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Economist Peter Schiff Raises Concerns About Spot Bitcoin ETFs

The possibility of spot Bitcoin ETF approval by the US SEC has caused excitement in the crypto space as investors gear up for a Bitcoin bullish trend. However, not all voices are convinced of the innovative changes of Bitcoin ETFs, as a prominent economist has cautioned about the potential risks associated with Bitcoin ETFs  Schiff Says Bitcoin ETF Selling Risks Ahead Chief Economist and Bitcoin critic, Peter Schiff has aired his concerns about Spot Bitcoin ETFs public in an X (formerly Twitter) post released on Monday. дальше »

2023-10-24 16:00


Solana On Fire With Over 34% Rally Within A Week – Details

The cryptocurrency industry has demonstrated a strong positive trend throughout the course of the week, with leading cryptocurrencies experiencing substantial increases in their market value. Moreover, the price of Solana (SOL) has exhibited superior performance compared to prominent cryptocurrencies, experiencing a notable increase of more than 34% in value over the course of one week. дальше »

2023-10-22 09:26


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Bitcoin exchange balance plummet to year-to-date low

Quick Take Bitcoin exchange balances have been witnessing a noteworthy trend of outflows, reaching a year-to-date low of 2. 3 million Bitcoin recently. This movement was underscored by Bitcoin breaking through the $29,000 mark, a milestone accompanied by a seismic shift of $200 million worth of Bitcoin moving away from exchanges yesterday, Oct. дальше »

2023-10-20 10:45


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The 10-year breakeven inflation rate has reached the second-highest level in 2023

Quick Take Since 2010, the U.S. financial landscape has primarily been marked by the Consumer Price Index (CPI) inflation rate outpacing the federal funds rate. However, this trend experienced an exception in 2019, and interestingly, in May 2023, when the country entered a period of positive real rates – a scenario where the federal funds […] The post The 10-year breakeven inflation rate has reached the second-highest level in 2023 appeared first on CryptoSlate. дальше »

2023-10-19 14:45


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Bitcoin accumulation hits highest level since July, signaling bullish trend

Quick Take The Accumulation Trend Score, a metric indicating the relative size of entities actively accumulating Bitcoin, has signaled a shift. This indicator evaluates on-chain Bitcoin holdings, factoring in the size of an entity’s balance (participation score) and their recent acquisition or selling activity (balance change score). дальше »

2023-10-19 11:50


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Bitcoin Dominance Rises: Why Altcoin Buying May Need A Break

In a recent trend evident on crypto charts, Bitcoin dominance is once again on the rise, prompting some traders and investors to rethink their strategies concerning altcoins. An in-depth analysis of the data, coupled with insights from prominent crypto analysts, unveils several compelling reasons to exercise caution when considering an altcoin purchase at this moment. дальше »

2023-10-18 14:00


Time To Cash Out? Bitcoin’s 4-Hour RSI Triggers Sell Indicator

Bitcoin (BTC) has retraced to the $28,400 level following a failed breakout above $30,000, resulting in a high rate of liquidations for both long and short positions.   Additionally, the recent fake news surrounding the approval of Blackrock’s spot Bitcoin Exchange-Traded Fund (ETF) by the US Securities and Exchange Commission has disrupted the upward trend and introduced new bearish indicators in the Bitcoin market. дальше »

2023-10-17 21:00