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.
Will BNB Breakout After CZ's Release? Price Charts Signal Caution!
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.
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.
Shares of Crypto-related Stocks Are Trading Higher Amid Strength in Bitcoin, Which Passed $65,000 Amid Upbeat Market Sentiment, Net Inflows to Bitcoin Spot ETFs and the Fed's Recent Rate Cut.
Craig-Hallum Maintains Hut 8(HUT.US) With Buy Rating
Craig-Hallum Sticks to Its Buy Rating for Hut 8 Mining Corp (HUT)
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.
Hut 8's GPU-as-a-Service Vertical Goes Live With Inaugural Deployment
Hut 8 Announced That Its GPU-as-a-service Vertical Has Begun Generating Revenue As The Inaugural GPU Cluster For An AI Cloud Developer Comes Fully Online
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.
Polygon ZkEVM Mainnet Beta Prepares for Eggfruit Upgrade: What You Need to Know
ALGO Approaches Key Resistance as Wallet Growth Continues
BNB Hints at 20% Crash: Are Bulls Losing Control?
Cardano Rises Above Key Price Level – Is $1 the Next Target?
The future of bitcoin: Can it firmly hold the "throne" of cryptos?
Despite fierce competition, these features give bitcoin unique and lasting advantages.
"Cryptos are not securities!" Mother of cryptos: The SEC in the USA did indeed fail to fulfill its duties, and the regulatory boundaries are not clear.
The crypto mother Hester Peirce stated that the SEC in the USA has indeed been negligent, with unclear regulatory boundaries, emphasizing that cryptos are not securities.
IBIT, Crypto ETFs Lead Stocks, Bonds After Fed Rate Cut