-
Bitcoin Rallying on Monday
Bitcoin prices are rallying hard on Monday, extending gains from Friday with the futures market now up 10% off last week’s lows. The leading crypto coin has had a slow start to October, typically seen as one of the best performing months, but now looks to be gathering momentum for an upside break. Industry data from CoinGlass shows that over $100 million in shorts have been liquidated in recent days as BTC turned higher. This short squeeze should keep prices propped up near-term as further shorts exit the market. Looking ahead this week, expectations of a fresh rate cut from the ECB should feed into bullish ... (full story)
- Comments
- Subscribe
-
- Older Stories
From @DeItaone|Oct 14, 2024post: FED'S KASHKARI: NEUTRAL RATE IS LIKELY HIGHER NOW THAN WHERE IT WAS PRE-PANDEMIC
From npr.org|Oct 14, 2024Vice President Kamala Harris is pledging Monday to legalize recreational marijuana, protect cryptocurrency assets and give 1 million loans to Black entrepreneurs, as part of her ...
From @DeItaone|Oct 14, 2024post: FED'S KASHKARI: ECONOMY IN FINAL STAGES OF GETTING INFLATION BACK TO 2% post: FED'S KASHKARI: MONETARY POLICY STILL IN RESTRICTIVE STANCE || FED'S KASHKARI: IT'S UNCLEAR HOW RESTRICTIVE MONETARY POLICY IS post: KASHKARI: FURTHER 'MODEST' RATE CUTS APPEAR APPROPRIATE post: FED'S KASHKARI: FUTURE PATH OF MONETARY POLICY TO BE DRIVEN BY DATA, ECONOMY'S PERFORMANCE
-
- Newer Stories
From bnnbloomberg.ca|Oct 14, 2024Bitcoin climbed to the highest level in two weeks as a mixed reaction to China’s latest stimulus efforts emboldened wagers that speculators will chase after cryptocurrencies ...
From bnnbloomberg.ca|Oct 14, 2024Tether Holdings Ltd is exploring lending to commodities trading companies as it looks at ways to deploy its billions of dollars in profits, a move that could shake up an industry ...
From financemagnates.com|Oct 14, 2024The battle between US regulators and crypto companies has intensified, with nearly $32 billion collected in settlements since 2019, according to a report by CoinGecko. The most ...
- Story Stats
- Posted: Oct 14, 2024 10:50am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 178
