Price analysis 5/13: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
Bitcoin (BTC) rebounded sharply after dropping near its realized price of $24,000 on May 12, suggesting some bulls went against the herd and bought the...
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Pound Sterling (GBP) Weekly Forecast: Stagflation and Article 16 Risks
Pound Sterling (GBP/USD) Weekly Fundamental Forecast: Bearish UK Inflation headlines next week’s major risk events as growth outlook restricts the length and magnitude of the...
Consumer Sentiment Sinks as High Inflation Dents Faith in Economy, S&P 500 Holds Gains
CONSUMER SENTIMENT KEY POINTS: May consumer sentiment falls to 59.1, its lowest level since August 2011 Soaring consumer prices undermines confidence in the U.S. economy...
Canadian Bitcoin ETF adds 6.9K BTC in one day as GBTC discount hits record low
Bitcoin (BTC) descending to $24,000 has cost its largest institutional investment vehicle more than the average hodler. According to data from on-chain monitoring resource Coinglass...
AUD/USD Price Forecast: Aussie Dollar Remains at the Behest of China
AUD/USD OUTLOOK China continues to weigh negatively on the Aussie dollar. Bearish IG client sentiment. AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Australian dollar looks to claw...
Bitcoin mining in Norway gets the green light as the proposed ban rejected
There’s Nor-way they can ban Bitcoin (BTC) mining in Norway now. That’s according to a majority vote passed by the Norwegian parliament on May 10....
Bitcoin gains superior to stocks in the long term, economist says
The recent crashes in stock and cryptocurrency markets have provided yet another chance to observe better return opportunities of crypto versus stocks, according to several...
Bitcoin to the sky: Emirates to accept BTC payments and launch NFT collectibles
Emirates, the largest airline in the United Arab Emirates (UAE), announced that it has plans to implement Bitcoin (BTC) payments and launch nonfungible tokens (NFTs)...
EUR/USD Price Forecast: EURUSD Continues its Decline Ahead of EU CPI Next Week
EUR/USD News and Analysis ECB members reiterate the same message – leaving the euro susceptible We take a closer look at key support levels for...
British Pound (GBP) Forecast: Brexit Protocols and Weak Growth, a Prelude to Next Week’s UK Data
GBP/USD ANALYSIS GBP/USD looks to end the week off on a positive note. Key economic data scheduled next week – CPI, Jobs. IG client sentiment...
BitKwonnect? ‘Luna Brothers’ moment sees Terra inflate token supply 3,500% overnight
Terra (LUNA), the in-house token of Blockchain protocol Terra, is undergoing major changes which are causing intrigue and despair in equal measure. Data released on...
Australian Dollar Forecast: AUD/USD, AUD/JPY Tracking Risk Sentiment, Risks Remain
Australian Dollar Analysis and Talking Points AUSTRALIAN DOLLAR FOLLOWING RISK APPETITE A modest bounce in risk sentiment as equity markets look to close out the...
Buterin donates $4M to Uni of NSW for pandemic detection tool
Ethereum co-founder Vitalik Buterin has donated $4 million worth of USD Coin (USDC) to the University of New South Wales (UNSW) to support the development...
Gold Price Forecast: XAU/USD Breaks Lower, Will it Hold Before the Weekend Starts?
Gold, XAU/USD, US Dollar, Technical Analysis, IGCS – Talking Points: Gold prices extended losses over the past 24 hours as weekend nears The yellow metal...
Aurora launches $90M fund to finance DeFi apps on Near Protocol
Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApps) built on the Near protocol, has launched a token fund worth $90 million. ...
Analysts say Ether price must hold this key level to avoid a capitulation-like move
The crypto market experienced another day of pain on May 12 as the fallout from Terra (LUNA) and TerraUSD (UST) failure continue to ripple across...
Look out below! Ethereum derivatives data hints at further downside from ETH
Ether (ETH) is down 38% in three weeks and the current $2,000 level is 59% below the $4,870 all-time high that was reached in November...
Germany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free
The Federal Ministry of Finance (BaFin) published a 24-page document on Tuesday outlining clear income tax rules for cryptocurrency and virtual assets. Tax practitioners, businesses and...
How long will the crypto bear market last? Raoul Pal’s macro analysis
Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy by halting...
How blockchain archives can change how we record history in wartime
Decentralized blockchain technology has been around for a relatively short period of time, in the grand scheme of things, but its decentralized nature has the...
Markets DailyFX Analysts Are Most Interested In
Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to...
