Banks are transitioning quickly to crypto in the face of new rules, and Ethereum appears ready for an all-time high. Yet, Bitcoin dropped below $110,000 due to Fed turmoil and economic indicators. Amid these challenges, Bitcoin bulls reclaimed some ground and Gold soared as a Federal Reserve cut loomed. Japan's big banks are setting their sights on Bitcoin as regulations are expected to roll out soon.
The rise of decentralized AI is recognized for potential efficiency gains while Bitcoin's price is expected to break lower due to seasonal headwinds. Anticipation of fresh regulatory developments from the Federal Reserve and the impending second quarter earnings of Coinbase Global are influencing crypto markets while concerns around inflation and options expiry gravely affect Bitcoin. Rapid activities in the cryptocurrency space are noted, including the surging interest in the Loom Network which has shown significant value growth lately.
LOOM Coin News Analytics from Sat, 15 Mar 2014 07:00:00 GMT to Wed, 10 Dec 2025 11:34:49 GMT - Rating 3 - Innovation 6 - Information 7 - Rumor 2