Markets Week Ahead: Euro, Dollar, Gold, S&P 500, Fed, Earnings, Inflation
Advertisement Markets swung wildly last week as fears over the delta variant of covid bulged then faded. This initially caused a notable deterioration in risk...
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Weekly Fundamental US Dollar Forecast: When Will Fed Raise Rates or Taper?
Advertisement Fundamental Forecast for the US Dollar: Neutral The US Dollar (via the DXY Index) has been creeping higher throughout July, even as US Treasury...
Bitcoin price weekly outlook: BTC bulls await breakout above 50-day EMA
A four-day winning streak brought the Bitcoin (BTC) prices closer to testing its 50-day exponential moving average (~$35,115) as resistance. The wave, which was instrumental...
Bringing the crypto payments ecosystem around the world: Ray Youssef
Though he has had 11 business failures, today Ray Youssef is building Bitcoin-funded schools across Africa as executive director of the Built With Bitcoin Foundation...
Euro Forecast: EUR/USD Price Outlook Bearish Ahead of Key Eurozone Data
Fundamental Euro Forecast: Bearish The European Central Bank’s Governing Council proved just as dovish as analysts had expected last week, accentuating a decline in EUR/USD...
3 reasons why Bitcoin price has not been able to rally back above $40K
The ongoing story for the past couple of months in the cryptocurrency market has been confusion on whether Bitcoin (BTC) is destined for another leg...
This classic trading pattern signaled that Bitcoin price had hit a top
Traders tend to focus too much on timing the right entry to a trade, but very few focus on developing a strategy for exiting positions....
Gold Price Forecast: Risk of Volatility as Fed Meeting Looms
GOLD PRICE OUTLOOK: FED MEETING, REAL YIELDS, US DOLLAR EYED Gold prices clinging to the psychological $1,800-level as the precious metal consolidates Gold volatility looks...
SpaceX owns BTC, daily Dogecoin volume soared to nearly $1B in Q2, Grayscale eyeing DeFi and ETF: Hodler’s Digest, July 18–24
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...
$10B asset manager registers new Bitcoin fund with SEC
Stone Ridge Asset Management, the alternative investment manager behind New York Digital Investment Group, has filed a new prospectus with the United States Securities and...
Bitcoin price hits $34K as trader forecasts fresh weekend resistance showdown
Bitcoin (BTC) touched $34,000 on July 24 after the latest resistance flip held to propel the market higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView...
Bitcoin price hints at ‘megaphone’ bottom pattern, and a breakout toward $40K
Bitcoin’s (BTC) latest rebound from below $30,000 has increased its prospects of extending its retracement move higher, at least according to one classic technical pattern....
Bitcoin Outlook: Bullish Scenario May Play Out if Key Technical Support Holds
BITCOIN WEEKLY FORECAST: SLIGHTLY BULLISH Bitcoin’s medium term outlook remains negative, but a near-term bounce may be in the cards Crypto buyers could return to...
AUD/USD Rate Faces Australia CPI Report & Fed Rate Decision
Australian Dollar Talking Points AUD/USD faces a batch of key event risks going into the end of July as Australia’s Consumer Price Index (CPI) is...
Just HODL! Bitcoin and Ethereum outperform ‘lower risk’ crypto index funds
In the past two decades, index and exchange-traded funds (ETF) have become some of the most popular forms of investing because they offer investors a...
Price analysis 7/23: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
Bitcoin’s (BTC) recovery is facing resistance near $32,500, suggesting that the ride higher may not be an easy one. However, a positive sign is that...
FXT token taps into Binance Smart Chain following ERC-20 success
Crypto trading platform FXT announced the launch of a BEP-20 token after its ERC-20 token witnessed an impressive 1,500% growth since its launch back in January....
Bitcoin payments for real estate gain traction as crypto holders seek monetization
Crypto investors are betting big on real estate this year as the cryptocurrency market continues to grow. New York Digital Investment Group (NYDIG) recently conducted...
British Pound (GBP) Weekly Forecast: Attempts to Recover as Sentiment Shifts
GBP Analysis & News The lack of economic data leaves GBP crosses dependent on market sentiment GBP attempts to recover after a bad start to...
Canadian border town suspends Bitcoin mining over aesthetic concerns
Massena, a town in New York along the border with Canada, has placed a temporary suspension on new Bitcoin (BTC) mining operations in the area....
Bull or bear market, creators are diving headfirst into crypto
After an astronomical bull run into the beginning of this year that was followed by an abrupt halt and 50% drop since April, crypto markets...