Why the world needs a spot Bitcoin ETF in the US: 21Shares CEO explains
Despite the growing adoption of various cryptocurrency exchange-traded funds (ETFs) all over the world, the global trading community continues to ask one question: When will...
AUD/JPY Price Outlook: AUD Susceptible as Equity and Crypto Rout Favors the Yen
Aussie Dollar, AUD/JPY Analysis Japanese Yen receives a bid as riskier cryptos and equities sell-off Downward revisions in global growth (mainly China) has large consequences...
Ether plunges 13% while Bitcoin pushes BTC dominance to 2022 high — More pain ahead?
Ethereum’s native token, Ether (ETH), plunged to its lowest level in almost two months against Bitcoin (BTC) as a crypto market sell-off intensified on May 12. Macro...
Tether to move over 1B USDT from Tron to Ethereum and Avalanche
Following recent developments in the sphere of stablecoins, Tether (USDT) has announced that it’s coordinating a chain swap to transfer USDT assets from Tron’s TRC-20...
Cryptocurrency Crash, Tether De-Pegging, S&P 500 Sinks, JPY Outperforms
Bitcoin, Ethereum, S&P 500, JPY Price Analysis & News Tether De-Pegging Exacerbates Cryptocurrency Crash Bitcoin Breaks Through Key Levels Equity Sell-Off Prompts Demand For JPY...
Bitcoin ‘kisses’ $24K realized price after 2nd highest seller losses in history
Bitcoin (BTC) bounced past $28,000 on May 12 after repeating a chart structure not seen since March 2020. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView...
South African Rand Price Forecast: USD/ZAR Downside Correction on the Horizon?
RAND ANALYSIS Rand opens lower as dollar remains bid. Technical analysis points to possible USD/ZAR pullback. Advertisement USD/ZAR FUNDAMENTAL BACKDROP The South African rand has...
USDT-dollar peg wobbles as markets continue to struggle: Tether CTO weighs-in
Cryptocurrencies markets continue to suffer major losses following the depegging of Terra ecosystem’s stablecoin TerraUSD (UST), causing discrepancies between stablecoin pegs and the value of Bitcoin...
Crude Oil Update: Uncertainty Around EU Oil Ban While COVID-19 Cases Fall in Shanghai
BRENT CRUDE OIL (LCOc1) ANALYSIS China’s growth forecasts look higher as COVID-19 situation improves in Shanghai. Hungary stifles EU oil ban. Consolidatory price action continues....
Bitcoin falls below $27K to December 2020 lows as Tether’s peg slips under $0.99
Bitcoin (BTC) fell out of its long-term trading range on May 12 as ongoing sell pressure reduced markets to 2020 levels. BTC/USD 1-hour candle chart...
DOGE gets more love on Twitter and Ether gets more hate: Data analysis
Ether (ETH) has taken out the top spot on Twitter as the most hated of five cryptocurrencies studied, while the meme-token Dogecoin (DOGE) is the most liked. The findings...
Aussie crypto ETFs see $1.3M volume so far on difficult launch day
With crypto markets tanking, three crypto-focused exchange-traded funds (ETFs) picked a difficult day to commence trading on local exchange Cboe Australia today. The trio’s launch...
Ether whales get busy as transactions hit highest point since January
Despite widespread losses being posted throughout the crypto market, Ether whales have been busy buying and selling Ether (ETH) at a rate not seen since...
Terra contagion leads to 80%+ decline in DeFi protocols associated with UST
The knock-on effect of the collapse of Terra (LUNA) and its TerraUSD (UST) stablecoin spread wide across the cryptocurrency market on May 11 as projects...
ApeCoin is down 70%+ since the Otherside launch — Can Yuga Labs turn the ship around?
ApeCoin (APE), the new cryptocurrency that was recently launched by Yuga Labs, aims to be the bedrock of the Otherside metaverse and recently, the token...
Price analysis 5/11: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
The crisis with Terra’s stablecoin TerraUSD (UST) and the freefall in Terra’s LUNA token has dented crypto sentiment further. Although Terraform Labs CEO Do Kwon...
This week’s whipsaw market movements test NFT traders’ resolve — What’s next?
It goes without question that there has been an influx of excited investors piling into Web3 and this is despite the decrease in total volume...
Bitcoin 2022 — Will the real maximalists please stand up?
As I go about the Miami conference, I wonder, Aside from some of the conference speakers, where are these Bitcoin maximalists I keep hearing so...
Rising global adoption positions crypto perfectly for use in retail
Even though the cryptocurrency market seems to be going through a bit of a lull at the moment, there’s no denying the fact that the...
