Potential Trump Victory Could Stir Bitcoin Market, Bernstein Analysts Predict — Implications For These Seven Crypto Stocks Outlined
In the run-up to the upcoming 2024 elections, analysts from research and brokerage firm Bernstein have suggested that Bitcoin (CRYPTO: BTC) traders may not have fully considered the possible victory of former President Donald Trump, an event that could significantly shake up the cryptocurrency market.
Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Cryptos — Asian Wrap 23 July
Ethereum (ETH) is down nearly 1% on Monday as the Securities & Exchange Commission (SEC) confirmed via its website on Tuesday that it has given the final approval for spot ETH ETFs.
Stock Futures Inch Higher, but Biden's Withdrawal Adds to Increasingly Uncertain Outlook for Markets
President Joe Biden has officially dropped out of the race for president, injecting even more uncertainty into the outlook for markets at an increasingly critical juncture.
Bitcoin ETF has seen inflow of funds for four consecutive weeks, and the market is waiting for Trump's speech at the heavyweight cryptos conference this week.
Bitcoin ETF has received inflow of funds for the fourth consecutive week, with a total inflow of more than $3.1 billion in four weeks. Harris has not publicly commented on her views on cryptos, but if her position is similar to Biden's, traders may continue to believe that Trump is more favorable to the industry. Media reports suggest that Trump may propose to list bitcoin as a strategic reserve asset at this week's bitcoin conference.
Iris Energy Options Spot-On: On July 22nd, 54,660 Contracts Were Traded, With 647.58K Open Interest
On July 22nd ET, $Iris Energy(IREN.US)$ had active options trading, with a total trading volume of 54,660 options for the day, of which put options accounted for 22.31% of the total transactions,
Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – American Wrap 22 July
Bitcoin (BTC) is up 1.2% on Monday, as discussions around Donald Trump making Bitcoin a reserve asset if elected president and Elon Musk's recent posts hint at a potential rally for the largest digital asset.
Could Donald Trump and Elon Musk Provide Bitcoin's Bullish Spark?
Bitcoin (BTC) is up 1.2% on Monday, as discussions around Donald Trump making Bitcoin a reserve asset if elected president and Elon Musk's recent posts hint at a potential rally for the largest digital asset.
10 Information Technology Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
BTC/USD Outlook: Bulls Hold Grip but May Pause for Consolidation Before Attack at 70K Barrier
BTCUSD is ranging around Fibo level at 67495 (76.4% of 71929/53142) on Monday, suggesting that strong bullish acceleration in past three days, which hit five-week high, might be losing traction.
Crypto Today: Bitcoin Is Less Than 10% Away From All-time High as Ethereum ETF Approval Anticipation Brews
Bitcoin is inching closer to its all-time high of $73,777, observed on March 14 on Binance.
Cryptocurrencies Price Prediction: Solana, Crypto & Snek – European Wrap 22 July
Solana (SOL) corrects lower at around $180 and halts its rally towards the psychologically important $200 level early on Monday. The Ethereum competitor has noted a consistent increase in the number of active and new addresses in its network throughout July.
Crypto Rests After Another Rise
The cryptocurrency market is near 6-week highs, with capitalisation near $2.44 trillion, adding 0.5% in the last 24 hours. A wait-and-see attitude and some profit-taking replaced active buying in the last three days starting Friday.
What does Biden's withdrawal mean for the global financial markets?
USA current President Joe Biden announced that he will not seek re-election, and supports Vice President Kamala Harris as the Democratic candidate. This news was released at a critical moment less than four months before the November election, which may exacerbate the instability of Wall Street.
Biden's withdrawal leads to bullish sentiment in the cryptocurrency market! Crypto may become the biggest winner of the "Trump trade".
If Trump takes office again, those bitcoin miners and crypto companies that have been blocked from listing in the US may become big winners in the digital asset field.
NASDAQ is experiencing a major correction, where can you hide? The Dow Jones, gold, and US bonds are all falling, but bitcoin remains 'strong'.
Market style has changed due to factors such as improved prospects for Trump's campaign and increased expectations for interest rate cuts.
Iris Energy Options Spot-On: On July 19th, 81,128 Contracts Were Traded, With 641.73K Open Interest
On July 19th ET, $Iris Energy(IREN.US)$ had active options trading, with a total trading volume of 81,128 options for the day, of which put options accounted for 32.78% of the total transactions,
Bitcoin Adds 4% as Mt. Gox Fears Subside, Sending MicroStrategies and Other Crypto Stocks Up
Bitcoin rose more than 4% Friday to its highest level in roughly a month, taking several crypto-miner stocks up as well as markets continued to move beyond the imminent $9 billion Mt. Gox payout.
Cryptocurrencies Price Prediction: Worldcoin, Ethereum & Dogwifhat — Asian Wrap 19 July
The Worldcoin Foundation was the subject of criticism on Wednesday after certain crypto figures spoke against its upcoming token unlock next week.
Cryptocurrencies Price Prediction: Shiba Inu, Ripple & Cryptos – American Wrap 18 July
Shiba Inu (SHIB), one of the largest meme coins in the crypto ecosystem suffered a steep correction early on Thursday, following a hack on an Indian crypto exchange.
BTC/USD : Sell Short-term Idea [Video]
Potential for the further drop on BTC/USD. Reversion to the mean on daily might be in the play...