By Jordan Lyanchev Financial markets experienced enhanced turbulence in the middle of August after the US Treasury Department’s Scott Bessent announced a major monetary pivot. Bitcoin and gold were among the most significant beneficiaries, posting substantial gains in the first few days. However, the landscape has since changed, especially for the precious metal. What Happened? […]
Tag: BTC
By Jose Oramas Crypto company BitGo has officially acquired NYDIG’s Bitcoin-focused institutional trading business. The deal was signed and completed on Thursday and reported on Friday, paying $7 million in cash and about $35.5 million in stock at closing, with up to $15 million more in cash tied to two revenue milestones. The purchase brings NYDIG’s […]
By Shayan Markets Bitcoin’s powerful breakout has lost some of its initial momentum after reaching the $80K region. With both spot price action and futures activity showing reduced conviction, BTC appears increasingly likely to enter a choppy consolidation phase before establishing its next major directional move. Bitcoin Price Analysis: The Daily Chart Bitcoin’s daily structure […]