At BlockTraderHub.com, we’re constantly in search of the major forces pulling the strings in this fast-changing environment of cryptocurrency. Among those, one that has stood the test of time as a major important driver is global liquidity, including how it could affect Bitcoin’s price. As recent history has shown, a...
In fact, Bitcoin’s price movements seem to track the expansion of global liquidity almost tic-for-tac. If additional monetary stimulus comes to fruition, this cryptocurrency would likely rocket to new all-time highs. Look, bitcoin has an implied price correlation with global M2 liquidity of over 84%. This very robust relationship speaks...
Bitcoin’s meteoric recent increase came to an abrupt halt in U.S. afternoon trading Wednesday. This drop was set off by hawkish remarks by Federal Reserve Chair Jerome Powell. The leading digital asset has since staged a minor comeback, briefly crossing above the $86,000 level. Yet its value soon tanked by...
Stephen Alpher is CoinDesk’s new managing editor for Markets, and he comes to the position with deep understanding and experience. He leads CoinDesk’s comprehensive, up-to-the-minute coverage of Wall Street’s latest efforts to capitalize on crypto. Alpher, who lives in New York, writes about the launch of spot bitcoin exchange-traded funds...
The financial world is abuzz with talk of the dollar’s imminent demise. People are excited to understand its uses for other assets, especially for things like Bitcoin. Investors are coming to be more concerned with long-term fiscal sustainability and a possible dollar doomsday scenario. Consequently, more and more people are...
Bitcoin is still trading under $84,244. Most analysts are expecting it to hold a long lasting floor between $66,000 to $80,000 the remainder of the year. Models predict that another bull market will start in 2026. This meteoric rise would bring the cost to a staggering $297,000 by that November...
The Securities and Exchange Commission (SEC) has recently adopted the notion of “meme coin” to define a new class of cryptocurrencies. In the meantime, the shorter, one-word version “memecoin” remains common in use elsewhere. This new language usage is important. This is a telling sign that the SEC’s guidance, while...
Ms. Waller’s latest tariff warning isn’t just about interest rates and Wall Street. It’s the flashing red light for the whole non-US global economy, particularly for the most vulnerable, least able to ride out the anticipated tsunami. And Bitcoin's dance around $85,000? That’s the canary in the coal mine, singing...
The US Securities and Exchange Commission (SEC) is considering a short-term crypto oversight framework, signaling a potential shift in the agency's approach to the digital asset industry. After three years, Gary Gensler has departed as the leader of the SEC. This is an exciting change, as it creates an opportunity...
For the past several decades, the United States has been reaping incredible benefits from the dollar’s status as the world’s reserve currency. This advantage, in turn, has delivered economic stability and development boosting power to the country. One thing that is clear is that Bitcoin is up and making a...