Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
Amid a positive start to the week for major cryptos that saw the Bitcoin (BTC) price increase by 1.5%, top crypto gainers today in the DEX markets are posting big gains.
A judge just approved FTX’s bankruptcy plan to see $16 billion in cash returned to creditors.
Some analysts think a big portion of this will return to the cryptocurrency markets.
As long as Israel/Iran tensions don’t spoil the party, “uptober” might be around the corner.
Recent macro data, like last week’s jobs report, suggest that the US economy is holding up well. However, the Fed is still expected to cut interest rates multiple times in the coming quarters to ensure that monetary policy isn’t overly restrictive.
The combination of a still robust economy and falling interest rates is potentially a “goldilocks” combination for cryptos.
Add in the upcoming election, which US President Donald Trump appears to be the favorite for, per Polymarket betting markets, and the delayed tailwinds from the BTC halving, and thinks are potentially looking very good for Q4.
Trump's lead is up to 8.6% in the odds today.
He's nearing his biggest lead since Kamala Harris entered the race. pic.twitter.com/PpJtjyxnZ0
Bitcoin could well still hit $100,000 this year.
Anticipation of a strong end to the year has meme coin markets pumping.
It's a memecoin season. I feel bullish on memes. pic.twitter.com/1qPYufnPOs
According to CoinMarketCap, of the top 100 cryptos by market cap, most of the top crypto gainers today are meme coins.
Neiro on Ethereum (NEIRO) has increased by nearly 40% in 24
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