As tools like ChatGPT and Midjourney gain popularity, many are exploring their potential in trading. However, understanding real AI trading is essential for effective investment solutions. CTO of ATPBot shared his insights on technical challenges. While generative AI can create content based on historical data, it cannot predict financial market trends. These tools rely on … Read more
Key facts: The US presidential election is positioned as a key factor for the market. October could be a positive month for Bitcoin, according to history. With the US interest rate cut for the first time in more than four years, markets have a new driver. This monetary policy lowers the cost of borrowing, increases … Read more
Key facts: The ratio of put options to call options is at 0.86. BTC has been performing reasonably well from September until now. This Friday, September 20, the Bitcoin (BTC) options market is facing a significant event: 20,200 BTC options are about to expire. This is no small event, considering that the notional value of … Read more
Key facts: So far this month, its price has risen by more than 7%. The interest rate cut announced by the Fed boosted its price. September is usually a difficult month for financial markets due to seasonal reasons. In the northern hemisphere, summer is ending and the pace of economic activity slows down due to … Read more
The US Federal Reserve (Fed) cut interest rates by 0.5 points to 5%. This is the first rate cut in 4 years, causing the price of bitcoin (BTC) and other cryptocurrencies to react with high volatility to the Federal Open Market Committee (FOMC) decision. However, the United States is not the only country making adjustments … Read more
Solana Mobile, a subsidiary of the developer of the Solana network, has revealed its second smartphone, the “Solana Seeker,” at the TOKEN2049 event taking place in Singapore. This announcement has caused an escalation in the price of the solana (SOL) cryptocurrency, which has seen an 11% increase in the last 24 hours. The price of … Read more
Key facts: Ethereum faces risk from US presidential election, says Bitwise Despite all this, Ethereum is like the Microsoft of cryptocurrency networks, he says. “It’s okay to hate Ethereum right now, but this could look like nonsense in the future,” says a recent report from digital asset manager Bitwise, written by its chief investment officer, … Read more
As bitcoin (BTC) rebounds to $63,000 (USD) following the US interest rate cut, a new scenario is emerging for the market. According to the analysis firm Nodecharts, bitcoin is now “in its decisive phase.” This is stated in a report market, according to its historical behavior and the implication of the rate cut. The Federal … Read more
The recent 0.50% interest rate cut by the US Federal Reserve (Fed) has had a direct impact on the price of bitcoin, marking a 6% increase, its highest level since late August. This move by the Fed breaks with the aggressive monetary policy that has been in place since March 2020The agency’s decision, which was … Read more
Since 2009, Bitcoin (BTC) has captured the attention of investors for its characteristics that make it a safe haven asset. These include its inherent scarcity and its ability to operate outside of traditional financial systems. However, Bitcoin is still in its early stages of adoption as a global means of payment or store of value. … Read more