The crypto exchange said it plans to raise its borrowing cap from $1 million to $5 million.
The current price of Bitcoin is 113930. The BTC oscillation pattern remains unchanged, with the price fluctuating between key support and resistance. Technically, the bullish arrangement of the moving average system and the golden cross form a strong bullish resonance, indicating that market momentum has increased. The daily line quickly rose from 109630 to 113930, forming a large positive line, breaking through the previous oscillation range and showing a strong upward trend. Multiple consecutive positive lines with long lower shadows in the 2-hour period indicate that bullish forces are dominant, but there are signs of selling pressure at high levels. The MACD daily line is in a strong bull market; the 2-hour momentum is still bullish, and the EMA is in a bullish arrangement. Overall, the short-term trend has changed significantly, and following the trend is the main trend.
BTC’s perpetual open interest and funding rates are rising again.
BTC’s perpetual open interest and funding rates are rising again.
This move demonstrates market confidence in BTC’s price outlook during the historically bullish fourth quarter.
Global stocks rose on Monday while the dollar retreated as investors prepared for a possible shutdown of the U.S. government, which could delay publication of the September payrolls report and a raft of other key data due this week.
Gold roared to another high, powered by the dip in the dollar and by investor concerns about the possible ramifications of a U.S. government shutdown.
President Donald Trump will meet with top Democratic and Republican leaders in Congress later on Monday to discuss extending government funding. Without a deal, a shutdown would begin from Wednesday, the same day when new U.S. tariffs go into effect on heavy trucks, patented drugs and other items.
Bitcoin opened the week with a strong rally above $114,000, and these three developments could send BTC price back to its monthly range highs
The choice between Bitcoin and stocks isn’t simple. Here’s how analysts and data reveal how investors can approach it.
The United Nations’ pension fund tried blockchain technology to back up a “digital certificate of existence” that vastly improved its old, paper-based system.
Ethereum co-founder Jeffrey Wilcke seemingly still holds hundreds of millions worth of Ether across multiple wallets.
Ethereum co-founder Jeffrey Wilcke could be looking to sell some of his Ether holdings after sending around 1,500 ETH to crypto exchange Kraken on Thursday.
Wilcke sent 1,500 Ether , worth around $6 million, to the crypto exchange, according to onchain analytics platform Lookonchain. It came as the price of Ether dropped from $4,000 to around $3,900.
Read MoreBitcoin price tumbled toward new lows below $109,000 and while charts suggest the sell-off is far from over, data shows spot buyers accelerating their accumulation.
The U.S. economy grew 3.8% in the second quarter, much higher than previously reported, sending yields higher and risk assets lower.
Join our group for daily expert guidance on stocks and crypto, market insights, and proven strategies Elevate your skills and pursue financial freedom