Tag: Investors

Ethereum futures and options data reflect investors’ growing confidence in ETH price

The price of Ether (ETH) rallied 16% between Jan. 14 and Jan. 21, peaking at $1,680 before facing a 5.4% rejection. Curiously, the same resistance level resulted in a substantial correction in late August 2022 and again in early November 2022.  Ether/USD price index, 2-day. Source: TradingView From one side, traders are relieved that Ether is trading up 35.5% year-to-date, but the repeated corrections that follow retests of the $1,680 resistance may have weakened investors’ sentiment. Negative newsflow might have limited Ether investors’ appetite after troubled cryptocurrency company Digital Currency…

Elon Musk Defends His 2018 Tweets of Taking Tesla Private and Support from Saudi Investors

During his testimony, Elon Musk said that he indeed had support from Saudi investors who later backpedaled from their commitment. On Monday, January 23, Tesla chief Elon Musk testified before the jurors adding that he indeed had support from Saudi’s sovereign wealth fund for taking Tesla private. Besides, he also spoke about using his own share in his space rocket company SpaceX to fund this buyout. During his trial in the San Francisco federal court, the billionaire shared details about the matter. “With SpaceX stock alone, I felt funding was…

Decentraland (MANA) Up 70% in One Week, Monero Falls Hard, and Analysts Ask How will Snowfall Protocol Stop Early Investors Sitting on Small Fortunes from Dumping after Launch?

Place/Date: – January 22nd, 2023 at 11:44 am UTC · 4 min read Source: Snowfall Protocol The general crypto market has seen significant upward price movement for over a week. The total crypto market cap gained about $156 billion – and the price surge has raised interest in many innovative projects. Decentraland has bounced from key support levels, but Monero is still falling hard. Snowfall Protocol, a new cross-chain solution, is one of the top gainers, with more than 800% rise. However, analysts are asking about Snowfall Protocol’s strategy to…

Binance Garnered Largest Market Share of Crypto Investors From Emerging Markets in 2022

Amid last year’s macroeconomic chaos, inflation in Brazil and Russia, which CryptoCompare groups with other emerging economies, reached 11.9% and 17.2%, respectively. About the time of these highs,  Russian Ruble (RUB) and Brazilian Real (BRL) volumes on Binance increased 232% and 72%, respectively. Source BinanceCryptoEmergingGarneredInvestorsLargestMarketMarketsShare CryptoX Portal

Former FTX President Launches New Crypto Venture, Raises $5 Million From Leading Investors – Bitcoin News

boss

Less than a week ago, Brett Harrison, the former president of FTX US, published a 49-part Twitter thread describing his side of the story when he worked for the disgraced co-founder of FTX, Sam Bankman-Fried (SBF). On Friday, Jan. 20, 2023, Harrison revealed that his new firm, Architect, has raised $5 million from investors such as Circle Ventures, Coinbase Ventures, and SALT Fund. Brett Harrison’s Architect Aims to Connect Institutional Investors Across Decentralized and Centralized Exchanges Brett Harrison, the former president of FTX who left the company in Sept. 2022,…

Coindesk Up for Sale? Investors Circle Crypto News Publication Amidst Genesis Bankruptcy – Bitcoin News

boss

According to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based news publication Marsbit, announced his intentions to purchase Coindesk along with other members of the crypto industry. This news follows a report from Semafor at the end of November 2022 stating that Coindesk had received takeover solicitations from several investors. Coindesk’s Alleged Asking Price: $200 Million or More as Charles Hoskinson and Marsbit Express Interest in Purchase Investors are reportedly considering purchasing the cryptocurrency news publication Coindesk…

Flashbots Wants to Raise $50 Million, Investors Must Pitch

boss

Flashbots is seeking to raise $50 million with a $1 billion pre-money valuation, according to The Block, citing sources aware of the deal. Pitch To Flashbots For A Chance to Invest As they look to crowdfund, it has been revealed that Flashbots is doing a “reverse pitching” where interested investors have to pitch, not the other way around. In this arrangement, investors confident of Flashbots’ prospects must explain, in detail, why they should have a slot in this investment round. Eventually, the goal is to raise between $30 million and $50 million…

NYU Professor ‘Dr. Doom’ Says 99% of Crypto Is a Scam — Tells Investors to ‘Absolutely Stay Away’ – Featured Bitcoin News

boss

NYU Professor Nouriel Roubini, aka Dr. Doom, has warned that “99.99% of crypto is a scam, a criminal activity, a total real-bubble Ponzi scheme that is going bust.” He advised investors to “absolutely stay away” from crypto, claiming that most people in the crypto space are “all crooks.” Dr. Doom Warns Nearly 100% of Crypto Is a Scam Economic professor Nouriel Roubini, aka Dr. Doom, warned about cryptocurrency in an interview with Yahoo Finance Live Wednesday at the World Economic Forum in Davos, Switzerland. Roubini is a professor of economics…

Bots are a critical tool for retail investors

boss

The thing about the future, where robotic super traders battle over micromovements in stock price, is that it’s already here. With access to algorithmic trading bots a click away, we could be seeing the fall of human investors and the triumph of artificial intelligence.  Algorithmic trading bots are programmed to buy and sell when they detect preprogrammed conditions and can execute pretty much any trading strategy. They have been used by professional traders for two decades, and these firms have taken them into the crypto markets too. Now, a new…

Investors Predict 12% Decline For BTC In Next Two Weeks

boss

Bitcoin has done well in the last week with multiple rallies that have brought the digital asset’s price back to early November 2022 levels. However, while investor sentiment looks to have significantly recovered, not everyone is expecting BTC to continue to do well. The Coinmarketcap Price Estimates feature reveals that a large number of investors are expecting the price of the cryptocurrency to fall over the next two weeks. 12% Decline For Bitcoin The Coinmarketcap Price Estimates feature allows users to input their forecasts for the price of any digital…