With the release of the minutes this month, the Fed is laying the groundwork for its upcoming meeting on May 4-5, signaling traders what to expect in the coming months, which is why the impact of the central bank’s decisions can already be seen now. Source
United States President Joe Biden is reportedly planning to nominate two commissioners with different political party affiliations to the Securities and Exchange Commission. According to a Wednesday report from the Wall Street Journal, Biden is considering Democrat Jaime Lizárraga, a staffer for House Speaker Nancy Pelosi, and Republican Mark Uyeda, counsel for the Senate Banking Committee on securities and capital markets, to fill seats left behind by SEC commissioners Allison Lee and Elad Roisman, respectively. Roisman left the regulatory body at the end of January, while Lee is expected to…
Sen. Patrick Toomey (R-Pa.), the ranking member of the committee, announced the “Stablecoin Transparency of Reserves and Uniform Safe Transactions Act of 2022,” dubbed the Stablecoin TRUST Act for short, as part of an effort to specify how the U.S.’s different regulatory agencies could approach companies issuing cryptocurrencies whose prices are pegged to the U.S. dollar or other assets. Source
Data shows the Bitcoin trading volume has continued to remain at low levels this week, weakening the latest rally in the crypto’s price. Bitcoin Spot Trading Volume Has Recently Stabilized At Low Values As per the latest weekly report from Arcane Research, the BTC spot volume has continued to stabilize at relatively low values this week. The “daily trading volume” is an on-chain indicator that measures the total amount of Bitcoin being transacted on the network on any given day. When the value of this metric goes up, it means…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BTC Bitcoin Technical Analysis live now price prediction today 2021 29.11.21 $BTC followed CCPool’s prediction perfectly for a SFP of the range low to give us a long entry. Price finds resistance on Igor session. – Want To Win More Trades, Make More Money? – Want To CRUSH THE CHARTS Like A Champion? – Want to join our THRIVING community of over 12,000 Champions and get exclusive tips, tricks, tactics and strategies to fuel YOUR trading success TODAY! Any advisory or signal…
ESPN and Autograph, the nonfungible token (NFT) platform co-founded by Tom Brady, announced a multi-year partnership on Wednesday that kicks off with a documentary release and an NFT collection. A 10-part ESPN+ documentary series called “Man in the Arena: Tom Brady” chronicles the milestones of the NFL legend’s career through a psychological and emotional lens. The docuseries is produced by Religion of Sports, a media company in which Brady is also a co-founder. Autograph and Religion of Sports designed the “Man in the Arena: Tom Brady Collection” to be ESPN’s first series…
Bitcoin (BTC) broke below a month-long uptrend, which means sellers are in control. Pullbacks appear to be short-term within a broader recovery phase from January lows. Original
A decentralized exchange (DEX) that offers cross-chain swaps is soaring after its native token received the green light from a pair of cryptocurrency marketplaces. TitanSwap (TITAN) first dropped a hint via Twitter on March 31st that an exchange listing was right around the corner when TITAN was trading for about $1.25. The altcoin then steadily reached a price tag of around $2.00 until yesterday, when two major announcements suddenly sent the DEX surging to heights it hasn’t seen since September 2021. First, Seychelles-based crypto exchange KuCoin announced that it was…
Bukele had previously teased that he would be making an important announcement at this year’s conference. Source
According to Jeff Dorman at crypto asset management firm Arca, the chaos may have already increased short pressure rather than easing it. Institutions and hedge funds uninterested in holding WAVES on its merits, he says, “are all probably scrambling right now to find a WAVES holder to get a borrow from [to enable shorting], but they are likely unsuccessful in doing so. The negative funding rate [for WAVES] on FTX, for example, is indicative of how little borrow there is, as those who want to short have resorted to selling…