Markets

Some of the world’s largest cryptocurrency whales are locked out of around $1.24 billion worth of digital assets, according to new data shared by blockchain intelligence firm Arkham Intelligence on the holdings of the largest whales out there. The largest cryptocurrency whales, according to the data, have a combined total of $3.5 billion in cryptocurrency, […]

Goldman Sachs Chief Economist Jan Hatzius has revealed he remains confident in the Federal Reserve’s plan to implement three interest rate cuts this year, despite recent comments from other Fed officials suggesting a wait-and-see approach. In a Friday interview with CNBC, Hatzius expressed his optimism on the U.S. economy, forecasting growth to reach close to […]

Buying and holding Bitcoin has, for believers in the flagship cryptocurrency, been a profitable strategy this year with BTC moving up over 56% year-to-date. However, a growing number of quantitative hedge funds and academic researchers are proposing a different approach to take better advantage of the cryptocurrency’s swings: trend following. This quantitative strategy, which capitalizes […]

Cryptocurrency investment products saw outflows totaling $942 million over the past week, after seven weeks of inflows that totaled more than $12 billion amid “hesitancy” among investors that came as a result of a recent cryptocurrency market correction. According to CoinShares’ Digital Asset Fund Flows report, trading volumes in exchange-traded products (ETPs) remained high over […]

The price of Bitcoin has recently rallied to add more than $100 billion to its market capitalization after the Federal Reserve decided to maintain interest rates, and Fed Chair Jerome Powell suggested up to three rate cuts could be seen this year. However, even before the Fed’s announcement triggered a BTC price surge, BlackRock, the […]

The world’s largest asset manager BlackRock has recently launched its first Ethereum-based tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which saw the firm fund an Ethereum wallet with $100 million worth of USDC. This initial foray into crypto, however, has taken an unexpected turn. Following the public identification of BlackRock’s wallet address, a […]

Goldman Sachs economists have shifted their timeline for Federal Reserve interest rate cuts, pushing back the expected start date from May to June. This adjustment follows recent pronouncements from central bank officials and the release of January meeting minutes. The investment bank now predicts four rate cuts throughout 2024, dropping their previous forecast of five, […]

The prospect of a smooth transition, or “soft landing” for the U.S. economy seems increasingly unlikely, according to Torsten Sløk, Chief Economist at Apollo Global Management, with his words coming shortly after hotter-than-expected inflation data in the country poured cold water on hopes the Federal Reserve would cut interest rates in March. During an interview, […]

The cryptocurrency market has seen its total market capitalization drop by more than $60 billion shortly after hotter-than-expected inflation data in the United States poured cold water on hopes the Federal Reserve would cut interest rates in March. The core consumer price index (CPI) in the U.S., which leaves out food and energy prices, rose […]

Former U.S. President and current presidential candidate Donald Trump has solidified his position as the preferred candidate of the oil and gas industry for the Republican presidential nomination, amassing nearly ten times more in donations from the sector than his GOP rival Nikki Haley. In stark contrast to the $7.37 million donated to Trump, President […]

Steve Eisman, renowned for his profitable bets against the housing market before the 2008 crisis and his tenure as an investor for Neuberger Berman, recently expressed skepticism about the idea of the Federal Reserve cutting interest rates. In an interview with CNBC, Eisman highlighted the strength of the US economy, emphasizing the robust consumer spending […]

2023 was rough for cryptocurrency prices and the overall state of the market. But it also saw the birth of many narratives and catalysts for many cryptocurrency projects and ecosystems, with some of them seeing explosive, overnight surges in total value locked (TVL) and others growing more organically.  One thing is true: capital, research, and […]

The U.S. Federal Reserve’s preferred inflation gauge slowed to its lowest level in nearly three years last month at a time in which consumer spending has been nevertheless raising concerns that inflation may not be dropping as fast as expected concerning equity markets. As first reported by TheStreet, the Bureau of Economic Analysis reported that […]

A bipartisan group of US lawmakers, including Senators Mitt Romney (Republican of Utah) and Joe Manchin (Democrat of West Virginia), as well as Representatives Bill Huizenga (Republican of Michigan) and Scott Peters (Democrat of California), have raised an alarm about the escalating national debt of the United States, deeming it the “greatest threat” the country […]

On cryptocurrency prediction and betting platform Polymarket, users ar betting on former U.S. President Donald Trump winning the 2024 Presidential elections in the country, currently giving Trump a 55% change to do so, over current President Joe Biden’s 39%. According to data from the cryptocurrency prediction platform, bets exceeding $19 million have been placed on […]

