Tag: Market

Bitcoin, altcoins rise as cooling labor market fails to spook risk trade

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A lukewarm U.S. employment report for August sparked a broad crypto rally Friday. Traders appear to have interpreted the stagnant data as a signal for potential monetary easing, pushing Bitcoin above $113,000 and lifting altcoins across the board. Summary Bitcoin climbed above $113K as a soft August U.S. jobs report sparked a broad crypto rally. Total cryptocurrency market capitalization rose over $60 billion to nearly $3.9 trillion. Altcoins including Ethereum, Cardano, and SUI saw notable gains alongside memecoins. On September 5, the U.S. Bureau of Labor Statistics reported that nonfarm…

Bitcoin Price Watch: Bear Market Bounce or True Reversal? All Eyes on Volume

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Bitcoinโ€™s price coasted along at $112,364 on Friday, with a market capitalization of $2.23 trillion. Its 24-hour trading volume hit $42.90 billion, ranging between $109,399 and $112,965. Bitcoin Bitcoin remains below key resistance, signaling caution. The trend has shifted across timeframes, but volume lacks the strength needed to confirm a macro reversal. A deeper pullback […] Original

Live: Crypto Market News on Our Radar on Sept. 5

The crypto and stock markets have turned bearish amid the anticipation of the US jobs report that will be released today, on Sept. 5. Here are some other market developments that traders are watching now. 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 with a professional before making any decisions based…

Bitcoin Market Base Turns Neutral-Bearish As Flows Stay Weak

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Bitcoin is entering a fragile stage after days of selling pressure and uncertainty pushed the price into consolidation around the $110,000 level. Bulls are working to defend this key area, but momentum has clearly faded. The market now finds itself in a holding pattern, with investors cautious about whether Bitcoin will stabilize or break lower in the sessions ahead. Related Reading Despite the weakness, there are no clear signals yet of a deeper correction. Historically, retracements within ongoing bull markets often serve as resets rather than trend reversals, but the…

$375,000 Bitcoin? Market Veteran Says Itโ€™s Closer Than You Think

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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. Matthew Meลพinskis, the analyst behind Porkopolis Economics and co-host of the โ€œcrypto_voicesโ€ podcast, told Marty Bent on TFTC that Bitcoinโ€™s late-cycle upside remains larger than most models imply, arguing that price action continues to track a…

Etherealize Raises $40M to Market Ethereum to Finance Firms

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Ethereum advocacy firm Etherealize has closed a $40 million funding round to help it pitch the blockchain to Wall Street in a week thatโ€™s already seen public firms add over $1.2 billion worth of Ether to their treasuries.ย  Etherealize said on Wednesday that the crypto-focused venture firms Electric Capital and Paradigm led the round, which it would use to โ€œcontinue driving institutional adoption of Ethereum.โ€ The company launched in January with funding from the Ethereum Foundation and Ethereum co-founder Vitalik Buterin to educate institutions on the blockchain and the Ether…

U.S. Bancorp reenters Bitcoin custody market in post-SEC landscape

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U.S. Bancorp is reportedly reviving its Bitcoin custody business, betting that institutional demand now outweighs the perceived regulatory risks. The bank had shelved the service for three years due to prohibitive capital requirements imposed by the SEC. Summary U.S. Bancorp is reviving its Bitcoin custody service after a three-year pause, targeting institutional clients and spot Bitcoin ETFs. NYDIG will serve as sub-custodian, while U.S. Bancorp acts as client-facing intermediary. Spot Bitcoin ETFs have drawn $54.57 billion in inflows and now hold 6.45% of BTC supply, intensifying demand for trusted custodians.…

KuCoin Doubles Down on Vietnam Market With New Partnership

Key Notes KuCoin teams up with VBA and 1Matrix to accelerate blockchain development in Vietnam. The partnership combines global expertise, local resources, and policy advocacy. KuCoin continues its global expansion plans with BC Wong as its new CEO. Seychelles-based crypto exchange KuCoin has entered a Memorandum of Understanding (MoU) with the Vietnam Blockchain and Digital Assets Association (VBA) and 1Matrix Joint Stock Company. ๐Ÿ‡ป๐Ÿ‡ณ KuCoin has signed an MoU with @VietnamVBA and @1matrixvietnam to advance blockchain infrastructure and digital asset development in Vietnam. This collaboration focuses on:โœ… Pilot trading platforms…

Live: Is Red September Back? What’s Happening in Crypto Market on Sept. 3

The start of the month has been quite dynamic for the cryptocurrency market. Bitcoin is trading at $110,000, significantly below the $123,000 reached in mid-August. Ethereum has dropped nearly 2% of its value in the last 24 hours, hovering around $4,300. Despite the recent downtrend, this price level still reflects a 30-day gain of over 21%. Meanwhile, Bitget Token, Fartcoin, Bitcoin Cash, and Ondo are among the top performers at the moment, with 24-hour gains ranging from 4% to 7%. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent…

Decoupling: Crypto Goes Up While US Stock Market Goes Down

Key Notes Bitcoin trades at $110,987 with 1.58% gains while S&P 500 falls 1.48%, breaking traditional correlation patterns on September 2. Altseason Index reaches 61 on Coinglass as Bitcoin Dominance drops from 65% cycle peak to 58%, indicating capital rotation to altcoins. Strategy purchased 4,000 BTC worth $449 million while crypto total market cap rises 1.5% to $3.77 trillion intraday. Historically, the cryptocurrency market, led by Bitcoin BTC $110 569 24h volatility: 1.3% Market cap: $2.20 T Vol. 24h: $53.31 B , has registered a significant correlation to the US…