Elliott Management warns of crypto collapse due to White House backing
Elliott Management warns crypto is a speculative bubble driven by hype and White House support, cautioning that its collapse could destabilize the U.S. dollar....
Tag : Cryptocurrency.
Bitcoin drops 5 percent erasing $5,000 in a sudden price slump
Bitcoin plunged 5 percent, losing $5,000 per token, as $130M liquidated in long positions. Traders now focus on Fed decisions, GDP data, and inflation indicators....
Crypto liquidations top $483 million as markets react to Fed outlook
Cryptocurrency markets saw $483 million liquidated as economic signals raised doubts about rate cuts, sending Bitcoin down 5% and tech stocks like Nvidia tumbling....
Bitcoin prices may hit $200,000 in 2025 amid favorable regulations
Analysts predict Bitcoin could hit $200,000 in 2025, driven by ETFs, favorable regulations, and Trump’s pro-crypto policies, with forecasts ranging as high as $250,000....
Dollar strengthens in 2024 as markets brace for cautious Fed policies
The U.S. dollar posted strong gains in 2024, boosted by higher Treasury yields and a cautious Fed policy outlook, while markets braced for economic shifts...
MicroStrategy expands Bitcoin reserves amid broader crypto downturn
MicroStrategy plans more stock sales to expand its Bitcoin reserves, even as Bitcoin prices drop 3%, reflecting volatility ahead of a $43 billion derivatives expiry....
Russia embraces cryptocurrencies to counter sanctions and grow trade
Russia legalizes Bitcoin for foreign trade, with Finance Minister Anton Siluanov confirming its role in bypassing sanctions and developing decentralized financial systems for global transactions....
Federal Reserve rate cut expected to influence Bitcoin’s trajectory
Bitcoin hits $108,315 before retreating as traders await Federal Reserve decision. Pro-crypto sentiment from Trump and Nasdaq 100 news fuel optimism amid market volatility....
Bitcoin’s fixed supply fuels $15 trillion market cap projections
Trump confirms U.S. bitcoin reserve plan, sending crypto prices soaring past $100K, amid rising global competition and mounting interest in decentralized financial strategies....
Nvidia’s earnings anticipation drives modest stock market gains
Nvidia's earnings, a significant indicator for AI investments, are set to reveal, potentially driving major shifts in tech stock dynamics and market stability....