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Crypto News within the week

Crypto Market Dips as U.S. Shutdown Hits Record 36 Days?

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Crypto market dipped again as bearish sentiment continues to dominate investor outlook. The overall market capitalization fell by 1.41% in the past 24 hours, extending a broader 7-day decline of nearly 9%. This downturn coincides with the ongoing U.S. government shutdown, which has now stretched into a record 36 days. Crypto Market Dips Amid Prolonged

The post Crypto Market Dips as U.S. Shutdown Hits Record 36 Days? appeared first on CoinGape.

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December Rate Cut Odds Fall As Fed Officials Remain Cautious Over Rising Inflation

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A December Fed rate cut is looking more uncertain as traders begin to reduce their bets on the FOMC lowering rates by another 25 basis points (bps) next month. Bitcoin and the broader crypto market have continued to trade sideways amid uncertainty about the FOMC’s next move. December Rate Cut Odds Fall To New Low

The post December Rate Cut Odds Fall As Fed Officials Remain Cautious Over Rising Inflation appeared first on CoinGape.

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Michael Saylor Predicts Bitcoin Will Overtake Gold’s Market Cap by 2035

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Michael Saylor says Bitcoin will surpass gold’s market cap by 2035. Saylor said he has “no doubt” that Bitcoin will become a larger asset class than gold within the next decade. Michael Saylor’s “0.99 Year” and Bitcoin’s Scarcity Milestone The Strategy executive chairman shared the projection during a Yahoo Finance interview where he described Bitcoin

The post Michael Saylor Predicts Bitcoin Will Overtake Gold’s Market Cap by 2035 appeared first on CoinGape.

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Taiwan Eyes Plan To Establish Bitcoin Reserve By Year-End With Seized BTC

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Taiwan is moving rapidly toward a potential Bitcoin reserve framework as lawmakers intensify calls for the government to modernize its financial strategy. The country now aims to complete a full assessment of Bitcoin’s role in national reserves. Lawmaker Urges Taiwan To Update Reserves With Bitcoin In addition, it will finalize an inventory of all seized

The post Taiwan Eyes Plan To Establish Bitcoin Reserve By Year-End With Seized BTC appeared first on CoinGape.

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What’s Behind Crypto Market Red Zone?

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The crypto market has seen a 1.5% decline in the last 24 hours, extending a 10.85% drop over the past month. Despite institutional buying pressure, the market faces mixed macroeconomic factors and technical resistance.  The market has been in a sideways trend in the past week as both the bulls and the bears fight each

The post What’s Behind Crypto Market Red Zone? appeared first on CoinGape.

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Breaking: Canary’s Spot XRP ETF (XRPC) Goes Live on Nasdaq

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The United States‘ first spot XRP ETF has joined the growing trend of crypto ETFs listing on Nasdaq, following a regulatory green light today. The launch represents a new step for institutional access to a digital asset which was designed to provide quick and low cost cross-border transactions within existing banking systems. Canary Capital was

The post Breaking: Canary’s Spot XRP ETF (XRPC) Goes Live on Nasdaq appeared first on CoinGape.

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Cardano Price Rare Pattern Points to a 55% Crash as Key DeFi Metric Plunges

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Cardano price has remained in a tight range in the past few days. ADA was trading at $0.5610 today, Nov. 13, down by over 50% from its highest level since August this year. It has now formed a giant inverse cup-and-handle pattern, pointing to more downside as its DeFi network crashes. Cardano Price Has Formed

The post Cardano Price Rare Pattern Points to a 55% Crash as Key DeFi Metric Plunges appeared first on CoinGape.

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Michael Saylor Predicts Bitcoin Will Overtake Gold’s Market Cap by 2035

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Michael Saylor says Bitcoin will surpass gold’s market cap by 2035. Saylor said he has “no doubt” that Bitcoin will become a larger asset class than gold within the next decade. Michael Saylor’s “0.99 Year” and Bitcoin’s Scarcity Milestone The Strategy executive chairman shared the projection during a Yahoo Finance interview where he described Bitcoin

The post Michael Saylor Predicts Bitcoin Will Overtake Gold’s Market Cap by 2035 appeared first on CoinGape.

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Todays Highlights

Bitcoin’s price tumbled once again on Wednesday evening, slipping briefly below $101,000 before it staged a notable recovery on Thursday morning. The most likely reason...
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