The yen declined and BTC rose after the BOJ hiked rates to the highest level in 31 years. www.coindesk.com
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Basis
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The widely expected move places the U.S. Federal Reserve’s benchmark fed funds rate range at 3.75%-4.0%. www.coindesk.com
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Renzo Finance, a famous leading liquid restaking protocol that rewards crypto without locking up assets, is pleased to bring advanced onchain products, …
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Markets
Bitcoin Struggles To Reclaim Key Cost Basis As Realized Losses Climb — Details
by shayaanby shayaanSince the past week, the Bitcoin price has traded below the cost basis of one of its most reactive investor groups. Based …
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Markets
Bitcoin Slips Below Key Holder Cost Basis Ahead Of $1.74B Options Expiry
by shayaanby shayaanBitcoin is trading below a key cost threshold that short-term holders paid to acquire it — a sign that many recent buyers …
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On-chain analytics firm Glassnode has highlighted how the latest Bitcoin rejection came inside a zone containing some historically important cost basis levels. …
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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been …
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Markets
Bitcoin Foundation For A Mid-Term Breakout Remains Thin, Cost Basis Data Shows
by shayaanby shayaanOn-chain analytics firm Glassnode has highlighted how Bitcoin has only seen a relatively thin accumulation band form during the recent consolidation range. …
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Bitcoin is attempting to reclaim the $70,000 level after weeks of volatility. Yet repeated failures to hold that threshold with confirmation suggest …
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Regulation
JPMorgan Chase Warns Americans Could Lose Access to Credit on ‘Very Extensive and Broad’ Basis Under Trump’s Proposed Rate Cap
by shayaanby shayaanBanking giant JPMorgan Chase is issuing a warning to Americans, saying that many of them could lose access to credit under Trump’s …