Despite the fallout from last month's DeepSeek-induced sell-off in US stocks, top CEOs and industry experts believe that DeepSeek's development should be seen as a catalyst for the industry, not a resistance. Click to view...
Vanda Research: Retail investors bought a record $562.18 million of Nvidia stock during Monday's deep sell-off.
With profit-taking and heavy selling holding back the price of Bitcoin, according to analysts, BRN analyst Valentin Fournier emphasized that Bitcoin faces a major hurdle to break through the $100,000, arguing that despite strong market catalysts and growing investor confidence, Bitcoin is still struggling to break through the psychological price barrier of $100,000. The phenomenon of profit-taking is obvious, and the selling barrier of more than 4,000 bitcoins (worth about $384 million) must be ...
Strategists point out that in addition to long-term holders starting to sell, there are more fundamental reasons that are preventing Bitcoin from hitting the 100,000 dollar mark.
The Federal Reserve may pose further downside risks to gold, but the sell-off can be seen as a new turning point! How will the game play between Trump and the Federal Reserve? The pressure on oil prices may continue until...
According to SpotOnChain, a whale address that dumped $467 million worth of BTC in July just withdrew 1,000 BTC (about $574 billion) from Binance about 20 minutes ago. Overall, the whale address has withdrawn 2,000 BTC from Binance in the past 4 days, with an average price of $58,525. The current total holdings are 8,559 BTC (approximately $494 million).
Assets in US money market funds hit a new high after a global sell-off in risky assets last week led investors to cash out, as money flocked further into high-quality assets. About $28.40 billion flowed into US money market funds in the week to August 14, taking total assets to an all-time high of $6.22 trillion, according to the Investment Company Association. Retail investors have flocked to money funds since 2022, when the Federal Reserve began one of its most aggressive tightening cycles in ...
The sell-off in crypto assets is a rare test of an industry creed - that bitcoin is synonymous with "digital gold", so inclusion in an asset portfolio can be a hedge against stock market volatility. Stocks tumbled on Monday, and carry trades squaring positions. Bitcoin behaved more like stocks than gold, plunging 17% at one point to below $50,000 before recovering some of its losses. Data compiled by Bloomberg showed that bitcoin and precious metals became inversely correlated in July.
The asset sell-off that swept the world finally eased, with improved US data and statements from Federal Reserve officials calming markets. The prospect of the Bank of Japan normalizing policy has not been affected, but if a similar situation repeats, it may... > >