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Matrixport Report Suggests Bitcoin May Enter a Consolidation Phase

Matrixport Report Suggests Bitcoin May Enter a Consolidation PhaseThe Fed’s increasingly hawkish stance could limit bitcoin’s rally, leading to another period of price consolidation. Sideways Price Action Could See Bitcoin Consolidate at Current Price Levels The first week of 2025 was a bearish one for bitcoin. The number one crypto dropped from $102,431 to $91,215, and despite the price rebound to the $95,000 […]

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

China Considering $1,400,000,000,000 Fiscal Stimulus Injection To Boost Ailing Economy: Report

China Considering ,400,000,000,000 Fiscal Stimulus Injection To Boost Ailing Economy: Report

China is reportedly considering a massive stimulus package as the country looks to breathe new life into its ailing economy. The second-largest economy in the world may approve a fiscal stimulus worth 10 trillion yuan or $1.4 trillion as soon as next week, reports Reuters. The country plans to raise fresh debt in the coming […]

The post China Considering $1,400,000,000,000 Fiscal Stimulus Injection To Boost Ailing Economy: Report appeared first on The Daily Hodl.

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

Bitcoin price peels back from its weekly high, but BTC derivatives markets look good 

Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish.

Bitcoin’s (BTC) price momentum has cooled since the Oct. 29 rally toward the all-time high, but the derivatives market continues to project traders’ optimism in a price recovery. 

The analysis of Bitcoin futures and options markets suggests that traders are maintaining positions without excessive leverage, which is crucial for a sustainable push toward new all-time highs. However, understanding the trigger for Bitcoin's price drop to below $69,000 on Nov. 1 remains essential.

Bitcoin 1-month options delta skew, put-call. Source: Laevitas.ch

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Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

How the US Fed thinks a Bitcoin ban could preserve deficit spending

A ban on Bitcoin? Even the suggestion as part of a thought experiment is bound to chafe the crypto community.

Bitcoin has been called many things, but a “balanced budget trap” is probably not one of them. Or at least not noticeably — until now.

A recent paper published on the Federal Reserve Bank of Minneapolis website suggests that Bitcoin (BTC), or something like it, could one day force the United States federal government to balance its budget.

That would arguably vex policymakers and legislators because they want to keep all their spending options open in case of serious emergencies, like a COVID-19 pandemic or a recession. A burst of spending can stimulate an economy, after all.

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Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

Analysts React to China’s Lackluster Stimulus Measures: Will a ‘Big Move’ Follow?

Analysts React to China’s Lackluster Stimulus Measures: Will a ‘Big Move’ Follow?Chinese investors have been left wanting more from the latest stimulus measures announced by authorities. Analysts are attempting to explain the reasons behind China’s lack of deeper action to stimulate its economy and how this might affect the Asian giant’s commercial partners. China’s Weak Stimulus Measures Stifle Markets, Analysts Try to Explain the Reasons Behind […]

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

Robert Kiyosaki Predicts ‘Everything Crash’: Bitcoin May Drop to $5,000 Amid Market Collapse

Robert Kiyosaki Predicts ‘Everything Crash’: Bitcoin May Drop to ,000 Amid Market CollapseRich Dad Poor Dad author Robert Kiyosaki predicts a catastrophic stock market crash and the collapse of “The Everything Bubble,” warning that gold, silver, and bitcoin will nosedive, triggering a global depression. He urges investors to brace for financial turmoil, saying only the prepared will emerge wealthier from the ruins. “Take bitcoin for example… it […]

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

Bitcoin price recovery driven by growing US financial concerns 

Bitcoin price recaptures the $62,000 level as investor grow increasingly concerned about the fiscal health of the US

Bitcoin (BTC) has risen 2.4% since retesting the $59,900 support level on Oct. 3, despite facing initial resistance at $62,000. The gains on Oct. 4 were primarily driven by macroeconomic factors, such as US employment data, expectations of economic stimulus in Japan, and growing concerns about the US financial system.

In the US, the economy is booming, but fiscal conditions deteriorated. Interestingly, the US dollar surged to a 50-day high against other major currencies, including the euro, the British pound, and the Japanese yen. 

Historically, the relationship between the US dollar Index (DXY) and Bitcoin has been inversely correlated. However, this latest movement seems to defy that pattern.

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Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

Russia-China Trade Grows Despite Global Challenges, Putin Highlights

Russia-China Trade Grows Despite Global Challenges, Putin HighlightsRussian President Vladimir Putin marked the 75th anniversary of the People’s Republic of China by praising the solid partnership between Russia and China. He emphasized the resilience of their economic relationship and increasing trade despite international challenges. Putin also highlighted the significance of their cooperation in multilateral organizations, showing the strategic alignment between the two […]

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

Russia’s Cybercrime Damage Exceeds $1.25 Billion in 2024, Minister Says

Russia’s Cybercrime Damage Exceeds .25 Billion in 2024, Minister SaysRussian Interior Minister Vladimir Kolokoltsev has revealed that cybercrime damage in Russia has surpassed $1.25 billion so far this year, with both individuals and organizations, including government bodies, as frequent targets. He highlighted that cybercrime now represents 40% of all crimes in the country, rising to 60% in serious cases. Cybercrime Costs Russia Over $1.25 […]

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

JPMorgan CEO Jamie Dimon Cautions Against Market Optimism — ‘Geopolitics Is Getting Worse’

JPMorgan CEO Jamie Dimon Cautions Against Market Optimism — ‘Geopolitics Is Getting Worse’JPMorgan CEO Jamie Dimon has issued a serious warning about escalating geopolitical risks, stating that they pose greater threats to global stability than current economic challenges. His remarks come in light of rising tensions, including attacks on oil tankers and the ongoing Ukraine-Russia war. Dimon cautioned against over-optimism about the U.S. economy, advising a more […]

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst