How will stocks perform when the Fed chair speaks at Jackson Hole? Here’s what history tells us.
Kevin Warsh is due to deliver his first Jackson Hole speech since taking the helm at the Federal Reserve. Here’s what to expect from markets. Source:MarketWatch
Bitcoin eyes $81K as Nvidia earnings beat boosts risk assets
Bitcoin and crypto joined US stock markets in fresh gains after Nvidia Q2 earnings beat expectations by around $4 billion. Source:Cointelegraph
Clearing firm RQD* raises $74 million as Wall Street prepares for tokenized markets
Bain Capital led the investment in the U.S. clearing and custody firm, which plans to expand its digital asset and tokenization infrastructure. Source:CoinDesk
Crypto traders brace for Fed Chair Kevin Warsh’s Jackson Hole speech
One analyst expects Warsh to take a tough line on inflation, but still sees the Fed holding off on rate hikes until at least after the November midterm…
Bitcoin tests its largest supply wall at $80,000, near ETF holders’ average price
Bitcoin is testing its largest supply cluster alongside the key 50week moving average. Source:CoinDesk
Bitcoin faces true demand test above $83K as liquidity thickens: Glassnode
Bitcoin price analysis reveals convergence of multiple trend lines and liquidity structures around spot price, keeping upside in check. Source:Cointelegraph
Nvidia shares surge 8% on earnings beat, lifting technology stocks and bitcoin
Nvidia’s earnings beat and strong outlook lifted technology stocks, bitcoin and AI infrastructure companies. Source:CoinDesk
Bitcoin below $79,000, XRP leads losses as traders start betting on a Fed hike
Every major token except solana and BNB is flat or lower over 24 hours, with bitcoin holding a 14% weekly gain and XRP 28%. Source:CoinDesk
Bitcoin dips below $78K as stocks, gold fall on higher US PCE Inflation data
Bitcoin stayed away from challenging $80,000 after July US PCE inflation data came in slightly higher than anticipated, pressuring gold and risk assets.…
Bernstein forecasts Bitcoin to reclaim $125K by late 2026 ahead of cycle peak
Bernstein expects Bitcoin to reclaim $125,000 by late 2026 before reaching $300,000 in 2029 under its base case, with a bull case of $500,000.…
Supply absorption ‘key question’ as Bitcoin fails to reclaim $80K: Analysis
Bitcoin struggled to establish support at $80,000 as investor cohorts all returned to net profitability. Source:Cointelegraph
Bitcoin takes a breather after adding 23% in 7 days as ETF demand holds steady
The price of bitcoin fell to $79,000 on Wednesday after gaining 23% in seven days as August ETF inflows climbed above $3 billion. Source:CoinDesk