Written by: Itai Avneri is the Deputy CEO & COO at INX. He is a seasoned executive with over 20 years of experience in both finance and technology. As the Deputy CEO & COO at INX, he is responsible for heading INX’s unique offering as the only exchange that offers cryptocurrency, security tokens, and primary […]

Former U.S. President and current presidential candidate Donald Trump is set to expand his non-fungible token (NFT) offerings to the Bitcoin network through the Ordinals protocol, expanding the reach of hits NFTs. According to the CollecTTrumpCards account on the microblogging platform X (formerly known as Twitter), the new collection is limited to just 200 NFTs […]

Former U.S. President and current presidential candidate Donald Trump has last week said he wouldn’t allow the Federal Reserve to create a central bank digital currency (CBDC), in a stance that reonates with the cryptocurrency industry, and drew skepticism on whether his potential return to the presidency would change the government’s approach to enforcement actions. […]

Dan Gambardello, the founder of Crypto Capital Venture, has recently revealed he is optimistic about a potential surge in altcoins in the near future, basing his positive outlook on a favorable outcome for Coinbase in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Last summer, the SEC took legal action against […]

Hedge fund billionaire Bill Ackman, the head of Pershing Square Capital Management, has recently revealed he expects the Federal Reserve to start cutting interest rates at a greater-than-expected rate this year, with the first cut coming sooner than the market is anticipating. Ackman highlighted this during a CNBC “Squawk Box” interview, noting the significant cooling […]

Cryptocurrency investment products saw inflows of $1.18 billion last week, with the figure mostly being dominated by products focused on Bitcoin, with those offering exposure to Ethereum, XRP, and multiple cryptocurrencies also shining. According to CoinShares’ Digital Asset Fund Flows report, Bitcoin-focused investment products saw $1.14 billion of inflows over the past week after the […]

Cryptocurrency investment products offering investors exposure to the smart contract platform Cardano ($ADA) saw significant inflows of $3.7 million over the past week, but failed to keep up with the inflows seen for BTC, ETH, and multi-asset investment products. According to CoinShares’ latest Digital Asset Fund Flows report, cryptocurrency investment products saw $151 million of […]

Last month, spot cryptocurrency trading volumes on centralized trading platforms rose for the third consecutive month to reach their highest level since June 2022, topping $1.34 trillion after a 34% rise. That’s according to CCData’s latest Exchange Review report, which details that centralized exchanges, as a result of the significant trading volume rise, recorded a […]

The World Bank’s new forecast for global economic growth predicts a deceleration for a third consecutive year in 2024, but it optimistically rules out a recession as it sees the global growth rate dipping to 2.4% from an estimated 2.6% last year. As first reported by Yahoo Finance, the World Bank’s latest Global Economic Prospects […]

In a surprising turn the U.S. economy has outperformed expectations by adding 216,000 jobs in December 2023, surpassing economists’ predictions of 170,000 and exceeding the revised figure of 173,000 from November, with the data supporting the market’s anticipation of interest rate cuts. According to data from the Bureau of Labor Statistics, the unemployment rate in […]

The price of the flagship cryptocurrency Bitcoin (BTC) has moved up more than 23% over the past month and over 160% year-to-date in sharp moves that helped cryptocurrency-related stocks recover amid renewed optimism. As cryptocurrency-related stock prices grew, short sellers lost over $2.6 billion in less than three months and a total of at least […]

A cryptocurrency whale has managed to make an impressive return of over 3,475,700% to bring their wallet to the $1.6 billion mark in just one year by finding altcoins with a small market capitalization that were set to grow. According to popular on-chain researcher 0xReflection, a cryptocurrency whale with a wallet address starting with 0xf3b, […]

At the 2023 New York Times DealBook Summit in New York, JPMorgan Chase CEO Jamie Dimon delivered a sobering message to Wall Street and the world and warned investors there’s potential for further inflation, while not ruling out the possibility of a recession. According to Dimon, numerous factors contribute to a dangerous and inflationary environment, […]

As the total market capitalization of the cryptocurrency space keeps on growing and potentially moves to as much as $10 trillion, Bloomberg Intelligence analyst Jamie Coutts has suggested that some funds employing specific trading strategies could see their assets under management explode upward. In a series of posts Coutts told his followers on the microblogging […]

On 10 November 2023, David Duong, Head of Institutional Research at Coinbase, shared a LinkedIn post summarizing the key points from the latest weekly crypto market commentary, a collaborative effort between him and David Han, Institutional Research Analyst at Coinbase. The post delves into several pivotal areas of the current cryptocurrency market, including the potential […]

