Markets

The Bitcoin bear market appears to be far from over as the price has dropped to the bulls’ last line of defense before another massive leg down. The short-term and even mid-term price action of Bitcoin could be determined in the next few days. Technical Analysis By: Edris The Daily Chart Looking at the daily chart, the recent downtrend was initiated after the price was rejected from the $24K static resistance level. Moreover, it was rejected from the 100-day moving average at...

[PRESS RELEASE – Please Read Disclaimer] Since bursting onto the scene in March, SolidusX has won plaudits from professionals and first-time investors alike, thanks to its reasonable fees, high functionality, and broad range of easy-to-use features “Our overriding aim is always support and guide investors toward a prosperous financial future,” David Ginsburg, Investment Director at SolidusX, says. “And we have the tools, the market expertise, and the cutting-edge platform to...

Could the worst of the crypto bear market be over? According to former White House communications director and crypto bull Anthony Scaramucci, the price of bitcoin has officially bottomed out. Investors will not see things get worse from here, and he thinks BTC is fairly valued at around $40K. Scaramucci Thinks the Worst Is Over In a recent interview, Scaramucci stated: We believe that the leverage has been blown out of the system. I don’t think it’s going below the low...

Die jüngste Statistik des Neobrokers justTRADE zu den Umsätzen mit Zertifikaten offenbart erstaunliche Daten. So passen Käufer dieser Produkte ihre Vorlieben offenbar regelmäßig dem Marktumfeld an – das zeigt sich gerade nach dem Beginn des Ukraine-Krieges Ende Februar. Aktuelle Markteinschätzung von Michael B. Bußhaus, Gründer und Geschäftsführer von justTRADE Anleger, die mithilfe von Zertifikaten am Kapitalmarkt aktiv sind, bleiben dieser Kategorie in turbulenten Zeiten nicht nur treu,...

INTERNET CITY, DUBAI, Aug. 31, 2022 – OpenSky Finance launched on Ethereum mainnet. NFT holders can stake their BAYC, CryptoPunks, or MAYC NFTs to take out an Instant loan for up to 40% of the floor price. OpenSky borrowers can also pledge their BAYC, CryptoPunks, MAYC, Moonbirds, Doodles, Azuki, and 11 additional whitelisted NFT collections to make a peer-to-peer loan offer. OpenSky Finance is the first integrated peer-to-pool and peer-to-peer NFT lending protocol built...

INTERNET CITY, DUBAI, Aug. 29, 2022 –As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank Exchange Scheduled this week starting on 29th August. For a more...

Cryptocurrency exchange Nexo announced this Aug. 30 the allocation of another $50 million to execute discretionary and periodic buybacks of its NEXO token on the open market. According to the company’s statement, this would be the second time the exchange has invested money in repurchasing its tokens this year. The first time was in May when they announced the repurchase of $100 million in NEXO tokens. Nexo Wants to Demonstrate its Liquidity Antoni Trenchev, co-founder and...

With the US Federal Reserve firming up its ante against inflation and dismissing discussions about any softening of monetary policy. JPMorgan’s chief global strategist, David Kelly, has made some suggestions for crypto investors concerned about the direction of the market. In an interview Friday after Fed Chair Jerome Powell’s speech at Jackson Hole, Wyoming, Kelly said that the best way to be positioned now is to focus on valuations and avoid looking at short-term...

Think the cryptocurrency market has it rough? Take a look at what happened to non-fungible tokens – aka NFTs.  Data from DappRadar shows that trading volume at OpenSea – the world’s largest NFT marketplace – has fallen by 99% in less than four months. While the company contested the figure to some degree, it admitted that the substantial slowdown in activity is both real and expected. The Sad State of NFTs According to DappRadar’s statistics page, the daily trading volume of...

A new crypto bill introduced by John Boozman – a republican from Arkansas – and Debbi Stabenow, a democrat from Michigan, would (if passed) give the Commodity Futures Trading Commission (CFTC) full control over bitcoin and Ethereum, the world’s two largest and most popular digital currencies. The CFTC Would Have Most of the Power In the bill, both ETH and BTC are clearly described as commodities. In addition, they account for roughly two thirds of all activity in the...