$60K is now more likely for Bitcoin than $20K, Bloomberg’s senior strategist asserts
Bitcoin (BTC) has a better probability of recovering back to $60,000 than breaking below its current support level of $30,000 to target $20,000, believes Mike...
USD/JPY Rate Tracks Rebound in US Yields Ahead of Fed Rate Decision
Japanese Yen Talking Points USD/JPY attempts to retrace the decline following the semi-annual testimony with Fed Chairman Jerome Powell amid a rebound in longer-dated US...
US Dollar Firms as PMI Data Echoes Inflation Risk; Cue the Fed
US DOLLAR OUTLOOK: FLASH PMI REPORT FUELS USD BID AHEAD OF THE FED The US Dollar is stronger across the board of major currency pairs...
SEC Commissioner concerned about the US lagging behind global Bitcoin ETFs
Securities and Exchange Commissioner Hester Peirce has voiced concerns over the United States lagging behind global jurisdictions in adopting cryptocurrency exchange-traded funds (ETFs). During an online appearance...
Natural Gas Outlook: LNG Price Action Approaches Long-Term Resistance
NATURAL GAS (HENRY HUB) ANALYSIS LNG looks fundamentally bullish Low storage – supportive of sustained upward price action Key technical level breaks could prompt significant...
Gold (XAU/USD) and Silver (XAG/USD) at Critical Levels ahead of FOMC
Gold Silver Outlook: – Gold (XAU/USD) prices remain unfazed by ECB decision – Silver (XAG/USD) price action remains supported by psychological support at $25.00 –...
The Best Performing Women Led Companies
In an effort to raise awareness for women-led companies in the stock market, DailyFX has indexed the best performing companies that have a woman at...
GBP/USD Bounce Fizzles Out Despite Higher Retail Sales in June
Key Talking Points: GBP/USD unable to keep bullish momentum going Retail sales rise in June as social spending increases with Euro 2020 GBP/USD has not...
‘Ethereum Improvement Proposal 3675’ for the Eth2 merge launches on GitHub
A formal Ethereum Improvement Proposal (EIP) has been created for the network’s forthcoming chain merge, bringing Ethereum one step closer to realizing its highly anticipated...
Twitter and Intel Earnings Lift Nasdaq 100. APAC Stocks to Open Mixed
NASDAQ 100, HANG SENG, ASX 200 INDEX OUTLOOK: Dow Jones, S&P 500 and Nasdaq 100 indexes closed +0.07%, +0.20% and +0.66% respectively Both Twitter and...
Shanghai Man: US senators tell athletes to avoid digital yuan, Chinese exchange volumes rebound … and more
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in...
Aussie Dollar Slide May Resume on PMI Contraction, Extended Lockdowns
Australian Dollar, AUD/USD, PMIs, Services Sector- Talking Points Australian Dollar fundamental outlook darkens as services sector contracts Sparse economic docket may see lackluster trading session...
US Dollar Outlook: USD/JPY Mired by Yields, Flash PMIs Due
USD/JPY PRICE OUTLOOK: STRONG PMI DATA MIGHT STEER YIELDS & DOLLAR HIGHER The US Dollar whipsawed on Thursday and helped the DXY Index reverse its...
Nasdaq 100 Outlook: Strong Intel Earnings May Lead Stocks Higher
Nasdaq 100, Treasury Yields, Intel Earnings, Dow Jones – Talking Points Nasdaq 100 leads markets higher as Treasury yields decline following disappointing jobs data Intel...
South Korea to take action against unregistered crypto exchanges
The South Korean government announced today that crypto exchanges will face punishment if they have not voluntarily registered with the country’s authorities by September 24....
Rutger VanDerTas and Niels Broszat
Rutger VanDerTas and Niels Broszat drop in from the Guild to chat with DKleine. Niels Broszat and DKleine begin by discussing the horrors of colonialism...
A green revolution in crypto mining? Industry answers wake-up call
After having been hailed as a champion of sorts by many within the global digital asset market, Tesla CEO Elon Musk dropped a bombshell on...
16% Ethereum price rebound activates a classic bullish pattern — $2.5K next?
Ethereum’s native crypto Ether (ETH) rebounded sharply on Thursday after Elon Musk disclosed for the first time that his private rocket firm SpaceX holds Bitcoin...
Get a passport, pay crypto, live tax-free?
Way back in 2014, the United States Internal Revenue Service (IRS) ruled that cryptocurrency is property in Notice 2014-21. That classification as property has some...
