Crypto markets are demonstrating robust resilience to start the week, with bitcoin approaching the $84,000 threshold, for the time being at least shrugging off the immediate hawkish sentiment from last week’s Federal Reserve rate hike, which pushed the benchmark target to 4.00%. The macro calendar… Read More
The Clarity Act needs 60 votes when the Senate returns from its recess next week. Republicans circulated a fresh draft on Thursday ahead of the vote.
Your look at what’s coming in the week starting Aug. 31.
Bitcoin’s annualized 30-day implied volatility index, BVIV, the so-called fear gauge, continues to hover below 40%, well below highs above 60% seen during the early June and early February price sell-offs. The index is influenced by demand for options, or hedging instruments. So, the low… Read More
The crypto market enters the final stretch of the month in a perilous position with bitcoin BTC$59,832.96 still below $60,000 and ether (ETH) less than $1,600. The bitcoin price has now lost more than 50% of its value since October’s record high, with analysts suggesting… Read More
Digital assets are attempting to decouple from a complex macro environment following a dramatic sequence of central bank shifts, headlined by the Bank of Japan’s historic push to 1.0% interest rates and newly appointed Federal Reserve Chair Kevin Warsh’s restructured FOMC policy framework. Traders enter… Read More
