Popular Crypto Analyst Highlights ‘Crucial Breaker’ for Bitcoin, Says Markets Due for a Squeeze
Bitcoin Needs to Break $23,800 for Bullish Continuation, Says Popular Crypto Analyst Michaël van de Poppe, a widely-followed crypto trader, has identified a key price zone that Bitcoin (BTC) must break through for bullish continuation. The trader has warned his 650,000 Twitter followers that the $23,800 price zone is a “crucial breaker” for BTC markets […]
Could be in position to pause by mid to late summer
Federal Reserve Bank of Atlanta President, Raphael Bostic, has hinted that the central bank could take a break from its current tightening cycle by late summer. He believes that a 25 basis points rate hike in March could be on the horizon, but stresses that the Fed is keeping a close eye on incoming data […]
New York increases the number of conditional adult-use retail dispensary licenses to 300 from 150
The New York State Office of Cannabis Management has announced a major expansion of the conditional adult-use retail dispensary (CAURD) licensing program. The number of conditional adult-use retail dispensary licenses is being doubled from the original allotment of 150 to 300. The program seeks to provide licenses to those who have previously been impacted by […]
Decline In Bitcoin Whale Activity Could Signal Further Downside For BTC Price
The volatile nature of cryptocurrencies is well known to both traders and investors in the market. This year, the price of Bitcoin has seen both highs and lows. After a bullish January where prices of the digital asset surged to pre-FTX collapse levels, the asset’s momentum suddenly hit a roadblock, signaling possible sell-offs. However, a […]
Gold is an attractive asset for 2023 – SocGen
Gold Investment set to provide Great Returns in 2023 as Société Générale Strategists Foresee an End to USD Dominance As we approach 2023, strategists at Société Générale believe that gold exposure is set to provide great returns, with the precious metal offering protection against systemic risk. With the end of USD dominance looming and several […]
USD Index Price Analysis: Consolidation likely ahead of further gains
the 105.00 mark, DXY faces the next resistance at the 105.30 level. The US Dollar Index (DXY) has been exhibiting a strong recovery this week, quickly erasing Wednesday’s marked pullback. After breaking the 105.00 mark on Tuesday, the DXY has been steadily climbing higher, reclaiming the 105.00 mark and beyond. The DXY is an index […]
Ren Token Records 18% Growth Amid Growing Interest in Multi-Chain Projects
Ren Protocol (REN) has been one of the few cryptocurrencies that has gained in value while many others have been in consolidation. On March 1, CoinMarketCap data showed that the price of REN had risen by 25.93% in the last 24 hours. This increase in price was accompanied by a surge in trading volume, which […]
Treasury curve more deeply inverted after China data on manufacturing activity
The spread between two- and ten-year Treasury yields went even more deeply negative on Wednesday after data on China’s expanding manufacturing activity stoked further worries about the need for higher interest rates. The 2s10s spread, the difference between the yields of two- and ten-year Treasury notes, was minus 88 basis points in New York morning […]
Best Buy beat?
Best Buy is an iconic American multinational consumer electronics retailer, with its headquarters located in California. The company offers a wide range of products, ranging from phones and computers to video games and appliances. With the US consumer confidence showing some early signs of weakening, investors are now wondering how this will affect Best Buy’s […]
The Sandbox warns users of security breach used for email phishing campaign
The Sandbox, a blockchain-based metaverse company, recently released a warning regarding a security breach. An unauthorized third party accessed an employee’s computer and sent a fraudulent email to the platform’s users. The email was titled “The Sandbox Game (PURELAND) Access,” sent on Feb. 26, and contained links that could install malware on a user’s computer […]