MicroStrategy stock MSTR hits 3-month high after CEO’s exit
Poor earnings coupled with overvalued fundamental metrics pose long-term bearish risks for MSTR.
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The Fed Is ‘Resolute’ on Hiking Interest Rates, Tightening Monetary Policy to Tame Inflation — Gold and Stocks Sink
Several reports detail that U.S. Federal Reserve officials are resolute on tightening monetary policy and increasing the federal funds rate until inflation in America is alleviated. Chicago Fed president Charles…
Bitcoin price eyes $24K July close as sentiment exits ‘fear’ zone
The relatively good times could continue next month, one prediction says after July manages to reverse the worst of the 2022 crypto downturn.
3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’
BTC price surged above a key resistance cluster, but its market structure and technical analysis suggest the move is just another trap.
Bitcoin rallies after Fed interest rate hike, but bears can still win Friday’s $1.76B options expiry
BTC bears aim for a $360 million profit in July 29’s $1.76 billion monthly options expiry, but the FOMC interest rate decision could play a decisive factor.
Core Scientific to increase ASIC server capacity by 75 MW
The Nasdaq-listed Bitcoin miner expects to generate $50 million in annual revenue once the ASIC servers are fully operational.
Coinbase Reportedly Facing SEC Probe for Listing Unregistered Securities
Coinbase, the U.S.-based cryptocurrency exchange, is reportedly facing a probe from the Securities and Exchange Commission (SEC) over the listing of several crypto assets on its platform. The investigation, according…
Bulls or bears? Both have a fair chance in Friday’s Bitcoin options expiry
BTC bulls aim to secure a $235 million profit from July 22’s BTC options expiry, but a downside move below $22,000 could nix this plan.
Bitcoin ETFs and Open Interest From BTC Futures, Options Follow Crypto Economy’s Spot Market Decline
Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $26.73 billion and over the last eight months, bitcoin futures open interest…
Two Bitcoin price prediction polls, same outcome: $10K BTC is coming
While a classic technical indicator could be hinting at BTC price falling below $13,000 as well.
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