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 came in at 49, below expectations (49.5) in December
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]
Bitcoin price sustains above $41,500 despite rising BTC exchange supply
Share: Bitcoin exchange supply has climbed steadily in the past three days. BTC price sustained above $41,500 on Saturday, as statistics reveal that over 30% of Bitcoin supply is considered lost. Bitcoin price is in an uptrend despite … [Continue reading]
Bitcoin Spot ETF wars: Bitwise S-1 filing reveals $200 million seed, beats BlackRock’s $10 million
Share: Bitwise filed SEC S-1 form, indicating that an entity is going to seed BITB with $200 million. BlackRock earlier indicated that the firm would seed its Bitcoin Spot ETF with $10 million. Bitwise is yet to name its authorized … [Continue reading]
PancakeSwap community votes to remove 300 million CAKE from supply
Share: PancakeSwap community’s voters are 98% in favor of a proposal to remove 300 million CAKE from the asset’s supply. CAKE token’s total supply will be reduced to a maximum cap of 450 million according to the proposal. CAKE price rallied … [Continue reading]
Zcash and Dash price crash by 10% after crypto exchange OKX announces their delisting
Share: Dash price dropped by 10.4%, falling to $33 at the time of writing. Zcash price witnessed a near-equal drop as well, with the altcoin trading below $30, losing the support of all three EMA. The world’s fourth largest crypto exchange, OKX, … [Continue reading]
Valkyrie, Fidelity appoint ex-FTX delinquents’ employer as AP for spot Bitcoin ETF; fee war begin
Share: Spot Bitcoin ETF applicants - Valkyrie and Fidelity updated their filings, naming Jane Street as their Authorized Participants. Jane Street was the former employer of FTX founder Sam Bankman-Fried and Alameda Research’s Caroline Ellison. On … [Continue reading]
Spot BTC ETF: Analyzing sell the news event if an approval does come
Share: Window for spot BTC ETFs is barely a week out from opening, between January 5 and 10, ETF experts say. The market has cooled off ahead of 2024, with traders exercising caution evidenced by the dwindling trading volume. Concerns over a … [Continue reading]
Mexican Peso struggling to reverse Thursday’s losses on the last trading day of 2023
Share: The Mexican Peso is rebounding from Thursday’s US session backslide. Mexico's government budget balance to wrap up economic calendar for 2023. US data continues to print in the red, US Chicago PMI misses the mark. The Mexican Peso (MXN) is … [Continue reading]
Colombia National Jobless Rate declined to 9% in November from previous 9.2%
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]