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Bitcoin (BTC) started the new week on a negative note as major investment banks reassessed their expectations for Federal Reserve (Fed) interest rate cuts following Friday’s strong jobs report. The leading cryptocurrency by market capitalization fell below $93,000 during European hours, representing a 1.6% drop on the day, according to data source CoinDesk. Prices looked […]

2025 could be a big year for cryptocurrency exchange-traded funds (ETFs), according to Laser Digital, the digital assets subsidiary of financial giant Nomura. More than twelve crypto ETFs could launch in the US this year if approved by the Securities and Exchange Commission (SEC), Laser Digital said in a report last week. Asset managers have

Pakinomist – Finally, a crucial descending trendline resistance level has been broken, suggesting that a major bullish rally may be about to begin. After weeks of consolidation within a narrowing range, traders have a clear indication that momentum may turn to the upside with this breakout. The recent rise above the $2.30 mark, which saw

The alternative cryptocurrencies (altcoins) market may experience an extra dose of volatility this week as the impending token unlock plan will release billions of dollars worth of supplies for several coins, including Ondo Finance’s ONDO token. Data from Tokenomist shows that the weekly unlock calendar, which includes names like ONDO, ARB, STRK SEI and others,

Pakinomist– Bitcoin edged lower on Monday, falling for a third straight day as stronger-than-expected U.S. payrolls data sparked caution among traders, reinforcing the Federal Reserve’s view of fewer rate cuts in 2025. fell 0.3% to $94,268.7 by 01:12 ET (06125 GMT). Bitcoin prices fell sharply last week after falling six out of the previous seven

Billionaire hedge fund manager Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, plans to divest several assets, including investing in bitcoin (BTC) exchange-traded funds (ETF), to avoid potential conflicts of interest with his new role. according to a report from The New York Times. On Saturday, Bessent, who once worked for billionaire liberal philanthropist

Pakinomist – Veteran trader Peter Brandt recently asked a key question that could shape Bitcoin’s next move. In a tweet, Brandt hinted at a potential shakeout in the market, suggesting that a final “dump,” or extended period of sideways trading, may occur before a major rally. “The big question in my mind is whether Bitcoin

Pakinomist – MicroStrategy, an enterprise software company turned leveraged proxy, has become one of the top corporate Bitcoin holders, with its holdings accounting for 2.1% of the entire Bitcoin supply. On-chain analytics platform IntoTheBlock highlighted this key fact in a recent tweet while noting a trend that has become apparent in recent weeks. IntoTheBlock posted

Pakinomist – Cardano traded at $1.0185 at 20:23 (01:23 GMT) on the Pakinomist index on Sunday, up 10.42% on the day. It was the biggest one-day percentage increase since January 3. The upward move pushed Cardano’s market cap up to $35.6246B, or 1.87% of the total cryptocurrency market cap. At its peak, Cardano’s market capitalization

Halifax, Canada, January 11, 2025, Pakinomist After a successful mainnet launch and several oversubscribed launchpad sales, Koii Network ($KOII) begins trading on Gate.io and MEXC, bringing the world’s largest supercomputer to the global market. The network reports over 100,000 active computing nodes processing approx. 185.1 terabytes of data daily, positioning Koii as a key player