Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
NZD/USD retakes 0.6100 mark amid weaker USD, upside potential seems limited
NZD/USD draws support from a modest US weakness and a positive risk tone. Fed rate cut uncertainty should limit the USD losses and cap gains for the pair. China’s economic woes further warrant caution for aggressive bullish traders. The … [Continue reading]
Layer 1 tokens that are likely dead coins, fail to recover this cycle: XTZ, IOTA, KLAY, ALGO, EOS
Crypto cycle has been dominated by AI tokens and meme coins, while Layer 1 tokens like XTZ, IOTA, KLAY, ALGO, EOS pile losses. The assets wiped out over 75% of their value in the ongoing crypto cycle, with less hope for recovery. The … [Continue reading]
Over 1 million people hold at least one Bitcoin, here’s where BTC is headed
Data shows over 1 million wallet addresses hold a minimum of one Bitcoin as of June 30, per Glassnode data. Nearly 82% of Bitcoin holders are currently profitable as BTC holds steady above $61,500. Bitcoin faced a choppy week, analysts … [Continue reading]
Crypto token unlocks worth over $730 million in July: DYDX, SUI, ARB, AXS, APE among top assets
Crypto token unlock events in July are likely to flood the market with over $730 million in assets. DYDX, SUI, Arbitrum, Axie Infinity and ApeCoin rank among the top assets with scheduled unlocks in July. Large scale token unlocks … [Continue reading]
China NBS Non-Manufacturing PMI registered at 50.5, below expectations (51) in June
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
China NBS Manufacturing PMI meets forecasts (49.5) in June
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
AAVE TVL climbs past $12 billion, DeFi token crosses $95
AAVE total value locked in the chain has crossed $12.34 billion, per DeFiLlama data. AAVE added nearly 17% to its value this week, surged to $95.63 on Saturday. The DeFi token dominates the crypto lending sector with 41% share. … [Continue reading]
Coinbase Chief Legal Officer says SEC and Chair Gary Gensler blocked the reveal of key documents
Coinbase Chief Legal Officer Paul Grewal said Chair Gensler and SEC seek to prevent key documents from coming to light. Grewal said the exchange has asked SEC Chair to produce documents concerning communication on regulation of crypto … [Continue reading]
Uniswap, Shiba Inu are undervalued while Bitcoin, Ethereum and Toncoin are overvalued, on-chain data shows
On-chain metrics identify crypto tokens as undervalued and overvalued based on trader returns. Santiment’s MVRV Z-Score reveals Bitcoin, Ethereum and Toncoin are overvalued, Uniswap and Shiba Inu are undervalued. UNI, SHIB prices dropped … [Continue reading]