Breaking News: CRYPTO MOVERS – Market Insights, Analysis & Latest Updates

Speculation and DeFi will drive Ethereum network activity if bull market persists, analysts say

Major cryptocurrencies are rising after a Federal Reserve rate cut, particularly Ethereum, which may see increased on-chain activity and renewed interest in DeFi.

theblock.co • 20/09/2024 - 13:26 PM

Bitcoin supported by elevated risk-on sentiment as yen weakens against the dollar: analyst

Bitcoin's price surged after the Fed's rate cut, influenced by a weak yen and mixed analyst views on future volatility and price momentum.

theblock.co • 20/09/2024 - 10:19 AM

Bitcoin set for rally after Federal Reserve rate cut, Standard Chartered says

Bitcoin's outlook improves following a Fed rate cut, driven by macroeconomic factors, not election outcomes. Predictions suggest potential highs of $125,000 or $75,000 based on election results.

theblock.co • 19/09/2024 - 15:54 PM

CryptoQuant sees bitcoin short-term holder supply decline as barrier to price breakout

Bitcoin's short-term holder supply hits a multi-year low while market dominance rises, indicating a shift toward long-term holding amid a lack of new demand from short-term holders.

theblock.co • 19/09/2024 - 14:04 PM

Fed cuts interest rates by 50 basis points, bitcoin trades higher

The article discusses the impact of the U.S. Federal Reserve's recent interest rate cut on Bitcoin and financial markets, predicting volatility and recommending long-term investments.

theblock.co • 18/09/2024 - 18:12 PM

Bitcoin exchange depositing addresses at lowest level in years, indicating potential relief in selling pressure: CryptoQuant

Bitcoin exchange depositing addresses hit a multi-year low, suggesting reduced selling pressure but possibly also declining demand, while reserves on exchanges fell by over 15% this year.

theblock.co • 17/09/2024 - 16:17 PM

Crypto market volatility is rising as Fed rate decision approaches: analysts

QCP Capital notes rising options market volatility as traders anticipate potential Fed rate cuts, impacting bitcoin and ether prices amid mixed investor sentiments.

theblock.co • 17/09/2024 - 11:10 AM

Fed now expected to cut rates by 50 bps this week, giving boost to bitcoin, Bitwise analyst says

The U.S. Federal Reserve is widely expected to cut its benchmark rate this week, with interest rate traders predicting a 50 basis-point reduction at Wednesday’s Federal Open Market Committee (FOMC) meeting. If the Fed decides to cut rates by 50 basis points, the market for risk assets, including bitcoin, could react positively, according to an analyst.

theblock.co • 16/09/2024 - 14:26 PM

Bitcoin's stagnation, gold's record high reflect ongoing market caution: Bitfinex

Bitcoin has decoupled from gold, indicating a shift towards safe-haven assets as investor caution grows amid recessionary signals and anticipated interest rate cuts.

theblock.co • 16/09/2024 - 12:49 PM

CRYPTO MOVERS

Toncoin price starts to recover following Durov's release, despite slow market

Toncoin has surged by 7.95%, outpacing major cryptocurrencies, with analysts suggesting continued price appreciation influenced by macroeconomic factors and Telegram's significant crypto involvement.

theblock.co • 09/09/2024 - 11:35 AM

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