Category Archive: Cryptocurrency, No picture
Samourai Wallet founders’ arrests are ‘a wake up call for crypto’ — Bitcoin pioneer Amir Taaki opines
Amir Taaki, an anarchist revolutionary, hacktivist, and programmer known in the crypto space as one the first Bitcoin core developers, has spoken out on the Samourai Wallet indictment.In a recent blog post, Taaki urged the crypto community to “step up” its game in the face of heightened state-sanctioned regulation and governmental oversight. Taaki regards the […]
For TSLA, Future And Present; Plus Hang Seng
Image Source: Unsplash For the second time in less than a week, I find myself writing about Tesla (TSLA) on the heels of yet another double-digit percentage gain. Last week, the story was about TSLA’s stunning post-earning rise. At that time, we wrote: With results like these [huge misses on revenues, EPS, and cash flow], any normal […]
Is PayPal Stock A ‘Buy’ Ahead Of Q1 Earnings
Image Source: Pexels PayPal Holdings Inc (Nasdaq: PYPL) has returned about 20% since early February but a Deutsche Bank analyst is convinced the stock could gain further in coming weeks. PayPal stock has upside to $74 Bryan Keane reiterated his “buy” rating on the financial technology giant last week and said its shares could climb to $74 – […]
Less than 0.5% of Runes tokens were successful, highlights analyst
Since the Runes launch, less than 0.5% of the meme coins created using this protocol were “successful.” Guiriba, a crypto analyst at Brazilian research firm Paradigma Education, shared on X that only 77 meme coins in the over 20,000 tokens launched have over 500 holders.Guiriba describes that the two most common ways to acquire Runes […]
Fed Meets On Rates And Unemployment Ahead This Week. The Corn And Ethanol Report
Image Source: Unsplash We kicked off the day with Dallas Fed Manufacturing Index at 9:30 A.M., Export Inspections at 10:00 A.M., 3-Month & 6-Month Bill Auction at 10:30 A.M., Treasury Refunding Financing Estimates at 2:00 P.M., and Crop Progress at 3:00 P.M.What we see ahead so far this week is FOMC Meeting tomorrow and decision on […]
FTSE Continues To Extend Its Record Break Run Aided By M&A News
Image Source: Pexels On Monday, Britain’s FTSE 100 continued its record-breaking rally, driven by increases in Anglo-American following reports of a potential improved buyout offer from BHP Group, and AstraZeneca’s advancements in certain treatments. The blue-chip FTSE 100 reached an all-time high of 8,185.69 points, rising 0.4% and marking gains in eight of the last nine […]
SEC considers Ethereum unregistered security for at least a year: FOX Business
The Securities and Exchange Commission (SEC), led by Chairman Gary Gensler, has been operating under the belief that Ethereum (ETH), the second-largest crypto, is an unregistered security. This perspective has been held for at least a year, FOX Business reported on Monday, citing recent court filings.The filings emerged from a lawsuit filed by Ethereum software […]
USD/CAD Remains Supported Above 1.3640 Ahead Of Fed’s Policy Announcement
The USD/CAD pair holds auction above the immediate support of 1.3460 in Monday’s early American session. The Loonie asset finds support as the US Dollar Index (DXY) rebounds after discovering buying interest near the previous week’s low of around 105.46.The USD Index finds support as investors shift focus to the Federal Reserve’s (Fed) monetary policy decision, which will be announced on […]
Yen Dumps Before It Jumps
The FOMC meeting, the US employment report, and eurozone CPI were to be the highlights of the week, but the Japanese yen stole the march to start the week. The dollar soared to almost JPY160.20 before falling sharply to JPY154.55 and then rebounding to almost JPY156.00. Intervention has not been confirmed and BOJ data will […]
“Bitcoin signals a potentially advantageous buying opportunity,” highlights Bitfinex report
The open interest (OI) funding rate for Bitcoin (BTC) futures and the MVRV ratio are showing “advantageous buying opportunity,” according to the latest “Bitfinex Alpha” report.The OI turned positive on April 24, suggesting a growing interest in long positions and a shift from bearish to bullish market sentiment. Meanwhile, the MVRV, which measures Bitcoin’s market […]
