FTSE 100 today: London markets likely to soar on the heels of global tech rally
Published by City AM By Vivek Kumar Moving Markets Today: Global Stocks Surge in Tech Rally, Oil Prices Dip, Bitcoin Hits Five-Week Low; Attention Shifts to UK Retail Sales and U.S. Michigan Sentiment Data U.S. stocks, led by the S&P…
Bitcoin, Ethereum, Dogecoin Plunge Amid $200M Crypto Long Liquidations: Analyst Says King Crypto To Reach All-Time Highs After Halving Event
Published by Benzinga Major cryptocurrencies on Thursday evening dropped as traders betting on long positions faced substantial liquidation. What Happened: According to the data from Coinglass, the past 24 hours have seen over $200 million worth of cryptocurrency long positions…
Dollar headed for second weekly gain on tempered rates outlook
Published by Reuters UK By Tom Westbrook SINGAPORE (Reuters) – The dollar headed for a second weekly gain in a row on Friday on signs of resilience in the U.S. economy and caution about rate cuts from central bankers. Weekly…
Investment company with $1 billion in assets considers investing in Bitcoin mining | CoinDesk JAPAN
Specialist investment firm Deus X has partnered with Fabiano Consulting to explore investment opportunities in the Bitcoin (BTC) mining space. The companies aim to become investors and financial management providers for mining companies seeking strategic advice, including financing, business expansion…
JP Morgan analysis Will the profit taking of Bitcoin ETF “GBTC†further accelerate selling pressure?
Outflow for 5 consecutive days Bitcoin fell below the $41,000 level, down 3.7% from the previous day. The reason for the dominance of selling seems to be that the selling of BTC spot profits in Bitcoin ETFs is accelerating. According…
Bitcoin ETF provider Franklin Templeton has high hopes for Bitcoin, Ethereum, and Solana
Expressing expectations for BTC, ETH, and SOL On the 18th, the digital asset analysis team at Franklin Templeton, a major US asset management company, posted a series of posts about crypto assets (virtual currencies) on X. He has expressed his…
Bitcoin Records Largest Transaction Of 2024, $665M Worth BTC Moved In 1 Hour
Bitcoin’s (CRYPTO: BTC) blockchain saw its largest transaction of the year, with $665 million worth of the cryptocurrency changing hands in a single transaction. What Happened: Santiment, an on-chain analytics firm said, “The largest Bitcoin transactions thus far in 2024,…
Bitcoin hash rate drops by up to 34% due to cold wave in North America and power conservation request in Texas
Texas power saving request From November 13th to 17th, the hashrate of the Bitcoin (BTC) network decreased by 34% from a maximum of 629EH/s to 414EH/s. At the time of writing, it is trending at 440EH/s. Source: Ycharts This decrease…
JP Morgan CEO criticizes Bitcoin again, comparing it to a “pet stone†| CoinDesk JAPAN
JPMorgan CEO Jamie Dimon publicly reiterated his criticism of Bitcoin (BTC) on Wednesday, saying his personal advice is not to get involved. Dimon said Bitcoin’s use cases include “anti-money laundering (AML), fraud, sex trafficking, and tax evasion,†but added, “I…
Jim Cramer Borrows A Page From Jamie Dimon In Warning Investors About Bitcoin ETPs: ‘Know What Exactly You Might Be Putting Your Money In’
CNBC’s ‘Mad Money’ host Jim Cramer weighed in on the decision by the Securities and Exchange Commission (SEC) to approve spot Bitcoin (CRYPTO: BTC) exchange-traded products (ETPs) in the United States. What Happened: Cramer, referencing comments from JPMorgan CEO said,…