Cryptory.net - Options market flows and positive interest rates expectations from the Fed could maintain Bitcoin’s bullish momentum and reach the $45,000 threshold by the end of this year.
Cryptory.net - Do Kwon, the founder of Terraform Labs, has received a four-month prison sentence from a Montenegrin court for the act of falsifying documents. This ruling comes as a result of an appeal made by Kwon and his fellow executive, Han Chang-Joon, who were apprehended in March 2022.
Cryptory.net - The cryptocurrency market is currently surging due to both technical and fundamental factors. Technically, the equity market has experienced a strong rally following three months of negative closings. This rally is primarily driven by market participants' anticipation that the Federal Reserve has completed its interest rate hike cycle for the current period.
Cryptory.net - Consumer debt has reached a historical peak, which is expected to have a significant impact on the market in 2024. However, it can be confidently stated that central banks will continue to revise regulations in order to sustain robust economic growth.
Cryptory.net - The recent decline in the price of Bitcoin to $35,000 can be attributed to several factors, including a decrease in U.S. inflation, economic challenges faced by China, and uncertainties surrounding regulations.
Cryptory.net - According to data from Blockchain.com, Bitcoin mining revenue achieved a new annual peak on November 9, amounting to $42,386,514.038. This surpasses the previous high of $41,744,197.067 recorded in May 2023.
Cryptory.net - The investment landscape in France is currently undergoing a noteworthy transformation, as there is a growing inclination towards cryptocurrencies among the younger population.