An Unconvincing S&P 500 Rally – Stagflation, Finally
Published by ValueWalk S&P 500 rally yesterday was totally unconvincing, and allowed for most opportune short positions initiation. Combined with my increasingly bearish calls for stocks to roll over, today is one of those days to celebrate. The analysis today…
Sudden rise in price of Bitcoin shows investors are embracing onset of increased crypto regulation
Published by City AM By Darren Parkin Bitcoin hit nearly $25,000 early Thursday morning as investors appeared to dismiss concerns about enhanced crypto regulation being introduced. The world’s largest cryptocurrency by market capitalisation jumped around 3%, trading at $24,720. August…
Bitcoin smashes six-month high as markets make a sudden move to the upside
Published by City AM By Darren Parkin Well that escalated quickly. Bitcoin is trading at $24,620 this morning, an increase of 11% over 24 hours. Ethereum is up by 8%, trading for $1,685. It’s green across the board. Solana is…
Top Crypto Lawyer Reveals the Biggest Danger to Ripple in SEC Lawsuit
The post Top Crypto Lawyer Reveals the Biggest Danger to Ripple in SEC Lawsuit appeared first on Coinpedia Fintech News John Deaton, a prominent member of the cryptocurrency legal community and an advocate for XRP, has identified the primary risk…
A New Twist In Terra-LUNA Crisis Investigation, Do Kwon To Get Arrested Soon ?
The post A New Twist In Terra-LUNA Crisis Investigation, Do Kwon To Get Arrested Soon ? appeared first on Coinpedia Fintech News The saga between Terra-Luna, its founder Do-Kwon and South Korean prosecutors looks like a never ending one. It…
Binance USD (BUSD) Stabilizes at $1 After CEO Clarifies Connection to Paxos-Issued Token
The post Binance USD (BUSD) Stabilizes at $1 After CEO Clarifies Connection to Paxos-Issued Token appeared first on Coinpedia Fintech News The Binance USD (BUSD), the third-largest stablecoin by market cap, is returning to its intended $1 peg after Binance…
The FTX Fallout and why DEXes are the future
It is always tough when a few undo the work of the majority in propelling an industry forward. The crypto industry has had its share of trusted entities unravel, leading to millions in losses of customer funds. The Mt. GOX…
CPI Data Turns Out Higher Than Expected, But Bitcoin Price Might Soon Hit $25K
The post CPI Data Turns Out Higher Than Expected, But Bitcoin Price Might Soon Hit $25K appeared first on Coinpedia Fintech News Recently, during the FOMC meeting, the Federal Reserve had a soft approach towards interest rate hike as there…
Is History Repeating Itself with a Dot Com-Style Crash? Analyst Issues Warning!
The post Is History Repeating Itself with a Dot Com-Style Crash? Analyst Issues Warning! appeared first on Coinpedia Fintech News The dot-com bubble, which affected tech stock prices in the late 1990s and early 2000s, was caused by media coverage…
US CPI Collides with the First Weekly Bitcoin Death Cross- Where will the BTC Price Head Next?
The post US CPI Collides with the First Weekly Bitcoin Death Cross- Where will the BTC Price Head Next? appeared first on Coinpedia Fintech News The price of Bitcoin appears to be baffling as the token underwent the historic weekly…