cryptocurrency markets – DIGIT INFO

$20B Flows Into Bitcoin ETFs Since January – Wednesday’s Top Players Revealed

DIGIT — Thu, 17 Oct 2024 15:46:19 +0000

On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another high-activity trading session, pulling in $458.54 million in gains. Meanwhile, ether ETFs also saw inflows, with $24.22 million moving into the nine funds. U.S. Bitcoin and Ether ETFs Absorb Millions – A Key Shift in Market Dynamics Data from sosovalue.xyz showed that $458.54 million was […]

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Bitcoin options tantalizing bears to push price below $30K before Friday’s expiry

DIGIT — Thu, 20 Jul 2023 13:09:53 +0000

Bitcoin bears are closing in on a rare win as they have the advantage in this week’s $600 million BTC options’ expiry.

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Is the cryptocurrency market about to break its 10-week losing streak?

DIGIT — Sun, 18 Jun 2023 17:21:08 +0000

Regulatory uncertainty and the lack of transparency on stablecoins caused crypto markets to trade at its lowest levels in 3 months.

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Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’

DIGIT — Sat, 27 Aug 2022 18:30:41 +0000

On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot inflation. Powell stressed at the event that strict monetary policy is necessary, and his commentary hinted that the Fed won’t hit the brakes on monetary […]

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The Fed Is ‘Resolute’ on Hiking Interest Rates, Tightening Monetary Policy to Tame Inflation — Gold and Stocks Sink

DIGIT — Wed, 03 Aug 2022 16:30:28 +0000

Several reports detail that U.S. Federal Reserve officials are resolute on tightening monetary policy and increasing the federal funds rate until inflation in America is alleviated. Chicago Fed president Charles Evans explained on Tuesday that the central bank would likely keep up the larger than usual rate hikes until inflation is remedied. The Fed Is […]

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Global Commodities Skyrocket, Ounce of Gold Nears $2K, Musk Says ‘There’s a Need to Increase Oil and Gas Output’

DIGIT — Sun, 06 Mar 2022 06:30:07 +0000

While the cryptocurrency prices dropped toward the end of the week, precious metals, energy stocks, and global commodities skyrocketed in value amid the ongoing war in Ukraine. The price of one ounce fine gold is nearing the $2K mark, benchmark coal prices have been surging, aluminum values broke records and nickel tapped an 11-year high. […]

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SEC Chairman Gary Gensler Stresses Crypto Markets Are Open to Manipulation, Investors Vulnerable

DIGIT — Mon, 06 Dec 2021 01:00:59 +0000

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has called for more investor protection in crypto markets. “This asset class is rife with fraud, scams, and abuse in certain applications,” he said. “In many cases, investors aren’t able to get rigorous, balanced, and complete information on tokens or trading and lending […]

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Bitcoin Price Regains Strength Above $41K, Crypto Market Cap Jumps 6% in 24 Hours

DIGIT — Sat, 31 Jul 2021 13:15:30 +0000

Crypto assets have climbed in value during the last 24 hours as the price of bitcoin tapped a high on Friday, reaching $42,411 per unit at 8:00 p.m. (EDT). The entire market capitalization of all 10,000+ crypto assets is $1.64 trillion on Saturday, up over 6% during the last day. Bitcoin Climbs Over 20% This […]

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Analyst Warns of Broad Correction in the Cryptocurrency Market

DIGIT — Wed, 12 May 2021 11:30:26 +0000

Vanda Research has warned of a broad correction in the cryptocurrency market. Ben Onatibia, the firm’s partner and senior strategist, said that the surge in cryptocurrency prices this year is reminiscent of bitcoin’s rally in 2017. A Correction in Crypto Market Appears to Be Brewing, Says Analyst Vanda Research published a report Monday warning of […]

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Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range

DIGIT — Thu, 01 Oct 2020 20:30:47 +0000

The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a record 66 consecutive days. Meanwhile, the network has surpassed 18.5 million bitcoin issued, as the global hashrate coasts along at an all-time high of 140 exahash per second (EH/s). As of […]

The post Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range appeared first on Bitcoin News.

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