Latest news with #Fear&GreedIndex
New Indian Express
11-07-2025
- Business
- New Indian Express
Bitcoin crosses new all-time high; to touch $1,20,000
BENGALURU: With increasing institutional participation and pro-crypto stance by US President Donald Trump's administration, Bitcoin has touched an all-time high of over $1,18,000 on Friday, and is nearing the $120k mark. Experts are of the view that with Ethereum's rise of over 5%, both these assets are fuelling optimism among users. On Friday evening, Bitcoin was trading at over $1,17,500. Edul Patel, Co-founder and CEO of Mudrex said BTC marked a 101% yearly gain, outperforming most asset classes. The Fear & Greed Index now signals 'greed,' reflecting strong investor sentiment and sustained buying interest. Additionally, institutional participation remains a key driver, with $1.52 billion flowing into crypto funds over the last five trading days. Major altcoins like Ethereum and Solana also rallied up to 10%, supporting the broader market uptrend. If the current trend holds, Bitcoin could target $120,000, with immediate support seen at $111,500. Record US equity performance, a sharp rise in money supply, and expansive fiscal policy, particularly the 'One Big Beautiful Bill Act,' are key drivers of this surge, said Ryan Lee, Chief Analyst at Bitget Research. "The Congressional Budget Office projects this legislation will add $3.3 trillion to the US deficit over the next decade, amplifying expectations of continued monetary expansion. Ethereum is also gaining strength, supported by sustained whale accumulation and renewed optimism under a crypto-friendly US administration. ETH could test $3,000 by the end of July, though market volatility remains a factor," he added.
Time of India
02-07-2025
- Business
- Time of India
Bitcoin price forecast: Could BTC hit $200K in 2025?
Bitcoin's price is projected to fluctuate significantly between 2025 and 2030, influenced by institutional interest and macroeconomic factors. Forecasts suggest an average price of $125,027 in 2025, potentially reaching $266,129 by 2030, driven by mainstream adoption. Regulatory uncertainty, energy consumption, and competition from other digital assets could, however, slow its growth. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Bitcoin, the first and most valuable cryptocurrency, is projected to experience significant price fluctuations between 2025 and 2030, influenced by institutional interest, ETF inflows, market consolidation, and macroeconomic factors, according to aggregated forecasts from Wallet Investor, CoinCodex, Changelly, and CoinPedia, analyzed by 2025, the average price is expected to be around $125,027, potentially reaching $266,129 by 2030, driven by mainstream financial integration and adoption in emerging markets, although regulatory uncertainty, energy consumption concerns, and competition from other digital assets could slow its growth. The analysis incorporates expert estimates, market trends, technical indicators, and macroeconomic factors to provide data-driven launched in 2009, Bitcoin has grown into a global store of value, often compared to digital gold. Its primary use case revolves around being a hedge against inflation, a decentralized means of exchange and a borderless payment system. Recent advancements like the Lightning Network and rising institutional adoption from entities like BlackRock and Fidelity further solidify Bitcoin's role in the evolving financial ecosystem, Benzinga said in the to the report, if interest rates stabilize or decline, investor appetite for risk-on assets like BTC could rebound. As per the report, the Fear & Greed Index shows extreme fear, which historically has preceded price rebounds, further supporting a potential breakout in 2026, Bitcoin may experience consolidation after the 2025 highs. The average forecast of $111,187 suggests a potential correction or stabilization phase, Benzinga range reflects expectations of reduced post-halving momentum and broader market integration into traditional financial platforms and rising adoption in developing markets as a hedge against inflation could support price interest is also expected to remain strong, especially as Bitcoin solidifies its image as an inflation-resistant asset .If regulatory clarity improves in the U.S. and Europe, it could unlock more capital from pensions and sovereign wealth lingering macroeconomic risks such as rate hikes or recession fears may cap the year's upside ahead to 2030, the long-term outlook for Bitcoin is highly optimistic, with an average price target exceeding $266,000. The bullish case reflects a scenario where Bitcoin becomes a cornerstone asset in global drivers include mainstream financial integration, widespread adoption in emerging markets and Bitcoin's role as a deflationary this stage, many analysts believe Bitcoin could reach its full potential as a digital reserve central banks or multinational corporations begin holding BTC on their balance sheets, the resulting supply crunch could catalyze a massive price risks remain, especially if competing technologies or adverse regulations emerge to challenge its appeal lies in its decentralized nature, fixed supply and first-mover advantage. It has outlasted countless challengers and continues to serve as the primary on-ramp for institutional crypto inflationary concerns persist globally, Bitcoin is increasingly viewed as a hedge against fiat currency SEC 's approval of spot Bitcoin ETFs marks a significant turning point, offering traditional investors safer access to BTC exposure through regulated technological ecosystem continues to evolve. The Lightning Network enables fast and cheap transactions, potentially broadening BTC's use case for micropayments and moves by major financial institutions, such as Mastercard and Visa exploring BTC integration, further validate its long-term despite its strong fundamentals, Bitcoin faces several headwinds. Regulatory uncertainty remains among the most significant threats, especially in the United States.A crackdown on centralized exchanges or unfavorable tax treatment could limit access and suppress Bitcoin's energy consumption continues to attract criticism, potentially leading to political resistance or environmental taxation in certain risk is competition. While Bitcoin dominates the market today, evolving Layer-1 blockchains and digital assets with smart contract functionality, like Ethereum and Solana, offer more utility and could capture capital that might otherwise flow into Bitcoin's historical volatility remains a barrier to mainstream adoption, especially among conservative investors who may opt for stablecoins or tokenized assets instead.
See - Sada Elbalad
20-06-2025
- Business
- See - Sada Elbalad
FedEx Suspends Shipments to Israel amid Rising Regional Tensions
Taarek Refaat FedEx, the global logistics giant, has temporarily suspended shipments to Israel and Iraq due to escalating tensions in the Middle East. The company announced the decision on its official website on Friday, citing security concerns as the region grapples with growing instability between Israel and Iran. FedEx, listed on the New York Stock Exchange under the symbol "FDX.N," confirmed that it has also halted some of its flights to destinations in the region. The company emphasized that the safety of its employees, customers, and the communities it serves remains its top priority. "As we closely monitor developments in the region, we are adjusting our operations based on safety requirements and the evolving situation on the ground," a FedEx spokesperson stated. This decision by FedEx follows a similar move by Danish shipping giant Maersk, which announced the temporary suspension of its maritime services to the Israeli port of Haifa due to security concerns related to the ongoing conflict between Israel and Iran. The ripple effects of these moves are expected to impact global supply chains, with disruptions to shipments and trade flows. The Middle East, a crucial hub for trade and logistics, has already seen a slowdown in economic activity due to the political instability, and further suspensions could exacerbate the situation. As tensions continue to rise, companies in the logistics and shipping sectors are likely to remain cautious in their operations. The ongoing situation highlights how geopolitical conflicts can quickly extend beyond national borders, influencing international commerce and the movement of goods. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean News 3 Killed in Shooting Attack in Thailand
Economic Times
18-06-2025
- Business
- Economic Times
Cryptocurrency Live News & Updates : Bitcoin Drops Amid Trump's Iran Comments
In recent developments, Bitcoin experienced a notable decline following comments from former President Donald Trump regarding Iran's supreme leader, which heightened geopolitical tensions. The cryptocurrency fell sharply before recovering slightly, reflecting a broader weakening of crypto sentiment as indicated by the Fear & Greed Index. Meanwhile, Gemini has taken a stand against the CFTC, alleging misconduct in a prolonged legal battle stemming from a 2022 lawsuit. The exchange claims the CFTC's actions were driven by personal ambition rather than public interest. In the derivatives market, Binance Futures is set to launch new perpetual contracts, MYXUSDT and FUSDT, with significant leverage options, catering to rising interest in decentralized finance. Additionally, Bitcoin traders are closely monitoring the Federal Reserve's upcoming dot plot, which could influence market dynamics, especially if the Fed signals fewer rate cuts than expected. Lastly, Ark Invest has sold a substantial amount of Circle shares following the Senate's approval of the GENIUS Act, which aims to regulate stablecoin issuers, indicating a strategic shift in their investment approach. Bitcoin's price fell from $104,310 to $103,553 after Trump labeled Iran's supreme leader an 'easy target,' raising geopolitical tensions. The Fear & Greed Index also dipped to neutral, with analysts warning of a potential drop below $100,000. Bitcoin Drops Amid Trump's Iran Comments Bitcoin's price fell from $104,310 to $103,553 after Trump labeled Iran's supreme leader an 'easy target,' raising geopolitical tensions. The Fear & Greed Index also dipped to neutral, with analysts warning of a potential drop below $100,000. Gemini Accuses CFTC of Misconduct in Probe Gemini has lodged a complaint against the CFTC, claiming the agency's seven-year investigation is unfounded and driven by personal ambition rather than public interest. Binance Futures Introduces MYXUSDT and FUSDT Contracts Binance Futures will launch MYXUSDT and FUSDT perpetual contracts on June 18, offering up to 50x leverage and settling in USDT. Bitcoin Traders Focus on Fed's Dot Plot Insights Traders are anticipating the Federal Reserve's dot plot for future market direction, despite expectations of steady interest rates at 4.25%–4.50%. A hawkish outlook could pressure Bitcoin prices, while a dovish surprise may reignite momentum. Ark Invest Divests $45M in Circle Shares Post-GENIUS Act Ark Invest sold 300,108 