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News
[Analysis] Bitcoin May Tumble to $10,000 if Stocks Correct 20%, McGlone Says
15+ hour, 45+ min ago (162+ words) bloomingbit Bitcoin could fall as low as $10,000 if an extreme bear market takes hold, Bloomberg Intelligence said Mike McGlone, Bloomberg Intelligence's senior commodity strategist, wrote on Sept 14 that Bitcoin is a highly volatile and speculative digital asset with a strong…...
Bitcoin Reclaims $77,000
12+ hour, 51+ min ago (12+ words) bloomingbit What do you think about this news?...
Fears Grow Over $209 Billion Korea Bond Deluge as Samsung, SK Hynix Emerge as Potential Buyers
15+ hour, 33+ min ago (302+ words) Issuance of sovereign debt excluding foreign exchange stabilization bonds, including 222.8 trillion won ($161.4 billion) of Treasury bonds and 15.3 trillion won ($11.1 billion) of national housing bonds, is set at 238.1 trillion won ($172.5 billion). That is down 1.7 trillion won ($1.2 billion) from 239.8 trillion won ($173.7 billion)…...
Why the US Treasury Isn’t Buying Bonds Blindly: The Real Purpose of Buybacks
16+ hour, 2+ min ago (1034+ words) The US Treasury recently received offers to sell back $10.489 billion of Treasuries, but purchased only $5.187 billion. It could have bought as much as $6 billion, but did not use the full limit. The amount offered for sale was nearly double the…...
[Deputy Editor's Column] The Promise and Peril of Korea's Night Stock Market Debut
15+ hour, 57+ min ago (360+ words) Korea Exchange has introduced an **after-market (night session)** that allows real-time trading from 4 p.m. to 8 p.m., marking a new turning point for South Korea's stock market. The longer trading session is heightening concern that **liquidity** will be spread more thinly and that…...
Bitcoin Falls Below $77,000
16+ hour, 35+ min ago (18+ words) bloomingbit Bitcoin Falls Below $77,000 What do you think about this news?...
Fed Rate Hike Would Be to Appease Wall Street, Critics Say
17+ hour, 11+ min ago (229+ words) The odds of another Federal Reserve interest-rate increase have risen sharply, drawing criticism that any move this month would be aimed more at appeasing financial markets than responding to inflation. Goldman Sachs revised its forecast and now expects the Fed…...
CryptoQuant Says Bitcoin Must Break $81,700 to Confirm New Bull Market
1+ day, 13+ hour ago (218+ words) Bitcoin has rebounded recently and is trading in a $76,000 to $82,000 range, but it must break above $81,700 to confirm the start of a new bull market, according to CryptoQuant. The Block reported on September 13 that Julio Moreno, CryptoQuant’s head of research,…...
US August CPI Fails to Shake Rate Outlook; Can Bitcoin and Ether Extend Rebound?
1+ day, 14+ hour ago (221+ words) US consumer price data for August failed to materially alter the market's interest-rate outlook, helping Bitcoin (BTC) and Ether (ETH) post modest gains, according to crypto-focused media outlet The Block. The Block reported on September 13 that the US consumer price…...
Coinbase Bitcoin Premium Stays Negative for Seven Straight Days as US Buying Weakens Again
1+ day, 9+ hour ago (144+ words) Buying interest for Bitcoin in the US market has weakened again, with Coinbase's Bitcoin premium index remaining in negative territory for seven straight trading days. Crypto media outlet BlockBeats, citing CoinGlass data on Sept. 13, reported that Coinbase's Bitcoin premium index…...