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Traders buy the Bitcoin dip even as Evergrande's implosion rocks stock markets
21.9.2021
The Evergrande fiasco appears to be driving the correction in global stock markets, but data shows this isn't deterring pro traders from buying the BTC dip
Mister DeepFuckingValue's Former Workplace Fined Over His Meme Stock Conduct
20.9.2021
The last we saw of DeepFucking Value, aka Roaring Kitty, aka Keith Gill, he was giving testimony to Congress and standing accused of market manipulation over his part in hyping up GameStop stocks earlier this year. Now his former employer, MassMutual, has been fined over Gill’s conduct while...
New York Fed’s Consumer Inflation Report Expects US Inflation to Hit 5.2% by Next Year
14.9.2021
Americans are still very concerned about inflation as the latest Survey of Consumer Expectations (SCE) report from August indicates that U.S. consumers expect inflation to be 5.2% a year from now. The SCE response data hasn’t been this high since 2013, and it’s increased since...
Bitcoin and Ethereum Eye Recovery, Altcoins Stable
14.9.2021
uld eye a short-term recovery. ETH tested USD 3,150 and it is now trading above USD 3,300. XRP must clear USD 3,400 to start a steady recovery wave. ADA is facing resistance near USD 2.50 and USD 2.55
AMP Trades Negatively in the Short Term: Is It Failing?
10.9.2021
AMP was developed by crypto payments company, Flexa, founded in 2018 by a group of crypto enthusiasts. Flexa was initially funded by multiple ICOs under which it raised through large venture capital firms. After starting their operations in the United States with just Bitcoin, Ethereum, and Gemini...
Set and Forget: Top Auto-DCA Services in Bitcoin
4.9.2021
averaging, or DCA for short, is the process of dividing up an investment in a series of smaller purchases spread out over time, rather than going into an investment with a larger amount at one time.Portfolio value over time of USD 200 invested every 2 weeks, starting 3 years ago. Each dot repres
Traders identify $51K as the key level for Bitcoin to overcome in the short term
3.9.2021
Bitcoin’s spike to $50,000 renewed calls for a new all-time high, but analysts caution that a daily close above $51,000 is needed to solidify the current uptrend
More US Crypto Investors To Hodl Than Eye Short-Term Profit
2.9.2021
Some 48% of surveyed US consumers declare they have invested in cryptoassets during the first half of 2021. Among those who have already bought crypto, 58% view it as a long-term investment, potentially supporting lower market volatility, while 43% plan to sell their crypto to make a short-term...
Billionaire John Paulson Warns Cryptocurrencies Will Be Worthless, Bitcoin Too Volatile to Short
31.8.2021
Billionaire hedge fund manager John Paulson, famed for making a fortune betting against the U.S. housing market, says that cryptocurrencies are a bubble that will prove to be “worthless.” While he sees unlimited downside to crypto, he will not short bitcoin, however. “Even...
Bitcoin price stages a comeback as 3 indicators reflect BTC’s strength
27.8.2021
The futures premium, top traders’ long-to-short ratio and options skew all signal that pro traders still feel positive about Bitcoin price
Bitcoin Miners May Face Major Semiconductor Shortage — Sub-16 Nanometer Chip Costs to Rise by 20%
25.8.2021
Fears of a major semiconductor chip shortage have started to make headlines again as the chips power nearly everything from new cars, phones, computers, and a myriad of other items. Reports stemming from Malaysia show that semiconductor manufacturers are dealing with an uptick in Covid-19 cases...
Boyfriend Dungeon Director: Despite The Bad Faith, It’s Good That We’re Talking
25.8.2021
The recent discourse around Boyfriend Dungeon has distracted from something important: That it is a very good video game, which I like a lot. I hope to remedy that now. In fact, I like it so much that I felt the desire to sit down with the game’s director, Tanya X. Short. After a short conversation...
Derivatives data shows pro traders turning bullish on EOS price
23.8.2021
Retail traders turned their backs on EOS, but derivatives data shows pro traders maintaining a bullish perspective for the short-term
The Big Short's Michael Burry takes aim at Cathie Wood’s ARK Innovation ETF
18.8.2021
Michael Burry called the sub prime mortgage crisis and he's now turned his attention to ARK's flagship Innovation ETF which invests in companies like Tesla and Square as well as GBTC
A Rogue Bee Kept Breaking Skyrim's Iconic Cart Intro
17.8.2021
No matter how many times you’ve watched Skyrim’s opening cart scene, you probably still haven’t seen it as much as Nate Purkeypile has. That’s because back during production a mysterious entity kept throwing the cart off course and the developers couldn’t figure out why. The mysterious culprit?...
Boyfriend Dungeon Updating Content Warning Following Backlash
16.8.2021
Kitfox Games’ dungeon-crawling dating sim already comes with an initial content warning (CW) letting players know the game will cover some darker topics, but it doesn’t tell players exactly what lies in store later on in the game. That lack of specificity has led to blowback among some players...
US Consumers Expect Inflation to Continue Rising Sharply According to the Fed’s Latest Survey
10.8.2021
The Federal Reserve Bank of New York published the Survey of Consumer Expectations report on Monday, which shows U.S. consumers are expecting short-term inflation levels to be higher than usual. Meanwhile, the report also shows American consumers’ expectations of long-term inflation have...
3 reasons why Ethereum can hit $3K in the short term despite overvaluation risks
2.8.2021
Ether risks bearish exposure as ETH’s price rises against falling volumes, but three crucial on-chain indicators suggest a dissenting scenario
Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation
29.7.2021
Robinhood, the fee-free cryptocurrency, stock, and options exchange, raised almost $2 billion in its initial public offering, reaching a valuation of $32 billion. While the company is more valuable than Nasdaq itself, the IPO failed to give the company an expected valuation of $35 billion....
Market Wrap: Bitcoin Stalls After Short-Squeeze Rally
27.7.2021
Technical data suggests lower support around $34,000 could stabilize the current pullback