shares of Circle Internet Group for $44.7 million following the Senate's approval of the GENIUS Act, which regulates stablecoin issuers. Feniix Energy Acquires $75 Million Assets via Blockchain Feniix Energy has successfully acquired $75 million in oil and gas assets through blockchain tokenization, utilizing Global Settlement's GSX protocol for instant settlement and transparency. Binance Halts IoTeX Transactions for Upgrade Binance will temporarily suspend IoTeX (IOTX) network deposits and withdrawals starting June 19, 2025, to implement a network upgrade and hard fork aimed at improving user experience. SHIB Long Positions Liquidated Amid Bearish Sentiment The SHIB long/short ratio has fallen to 0.9298, indicating a bearish trend, with over $1.8 million in long positions liquidated since June 12. Despite a 10% price drop this week, SHIB holds key support at $0.00001100, with signs of a potential bullish reversal. Vanadi Coffee Boosts Bitcoin Holdings by 20 Coins Spanish coffee chain Vanadi Coffee has increased its Bitcoin reserves by 20 coins, bringing its total to 30 Bitcoins. JustLend DAO's TVL Exceeds $6.19 Billion JustLend DAO, a prominent DeFi platform in the TRON ecosystem, has surpassed a total value locked (TVL) of $6.19 billion, with over $123 million in funding and a user base exceeding 471,000. Accumulator Strategy Beats DCA for Bitcoin Investment Research by OrBit Markets reveals that the accumulator strategy has outperformed dollar-cost averaging (DCA) for Bitcoin over the past 2.5 years, offering lower acquisition costs, particularly for corporate and long-term investors. DeFi Lenders Approach $60B in Assets Amid Growth A report reveals that the total value locked in DeFi lending protocols is nearing $60 billion, driven by institutional participation and the integration of DeFi into user-facing applications. Onyxcoin Sees 11% Price Drop: Causes Explained Onyxcoin's price dropped 10.98% from $0.01421 to $0.01319, likely due to broader market weakness and technical factors, though it has since partially recovered to $0.01339. New York Officials Bust Crypto Scam Targeting Russians New York authorities have disrupted a cryptocurrency scam aimed at the Russian community, recovering $140,000 and freezing $300,000 in stolen assets. The investigation revealed scammers used fake investment ads on social media to deceive victims, resulting in over $1 million in losses. XRP Falls 5% Amidst Heavy Selling Pressure XRP experienced a 4.5% decline in 24 hours, dropping from $2.254 to $2.164 due to increased sell pressure and macroeconomic uncertainties. Concerns Raised Over South Korean Won Stablecoin South Korean Central Bank Governor Rhee Chang-yong expressed reservations about a won-backed stablecoin, citing potential complications in foreign exchange management and the need for central bank regulation. SUI Experiences Volatility; Trading Volume Increases SUI faced a volatile trading day, fluctuating 7.3% between $2.71 and $2.92, ultimately closing at $2.78. Trading volume surged 11% above the 30-day average, indicating strong market participation during this reversal. DOJ Moves to Seize $225M from Crypto Scams The U.S. Department of Justice has initiated action to forfeit over $225 million in cryptocurrency linked to extensive pig butchering scams, primarily involving Tether (USDT). Ethereum's Institutional Capital Surge Cannot Be Overlooked Ethereum has seen significant institutional capital inflows, including a $425 million allocation from SharpLink Gaming, yet trader confidence remains low as ETH struggles to break out of consolidation. Crypto Funding Rates Indicate Bearish Market Sentiment Funding rates on major exchanges reveal a neutral to slightly bearish sentiment in the market, with many cryptocurrencies showing rates below the bullish threshold of 0.01%. U.S. Jobless Claims Data to Release Tonight The U.S. Department of Labor will publish initial jobless claims for the week ending June 14 at 16:30 UTC+4, a key indicator of labor market health that can influence market volatility. Fixing the Flaws in the GENIUS Bill The Senate's GENIUS Act aims to regulate stablecoins, but faces criticism for potential inefficiencies and redundancy. Experts advocate for the Federal Reserve as the sole regulator to streamline oversight. Coinbase Launches USDC Payment Solution on Shopify Coinbase has introduced a new stablecoin payment infrastructure that enables Shopify merchants to accept USDC transactions