USD/ZAR Outlook: Rand Fades as SARB Keeps Rates Unchanged
[embedded content] RAND ANALYSIS Local outlook remains contentious despite riot suppression. South African Reserve Bank (SARB) remains accommodative. USD/ZAR primed for bearish downturn. Advertisement ZAR...
NatWest cuts payment channels to Binance, citing regulatory uncertainty
NatWest, a major United Kingdom-based retail and commercial bank, has blocked all credit and debit card payments to crypto exchange Binance until further notice, the...
How much do you know about gift cards? Take our quiz to find out
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Decoupling ahead? Bitcoin and Ethereum may finally snap their 36-month correlation
Anish Saxena, a New Delhi-based automobile dealer, made “incredible” profits by investing in cryptocurrencies in 2020, just as his business took a hit from the...
Vitalik Buterin’s surprise cameo in Ashton Kutcher and Mila Kunis’ living room
Actor and venture capitalist Ashton Kutcher has published a video to Twitter featuring himself, his wife, Mila Kunis, and Ethereum co-founder Vitalik Buterin, to explain...
Ethereum must innovate beyond just DApps for DeFi degens: Vitalik Buterin
During his keynote at the Ethereum Community Conference in Paris, Ethereum co-founder and lead developer Vitalik Buterin implored the Ethereum community to innovate beyond the...
New Zealand Dollar Forecast: NZD/USD Up on Sentiment Recovery, OCR Bets
New Zealand Dollar, NZD/USD, AUD/NZD, Covid, Risk Trends, RBNZ – Talking Points New Zealand Dollar gains against most peers as global sentiment recovers RBNZ interest...
Record network activity and a second NFT boom send WAX price higher
Just a few days before Bitcoin (BTC) price plunged below $30,000, the NFT sector was dominating headlines for the second time in 2021, led by...
Euro Price Outlook: How Will the ECB Decision Impact EUR/USD?
EUR/USD PRICE OUTLOOK: EURO AWAITS ECB DECISION FOLLOWING STRATEGY REVIEW EUR/USD price action was propelled higher on Wednesday. The major currency pair likely benefited from...
Copper Prices Continue to Consolidate, but a Violent Breakout Could Come Soon
COPPER PRICE OUTLOOK: Copper prices remain trapped in a narrow range since late June Directionless price action points to indecision and a lack of conviction...
Gold Price Forecast: Is This The Calm Before The Storm?
[embedded content] Gold Price Forecast: Gold Price Forecast: Is This The Calm Before The Storm? Gold finds itself at a crossroad ahead of a major...
Oil Price Recovery Unfazed by Unexpected Rise in US Crude Inventories
Oil Price Talking Points The price of oil snaps the series of lower highs and lows carried over from the previous week as it extends...
Price analysis 7/21: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
Bitcoin (BTC) is leading the recovery in crypto markets today after the price rallied back above the $32,000 level. Sam Trabucco, a quantitative trader at...
Bitcoin price hits $32K but derivatives metrics still show signs of weakness
There’s no doubt that the last couple of months have been bearish for Bitcoin (BTC), but throughout this entire period, derivatives indicators have been relatively...
SEC Chairman says cryptocurrency falls under security-based swaps rules
The Securities and Exchange Commission, or SEC, may soon issue new rules for the regulation and registration of security-based swaps, including cryptocurrency. In a speech...
US Bitcoin mining giant Core Scientific set for Nasdaq listing via $4.3B SPAC deal
Core Scientific, one of the largest Bitcoin (BTC) mining operations in North America is set for a public listing on Nasdaq. According to CNBC on...
Multi-asset exchange wins crypto trading license in Bermuda
A multi-asset class trading firm in Bermuda has secured major regulatory approval allowing it to offer cryptocurrency trading services. Over-the-counter trading platform 24 Exchange has...
GPU price inflation dips slightly as Ether downtrend continues
Graphics processing units (GPUs) have become a little cheaper in July amid a continued downtrend in the price of Ether (ETH). According to a review...
Bitcoin security still a concern for some institutional investors
United Kingdom-based crypto fund Nickel Digital Asset Management released a survey of 100 wealth managers and global institutional investors to find out the biggest investor...
No, Jackson Palmer, you are wrong about crypto
15 years ago, the social media application Twitter was launched. You might have heard of it, it’s pretty big. Initially, the microblogging and social networking...
ETH developer Virgil Griffith back in jail after allegedly checking Coinbase account
Ethereum developer Virgil Griffith has violated the terms of his bail and has been taken into custody after he allegedly accessed his cryptocurrency account. The...
