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Bitcoin Price At Crossroads: Will It Stabilize and Surge Again?

BTC was able to clear the $96,500 and $98,000 resistance levels.

NewsBTC

Mon, Dec 9

GBP/USD consolidates below mid-1.2700s; upside potential seems limited

The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band, below mid-1.2700s during the Asian session.

Fxstreet

Mon, Dec 9

Ripple CEO Brad Garlinghouse makes highly-anticipated appearance on 60 Minutes

Ripple CEO Brad Garlinghouse appeared on CBS’ 60 Minutes, delivering a sharp, unapologetic defense of Ripple’s strategies, XRP’s meteoric rise, and the crypto industry’s growing political muscle.

Cryptopolitan

Mon, Dec 9

RBA preview December: rates to remain unchanged, hawkish tone to taper

The Reserve Bank of Australia is widely expected to keep interest rates unchanged in December, although recent signs of cooling Australian economic growth are expected to temper the bank’s hawkish tone.

Investing.com

Mon, Dec 9

Gold price trades with mild positive bias, remains below $2,650 horizontal barrier

Gold price ticks higher on Monday amid bets for another Fed rate cut in December.

Fxstreet

Mon, Dec 9

Japanese Yen ticks higher after revised Japan’s Q3 GDP; lacks follow-through

The Japanese Yen (JPY) kicks off the new week on a positive note and draws support from a combination of factors, though the upside potential seems limited. Government data released earlier today showed that Japan’s economy expanded at a faster pace than initially estimated in the third quarter.

Fxstreet

Mon, Dec 9

Bitcoin State: Florida Pensions Take $1.85 Billion Leap Into Crypto

The state pension fund in Florida made a bold move to align itself with the vision of US President-elect Donald Trump for a strategic Bitcoin reserve.

Bitcoinist

Mon, Dec 9

EUR/USD weakens to near 1.0550 on ECB rate cut bets

The EUR/USD pair trades with a mild negative bias near 1.0550 on Monday during the Asian trading hours. Investors will closely monitor the US Consumer Price Index (CPI) inflation report for November, which is due on Wednesday.

Fxstreet

Mon, Dec 9

Technical Analysis Puts XRP Price Above $5 In Next 3 Days, Whales Buy $288 Worth Of XRP

The XRP price is consolidating after a crazy 460% surge within four weeks that saw it breaking above $2.8 on December 3 for the first time since 2018. This consolidation saw the XRP price dropping to $2.22 on December 5 as many investors took some profits after the rally.

NewsBTC

Mon, Dec 9

Is Bitcoin a national threat? Peter Schiff thinks so

Peter Schiff warns that Bitcoin has become a national security threat, especially if government funds are used to buy it. As Bitcoin’s value rises, debates continue about Bitcoin’s ability to change financial systems and create risks.

Cryptopolitan

Mon, Dec 9

Fed's Goolsbee: US labor market still looks stable

Federal Reserve Bank of Chicago President Austan Goolsbee said on Friday that the labor market appears largely stable despite a bumpy series of data on the US jobs landscape, per Bloomberg.

Fxstreet

Mon, Dec 9

Bitcoin Whales Ramp Up Accumulation – Another Price Surge To Follow?

The price of Bitcoin (BTC) has dipped by 1.66% in the last day after failing to break past $102,000 on Friday. Currently, the crypto market leader seems to be in consolidation, with little indication of its next price movement.

Bitcoinist

Mon, Dec 9

Ethereum Active Addresses Surge By 36% In Support Of Bullish Price Action – Details

Shortly after surging above $4,000 on December 6, Ethereum (ETH) has sunk into a state of consolidation showing no significant price action over the last day.

Ethereum Classic

NewsBTC

Mon, Dec 9

Shopify upgraded to ‘buy' as AI initiatives drive growth and efficiency

Investing.com -- Loop Capital upgraded Shopify Inc (NYSE:SHOP) to "buy" from "hold," citing the company's strategic use of artificial intelligence (AI) to boost merchant tools and streamline internal operations. Brokerage raised its price target for Shopify to $140, reflecting a 23% potential upside

Investing.com

Mon, Dec 9

Fed's Bowman: Central bank should proceed cautiously with rate cuts

Federal Reserve Governor Michelle Bowman said on Friday that she prefers to cut the interest rates cautiously, emphasizing underlying inflation remains “uncomfortably” above the central bank’s 2% goal, per Bloomberg.

Fxstreet

Mon, Dec 9

Super Micro stock jumps after Nasdaq grants filing extension

Super Micro Computer Inc (NASDAQ:SMCI) shares jumped 9% after-hours Friday after the company announced that it had been granted an extension by the Nasdaq Stock Market to submit its overdue financial reports.

Investing.com

Mon, Dec 9

Dogecoin Sees Quiet Breakout As Data Signals Rally Continuation

Dogecoin has finally surged above the crucial $0.48 resistance level, briefly reaching $0.484 before pulling back slightly. This marks a significant development for the meme coin, as it had struggled to break past this level for weeks.

NewsBTC

Mon, Dec 9

President Trump says he never wanted to kick Jerome Powell out of the Federal Reserve

President-elect Donald Trump has shut down speculation about removing Jerome Powell from his position as Federal Reserve Chair. These speculations come from him saying during campaign that he would take over the central bank and be in charge of the economy himself.

Cryptopolitan

Mon, Dec 9

Ethereum Price Could Reach New All-Time High With Little Resistance, Analyst Explains Why

The Ethereum price seems to be finally picking up some momentum after several weeks of trailing the remarkable Bitcoin price performance. After kickstarting the week with sluggish price action, the acclaimed “king of altcoins” has returned to above the $4,000 mark for the first time since March.

Bitcoinist

Mon, Dec 9

AUD/USD holds positive ground near 0.6400 as traders await RBA rate decision

The AUD/USD pair gains ground to around 0.6400 on the weaker US Dollar (USD) during the Asian session on Monday. There are no Federal Reserve (Fed) speakers this week due to the media blackout.

Fxstreet

Mon, Dec 9

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