By Prashant Jha, The origin of the carbonade diamond has baffled scientists for years, as it contains some of the precious metals only found in meteorites. A 555-carat diamond with mysterious origins estimated to be billion years old has been sold for $4.5 million in cryptocurrency at a Sotheby’s auction. The diamond has baffled geologists […]

By Arnold Kirimi, Cryptocurrency transactions of more than 600,000 rubles (roughly $8,000) will have to be declared; otherwise, it could be considered a criminal act. The government and central bank in Russia have reached an agreement on how to regulate cryptocurrencies, according to a Tuesday announcement. Russia’s government and central bank are now working on a […]

By Tyler Durden, By Ye Xie, Bloomberg Markets Live strategist and commentator Chinese state-backed funds reportedly intervened in the stock market on Tuesday, helping stem the biggest intraday loss since August 2021. Since the bursting of the stock bubble in 2015, Bloomberg has reported at least seven occasions when the so-called “national team” came to the rescue when […]

By Tyler Durden, Last week, gasps of shock were heard around Wall Street trading desks when Bank of America decided to outdo every other economist with its either idiotic or brilliant forecast for seven 25bp rate hikes this year. All else equal, we would say “idiotic” as 7 rates hikes would almost certainly send the market crashing […]

By Jordan Fineeseth, Bitcoin reclaims support at $44,000, prompting some analysts to suggest closing out longs while looking for a close above $45,000. The mood across the cryptocurrency ecosystem has shifted to cautious optimism on Feb. 7, as Bitcoin (BTC) bulls managed to bid its price back above support at $44,000 with the help of […]

By Marcel Pechman, The crypto market is starting to turn around, raising opportunities for risk averse traders to use the Long Condor options strategy to long ETH. Ether price (ETH) spent the last two months stuck in a rut and even the most bullish trader will admit that the possibility of trading above $4,400 in […]

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 […]