Dow Jones Rebound May Lead Hang Seng Higher, Netflix Earnings Miss
DOW JONES, HANG SENG INDEX, ASX 200 INDEX OUTLOOK: Dow Jones, S&P 500 and Nasdaq 100 indexes closed +1.62%, +1.52% and +1.23% respectively Cyclical sectors...
New Zealand Dollar Outlook: NZD/USD, AUD/NZD React to Covid Risks, RBNZ Policy Bets
New Zealand Dollar, Covid Lockdowns, Travel, NZD/USD, AUD/NZD – Talking Points New Zealand Dollar weakens against peers as regional risks threaten RBNZ policy bets Australia’s...
US Dollar Price Outlook: USD Might Weaken if Covid Fears Abate
US DOLLAR OUTLOOK: DELTA VARIANT CONCERNS FADE, RISKS USD WEAKNESS US Dollar price action strengthened against most FX peers during Tuesday’s trading session and left...
Crude Oil Price Forecast: Delta Variant Concerns Spark Sharp Reversal – The Macro Setup
[embedded content] Crude Oil Price Outlook: Crude Oil Price Forecast: Delta Variant Concerns Spark Sharp Reversal – The Macro Setup Crude oil suffered a sharp...
S&P 500 Rebounds as Netflix Kicks Off FAANG Earnings
S&P 500, Nasdaq 100, Netflix, Dow Jones Earnings – Talking Points S&P 500, Nasdaq 100, and Dow Jones all rebound sharply following Monday’s sell-off Netflix...
$13K Bitcoin price predictions emerge with BTC falling below historic trendline
Bitcoin (BTC) prices broke below a long-standing support wave that was instrumental in keeping its strong bullish bias intact after March 2020’s crypto market crash....
Onessus / DappRadar
Cointelegraph Magazine is a new publication that goes beyond the daily news and delves much more deeply into the stories, trends, and personalities that inspire...
New EU proposal looks to tighten regulations for sending cryptocurrency
The European Commission has submitted a new proposal that would require crypto-asset service providers to collect additional Anti-Money Laundering information from those who utilize cryptocurrency...
Bitcoin bull outlines 7 steps to more fiscal stimulus and higher BTC prices
A recent sell-off in the Bitcoin (BTC) market pushed its prices below the key psychological support of $30,000. While the cryptocurrency’s move downhill prompted many...
Coercion and coexistence: How El Salvador’s Bitcoin Law may change global finance
“Clearly, the thing that’s transforming is not the technology — the technology is transforming you.” Jeanne Ross, formerly of the MIT Sloan Center for Information...
Bitcoin erases 2021 gains as BTC price falls to ‘biggest bid ever’ on Binance
Bitcoin (BTC) breaking below $30,000 has cost it almost all of its 2021 bull run gains — but a historic silver lining is ready to...
After ‘7/20’ social media campaign, Sushi reveals all-in-one AMM ‘Trident’
After months of bluster and braggadocio, decentralized finance (DeFi) platform Sushi is finally revealing the long-awaited “7/20” project update — but it remains to be...
Rothschild Investment Corp has increased its Bitcoin exposure by 300% since April
Billion-dollar investment firm Rothschild Investment Corp quadrupled its exposure to Bitcoin (BTC) since April, new records show. In a filing with the United States Securities...
Bank of Korea selects Kakao’s blockchain arm for digital won tests
The central bank of South Korea has chosen a blockchain subsidiary of local internet giant Kakao as a technology provider for its digital currency pilots....
US megabank JPMorgan to hire more blockchain talent
Major American investment bank JPMorgan is upping its blockchain hiring spree by posting a series of new blockchain-related job openings. JPMorgan has opened multiple positions...
No hard fork love for Ethereum as ETH price falls to a three-week low
Ether (ETH) prices slid on Tuesday in tandem with Bitcoin’s (BTC) drop below $30,000. The ETH/USD exchange rate dropped 5.41% to an intraday low of...
Bitcoin falls to sixth for daily revenue, with just 12% of Ethereum’s fees
Ethereum appears to be extending its fee dominance over Bitcoin by roughly 10 times, with Bitcoin currently ranking just sixth by weekly fee generation. According...
Pershing Square SPAC Deal With Universal Music Group Falls Through
SPAC, Pershing Square, Universal Music Group – Talking Points: Pershing Square Tontine Holdings backs out of deal to acquire 10% Universal Music Pershing Square Holdings...
Japanese Yen Forecast: USD/JPY Falls with Treasury Yields on Haven Flows
Japanese Yen, Safe-haven flows, Treasury Yields, Sentiment – Talking Points Asia-Pacific markets set for a rough session as risk aversion grips markets Japanese Yen attracts...
