Bitcoin bulls were thwarted once again as prices descended to $86,000, wiping out earlier gains on the back of softer-than-expected U.S. inflation numbers. The CPI data initially sent markets racing, with bitcoin briefly flirting with the $89,000 ceiling before a swift reversal exposed persistent... ... Read full š”š Market Analysis: 21-12-15
DWF Labs, a cryptocurrency-focused market maker, has expanded into physical commodities after settling its first physical gold transaction, a rare move for a crypto-native company as precious metal prices continue to break record highs.On Monday, managing partner Andrei Grachev said DWF Labs had ājuā¦
Peter Schiff, the infamous economist known for his long-standing dismissal of Bitcoin, has predicted that the next four years will be "much worse" for the leading cryptocurrency. Schiff confirms he believes the thesis that "Bitcoin is Digital Gold" has officially failed.Even though Bitcoin at $87,00ā¦
Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, is raising a red flag about a metric that rarely gets as much attention as dollar prices but often tells the story earlier: how much gold oneĀ Bitcoin can actually buy.In his latest notes and charts, McGlone points to the Bitcoin-ā¦
Bitcoin is once again attempting to reclaim the $90,000 level, but price action remains capped below this key psychological threshold. Despite several short-lived relief rallies, momentum has failed to follow through, reinforcing growing concerns that the broader market structure is weakening.As volā¦
Another day, another all-time high for gold and silver. Gold surged to a fresh record near ,421 per ounce, while silver continues to trade close to its historic peak around $69. Meanwhile, Bitcoin, often seen as digital gold, is struggling to reclaim $90,000, with CryptoQuant warning the market may ā¦
Bitcoin versus gold has entered classic bottom territory as a key support retest begins.Key points:Bitcoin drops to 20 ounces of gold for the first time since early 2024.This represents a the border between bull and bear-market territory, analysis says.A three-year Bitcoin uptrend versus gold is noā¦