WorldPingRobert Kiyosaki says expanded U.S. Treasury debt buybacks amount to quantitative easing and renewed his preference for bitcoin, gold, silver, and selected real estate. Treasury describes the operations as liquidity support for longer-dated markets.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
Read the full report at Bitcoin.com
WorldPingTreasury buybacks are not QE, analysts said, but the move helped pull long-term yields off 19-year highs and triggered a record short squeeze in a market already leaning too bearish.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingStandard Chartered’s Geoffrey Kendrick says record bitcoin short liquidations and renewed ETF demand have increased the market’s upside risk. He now sees a possible year-end run from $79,500 toward bitcoin’s $126,000 record, a 58% climb.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingGrayscale sees three conditions aligning for people asking whether now is a good time to buy bitcoin. The crypto asset manager points to continued adoption, a mature bear market, and a supportive macro outlook, while acknowledging that prices could still fall.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingA mystery whale sold another 2,700 BTC (about $211.8 million) earlier today, pushing its three-day total to 7,700 BTC (roughly $576.6 million). The selling lands just as bitcoin trades within reach of $80,000, capping its strongest weekly rally in years.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingCombined ETF weekly trading volume more than tripled to $29 billion as bitcoin and ether prices rallied, though both categories are negative on the year.
Brief by WorldPing · Original reporting by The Block
WorldPingBitcoin’s current 50-week moving average, which lies near $82,470, has become a closely watched level for traders assessing whether the current bear market has ended.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPing