By Yashu Gola, Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom. Ethereum’s native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5. Ethereum price back above key trendline ETH price […]

By William Suberg, Not tackling even lower levels “seems wrong,” one analyst says, while another popular trader demands a $40,000 reclaim for Bitcoin price to flip “full bull.” Bitcoin (BTC) cracked $37,000 at the Jan. 28 Wall Street open as traders watched and waited for a resistance retest. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView […]

By Helen Partz, In late 2021, Bank of Russia deputy governor claimed the bank would allow crypto investment only via foreign firms. The Bank of Russia has registered tokenization service Atomyze as the country’s first digital asset management company, the central bank officially announced Thursday. According to the announcement, the Bank of Russia has formally deemed the […]

By Zhiyuan Sun, Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3. According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last August, a portion […]

By Tyler Durden, A popular hedge fund trade – known as the Treasury Basis Trade which, reminiscent of what LTCM did back in the day seeks to profit from minuscule differences between prices in the futures and cash markets for Treasuries by using massive amounts of borrowed money – is set to make a comeback […]

By William Suberg, January gives no relief to hodlers, but it’s been eight years since Bitcoin had a double-digit “red” February. Bitcoin (BTC) is heading for its worst January performance in four years — could all not be what it seems? Data from on-chain analytics resource Coinglass shows January 2022 to be the least profitable since the […]

By Tyler Durden, A 29 year old crypto “expert” that already manages $2.5 billion is coming to an ARK near you. Ophelia Snyder, whose firm 21Shares manages $2.5 billion from her office in Switzerland’s “Crypto Valley”, is teaming up with ARK Invest’s Cathie Wood to try and launch a bitcoin ETF in the United States, according to Bloomberg. She […]

By Tyler Durden, Authored by ‘NAMCIOS’ via BitcoinMagazine.com, The game-theoretic aspect of Bitcoin adoption is shown as politicians around the world race to establish the most welcoming place for the industry. Christophe De Beukelaer, a Brussels member of parliament, announced he will take his full 2022 salary in bitcoin in an effort to raise awareness […]

By Tyler Durden, America’s top snack company, Mondelez International, told Bloomberg TV Friday that consumers will begin to push back on rising food prices as the economy reopens.  Dirk Van de Put, chief executive officer of snack company Mondelez, said consumers had tolerated price increases made by the company, but that could soon change as their more stationary […]

By Tyler Durden, Looking at Microsoft’s earnings reported moments after the close, which beat from the top to the bottom line, and one would think that the stock is soaring after hours. But instead what one would find is an inexplicable plunge of 6% which can only be attributed to someone bearishly positioned and slamming […]