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Bitcoin wrestles with resistance, struggles to reclaim $65K
Bitcoin wrestles with resistance, struggles to reclaim $65K

Share link:In this post: Bitcoin’s stuck trying to stay above $65,000, bouncing between resistance and support levels, with no strong buying pressure to break through. Market indicators are giving mixed signals, with some hints at a potential reversal, but overall momentum remains bearish. External factors like the stock market crash, Mt. Gox repayments, and macroeconomics are adding to Bitcoin’s struggle.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for a

Cryptopolitan·2024/07/25 22:52
Ethereum and L2 blockchains see 127% rise in daily active addresses
Ethereum and L2 blockchains see 127% rise in daily active addresses

Share link:In this post: Ethereum and Layer 2 blockchains have seen a massive 127% increase in daily active addresses, showing a big jump in user engagement. Despite more transactions and lower fees, Ether’s price dropped by 6% in Q2, but it still did better than Bitcoin. Layer 2 solutions are popular for their speed and lower costs.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We str

Cryptopolitan·2024/07/25 22:52
New Jersey wants to invest city pension fund in crypto ETFs
New Jersey wants to invest city pension fund in crypto ETFs

Share link:In this post: Jersey City plans to invest part of its pension fund in Bitcoin ETFs, following a similar move by Wisconsin’s pension fund. Cities like Los Angeles, Houston, and Nashville are already deep into cryptocurrency, with LA having the most Bitcoin ATMs worldwide. States like Wyoming and Texas are creating friendly environments for crypto businesses, while Miami is embracing the trend with its MiamiCoin.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no

Cryptopolitan·2024/07/25 22:52
Crypto Markets Lost $100B Overnight as BTC, ETH Plunged to Weekly Lows (Market Watch)
Crypto Markets Lost $100B Overnight as BTC, ETH Plunged to Weekly Lows (Market Watch)

ETH is among the poorest performers on a daily scale amid massive ETF outflows.

Cryptopotato·2024/07/25 10:35
Flash
22:22
The probability of a Federal Reserve rate hike within the year has risen to 83.1%
According to CME "Federal Reserve Watch": There is a 44.1% probability that the Federal Reserve will keep rates unchanged by October, a 44.3% probability of raising rates by at least 25 basis points, and an 11.6% probability of cutting rates by 25 basis points. By December, the probability of keeping rates unchanged is 15.5%, the probability of at least a 25 basis point hike is 83.1% (compared to 59.4% the previous day), and the probability of a 25 basis point cut is 1.4%.
22:10
Bitcoin drops below $64,000, Ethereum declines simultaneously
Bitcoin fell to $63,970.2, down 2.72% in the past 24 hours; Ethereum dropped to $1,729.14, down 3.65% in the past 24 hours.
22:04
US stock index futures edge higher, with Nasdaq futures up nearly 0.5%
US stock index futures edged higher, with Nasdaq futures up nearly 0.5%. The United States and Iran signed an electronic memorandum of understanding.
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