French government pushes for one agency to regulate crypto across the EU
The government of France has proposed that the European Securities and Market Authority, or ESMA, should regulate digital currency activity across the European Union. If...
Polygon launches blockchain gaming and NFT studio
Ethereum (ETH) infrastructure developer Polygon has spun off a new subsidiary to advance its work in blockchain gaming and nonfungible tokens, or NFTs, offering further...
Nasdaq 100 Forecast: Stock Rout Sees Index Seek Trendline Support
Nasdaq 100 Price Outlook: Nasdaq 100 Forecast: Stock Rout Sees Index Seek Trendline Support The Nasdaq 100 is on the backfoot alongside other risk assets...
Price analysis 7/19: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
Bitcoin (BTC) broke below the immediate support at $31,000 today and that has resulted in selling across several major altcoins. Coincidently, the fresh push to...
New Zealand Dollar Forecast: NZD/USD Rate Defends Monthly Range
New Zealand Dollar Talking Points NZD/USD appears to be defending the monthly range as it bounces back from the session low (0.6921), and the exchange...
China is pumping money out of the US with Bitcoin
The ongoing United States-China trade war is in its fourth year. Former U.S. President Donald Trump saw different results from what he initially expected: America...
USD/CAD Rally Sends RSI Into Overbought Zone for Second Time in 2021
Canadian Dollar Talking Points USD/CAD extends the advance following the Bank of Canada (BoC) interest rate decision to trade above the 200-Day SMA (1.2626) for...
Bitcoin price dives below $31K after lowest weekly close in 8 months
Bitcoin (BTC) fell below $31,000 support on Monday after sideways trading gave way to downside pressure. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fresh pain...
Seized PS4 consoles in Ukraine used for FIFA accounts, not crypto mining
Last week, Cointelegraph reported on the seizure of 3,800 PlayStation consoles allegedly being used to mine cryptocurrency. The confiscated gaming units were among a stash...
Ethereum documentary featuring Vitalik Buterin raises $1.9M in 3 days
The cryptocurrency community is highly anticipating the release of a new documentary about the Ethereum blockchain, with the film’s funding campaign exceeding expectations. A crowdfunding...
Grayscale ‘100% committed’ to turning GBTC into Bitcoin ETF — CEO
The head of crypto investment giant Grayscale believes that only a “couple of maturation points” separate the United States from its first Bitcoin (BTC) exchange-traded...
South China Morning Post to tokenize 118-year-old archive with NFTs
Veteran Hong Kong-based newspaper South China Morning Post (SCMP) is creating a series of NFTs using a new token standard called “ARTIFACT,” designed to preserve...
Bitcoin mining difficulty drops for fourth time in a row
Amid the ongoing crackdown on cryptocurrency mining in China, mining new Bitcoin (BTC) continues getting easier as BTC has experienced another mining difficulty drop. On...
High-profile Ethereum co-founder quits crypto over safety concerns
Ethereum co-founder Anthony Di Iorio has announced his intention to exit the crypto industry, expressing concerns over his personal safety. According to a Saturday report from Bloomberg, Di...
AUD/USD Under Fire as Australian Lockdowns Ramp Up, Risk Trends in Focus
Australian Dollar, AUD/USD, Asia-Pacific, Covid, Sentiment – Talking Points Australian Dollar faces worsening picture as local lockdowns expand Asia-Pacific markets left to prevailing trends on...
Tory Bryant
Award-winning artist Tory Bryant joins DKleine to chat about her recent entry into the NFT scene following years of experience developing 3D printing technologies used...
$31.5K Bitcoin price on track for lowest weekly close of 2021
Bitcoin (BTC) was on track to lose nearly $3,000 this week as a weekend of mixed price behavior came to an end. BTC/USD 1-hour candle...
Markets Week Ahead: Dow Jones, DAX 30, US Dollar, Euro, ECB, Bitcoin, Elon Musk
Global market sentiment mostly deteriorated this past week, with major benchmark indices underperforming in North America and Europe. On Wall Street, the Dow Jones, S&P...
Four North American Bitcoin miners that could benefit from the East-West shift
Even before China finally wielded the ban hammer on crypto mining, Bitcoin (BTC) miners in North America had been building up their capacity amid efforts...
Bitcoin sees second-longest bull market drawdown with BTC price ‘stuck’ at $30K
It’s now three months since the last Bitcoin (BTC) all-time high, but one measure suggests that holders may be waiting even longer for the next....