-
If the 4-year cycles are still alive, BTC faces a pullback to $70K
The crypto market continues its impressive decline, losing another 2.4% over the past 24 hours. Having fallen to a low of $3.3 trillion, the market is now at its lowest point since early July. A steady move below the 200-day moving average and a drop of more than 20% from its peak are sure signs of a bear market. Perhaps crypto enthusiasts are confident that this is a temporary decline, similar to the one seen in March and April. However, we would prefer not to rule out the possibility of another bear market starting in the coming years. At a time when many have buried the 4-year cycles, we still see that they have ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From prnewswire.com|Nov 5, 2025|58 commentsPrivate sector employment increased by 42,000 jobs in October and pay was up 4.5 percent year-over-year according to the October ADP National Employment Report® produced by ADP ...
From cnbc.com|Nov 5, 2025Bitcoin ’s fall below $100,000, its lowest level since June, has sparked fears that the worst is yet to come, another so-called crypto winter (a prolonged bear market in ...
From financemagnates.com|Nov 5, 2025Gemini Space Station (NASDAQ: GEMI), the crypto exchange run by billionaire twins Tyler and Cameron Winklevoss, wants to jump into prediction markets, joining a growing crowd of ...
-
- Newer Stories
From cnbc.com|Nov 5, 2025Digital assets and infrastructure company Ripple said Wednesday it has raised $500 million in funding, lifting its valuation to $40 billion. The fundraise comes after a slew of ...
From prnewswire.com|Nov 5, 2025|33 commentsEconomic activity in the services sector returned to expansion in October, say the nation's purchasing and supply executives in the latest ISM® Services PMI® Report. The Services PMI® registered at 52.4 percent and is in expansion territory for the eighth time in 2025. The report was issued today by Steve Miller, CPSM, CSCP, Chair of the Institute for Supply Management® (ISM®) Services Business Survey Committee: "In October, the Services PMI® registered a reading of 52.4 percent, 2.4 percentage points higher than the September figure of 50 percent. The Business Activity Index also returned to expansion territory in October, registering 54.3 percent, 4.4 percentage points higher than the reading of 49.9 percent recorded in September. The New Orders Index remained in expansion in October, with a reading of 56.2 percent, up 5.8 percent from September's figure of 50.4 percent and its highest reading since October 2024 (56.7 percent). The Employment Index contracted for the fifth month in a row with a reading of 48.2 percent, a 1-percentage point improvement from the 47.2 percent recorded in September. US ISM Services Index Oct: 52.4 (est 50.8; prev 50.0) - Prices Paid: 70.0 (est 68.0; prev 69.4) - New Orders: 56.2 (est 51.0; prev 50.4) - Employment: 48.2 (est 47.6; prev 47.2)
ISM: US services sector rises in October Economic activity in the United States' services sector continued to grow in October, the Institute for Supply Management (ISM) revealed in its report published on Wednesday. Compared to the previous month, the Services Purchasing Managers' Index (PMI) went from 50% to 52.4%. The Business Activity Index increased from 49.9% to 54.3%. The Employment Index remained in contraction, but improved slightly, going from 47.2% to 48.2%. The New Orders Index continued to expand from 50.4% to 56.2%. The Supplier Deliveries Index worsened from 52.6% to 50.8% "The rebounds in both the Business Activity and New Orders indexes in October are positive signs, while the continued contraction in the Employment index shows a lack of confidence in the continued strength of the economy," Business Survey Committee Chair Steve Miller commented.
From bnnbloomberg.ca|Nov 5, 2025The federal government says in Tuesday’s budget that it will move ahead to regulate stablecoins, following a move this past summer by the United States to do so. Stablecoins are a ...
