Coinbase: Outlook on the cryptocurrency market in Q4 2024
We hold a constructive outlook for the fourth quarter of 2024, primarily based on our optimistic view of the current macro environment.
The White House in the USA stated that Iran is preparing to attack Israel, causing a further decline in the US stock market, while oil prices and gold prices rise.
According to AXIOS, Iran is preparing to launch a ballistic missile attack on Israel. The Nasdaq fell more than 1%, WTI rose more than 3%, and spot gold rose more than 1% intraday.
Weekly ETF Flows: Investors Pump $19.8B in SPY at the End of Q3
MicroStrategy leveraged etf assets exceed $0.4 billion.
microstrategy leveraged ETF net assets broke through $0.4 billion this week, retail investors continue to pour into this high-volatility bitcoin-related ETF trading, leading to multiple asset management companies launching higher leverage ratio products, forming a so-called "hot sauce arms race".
Blackrock iShares Ethereum ETF assets under management surpass 1 billion US dollars
On September 28, The ETF Store president Nate Geraci stated on Platform X that Blackrock iShares ethereum ETF's asset size has exceeded $1 billion. The ETF currently ranks in the top 20% out of over 3,700 ETFs, achieving this milestone in just 2 months.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin Faces Resistance Around $66,000
Bitcoin Holds Steady Above $65,000 as Decade Old Whale Wallet Activates
Heading towards a bull market? China's large-scale easing helps boost bitcoin's outlook to $70,000.
1. The Fed's rate cut combined with China's central bank's large-scale stimulus has boosted global liquidity, triggering market frenzy this week. 2. After two months of weakness, the price of bitcoin has risen by 10% in the past month, boosting investors' confidence.
After the surprise rate cut, Federal Reserve officials are pushing for a "steady loosening" of the monetary floodgates.
①Mussalem told the media that the US economy may react "very strongly" to overly loose financial conditions, which will stimulate demand and extend the time needed to bring inflation back to 2%; ② He acknowledged that the US labor market has cooled down in recent months, but given the low layoff rate and overall strong economy, he remains optimistic about the prospects.
Latest cryptos news | Optimism spreads! Bitcoin rises above the 0.065 million mark; Bloomberg: Bitcoin expected to achieve one of the largest September gains ever.
Donald Trump Jr.: willing to spend a lot of money to have Harris explain encryption and blockchain technology, but cannot use a teleprompter; the correlation between bitcoin and global liquidity is stronger than that of gold and stocks.
Global interest rate cuts catalyze, bitcoin moves towards its best September ever.
This month, bitcoin has risen by more than 10%. Analysis believes that the failure to "decisively" break through $65,000 may indicate that bitcoin will enter a weak period.
The Crypto Market and Bitcoin Break the Months-long Downtrend
About the heavyweight interest rate pricing benchmark! The "third figure" of the Federal Reserve announced the establishment of a new institution.
①New York Fed President Williams announced on Thursday that the New York Fed will establish an institutions composed of private market participants to oversee the usage of interest rate benchmarks or reference rates in the entire financial market; ②This institution will be named the Reference Rate Usage Committee (RRUC), with the first meeting scheduled for October 9th.
Bitcoin: Why New Investor Confidence Could Drive Prices Higher
Optimistic sentiment fuels the soaring stock prices! Bitcoin breaks through the 0.064 million mark, overlaid with strong bullish views from Morgan Stanley, leading several bitcoin miners to rise before the market open.
Morgan Stanley has started covering multiple bitcoin miners in recent reports and has given them an 'outperforming large cap' rating.
Latest cryptos news | Bitcoin and Ethereum are both rising; Harris reiterates support for cryptos, some options traders bet that Bitcoin will touch 0.1 million US dollars by the end of the year
Deribit: A $5.8 billion bitcoin quarterly options expiration may cause market volatility.
Glassnode: Where is the new capital flowing? How is investor confidence?
After the Fed cut interest rates by 0.5%, bitcoin has already covered the short-term holders' cost basis. If the price also remains above the 200-day moving average of $639,000, this rebound may have technical significance.
Bitcoin (BTC) price is falling: Is the upward trend still safe?
Bitcoin (BTC) price is falling: Is the upward trend still safe?
Bitcoin prices are expected to rise significantly - Blackrock's head of cryptos referred to BTC as a "safe haven" asset.
Blackrock's Head of Digital Assets Robbie Mitchnick recently emphasized the potential of bitcoin as a "safe haven" asset.
USA SEC Chairman is preparing for a 'change in personnel'? Harris suddenly spoke: bitcoin included in the US economic plan....
Democratic presidential candidate Harris of the United States has included bitcoin in her economic plan, stating that the USA should take a leading position in blockchain. Billionaire Cuban expressed his intention to serve as the chairman of the US Securities and Exchange Commission.