investors
After a series of pro-crypto moves, Russia is enabling qualified investors to gain exposure to Bitcoin. Regulated Bitcoin (BTC) trading is coming to Russia, but for qualified investors only. On Wednesday, June 4, the Russian news agency TASS reported that the Moscow Exchange will list a Bitcoin ETF futures contract. The product will be linked to the value of the IBIT Bitcoin Trust ETF, a U.S.-based Bitcoin spot ETF. “Trading in this new product will begin on June 4, 2025, and will be exclusively available to qualified investors,” Moscow Exchange.…