Mantle (MNT) is trading above a short-term support at $1.28 at the time of writing on Monday, as the broader cryptocurrency market stabilizes in the wake of last week’s monetary policy-triggered volatility. If bulls tighten their grip further, MNT … [Continue reading]
Bitcoin Price Forecast: BTC struggles to regain $90K as bearish pressure persists
Bitcoin (BTC) steadies above $89,000 at the time of writing on Monday, after failing to break above a descending trendline last week. Meanwhile, modest inflows into US-listed spot Bitcoin Exchange Traded Funds (ETFs) suggest improving institutional … [Continue reading]
Bittensor price forecast: TAO faces bearish pressure ahead of halving event
Bittensor (TAO) edges higher by over 2% at press time on Monday, recovering from a 5% loss on Sunday. Bittensor’s recovery is underpinned by its halving event scheduled for Monday, which would reduce daily supply emissions by 50% to 3,600 TAO tokens. … [Continue reading]
China Retail Sales (YoY) registered at 1.3%, below expectations (2.9%) in November
The EUR/USD pair kicks off the new week on a softer note, though it remains within striking distance of the highest level since early October, touched last Thursday. Spot prices currently trade around the 1.1730 region, down less than 0.10% for … [Continue reading]
Key Hyperunit whale expands Ethereum position amid weak prices
A major crypto whale has opened a long position in Ethereum (ETH) worth more than half a billion dollars on the Hyperliquid exchange.According to Arkham Intelligence data, the entity, popularly known as the $10 billion Hyperunit whale, pulled $110 … [Continue reading]
Ripple, Circle and others receive conditional approval for US banking charter
The US Office of the Comptroller of the Currency (OCC) announced on Friday that it has conditionally approved national bank trust charters for several digital asset firms.Ripple and Circle received the approval for their respective entities, Ripple … [Continue reading]
Eurozone CFTC EUR NC Net Positions up to €990K from previous €91.8K
Gold now gives away some gains and disputes the key $4,300 zone per troy ounce following earlier multi-week highs. The move is being driven by expectations that the Fed will deliver further rate cuts next year, with the yellow metal climbing … [Continue reading]
United States CFTC S&P 500 NC Net Positions fell from previous $-163.9K to $-1474K
Gold now gives away some gains and disputes the key $4,300 zone per troy ounce following earlier multi-week highs. The move is being driven by expectations that the Fed will deliver further rate cuts next year, with the yellow metal climbing … [Continue reading]
Australia CFTC AUD NC Net Positions fell from previous $-71.6K to $-759K
Gold now gives away some gains and disputes the key $4,300 zone per troy ounce following earlier multi-week highs. The move is being driven by expectations that the Fed will deliver further rate cuts next year, with the yellow metal climbing … [Continue reading]
United States CFTC Oil NC Net Positions up to 692K from previous 74.9K
Gold now gives away some gains and disputes the key $4,300 zone per troy ounce following earlier multi-week highs. The move is being driven by expectations that the Fed will deliver further rate cuts next year, with the yellow metal climbing … [Continue reading]