Meltem Demirors, who is the CSO at European crypto investment firm CoinShares, opened her recent interview with CNBC by describing the ongoing crypto market rally as “the season of the most hated rally.” This characterization reflects the skepticism and mixed sentiments among traditional market commentators despite its upward trend since many people expected Bitcoin and […]

Markus Thielen, the head of research and strategy at crypto financial services firm Matrixport, reportedly conveyed to clients recently that Bitcoin’s performance this year could be a reliable indicator of its year-end position. According to a report by Omkar Godbole for CoinDesk, citing historical data, Thielen highlighted that when Bitcoin records a surge of at […]

A popular cryptocurrency investor and the founder of Placeholder Capital, Chris Burniske, well-known for nailing the Solana ($SOL) price rally, has suggested the cryptocurrency market could experience a price boom similar to the one seen in 2019. According to a post Burniske shared on the microblogging platform X (formerly known as Twitter) with their over […]

DWS Group, a $900 billion German asset manager, is reportedly looking to launch cryptocurrency exchange-traded funds for retail investors after a partnership between DWS and Galaxy Digital, a cryptocurrency fund management company, was announced in April this year to launch these funds on the European market. According to Bloomberg, Bjoern Jesch, DWS’s global chief investment […]

The U.S. economy showed strong growth in the third quarter of 2023, according to official data released on Thursday. The main drivers of the expansion were consumer spending and a robust job market, which reduced the chances of a recession in 2024. The data from the Commerce Department showed that GDP grew at an annual […]

A growing number of Thai investors are reportedly turning to unconventional methods like astrology and tarot cards to predict crypto market movements. The report from Cointelegraph highlights this emerging trend, offering insights into the motivations and beliefs of these traders. Astrology is the study of the movements and relative positions of celestial bodies (such as […]

The host of CNBC’s “Mad Money” and well-known market analyst Jim Cramer has recently suggested that investors may want to hold out on buying assets until interest rates rise again, believing an ensuing sell-off will lower prices. Per his words, it may now be a better bet to “wait for the next move up in […]

Last week, Mohamed El-Erian, Allianz Chief Economic Advisor and President of Queens’ College, Cambridge, appeared on CNBC’s ‘Squawk Box’ to discuss a range of topics, including market trends, surging Treasury yields, and the Federal Reserve’s approach to inflation. Mohamed El-Erian is an influential Egyptian-American economist and financial commentator known for his expertise in macroeconomic analysis, […]

In a conversation in New York last week with Carly Reilly, host of the “Overpriced JPEGs” podcast, Raoul Pal, a macroeconomic expert and former Goldman Sachs executive, stated that retail investors have a unique opportunity to acquire crypto assets ahead of institutional investors. Pal emphasized that this is the first time retail traders have the […]

In a recent analysis, economists from Bloomberg shed light on the potential global economic repercussions of the ongoing conflict between Israel and Hamas and its potential to trigger a global recession, especially if it escalates. The insight, offered by three seasoned economists, including Ziad Daoud, the chief emerging markets economist, and also Bloomberg’s global economist, […]

Data from cryptocurrency-focused channels on the Google-owned microblogging platform YouTube can, according to crypto research firm Delphi Digital, be used to time the cryptocurrency market, with an increased user base for popular channels historically marking major Bitcoin ($BTC) price tops. According to Delphi Digital, as CoinDesk reported, the user based of these popular cryptocurrency-focused YouTube […]

According to Morgan Stanley (NYSE: MS), cryptocurrencies have shifted from being media darlings for their meteoric rise in value to becoming subjects of scrutiny due to instances of financial loss, exchange failures, and fraudulent schemes. As investors tread through this volatile terrain, insights from previous cryptocurrency trading cycles could serve as crucial navigation tools. In […]

After an initial surge at the beginning of the year, most digital assets have lost momentum, with Bitcoin ($BTC) being down 3.5% over the past month and over 62% year-to-date. Similarly, altcoins such as $XRP are up in the year but down significantly over the last few weeks. As the U.S. faces a “debt death […]

Onyx is JPMorgan’s permissioned blockchain system that leverages smart contracts to facilitate transaction orders on its network. It was launched in 2020 after the bank’s JPM Coin, and has since then served as an optimal permissioned blockchain banks and financial institutions use to move money, assets, and share information efficiently.  Onyx is a whole ecosystem, […]

Billionaire value investor Charlie Munger, Berkshire Hathaway’s Vice chairman, has reiterated his stringent disapproval of cryptocurrencies in a recent conversation and noted he believes that most investments in cryptocurrencies “are going to zero.” During an appearance at Zoom’s Zoomtopia conference, the billionaire value investor said that Bitcoin “was the stupidest investment” he has even seen, […]

