Bookmarking Crypto Insights
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U.S. equities markets jumped on Thursday as stock traders saw some relief after a number of weekly losses. All the major stock indexes rebounded after falling for nearly eight weeks in a row, while the crypto economy took some losses on Thursday, losing roughly 4% against the U.S. dollar during the past 24 hours. Meanwhile … Read more
Crumbling tech stock prices, declining DApp use and bearish derivatives data continue to pin ETH price below $2,000. Go to Source Powered by WPeMatico
Strongly bearish fundamentals act as tailwind to Avalanche’s technically bearish setup. Go to Source Powered by WPeMatico
Recession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows. Go to Source Powered by WPeMatico
Bitcoin is holding the $30,000 level, but the $640 million in BTC options that expire on May 20 could result in the price visiting recent lows. Go to Source Powered by WPeMatico
FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give U.S.-based customers the ability to purchase stocks and exchange-traded funds (ETFs). The launch is currently in a private beta phase for select U.S. customers and equities can be purchased with fiat-backed stablecoins. FTX US Launches … Read more
FTX Stocks will allow retail investors to fund their accounts with fiat-backed stablecoins like USD Coin via the FTX US crypto exchange. Go to Source Powered by WPeMatico
A handful of concerning factors, plus AAVE’s correlation with the Nasdaq, increases the possibility of the altcoin undergoing another massive sell-off. Go to Source Powered by WPeMatico
A mix of fundamental and technical indicators suggests more pain for Cardano bulls ahead. Go to Source Powered by WPeMatico
Crypto is more volatile than stocks and thus is associated with higher risks, but it also offers better return opportunities, industry executives agree. Go to Source Powered by WPeMatico