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Weekly News

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

Germany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free

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

Germany’s Finance Ministry has released new cryptocurrency tax guidelines with no tax payable on gains from BTC and ETH sold 12 months after acquisition. The Federal Ministry of Finance (BaFin)…

Continue ReadingGermany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free

3 reasons why bears aim to pin Bitcoin below $30K for this week’s BTC options expiry

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

BTC price is in a freefall and data suggests bears plan to keep the price below $30,000 until the May 13 options expiry. Investors were surprised by Bitcoin (BTC) price…

Continue Reading3 reasons why bears aim to pin Bitcoin below $30K for this week’s BTC options expiry
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