In a recent report, JPMorgan analysts highlight the rise of tokenized U.S. Treasury bonds, which are increasingly being viewed as a compelling alternative to traditional stablecoins.
Author: Jeff Gibbons
Jeff Gibbons
Jeff Gibbons is a financial author who has been in the industry for more than five years and has in-depth research on cryptocurrencies, blockchain and Web 3.0.
As the global economy grapples with rising debt and central banks seek to lessen their dependency on the U.S. dollar, a notable shift is underway in investment trends.
Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization, experienced sharp price drops on October 24, signaling potential market turbulence.
In October, Bitcoin saw a notable uptick in retail investor activity, reversing a three-month lull between June and late September.
The launch of Ethereum spot ETFs was met with high expectations, especially following the success of Bitcoin ETFs.
In its latest report, Bitfinex Alpha disclosed that Bitcoin faced significant selling pressure in the spot market, leading to a sharp decline from a high of $66,587 at the end of September to a low of $58,943 on October 10, a drop of more than 11%.
On October 12, renowned trader and chart analyst Peter Brandt issued a cautionary note to Bitcoin investors, indicating that current market trends suggest potential downside risks.
Bitcoin remains the top-performing asset of 2024, according to a report from the New York Digital Investment Group (NYDIG) published on October 4.
In the evolving landscape of global finance, Ethereum staking yields are forecasted to surpass U.S. interest rates over the next year, potentially bolstering Ethereum’s valuation and drawing increased interest from investors.
Bitcoin’s sustained performance above $65,000 overnight suggests a growing momentum as it eyes the $66,000 level.
A recent report from Castle Island Ventures, titled Stablecoins: The Emerging Market Story, sheds light on the evolving role of stablecoins in today’s economy.
In a recent analysis, Rekt Capital has drawn parallels between the post-halving periods of Bitcoin in 2020 and 2024, revealing striking similarities.
In a forecast reminiscent of his accurate prediction of Bitcoin’s 2018 crash, veteran chart analyst and founder of Factor Trading, Peter Brandt, has suggested that the Bitcoin-to-gold ratio could surge by more than 400% by 2025.
Bitcoin saw its largest intraday gain in over a month on Tuesday, driven by growing expectations that the Federal Reserve may soon reduce interest rates.
On September 19, the Federal Reserve officially announced a 50 basis point cut in the federal funds rate, lowering it to a range of 4.75%-5.00%.
Bitcoin has reclaimed the key $60,000 price level for the first time since August 30, and growing interest from institutional players suggests that this time is unique, according to a cryptocurrency analyst.
As Bitcoin hovers near crucial price levels, data from Coinglass suggests that a surge above $61,000 could trigger liquidations of short positions on major centralized exchanges (CEXs), with a total estimated impact of $452 million.
CryptoQuant analyst Tarek On-Chain highlighted a notable shift in cryptocurrency exchange trends, suggesting that a potential breakout in Bitcoin prices may be on the horizon.
Chris Burniske, former head of crypto at Ark Invest and now a partner at Placeholder VC, recently remarked on social media that while Bitcoin (BTC) and Ethereum (ETH) remain in a consolidation phase, there are notable signs of strength emerging from the broader long-tail of the cryptocurrency market.
A recent report from Bitcoin infrastructure company River forecasts that approximately 10% of U.S. corporations will convert 1.5% of their cash reserves, totaling an estimated $10.35 billion, into Bitcoin within the next 18 months.