The rally follows stimulus announcements that included interest rate cuts, liquidity support for stocks, banking system capital injections, and a promise to support property prices. The enormous stimulus, estimated to be over 7.5 trillion yuan (CNY), has been widely perceived as uber-bullish for bitcoin and other risk assets. Bitcoin, however, remains flat-lined at around $64,000 in the wake of the China stimulus, extending a six-month-long consolidation between $50,000 and $70,000.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows newbie Bitcoin whales have...
XRP is testing a critical long-term demand zone below the $1.90 level as market conditions continue to deteriorate across the...
Tether’s rejected $1.2 billion bid to acquire Juventus will likely trigger a high‑stakes battle for control of the club, fueled...
The crypto market saw a broad correction today, with Bitcoin slipping below $88,000 and altcoins like Audiera and WIF posting...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Gold has reached unprecedented price levels at...
