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Four ancient wallets moved 1,971 BTC between Sept. 6 and Sept.
Bitcoin (BTC) traded at $86,423 on Tuesday, up from below $76,000 a week ago. Tom Lee and iTrustCapital's CEO, Kevin Maloney, say the worst is now behind investors.
Large-scale whale wallets accumulated approximately 1.54 billion XRP units within a 96-hour window. The estimated value of purchases by institutional and high-net-worth holders reached $2.2 billion during that timeframe. The asset's price logged an 8.22% increase across three consecutive trading sessions.
Veteran trader Peter Brandt projects Ethereum could eventually reach $8,600 after breaking above $5,000. Brandt has spent five decades trading and previously identified major moves in gold and Bitcoin. The target would represent more than 200% upside from the level discussed in his latest analysis and roughly 75% above Ethereum's 2025 all-time high.
CNBC Business News Update with Jessica Ettinger - Markets & Business News With Expert Analysis From Top Business Names. Visit CNBC.com For More.
The S&P 500 Financial index and the benchmark's bank sector were under pressure on Tuesday as investors worried about competition from artificial intelligence and uncertainty around AI-related initial public offerings, along with moves in the bond market that potentially point to softer conditions ahead.
The exchange operator is adding standard and micro contracts for BCH and UNI, extending a pattern of altcoin rollouts that already covers Cardano, Chainlink, Stellar, Avalanche, and Sui.
State and federal regulators are rushing to fill the void to regulate digital assets after the future of the Clarity Act, a crypto market structure bill, was thrown into question. Just two days after a failed Senate vote, the SEC and CFTC started moving to build as much of the regulatory rulebook for the crypto industry as its existing authority permits.
Corporate buying and spot demand support the recovery, while weak momentum and upcoming market risks keep pressure on Bitcoin.
U.S. stocks ended mixed as buzz about AI products propelled large tech companies to more record highs even as energy inflation fears lingered.
PQLN protects five off-chain surfaces with sub-millisecond cryptography, but its default design drives gossip downloads up 10.2 times.
Copper at all-time highs again; Gold & Silver just above key support; Oil & Natgas pull back [Video]
The Treasury bought $5.2 billion of its own long bonds and could not stop yields rising; a week later the Federal Reserve raised rates and could not stop silver rising, and one rule explains both.
Silver trades the yield, not the deficit
The Bitcoin bulls are back — if ETF flows are to be believed. U.S. bitcoin exchange-traded funds received $999 million in new investment on Monday, according to Farside Investors data. That's the most in one day since October 6, when the funds received over $1.
