Tag: Market

Here’s why Bitcoin and the crypto market is going up today (Sep. 10)

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Bitcoin and the broader crypto market are rising today, Sept. 10, after the United States reported encouraging producer inflation data. Summary The crypto market rallied after the encouraging US inflation data. This report pushed some analysts to predict a 0.50% rate cut next week. Cryptocurrencies also rose after the strong Oracle and TSMC earnings. Bitcoin (BTC) price rose by 1.1% in the last 24 hours, while top coins like Ethereum (ETH), Binance Coin (BNB), and Solana (SOL) rose by over 2%. Crypto market rallies after US inflation data  The main…

21X Brings Chainlink Into Europe’s Tokenized Securities Market

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Chainlink’s price is wrestling with key support near $21, a level that has drawn heavy attention from traders and institutions alike. Chainlink (LINK) was down 2% to $22.30 as selling pressure weighed on the token. The move comes at a time when derivatives activity in the asset has jumped sharply, raising both expectations of a rebound and the risk of further losses. Related Reading Institutional Pathway Through 21X The network’s importance was reinforced after the launch of 21X, Europe’s first regulated tokenized securities platform. Approved under European rules, 21X connects…

Live: BTC Slips Below $112K, ETH Weakens, and Other Crypto Market News on Sept. 10

The crypto market shed $60 billion in value within just two hours after the release of revised US employment figures that reflect a significantly weaker labor situation than previously expected. Let’s take a closer look at the latest developments in the crypto industry. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult…

Senate Democrats Offer Competing Framework For Crypto Market Structure

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A group of Democratic US senators has released its own version of guidelines to influence legislation to establish a crypto market structure, focusing on taking time toward a “strong, bipartisan outcome.”  In a Tuesday notice, 12 Democratic senators, several of whom are on the banking committee, unveiled a framework for market structure legislation in response to Republicans’ plans. Like the Republicans’ latest draft released on Sept. 5, the Democrats’ framework includes provisions for regulatory clarity and laying out rules by which the US Securities and Exchange Commission (SEC) and Commodity…

24X Exchange Beats Nasdaq to Market with TNS Partnership for Extended-Hours Trading

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24X National Exchange has secured a key partnership with Transaction Network Services (TNS) that will provide market data connectivity for its upcoming round-the-clock US stock trading platform, positioning the startup exchange to beat Nasdaq’s competing service to market by more than a year. The partnership announced today (Tuesday) gives TNS exclusive access to distribute real-time market data from 24X when trading begins September 29. TNS will deliver the data feeds through its global network to broker-dealers and their retail clients, particularly targeting firms in Asia-Pacific markets that want to trade…

Bitcoin futures market cools amid whale retreat and retail dominance

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Bitcoin’s futures market is cooling down after months of high-stakes activity. New data suggests retail traders are now dominating the scene, as whales scale back. Summary Whale participation in Bitcoin futures is declining, as shown by lower average order sizes and reduced large trades. Retail traders now dominate the BTC futures market, contributing to weaker price momentum and increased volatility. Futures sentiment has turned bearish, with taker sell volume outweighing buys since late July, despite BTC holding above $110K. Bitcoin is consolidating between $100K–$125K, and without renewed whale interest, a…

Bitcoin Market Absorbs Supply In Batches: VDD Highlights Mature Bull Phase

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Bitcoin is currently at a crossroads, caught between bullish hopes and bearish pressure. Bulls are struggling to reclaim the $115K level, while bears have been unable to keep BTC below $110K, leaving the market in a tense state of uncertainty. This indecision comes as volatility increases ahead of the upcoming US Federal Reserve meeting, where investors expect a possible announcement on interest rate cuts. Such a decision could significantly impact risk assets, including Bitcoin, by shaping liquidity conditions in global markets. Top analyst Axel Adler highlights that as of today,…

Christie’s Scales Back on NFTs as Art Market Faces Decline

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UK auction giant Christie’s is reportedly closing its department that handles non-fungible token sales, putting it under a broader department amid a global decline in the art market. The “strategic decision” will see the 258-year-old British auction house continue to sell digital art such as non-fungible tokens (NFTs), but now within the larger 20th and 21st-century art category, according to a report on Monday from Now Media that cited a statement from a Christie’s spokesperson. At the same time, Now Media reported the auction giant laid off two employees, including…

European Crypto Giant CoinShares Plans US Market Entry with $1.2B Merger

Key Notes European digital asset manager transitions from Nasdaq Stockholm to capture US market opportunities and growth. Company manages $10 billion in assets with 34% European market share, ranking fourth globally after major competitors. Transaction includes $50 million anchor investment and closes Q4 2025 following regulatory and shareholder approvals. CoinShares International Limited announced on September 8 its entry into a definitive business combination agreement with Vine Hill Capital Investment Corp., a special purpose acquisition company, that will result in the European asset manager listing on the Nasdaq Stock Market in…