Bitcoin falls back under $30K while 8.3% US CPI shows signs inflation has peaked
Bitcoin (BTC) dropped by $1,500 in minutes on May 11 as the latest United States inflation data delivered mixed sentiment on the economic outlook. BTC/USD...
US Inflation Cools to 8.3% but Eases Less than Forecast, Nasdaq 100 Sinks as Yields Rise
US INFLATION KEY POINTS: April U.S. Consumer Price Index rises 0.3% on a seasonally adjusted basis and 8.3% in the last 12 months, slightly above...
Industry experts weigh in on SEC hiring more crypto cops
The United States Securities and Exchange Commission (SEC) is seeking to hire more people to focus on digital assets, raising the number of personnel charged...
USD/CAD Pre-CPI Setup: Loonie Chart Analyzed Ahead of the Data Print
USD/CAD Analysis Crucial April inflation data may set the scene for a softer dollar Key technical levels for USD/CAD considered after bounce of major resistance...
USD, Gold, S&P 500: How Have Markets Reacted to US CPI
US CPI, US Dollar Analysis and News US CPI Seen Hitting 8.1%, Core at 6.0% Lower Than Expected CPI Print Can Fuel Further Recovery in...
EUR/USD Forecast: Euro Ekes Out Marginal Gains Ahead of US CPI
EUR/USD ANALYSIS German CPI – ACT: 7.4%, EST: 7.4% ECB officials supportive of rate hikes post-APP. Growth headwind in the form of Russian oil embargo....
Terra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to ‘$138K’ in UST
Panic appeared to set in on crypto markets overnight on May 11 as Blockchain protocol Terra failed to steady its bleeding crypto assets. Data from...
Gold Price Latest – XAU/USD Prints a Fresh Three-Month Low
Gold Price (XAU/USD), Chart, and Analysis Bearish technical signals send gold tumbling. US CPI will lead the next move in the precious metal. Today’s US...
Indie Russian news firm raises $250K in crypto after sanctions cripple finances
A Russian independent news company has raised more than $250,000 in cryptocurrency donations from supporters in order to continue reporting independent news under a barrage...
Ethereum rises vs. Bitcoin despite crypto market rout — will ETH/BTC gain 50% by June?
Ethereum’s native token Ether (ETH) has grown stronger against its rival for the top position — Bitcoin (BTC) — despite an ongoing crypto market rout....
Making money, escaping poverty: Bitcoin and Lightning in Mozambique
Bitcoin (BTC) is for all. For you, for Michael Saylor in Miami, and for 38-year-old Jorge, a Mozambican family man who’s using the largest cryptocurrency to make...
Talos raises $105M to become the latest crypto unicorn valued at $1.3B
PayPal-backed cryptocurrency firm Talos is becoming the latest unicorn in the industry, reaching a $1.25 billion valuation following new funding. Talos has raised $105 million...
10-month BTC price lows spark $1B liquidation as Bitcoin eyes $35K CME futures gap
Bitcoin (BTC) upended buy trends through May 10 as BTC/USD sank below $30,000 for the first time since July 2021. Data from on-chain analytics firm...
Australian Dollar (AUD) Plunge Below Key Level, USD Remains Firm
USD, AUD Analysis and News Fragile Sentiment To Keep USD Firm AUD Plunges Below Key Support The bounce back in equity markets, doesn’t appear to...
British Pound Latest: GBP/USD, EUR/GBP – Sterling Under Pressure
GBP/USD, EUR/GBP – Prices, Charts, and Analysis The Queen’s speech is expected to focus on growth. GBP/USD looks indecisive. EUR/GBP building a bullish pennant set-up....
How To Use Twitter For Traders
Trade The News The Role of Twitter When Did Twitter Become Important For Traders Examples: Twitter Ahead of Traditional Newswires How to Spot Fake News...
Analyst claims that exchanges sell your Bitcoin, crypto trading platforms respond
Security breaches and hacks often highlight the risks of storing Bitcoin (BTC) on centralized exchanges. One analyst even claims that keeping your BTC on exchanges...
ZEW Econ Sentiment Index Reveals Optimism in Europe Despite German Risks
Customize and filter live economic data via our DaliyFX economic calendar ZEW data shows a better-than-expected outlook for the euro zone and German economies over...
Gold Price Forecast: XAU/USD Downside Risk From Potential CPI Drop
GOLD OUTLOOK U.S. inflation in focus tomorrow. XAU/USD testing key area of confluence. IG client sentiment: Bearish. Advertisement XAU/USD FUNDAMENTAL BACKDROP Tomorrow’s U.S. inflation print...
‘Kwontitative easing’ — BTC price hits $43K in UST as Terra empties $2.2B BTC bag
Bitcoin (BTC) fell below $30,000 for the first time in ten months on May 10 as turmoil at Blockchain protocol Terra continued. BTC/USD 1-hour candle...
Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT
Global equity markets extended their decline on May 9 and the S&P 500 fell to a new 52-week low. Bitcoin (BTC) dropped to a new...
Question of centralization faces growing crypto insurance industry
Cryptocurrency markets have been maturing over the last few years, making demand for crypto insurance solutions larger as more advanced players dip their toes into...
Staking via hardware crypto wallet: Ledger exec explains how it works
As cryptocurrency staking is growing increasingly popular, one may wonder about staking opportunities of not only crypto exchanges or software wallets but also hardware wallets....
Markets Week Ahead: Dow Jones, US Dollar, Gold, Euro, Fed, CPI, China
The market is coming off an event-packed week that included the Federal Reserve’s May interest rate decision and the US jobs report. Global equity markets...
Bitcoin sets news 2022 lows as analyst says trip to $24K realized price ‘entirely possible’
Bitcoin (BTC) set a new record low price for 2022 on May 9 as crypto markets continued selling off prior to the Wall Street opening....
Deribit and OKX attract significant traffic from China despite a blanket ban: Report
Data from website traffic metric provider Similarweb shows that Deribit and OKX continue to attract significant traffic sources from China despite a blanket ban on...
S&P 500 Outlook: Equities Drop Ahead of Peloton, Disney and Alibaba Earnings
S&P 500 News and Analysis Peloton, Walt Disney and Alibaba reporting earnings this week S&P 500 futures point towards an ominous start to the week...
Japanese e-commerce site adopts BTC and XRP payments for used cars
SBI Motor Japan, a subsidiary of SBI Africa Co. Ltd., has announced that its customers can now make payments for used cars using Bitcoin (BTC)...
Monero avoids crypto market rout, but XMR price still risks 20% drop by June
Monero (XMR) has shown a surprising resilience against the United States Federal Reserve’s hawkish policies that pushed the prices of most of its crypto rivals...
USD/JPY Forecast – Setting Up for the Next Leg Higher?
USD/JPY Price and Chart Analysis The US dollar starts the week in a positive fashion. The Japanese Yen is coming under renewed pressure. Retail traders...
Quelle surprise: Central African banks scold the CAR for Bitcoin adoption
The governor of the Bank of Central African States, or Banque des États de l’Afrique Centrale (BEAC), has issued a scathing letter to the Central...
Canadian Dollar Forecast: USD/CAD Surge Facing Hurdles
USD/CAD, EUR/GBP Analysis and Talking Points Topside Resistance for USD/CAD Equity Market Sentiment to Dictate CAD Price Action As equity markets extend losses, high beta...
EUR/USD Forecast: Euro Looks To Re-Test April Swing Lows, U.S. CPI in Focus
EUR/USD ANALYSIS USD opens higher. Fed speeches lead the way to U.S. inflation. EU oil ban on Russia dampens growth prospects. IG client sentiment: Mixed...
Top 5 cryptocurrencies to watch this week: BTC, ALGO, XMR, XTZ, THETA
The S&P 500 and the Nasdaq have declined for five consecutive weeks, indicating that traders continue to reduce exposure to risky assets. Bitcoin’s (BTC) close...
6 Questions for Ming Duan of Umee
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep...
Plain talk about NFTs: What they have been and what they are becoming
There’s been a tremendous amount of hype and misinformation about nonfungible tokens (NFTs) since they appeared on the scene in 2014, particularly since the total...
Bitcoin price target now $29K, trader warns after Terra weathers $285M ‘FUD’ attack
Bitcoin (BTC) prepared for a rare bear feature to return on May 8 after an overnight sell-off took the market ever closer to January lows....
For the crypto industry, supporting sanctions is an opportunity to rebrand
One of the first punitive measures leveled against Russia in response to the military invasion of Ukraine was the implementation of economic sanctions aimed at...
Crude Oil Rises as Talks Around Russian Oil Embargo Trumps Dollar Rally
BRENT CRUDE OIL (LCOc1) ANALYSIS EU Russian oil ban takes center stage. Chinese slowdown impacting oil demand. Symmetrical triangle break could lead to higher oil...
