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The rapid recovery of Bitcoin (BTC), below $90,000 since Monday, suggests a bullish outlook. However, one factor casts doubt on the sustainability of these gains, pointing to significant downward volatility if impending U.S. inflation data is hotter than expected on Wednesday. This factor is the supply of major stablecoins, which has stalled, indicating the absence […]

PK Press Club–Bitcoin extended gains Wednesday after a strong rebound in previous sessions amid a bullish outlook for the cryptocurrency, while investors shrugged off concerns about U.S. interest rates ahead of a report on inflation. rose 2.1% to $97,003.4 as of 1:50 a.m. ET (06:50 GMT). The token rose sharply on Tuesday, surpassing the $97,000

Crypto derivatives platform Deribit has received potential acquisition interest, Bloomberg reported on Wednesday, citing sources. The report adds that the company is working with Financial Technology Partners to examine opportunities. Deribit CEO Luuk Strijers told CoinDesk that the options platform has appointed FT Partners as advisor for general advisory services and potential secondaries, in 2023.

PK Press Club – Cardano was trading at $1.0033 as of 1:19 p.m. (18:19 GMT) on the PK Press Club index on Tuesday, up 10.01% on the day. This is the largest one-day percentage increase since January 3. This increase pushed Cardano’s market capitalization up to $34.7957 billion, or 1.04% of the total cryptocurrency market

Crypto prices rebounded after Monday’s wipeout, with bitcoin (BTC) hitting $97,300 on Tuesday as traders watched the latest batch of US inflation data and more to come tomorrow. Crypto’s biggest drop below $90,000 yesterday was quickly overtaken by reports that Donald Trump is preparing day one executive orders to benefit the crypto industry. The advance

PK Press Club – Check out the top three stories from PK Press Club from the past day. JPMorgan: XRP ETF could attract $8 billion According to a recent forecast from JPMorgan, a spot XRP ETF could attract inflows of between $3 billion and $8 billion, based on the performance of ETFs launched last year.

PK Press Club – Renowned macroeconomic analyst and gold advocate Peter Schiff recently shared his views on Japan’s economic policy, while also expressing strong skepticism about the concept of (BTC) as a strategic reserve . Noting that the Bank of Japan’s efforts to raise inflation over the past decade have backfired, Schiff suggested the economy

PK Press Club – As the price of Bitcoin hovers around crucial levels in early 2025, a particular class of BTC holders has been quietly increasing their holdings. In a recent report, on-chain analytics firm Santiment examined the behavior of wallets of different sizes on the network, which overall creates a very neutral signal for

London, London, January 14, 2025, PK Press Club Good Market, built by fintech veterans from M2 Exchange and Freetrade, introduces a new trading platform that combines AI-driven trading with human-centered design. The platform enters closed beta testing with an initial group of over 500 traders, aiming for a significant reduction in emotional trading errors –

To say that spot Bitcoin exchange-traded funds (ETFs) have exceeded expectations in their first year on the market is an understatement at best. Instead, it might be more accurate to say that they shocked the industry to its core. “How big was the first year of Bitcoin ETFs? » Bloomberg Intelligence ETF analyst James Seyffart