News list for " Despite"
According to Decrypt, citing the Nansen report, although the controversial LIBRA in the Solana ecosystem has caused investors a total of $251 million in realized losses, there are still 1,001 holders facing floating losses of about $11 million without exiting liquidity.
On February 17, CryptoQuant analyst Darkfost analysis showed that although the bitcoin price fluctuated in the range of 90,000 to 105,000 dollars, the 30-day moving average (30DMA) showed a continuous net outflow phenomenon on the exchange, indicating that the accumulation trend is still continuing. The study pointed out that when the exchange inflow/outflow ratio is below 1, it means that the net outflow of funds exceeds the inflow, which is regarded as a bullish signal by professional investor...
Today's chart from Matrixport shows strong demand for safe-haven assets in spite of manageable inflation, a trend that could support bitcoin despite its recent consolidation. The data shows that the price of gold has broken through $2,912 per ounce, up more than 50% from last year when it broke through $2,000, while the price of bitcoin has remained at the level of $97,438. The analysis pointed out that while the overall inflation rate has rebounded to 2.9%, the Truflation data shows that the ac...
Despite the fallout from last month's DeepSeek-induced sell-off in US stocks, top CEOs and industry experts believe that DeepSeek's development should be seen as a catalyst for the industry, not a resistance. Click to view...
Although the US labor market has slowed down, it is still healthy. The reason why the Federal Reserve is not in a hurry to cut interest rates is once again added... Click to view...
French Prime Minister François Bayrou has said he will force through the 2025 budget, despite the risk of a no-confidence vote.
CryptoQuant CEO Ki Young Ju posted on social media that although he is not a fan of Memecoin, he believes it has potential value. He compared crypto exchanges to channels through which internet capital flows into the psychic energy of society. However, at present, Memecoin has mainly had a negative impact and has led to accusations against industry leaders such as crypto exchanges. He further points out that the current Memecoin phenomenon is similar to the original collective consciousness,...
Deutsche Bank pointed out that despite raising its forecast for the average price of oil to..., the forecast already covers these expectations, so the bias remains bearish, and crude oil can only be completely bullish in this case
While Wall Street is optimistic about Mr. Trump's pro-growth policies, Mr. Dimon's cautious tone is a reminder of the potential for negative surprises amid high valuations for US stocks
In its "Bitcoin Monthly" report, ARK Invest said that while Bitcoin's volatility spiked at the end of the fourth quarter, it was "not significant in historical context". Bitcoin's monthly volatility in December was relatively modest compared to its annual volatility, and the low relative volatility is a sign that Bitcoin has not yet entered the frenetic phase of its cycle, meaning further gains are likely, especially in a bull market. "Indeed, these data points suggest further upside in 2025," t...
BofA said the dollar had risen since the US Federal Reserve's December meeting despite narrowing spreads against most other global currencies, which could be a "red flag" for bulls at a time when sentiment is one-sided. "The dollar remains supported despite the inverse spread," BofA FX strategists Alex Cohen, Adarsh Sinha and Janice Xue wrote in a note on Tuesday. "Congested positions and increasingly consistent FX sentiment expose asymmetric risks."
While miners are still struggling with the revenue constraints associated with bitcoin prices below the $100,000 threshold, the shares of these publicly traded BTC mining companies are rising, suggesting a good start to the new year. Bitcoinminingstock. data shows that 31 publicly traded bitcoin mining companies have a combined market cap of $44.09 billion. Of these, 26 companies have witnessed an appreciation in the value of their shares relative to the U.S. dollar. Among the top 10 companies b...
Zach Pandl, head of research at Grayscale, said the price outlook remained "structurally bullish" despite temporary headwinds in macroeconomic data. On January 10, the US jobs report was positive, as the expected pace of interest rate cuts slowed, the dollar rose, and the BTC spot price fell below $93,000. Pandl said: "Bitcoin appears to be subdued by the strength of the dollar, which is rising due to the tougher policy of the Federal Reserve and the threat of tariffs. Today...
According to GlassNode analysis, although Bitcoin performed well last year and the price rose sharply, the MVRV indicator has not yet reached the level of 3.2, which usually represents the extreme frenzy of the market. If the MVRV value of Bitcoin reaches 3.2, then the price of Bitcoin will reach about $132,000 based on the current realized market cap. MVRV levels: MVRV (Market Value to Realized Value) is a metric that measures the valuation of the Bitcoin market, calculated by MVRV = Market Cap...
Investors sold gold ETFs for the fourth year in a row despite the Federal Reserve's interest rate cut, while bitcoin ETFs were a "huge success", and 2025 could usher in a frenzy of innovation for cryptocurrency ETFs.
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