Bitcoin cycle bottom may already be in at $58K, says analyst James Check
Onchain analyst James Check says Bitcoin may have bottomed near $58,000 after two capitulations and warns against anchoring to an October low.…
SBI Group backs payments firm dtcpay in $25 million funding round
Stablecoin payments company dtcpay completed a $25 million Series A funding round with a strategic investment from Japan’s SBI Group. Source:CoinDesk
Corporate treasuries bought just 5,900 bitcoin in 3 months. Other demand signals look weak, too.
Corporate treasuries bought just 5,900 bitcoin in three months, while broader demand signals remain weak. Source:CoinDesk
Ether and XRP ETFs post outflows as bitcoin moves above $77,000
Ether funds shed money for a third straight session even as the token rose, while every major gained and zcash extended its run. Source:CoinDesk
Bank of Japan raises interest rates by 25 basis points. Bitcoin tops $77,000
The yen declined and BTC rose after the BOJ hiked rates to the highest level in 31 years. Source:CoinDesk
The bond market is having a historically bad run. Why investors are buying now anyway.
The 10year Treasury note has logged its worst fiveyear return in more than a century, according to Goldman Sachs. Source:MarketWatch
Wall Street is betting Trump backs down on Iran — but what if the ‘TACO’ trade fails this time?
For six months, investors had a playbook: when Trump threatens Iran, buy the dip, because he always backs down. But in September, the playbook stopped working.…
Tesla’s upcoming product frenzy could leave investors disappointed
Slowerthanexpected robotaxi progress is still a chief concern, according to experts. Source:MarketWatch
Pokémon has turned 30, and Target is set to cash in on the anniversary craze
As people clamored for Pokemon’s 30thanniversary card set, Mizuho analysts noted long lines and soldout items at Target stores. Source:MarketWatch
Saudi Arabia is now pushing to export more oil through the Strait of Hormuz
With its EastWest pipeline shut down, the Straight of Hormuz is the best avenue available and its spigot has recently opened up. Will it last?…
CFTC expands regulatory relief for passive trading software providers
The US regulator’s move could make it easier for crypto wallets and other apps to offer access to regulated derivatives and prediction markets without…
This is the only cybersecurity stock that can post big gains, according to one analyst
Zscaler’s stock has missed out on the cybersecurity sector’s big rally this year — but it could soon get its moment in the spotlight Source:MarketWatch