Crypto: Arbitrary OutPerhaps it speaks to my effete nature, but I went ahead and took profits on my crypto account. And the title isn’t quite accurate: I wouldn’t necessarily call my decision arbitrary. Just to be completely indiscrete, I started with $8,000 on Sunday, worked it up to $11,000 after the close on Monday, and dumped it all for a $10…[Read more]

Goldman Sachs Flashes Buy Signal for Coinbase StockGoldman Sachs (NYSE:GS) targets 36% short-term gains in Coinbase Global’s (NASDAQ:COIN) share price.

Key Takeaways
Goldman Sachs analysts have sent out a buy signal for Coinbase’s stock, targeting a price of $306.
Crypto exchanges like Coinbase experienced record trading volumes during last…[Read more]

EOS Price Analysis: EOS/USD Moves Sideways as Bearish Breakout is Expected EOS Price Analysis – May 26 The daily chart reveals that if bulls increase their momentum, the price may rise towards the previous high of $10 level. EOS/USD Market Key Levels: Resistance levels: $8.0, $8.5, $9.0 Support levels: $1.5, $1.0, $0.5 At the time of writing, E…[Read more]

Cryptos Soar After Musk, Saylor Speak To Bitcoin Miners, Will Standardize Energy ReportingCryptos Soar After Musk, Saylor Speak To Bitcoin Miners, Will Standardize Energy Reporting

Behind door number 1 we have China, and a relentless barrage of crypto FUD meant to distract from the disastrous reception of the digital yuan in hopes that Beijing…[Read more]

Bitcoin, Bullion, & Big-Tech Soar As Dollar Drop Resumes As the inflation narrative fades amid a now-negative China credit impulse, all of the old favorite trades are back and today was the panic-buying of big-tech reignited once again. Nasdaq roared higher, Small Caps lagged along with the Dow, S&P ended up 1%..

Small Caps are coiling in a tight…[Read more]

ETH/USD Peaks Around 2602: Sally Ho’s Technical Analysis 25 May 2021 ETH Ethereum (ETH/USD) added to recent gains early in the Asian session as the pair appreciated to the 2563.08 level after trading as low as the 2099.94 area during the European session, with the interday high representing a test of the 50% retracement of the recent depreciating…[Read more]

BTC/USD Tests 38000 on Rebound: Sally Ho’s Technical Analysis 25 May 2021 BTC Bitcoin (BTC/USD) extended its comeback early in today’s Asian session as the pair appreciated to the 38072.53 level after trading as low as the 34806.15 level during the European session, with the interday low right around the 23.6% retracement of the appreciating r…[Read more]

Bitcoin’s Volatility Is Spilling Over to U.S. Stocks, Study SaysBitcoin’s explosive moves are stoking the volatility of U.S. stock futures in haywire trading days, according to Singapore’s DBS Group Holdings Ltd.

In a study that concludes the world’s biggest token is no longer a fringe asset class, DBS’s Chief Economist Taimur Baig and Macro Str…[Read more]

Ethereum Climbs 11% In RallyInvesting.com – Ethereum was trading at $2,858.67 by 04:55 (08:55 GMT) on the Investing.com Index on Wednesday, up 10.69% on the day. It was the largest one-day percentage gain since May 24.

The move upwards pushed Ethereum’s market cap up to $332.81B, or 18.98% of the total cryptocurrency market cap. At its highest,…[Read more]

Bitcoin reclaims $40,000 as crypto volatility lingersLONDON (Reuters) – Bitcoin climbed back above $40,000 on Wednesday for the first time this week, as recent volatility in the cryptocurrency market showed few signs of dampening down.

Bitcoin jumped as much as 6.5% to $40,904. Smaller coins, which tend to rise and fall with the largest…[Read more]

DeFi and traditional finance could converge thanks to tokenizationNonfungible tokens could become a bridge to connect the legacy financial system to the emerging fintech world in the near future. During a recent interview, Adrian Lai, CEO of Liquefy — an investment firm and an incubator for decentralized finance platforms — told Cointelegraph Chi…[Read more]

Michael Saylor says Bitcoin Mining Council required to combat ‘hostile’ narrativeMicroStrategy CEO, Michael Saylor has explained the details and thinking behind the formation of the Bitcoin Mining Council.

The council was formed on May 25 after Saylor brokered a successful meeting between Elon Musk and several top North American Bitcoin min…[Read more]

Study Shows Banks Cause More Pollution Than BitcoinStudy shows banks are responsible for supporting projects that emit tons of CO2 in 2019.
Elon Musk British banks fund activities that pollute the top ten countries.
The UK is a significant contributor to climate change.
According to a study from Greenpeace and WWF, banks were responsible for…[Read more]

Ether sails past BTC’s daily volume as Grayscale ETH Trust trades at 11% premiumEther sails past BTC’s daily volume as Grayscale ETH Trust trades at 11% premium
Ethereum is seeing renewed interest in the aftermath of Bitcoin’s travails this week, with Ether’s 24-hour trade volume topping BTC’s by a significant margin.

However it’s still a long wa…[Read more]

Crypto in a Post-Covid World: How the Pandemic Influenced the MarketIn the grand scheme of things, the global pandemic reignited confidence in cryptocurrencies. Access to the internet, free time, and the emergence of digital natives as an emerging population enabled cryptocurrencies to surface into the market. Gen Z and millennials, through their…[Read more]

Voyager Digital sees 16X increase in quarterly revenue, first operating profitCrypto asset trading firm Voyager Digital has announced financial results for the first quarter of 2021, and they are impressive.

The retail crypto trading and yield platform reported another record quarter, with momentum continuing into the current quarter. Total…[Read more]

You can now buy gold-backed NFTs with the mining carbon footprint offsetDigital asset wallet provider Lohko and London-based tech firm Mattereum have teamed up to launch nonfungible tokens, or NFTs, that are backed by gold and have carbon offsets attached.

According to a May 26 announcement the tokens represent ownership over physical gold bars…[Read more]

One River files for a carbon-neutral Bitcoin ETFDigital asset hedge fund One River has submitted an ETF application with the United States Securities and Exchange Commission. The firm is seeking to launch a Bitcoin exchange-traded fund that allows the purchase of carbon credits.

Back in April, One River made public its plans to launch a…[Read more]

$223M fund for Internet Computer builders — but community is waryZurich-based Dfinity Foundation has announced a fund worth CHF 200 million, or around $223 million, to support development on the Internet Computer — a blockchain-based decentralized network with wildly ambitious plans to one day “replace” much of the internet.

The non-pro…[Read more]

Cardano Climbs 10% In a Green DayInvesting.com – Cardano was trading at $1.697547 by 00:24 (04:24 GMT) on the Investing.com Index on Wednesday, up 10.03% on the day. It was the largest one-day percentage gain since May 24.

The move upwards pushed Cardano’s market cap up to $53.760160B, or 3.14% of the total cryptocurrency market cap. At its…[Read more]