Market

Bitcoin’s 8% correction flushed leverage but set stage for short term turbulence

Bitcoin’s 8% correction flushed leverage but set stage for short term turbulence

Bitcoin (BTC) dropped nearly 8% from its May 22 all-time high, near $112,000, ending a 50% climb over 45 days that began on April 7, when BTC reached its yearly low at $74,441.20. According to the June 2 “Bitfinex Alpha” report, a Court of Appeal decision reinstating disputed US import tariffs pushed 30-year Treasury yields […]

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Circle’s IPO attracts major interest, set for .2B valuation

Circle’s IPO attracts major interest, set for $7.2B valuation

Circle, the company behind the USDC stablecoin, has revised its IPO filing to reflect stronger-than-expected investor demand, according to a June 2 filing with the US Securities and Exchange Commission (SEC). The updated filing shows Circle now plans to issue 32 million Class A shares, up from the previously announced 24 million. It also raised

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Why Is Crypto Down Today? – May 29, 2025

Why Is Crypto Down Today? – May 29, 2025

The crypto market saw another small drop today, though the situation has improved compared to yesterday, with more coins in the green, as the market consolidates. Nearly half of the top 100 coins per market cap have increased over the past day. At the same time, the cryptocurrency market capitalization has decreased by 2%, currently

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US Court Blocks Trump’s Tariffs, Arthur Hayes Says ‘Buy Everything’

US Court Blocks Trump’s Tariffs, Arthur Hayes Says ‘Buy Everything’

President Trump’s “Liberation Day” tariffs have been struck down by the US Court of International Trade, which ruled the sweeping trade measures illegal and outside the president’s authority. The Trump administration immediately filed a notice that it was appealing the ruling. On Wednesday, the court in Manhattan ruled in favor of Democratic-led states and a

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Bitcoin Starts A Range-Bound Move Below 0,000

Bitcoin Starts A Range-Bound Move Below $110,000

May 27, 2025 at 17:38 // Price The price of Bitcoin (BTC) has been steadily rising and making higher highs and higher lows. Bitcoin price long-term prediction: bullish The bullish rise has now stalled around the high of $112,000. Bitcoin has been hovering above the 21-day SMA support and below the $112,000 level since

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BTC Holds Steady Near 0K as Traders Brace for Bitcoin Conference Headlines: QCP

BTC Holds Steady Near $110K as Traders Brace for Bitcoin Conference Headlines: QCP

Key Takeaways: Bitcoin is holding steady near $110K as traders eye potential headline risks from the Bitcoin Conference. QCP warns of past volatility spikes tied to political speeches, with short-term traders trimming exposure. Bitfinex sees rising profit-taking and expects consolidation, but institutional buying remains a strong tailwind. Bitcoin is trading in a tight range between

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10x: Metaplanet is Trading at 6K Per Bitcoin, Raising Retail Bubble Concerns

10x: Metaplanet is Trading at $596K Per Bitcoin, Raising Retail Bubble Concerns

Japanese firm Metaplanet is effectively trading at $596,154 per Bitcoin, according to 10x Research, which warned that retail investors may be paying a 447% premium for Bitcoin exposure via the company’s shares. Metaplanet is currently the most shorted stock in Japan, data shows, reflecting mounting skepticism among hedge funds over the company’s valuation and perceived

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Altcoins Fall At Overhead Resistance Levels

Altcoins Fall At Overhead Resistance Levels

May 26, 2025 at 14:11 // Price The worst-performing altcoins have come under renewed selling pressure after being rejected at their overhead resistance levels. Virtually all cryptocurrencies listed here are approaching their lows. Buyers are attracted to oversold regions of the market. Pyth Network (PYTH) Pyth Network (PYTH) has fallen below the

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Former IMF chief economist believes crypto is a rising threat to the U.S. Dollar’s dominance

Former IMF chief economist believes crypto is a rising threat to the U.S. Dollar’s dominance

American economist Kenneth Rogoff believes that the rise of crypto poses a threat to the hegemony of the U.S. dollar. Rogoff previously served as the chief economist at the International Monetary Fund (IMF) and on the Federal Reserve Board. He is a published author and an economics professor at Harvard University. In an interview with

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