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Weekly overview

Coinbase junk bonds tank amid market rout and creditors’ fears

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

“Nothing about Coinbase changed this week, we are the same company we were yesterday, or a year ago. If anything, we are in an even stronger position given our balance…

Continue ReadingCoinbase junk bonds tank amid market rout and creditors’ fears

Shanghai court affirms that Bitcoin is virtual property, subject to property rights

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

A district court in Shanghai ruled for Bitcoin owner’s right to compensation in case involving unpaid loan and decided on Bitcoin legal status in the process. The Shanghai High People’s…

Continue ReadingShanghai court affirms that Bitcoin is virtual property, subject to property rights

Analysts say Ethereum price must hold this key level to avoid a capitulation-like move

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

Traders identify key support and resistance levels that Ethereum must hold as ETH price trades at levels not seen since July 2021. The crypto market experienced another day of pain…

Continue ReadingAnalysts say Ethereum price must hold this key level to avoid a capitulation-like move

Look out below! Ethereum derivatives data hints at further downside from ETH

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

ETH options pricing and the top traders' long-to-short ratio signal a lack of confidence in the $1,700 support. Ether (ETH) is down 38% in three weeks and the current $2,000…

Continue ReadingLook out below! Ethereum derivatives data hints at further downside from ETH

Crypto-associated stocks hammered as COIN and HOOD drop to record lows

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

The stock price of listed BTC mining companies and other businesses with exposure to cryptocurrency are dropping to yearly lows as the crypto market continues to sell-off. Bad news continues…

Continue ReadingCrypto-associated stocks hammered as COIN and HOOD drop to record lows

US Senate confirms Jerome Powell for another four years as Fed chair

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

In a 80–19 vote in the Senate, U.S. lawmakers confirmed Jerome Powell as the next chair of the Federal Reserve System, where he will also serve as a board member…

Continue ReadingUS Senate confirms Jerome Powell for another four years as Fed chair

Nasdaq partners with XP to launch cryptocurrency exchange in Brazil

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

The exchange, known as XTAGE, is currently scheduled to launch in Q2 2022. XP informed Cointelegraph that XTAGE will launch in Q2 2022 and will be fully integrated into the…

Continue ReadingNasdaq partners with XP to launch cryptocurrency exchange in Brazil
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