It’s amazing how our trading psychology improves when we take the time to step back, review macro markets, and understand what is going on in the heads of large money managers. Consider the recent stock market: * Growth-related sectors have been particularly weak. Check out the XLK (technology) and XLY (consumer discretionary) ETFs. * …
Non-Fungible Token (NFT) marketplaces built on Bitcoin are experiencing acute market share fragmentation with Magic Eden having the largest share. More specifically, of the market for Bitcoin-based NFTs, Magic Eden controls 61.04% and is the dominant force. Trailing behind, OKX captures a substantial 28.84%, showcasing its vital role in the NFT marketplace. CoinGecko, an on-chain…
The Nigerian blockchain payment platform Bitmama has partnered with the decentralized finance platform Mansa to improve cross-border payment accessibility in Africa. This partnership aims to enhance consumer payment capabilities and support trade across borders. Mansa’s liquidity solution has reportedly already helped foster financial inclusion in other regions. Bridging the Funding Gap The Nigerian blockchain payment…
Applied Digital stock (APLD) has recently experienced significant volatility, driven by several pivotal developments. One of the most impactful was a $160 million funding round, which included a substantial investment from Nvidia, a dominant player in the AI chip market. This article Nvidia just poured $160 million into Applied Digital Stock… and it skyrocketed 76%…
Litecoin might be off the radar for many retail crypto traders, but on-chain data suggests otherwise for crypto whales. Insights from Santiment, a well-regarded on-chain analytics platform, indicate a notable surge in whale activity on the Litecoin blockchain since the final week of August. While spikes in whale activity are not entirely new for Litecoin,…
In the evolving landscape of cryptocurrency, 8Ships is carving a niche dedicated to bridging the gap between global audiences and Japan’s unique artistic offerings. Despite the widespread admiration for Japanese culture, access to its creators remains limited, particularly for international patrons seeking authentic experiences. Terry, a finance professional with a rich background in both Japanese…
cemagraphics The technicals on the S&P500 (SPY) sure pointed me in the wrong direction last week. After a highest ever monthly close in August combined with a highest ever weekly close and a bull flag on the daily chart, the conclusion had to be that the odds favoured a break higher (although I made the…
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Bitcoin remains below $55,724 support, but the selling may be reducing, increasing the possibility of a relief rally in UNI, SUI, OP and HNT. Source link
The world of meme coins has always been driven by community hype, creativity, and the desire to generate substantial profits. In 2024, three meme tokens—PepeCoin (PEPE), Brett (BRETT), and the rising star, Mpeppe (MPEPE)—are showing their potential to become top players in this unique sector of the crypto market. As investors from PepeCoin (PEPE) and…