Bitcoin

Bitcoin gains for a second day, breaking an inverse parabola, while XRP surges 8% on new ETFs. Market eyes upcoming PPI data.

Bitcoin is attempting a recovery towards the $90,000 mark after recent heavy losses, but while selling pressure eases, derivatives traders are largely betting on further declines.

Analyst Kaleo suggests the market is bottoming out, drawing parallels to the 2020 Covid-era crash. He anticipates a potential ‘Santa Rally’ for Bitcoin and stocks if the pattern repeats.

Over one million Dutch investors can now directly invest in major cryptocurrencies like Bitcoin, Ethereum, and XRP through DEGIRO, the Netherlands’ largest investment platform. This integration blurs the line between traditional and crypto investments, potentially bringing a new wave of long-term investors into the market.

Despite the global rise of digital assets, the top 10 online casinos in the Netherlands do not accept cryptocurrency payments. This article explores the strict regulatory oversight from the Kansspelautoriteit (Ksa), concerns over transaction transparency, and the volatility of crypto as key reasons for this exclusion.

A JPMorgan note suggesting MSCI may exclude companies with large crypto holdings from its indexes has sparked outrage in the Bitcoin community, leading to widespread calls for a boycott. The situation escalated after Strike CEO Jack Mallers revealed his accounts with JPMorgan Chase were abruptly closed.

The falling U.S. 10-year Treasury yield signals a delayed realization of economic weakness, not just Federal Reserve policy. This has significant implications for Bitcoin, suggesting short-term price pressure but long-term support due to a more favorable monetary environment.

Macro economist Lyn Alden believes a major Bitcoin crash is unlikely in the short term due to a lack of market euphoria. While some predict a significant downturn, Alden remains optimistic for the medium term, forecasting a return to $100,000 levels by 2026 or 2027.

Recent large Bitcoin transfers from the defunct Mt. Gox exchange have reignited fears of a market sell-off. We explore the history of the exchange’s collapse and why its remaining multi-billion dollar Bitcoin holdings still spook investors today.

Secret central bank meetings, warnings from financial regulators, and a sharp crypto downturn are putting the global financial system under pressure. This analysis explores whether Bitcoin’s famous four-year cycle is broken and what structural shifts in interest rates and gold mean for investors.