In a recent roundtable, cryptocurrency experts converged to dissect the intersection of Environmental, Social, and Governance (ESG) factors and digital assets. During the discussion, MarketVector’s Indexes’ COO Thomas Kettner noted that ESG scores make cryptocurrency more competitive as an asset class. The panel included Lena Klaaßen, Co-Founder of CCRI (Cryptocurrency Rating Institute), Nick Jones, CEO […]

Global financial markets could face unprecedented turbulence if the Federal Reserve pushes its benchmark interest rate to 7% in the face of stagflation, cautioned Jamie Dimon, the CEO of JPMorgan Chase & Co. During a recent conversation while in Mumbai for a JPMorgan investor summit, Dimon referred famous investor Warren Buffet, often referred to as […]

In an information that has been called the “biggest in Xbox history,” tech behemoth Microsoft has inadvertently revealed plans to integrate a cryptocurrency wallet onto its popular Xbox gaming console. The leak through several documents being posted on the Resetera gaming forum, and the documents were unredacted in the Federal Trade Commission’s (FTC) case against […]

The digital asset arm of British traditional finance giant Standard Chartered, Zodia Custody, has unveiled a new offering allow cryptocurrency investors to generate income from their holdings via staking. The financial giant’s subsidiary, which is in the cryptocurrency custody business, revealed it struck a deal with Singapore’s blockchain tech giant OpenEden, which paves the way […]

Global debt surged to a staggering $307 trillion in the second quarter of 2023, marking an increase of $10 trillion within the year’s first six months, despite mounting interest rates which have put a damper on bank credit, as reported by the Institute of International Finance (IIF). The IFF, a financial consortium representing the largest […]

China’s real estate conundrum has heightened global economic anxieties, with recent surveys indicating its position as a top credit risk to the global economy.  Evergrande’s 2021 turmoil, though anticipated, paved the way for newer concerns – Country Garden’s surprising stumble. According to a recent survey from Bank of America, the ratio of respondents worried about […]

In a recent in-depth interview Peter Schiff, a well-known economist and gold advocate, painted a bleak picture for the U.S. dollar and the broader economy, tracing current inflationary pressures back to the 2008 financial meltdown. During an interview on First TV, as first reported by Bitcoin.com, Schiff argued that policies adopted post the crisis, specifically […]

Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, has recently offered his perspective on the current state of financial markets, saying crypto is the “future” and calling fiat currency “fake money.” “Rich Dad Poor Dad, “which is one of the top 10 personal finance books of […]

Collapsed cryptocurrency exchange FTX has over the week received approval from the  U.S. Bankruptcy Court for the District of Delaware to sell and  invest its cryptocurrency holdings, valued at over $3 billion, to settle its debt with creditors, leading some analysts to believe the funds will be dumped on the market. Judge John Dorsey gave […]

In a recent in-depth interview Peter Schiff, a well-known economist and gold advocate, revealed mounting concerns regarding the stability of the U.S. dollar, saying there’s “going to be a massive crisis,” that will send “the economy into a tailspin.” The interview, with David Rodriguez, saw Schiff address the growing debt of the U.S. government and […]

The cryptocurrency market may be facing an impending tremor, as an analytics firm has recently suggested that a potential 3 billion sell-off is looming, rooted in the potential liquidations of FTX’s massive cryptocurrency stack to repay creditors. A recent court filing has recently revealed that the estate of the once-giant cryptocurrency exchange, which filed for […]

In a recent interview with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, Michael Lee, who is the founder of Michael Lee Strategy, said that he believes the gold price will reach $5,000 an ounce within three years. He attributed this to the fact that the U.S. economy is already in recession and that […]

Carley Garner, co-founder of brokerage firm DeCarley Trading, has recently said that gold has been holding critical support levels and is now in a position to move into new all-time highs, at a time in which the U.S. dollar is losing momentum. According to Kitco News, Garner predicted that the U.S. dollar index (DXY), which […]

Former Goldman Sachs executive Raoul Pal has recently revealed he believes the cryptocurrency space could expand to manage an eye-popping $1 quadrillion in value, given the right circumstances. In a recent interview on Crypto Banter, Pal highlighted the potential ramifications of BlackRock’s recent push for a spot Bitcoin exchange-traded fund (ETF), which was followed by […]

The total market capitalization of the stablecoin sector in the cryptocurrency space has endured its 17th consecutive monthly decline in August, falling by 1.28% to $124 billion, the lowest level since August 2021. According to CCData’s latest Stablecoins & CBDCs report, both BUSD and TUSD stood out in experiencing significant declines of 9.35% and 9.15% […]