Crypto, like railways, is among the world’s top innovations of the millennium
You are about to read a half-fiction witty story based on Stuart Hylton’s review of “the making of Modern Britain” and my interpretation of the...
Euro Weekly Fundamental Forecast: ‘Sell the Rally’ Mentality Still Valid?
Euro Weekly Fundamental Forecast: Bearish ECB members weigh in on inflation and rates with greater urgency Euro gains are likely to be short-lived amid monetary...
Gold Price Rebound Vulnerable to Slowdown in US Consumer Prices
Gold Price Talking Points The price of gold extends the advance from the monthly low ($1851) as the Federal Reserve lays out a preset path...
US Fed hikes interest rates, Bitcoin plunges below $36K, and Argentina’s central bank says no to financial institutions offering crypto: Hodler’s Digest, May 1-7
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and...
US Dollar Forecast: Focus Now Shifts to CPI Data and a Slew of Fedspeak Ahead
US Dollar Fundamental Forecast: Bullish US Dollar remained on the offensive as prices whipsawed around the Fed 75-basis point hikes were downplayed, but balance sheet...
The Ukraine invasion shows why we need crypto regulation
Shortly after the Russian invasion of Ukraine began, the Ukrainian government tweeted a request for funds in the form of Bitcoin (BTC), Ether (ETH) and...
Bitcoin’s Velvet Revolution: The overthrow of crony capitalism
If Karl Marx and Friedrich Engels were somehow transported to the present day and given a newspaper, the apparent lack of class conflict would probably...
Australian Dollar Outlook: RBA Action Does Little to Boost AUD
AUTRALIAN DOLLAR FORECAST: NEUTRAL The Australian Dollar has been pummelled in a frantic week of hikes First the RBA, then the Fed tightened policy by...
Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to $1.65T
The total crypto market capitalization has been trading within a descending channel for 24 days and the $1.65 trillion support was retested on May 6....
Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack
The United States Treasury Department Office of Foreign Assets Control (OFAC) announced Friday that it was sanctioning cryptocurrency mixer Blender.io for its role in laundering...
USD Needs a 100 Point Hike | tastytrade clips
[embedded content] “Even a 75-basis-point hike wouldn’t’ve been enough”. Tom Sosnoff, Chris Vecchio and Victor Jones talk about inflation’s state of play, the Fed’s dovish...
Hawkish vs Dovish Explained
Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to...
Grayscale’s GBTC and ETHE products now available on Robinhood
Digital asset manager Grayscale has made its flagship Bitcoin (BTC) and Ether (ETH) products available on Robinhood, the popular trading app open to millions of...
British Pound Forecast – Sterling Has a Shocking Week
British Pound, GBP/USD – Prices, Charts, and Analysis BoE warns of a ‘sharp economic slowdown’. UK inflation to hit 10%+ in Q3. Sterling hits multi-year...
Bitcoin price heads under $36K as three-day losses near 12%
Bitcoin (BTC) fell further on the May 6 Wall Street open amid a warning that the U.S. equities sell-off was “not over.” BTC/USD 1-hour candle...
Ethereum hits 3-week high vs. Bitcoin amid Fed-led market rout
Ethereum’s native token Ether (ETH) tumbled to its worst levels in almost two months against the U.S. dollar on May 6 as the rout in...
NFP: Non-farm Payrolls Prints at +428k v/s +391k Forecast, Unemployment at 3.6%
Non-farm Payrolls Talking Points: It’s been a very busy week across global markets with considerable focus around the Wednesday FOMC rate decision. Non-farm Payrolls for...
OpenSea Discord server hacked, users warned to be vigilant of phishing scams
Nonfungible token (NFT) marketplace OpenSea suffered a server breach on its main Discord channel, with hackers posting fake “Youtube partnership” announcements. A screenshot shared Friday...
Euro Forecast: ECB Hawks Out in Force, EUR/GBP Breakout Ahead of NFP
EUR/USD, EUR/GBP Analysis and News: ECB Hawks Prompt Modest Euro Reprieve ECB Officials have been out in force over the past 24hours attempting to talk...
Bitcoin’s rocky road to becoming a risk-off asset: Analysts investigate
Thursday was a bloodbath for traditional and cryptocurrency markets. On the worst day of trading since 2020, Bitcoin (BTC) dropped over 7%, while the Nasdaq slipped...
Africa’s top golfers to shoot for Bitcoin prize on Sunshine Tour
Top golfers from Africa and Europe will be eyeing lucrative Bitcoin (BTC) payouts at the end of the 2022 season after a new sponsorship of...