Category Archive: Cryptocurrency, No picture
Solana meme coin GME surges 65% as Roaring Kitty signals comeback
Key Takeaways Solana-based meme coin surged 65% following Roaring Kitty’s cryptic message. GameStop shares saw a 15% increase leading to trading halts due to volatility. Share this article GameStop champion Keith Gill, known as “Roaring Kitty,” sparked market movements after posting a cryptic message on X, leading to price surges in both GameStop shares and […]
A Deep Dive Into Remitly
Image Source: Unsplash It is an extraordinarily common pattern. Young people will emigrate to a major western economy, like the United States, or Canada, etc., to find well-paying employment. Gainfully employed, they will then dutifully and regularly transfer funds back to family in their home country to support healthcare, education, and other basic needs.The process of […]
Chinese app giant sells all Bitcoin ahead of $100,000 milestone
Key Takeaways Meitu sold 940 Bitcoin and 31,000 Ethereum for $180 million before Bitcoin reached $100,000. 80% of the proceeds from Meitu’s crypto sale will be distributed as a special dividend. Share this article Chinese tech company Meitu had sold its entire crypto holdings of 940 Bitcoin and 31,000 Ethereum for $180 million, exiting the […]
Crypto Surge Sparks Market Frenzy: Today’s Must-Watch Picks
Macro OverviewToday’s markets are buzzing with the explosive rally in Bitcoin, which finally breached the $100,000 milestone—a psychological and technical barrier that has now flipped into robust support. This breakthrough redefines Bitcoin’s trading range, setting the stage for continued gains. Analysts anticipate a swift climb to $105,000-$110,000 as sentiment surges, marking a pivotal shift in […]
Bitcoin sees more upside above $100K driven by long-term holder dominance: CryptoQuant
Key Takeaways Bitcoin surpassed $100,000 as long-term holders control 74% of supply. Bitcoin’s market dominance reaches 57%, solidifying its status as the largest crypto asset. Share this article Bitcoin broke the $100K milestone for the first time early Thursday, entering a new phase of price discovery.While Bitcoin’s price movements could trend in either direction, a […]
Phantom Wallet expands to Sui network in pursuit of multichain dominance
Key Takeaways Phantom Wallet has expanded to support the Sui network, adding to its existing support for Bitcoin, Ethereum, Polygon, and Base blockchains. Sui’s value has increased by over 100% in the past month, attracting interest in alternative Layer 1 blockchains. Share this article Phantom Wallet has expanded support to the Sui network as part […]
S&P 500, DAX And Bitcoin At New Highs Amid Insatiable Risk Appetite
Image Source: Unsplash Risk appetite continued to remain insatiable in the first half of Thursday’s session, with BTCUSD surging through $100K hurdle and some to reach $104K, while the German DAX index hit yet another record high, reaching north of 20,300. In the US, the S&P and Nasdaq both closed at new highs on Wednesday. Index […]
FX Options Insights – Thursday, Dec. 5
Image Source: Unsplash The upcoming NFP and ECB events have set EUR/USD FX options for volatility. Implied volatility reflects the actual risk of volatility, which is a crucial component of option premiums. Currently, the implied volatility for EUR/USD FX options is lower as the spot price remains steady above 1.0500. The implied volatility for a one-month […]
USD/CAD Slides Back Closer To Mid-1.4000s Amid Modest USD Weakness
The USD/CAD pair struggles to capitalize on its weekly gains registered over the past three days and attracts some sellers during the first half of the European session on Thursday. Spot prices slide closer to mid-1.4000s in the last hour, though any meaningful downfall still seems elusive ahead of the crucial monthly employment details from the US […]
Dollar General Fails To Meet EPS Expectations With Q3 Results
Image Source: Unsplash Dollar General Corporation (NYSE: DG) has released its financial results for the third quarter of fiscal 2024, showcasing a mixed performance amidst challenging conditions. The company reported a 5.0% increase in net sales, reaching $10.2 billion compared to $9.7 billion in the same period last year. This growth was driven by new store openings and […]
