Category Archive: Cryptocurrency, No picture
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 […]
Forex Today: Bitcoin Breaks $100,000
Image Source: Unsplash Bitcoin, the world’s largest cryptocurrency, traded above $100,000 for the first time ever today. The cryptocurrency Bitcoin has finally made a bullish breakout beyond $100,000 after spending a couple of weeks consolidating below this significant level, which is likely to be a pivotal point for the world’s largest cryptocurrency. Trend and momentum traders will be […]
FX Daily: Most Focus Is On The Yen
Image Source: Unsplash FX markets are consolidating ahead of tomorrow’s big US jobs release and the dollar is a little softer after the ISM Services release disappointed expectations yesterday. The collapse of the French government has not had much impact on the euro and most of the short-term focus is on whether the Bank of Japan […]
Japan’s trusted crypto media, JinaCoin, delivers Bitcoin analysis
Share this article Bitcoin (BTC) Price AnalysisThe price of Bitcoin reached $100,000 today, December 5th, around 11:00 AM, and as of the time of writing, it has surged further to $103,000. Yesterday, December 4th, Wednesday’s trading session closed with a +2.87% increase compared to the previous day, forming a bullish candlestick.During yesterday’s trading, Bitcoin successfully […]
Looking Ahead To The Q4 Earnings Season
Image Source: Unsplash For 2024 Q4, total S&P 500 earnings are currently expected to be up +7.5% from the same period last year on +4.7% higher revenues. Earnings estimates for the period have steadily come down since the quarter got underway, with the current +7.5% growth rate down from +9.8% in early October. Q4 earnings are […]
