Advertisement     XRP has been on the right footing for the past few weeks since the eighth-largest cryptocurrency has witnessed a notable leg up. For instance, according to CoinGecko data, XRP has increased 36.9% in the past two weeks to hit $0.60. Santiment acknowledged that heightened shark and whale holdings were instrumental in…
The sudden shutdown of ZKX, a social derivatives trading platform on the Starknet layer-2 network, drew the ire of both investors and market makers. The closure, announced on July 30 by founder Eduard Jubany Tur, cited a lack of economic feasibility for the project as the primary reason. However, the abruptness and lack of communication…
Join Our Telegram channel to stay up to date on breaking news coverage Clearly, the crypto market is in a consolidation phase, and it’s too early to pick a winning side, whether it is bulls or bears. Investors fear that the crypto bulls might capitulate in the coming weeks as the price of BTC makes…
Bitcoin falls 5.69% to $58,987 Source link
By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on July 30th. This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong…
QQQ sell of continues and closed with a indecision candle. Market oversold enough to catch a bounce but bears remain in control. Active trading both and long and short depending upon price action. Follow me on X/Twitter for real time trading setups @szaman and on StockTwits @szaman. Watch us trade these stocks LIVE, in real-time. Click…
Grayscale’s Ethereum Trust (ETHE) has seen a notable reduction in outflows during its second week of trading, following a $1.5 billion outflow in the initial week. According to blockchain analysis firm Arkham Intelligence, ETHE experienced an 80% drop in outflows as the second week progressed. Why Grayscale’s ETHE Outflows Declined On July 29, approximately 108,800…
Sprinkle of This Occasionally, we find indicators are simple yet clever. Like, why didn’t we all think of that. Our search stopped over something that was pretty nifty in its own way. No overly complicated formulas drawing on calculus, black hole math, and Einsteinian (is that a word) far-fetched concepts. Sprinkle of That This week,…
This week, the calendar served up a heavy load of top tier catalysts, and our strategists decided to focus on the Australian CPI update and Bank of England monetary policy statement for this week’s price outlook discussions. Out of the four scenario/price outlook discussions this week, two discussions arguably saw both fundie & technical arguments…
Bullish futures bets lost nearly $200 million, CoinGlass data shows, as more than 97,000 traders were liquidated in the past 24 hours on the sudden market movements. ETH longs led losses at $55 million, followed by bitcoin longs at $43 million, the data shows. Source link