Auto Added by WPeMatico

Bitcoin Rebounds Before Fed Bombshell as Traders Brace for 30% Hike Odds

Bitcoin traded near $64,400 on Wednesday morning at 8:30 a.m. EDT, up roughly 1.6% over the previous 24 hours as positioning accelerated ahead of the Federal Reserve’s afternoon rate decision.…

Continue ReadingBitcoin Rebounds Before Fed Bombshell as Traders Brace for 30% Hike Odds

Iran Launches ‘Surprise Attack’ on US Base in Jordan as Oil Jumps Almost 4% Putting Bitcoin’s Rally to the Test

Iran’s Islamic Revolutionary Guard Corps (IRGC) fired ballistic missiles at U.S. forces in Jordan yesterday, U.S. Central Command (CENTCOM) confirmed, sending West Texas Intermediate (WTI) crude up nearly 4% and…

Continue ReadingIran Launches ‘Surprise Attack’ on US Base in Jordan as Oil Jumps Almost 4% Putting Bitcoin’s Rally to the Test

Kospi Falls Below 5,600 in Record Back-to-Back Circuit Breaker as Bitcoin Rises Above $64,000

South Korea’s Kospi index triggered a market-wide circuit breaker for the second consecutive time today, tumbling to an intraday low of 5,532.33 after opening more than 1% higher. Bitcoin (BTC),…

Continue ReadingKospi Falls Below 5,600 in Record Back-to-Back Circuit Breaker as Bitcoin Rises Above $64,000

Strategy Says MSTR Delivered 42% Annualized Return Since Bitcoin Standard, Even as Its Treasury Sits Underwater

Strategy Inc. (Nasdaq: MSTR) says its stock has returned 42% annualized since the company adopted bitcoin as its primary treasury reserve asset in August 2020, outpacing bitcoin itself, the Magnificent…

Continue ReadingStrategy Says MSTR Delivered 42% Annualized Return Since Bitcoin Standard, Even as Its Treasury Sits Underwater

Kevin Warsh’s Fed Decision Looms: Here’s Why TD Securities Says the Dollar Could Still Drop

The Federal Reserve is widely expected to hold its benchmark rate at 3.50% to 3.75% for a fifth straight meeting when Chair Kevin Warsh delivers the Federal Open Market Committee’s…

Continue ReadingKevin Warsh’s Fed Decision Looms: Here’s Why TD Securities Says the Dollar Could Still Drop

Raoul Pal: Bitcoin’s 87% Correlation to Global Liquidity Beats Earnings and Headlines

Real Vision CEO Raoul Pal said bitcoin carries an 87% correlation to global liquidity, arguing the asset tracks the amount of money moving through the financial system rather than corporate…

Continue ReadingRaoul Pal: Bitcoin’s 87% Correlation to Global Liquidity Beats Earnings and Headlines