WorldPingMike McGlone, senior commodity strategist at Bloomberg Intelligence, stressed that high stock prices and upcoming interest rate hikes suggest bitcoin’s price may retrace meaningfully to $10,000, serving as a leading indicator of a risk-asset drawdown.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
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WorldPingBitcoin’s price is sitting between $76,400 to $76,700 per unit on Sunday morning, which sounds pretty uneventful until you look under the hood.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingOver the past week, the crypto community has been hearing about bizarre hacks involving bitcoin-backed tokens, and following the troubles tied to the Liquid Network’s L-BTC and Nomic’s nBTC, Symbiosis’s bitcoin bridge was exploited.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingLDK v0.2.6 addresses small splice-related fund losses and a payment-handling flaw that could prevent saved channel state from loading.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingSunday’s 0.8% decline extends earlier weakness, while AI slowdown calls and the coming Fed meeting pose separate risks.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingBitcoin.com’s new documentary plunges viewers into the moment Cyprus’ banks locked their doors, froze transfers, rationed cash, and placed private savings in jeopardy. Panic engulfed the island while bitcoin surged from about $47 to $265.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingWeaker oil demand offers a counterweight, but the lower supply forecast complicates the case for financing relief.
Brief by WorldPing · Original reporting by CryptoSlate
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