seamlessly, enhancing the integration of traditional commerce with blockchain technology. Bitcoin Tests 50-Day Support; XRP Faces Bearish Risks Bitcoin's price has revisited its 50-day simple moving average, which has historically provided support. A failure to maintain this level could trigger a drop below $100,000, while XRP is showing signs of a potential bearish shift. Ethereum (ETH) Hits 2,500 USDT with Minor Dip As of June 18, 2025, Ethereum has surpassed the 2,500 USDT mark, currently trading at 2,506.92 USDT, reflecting a slight 0.33% decrease over the past 24 hours. Powell: Labor Market Cooling Not a Concern Federal Reserve Chair Jerome Powell stated that the gradual cooling of the labor market is not alarming, citing strong participation and healthy wage growth as positive indicators. BNB Chain Launches Access-Fi for Web3 Monetization BNB Chain has unveiled Access-Fi, a new social finance initiative designed to monetize Web3 content, enhancing interactions among creators, KOLs, and fans through projects like Reach Me and Pieverse. U.S. Jobless Claims Hold Steady Mid-June Initial unemployment claims in the U.S. for the week ending June 14 remained at 245,000, aligning with expectations, while continuing claims slightly exceeded forecasts at 1.945 million. UNI Surges 70% Since April Lows, Up 24% Monthly UNI has increased by 1.56% in the last 24 hours, currently trading at $7.4671 after a 70% rise from its April low of $4.551, marking seven weekly gains in eight weeks. Bitcoin (BTC) Falls Below 104,000 USDT As of June 18, 2025, Bitcoin has dipped below 104,000 USDT, currently trading at 103,951.51 USDT, reflecting a 1.43% decline over the past 24 hours. Lion Group Holding Unveils $600M HYPE Treasury Plan Lion Group Holding Ltd announces a $600 million initiative to establish a treasury strategy focused on Hyperliquid (HYPE), following a similar $50 million commitment from Eyenovia. Powell Addresses Tariff Effects on Economy Federal Reserve Chair Jerome Powell indicated that the effects of tariffs will vary based on their levels, warning that recent tariff hikes could pressure economic activity and fuel inflation. BNB Falls Below 640 USDT Amid Market Decline As of June 18, 2025, BNB has dipped below 640 USDT, currently trading at 639.53 USDT, reflecting a 2.23% decrease over the last 24 hours. BlackRock's $2.9B Fund Accepted as Collateral on Crypto Platforms The BlackRock USD Institutional Digital Liquidity Fund (BUIDL) is now accepted as collateral on and Deribit, allowing institutional traders to leverage their positions while earning yield on the underlying assets. Justin Sun and Trump: A Billion-Dollar Crypto Alliance Tron's reverse merger with SRM Entertainment, valued at $210 million, highlights Justin Sun's strategy and the influence of Donald Trump's network on market perception. Ethereum Holds Steady at $2.5K Amid Market Volatility Ethereum remains resilient at the $2,500 support level, showing a consolidation pattern as traders anticipate a potential 'golden cross' on the charts. Fed Maintains Rates, Predicts Slower Growth and Inflation Bitcoin's price remains stable as the U.S. Federal Reserve holds interest rates steady at 4.25%-4.50%, revising growth and inflation forecasts downward. Fed Officials Split on 2025 Rate Cuts The Federal Reserve's dot plot shows a divide among officials on interest rate cuts for 2025, with seven opposing cuts, while others propose reductions ranging from 25 to 75 basis points.
BusinessToday
23-05-2025
- Business
- BusinessToday
More Upside Forthcoming For Bitcoin
Bitcoin has soared to a record-breaking high of RM472,299 (US$111,881), marking a significant milestone for the world's most prominent cryptocurrency and fuelling renewed optimism in the digital asset space. Malaysian crypto exchange Luno Asia Pacific General Manager Aaron Tang said, despite the historic price surge, retail investor interest remains relatively low compared to past bull runs as indicated by the Fear & Greed Index. 'Currently, the index is at 72, indicating 'greed', which suggests there may still be room for growth if retail participation picks up,' Tang said. He shared that, unlike previous cycles, this rally is largely fuelled by strong institutional demand by big players like Strategy Inc (formerly MicroStrategy), BlackRock and Grayscale through direct Bitcoin holdings and exchange-traded funds. 'Hence, the market sentiment remains positive but not overheated,' Tang said. Related
