Day: April 21, 2022
The Swiss firm will conduct all interactions with the Liquity smart contract on its clients’ behalf but only a select few with over $500,000 on the platform will have access to the product. 1306 Total views 28 Total shares Bitcoin Suisse has begun offering decentralized finance (DeFi) services to its clients with the addition of […]
Gold futures declined Wednesday for a second consecutive session to mark another settlement at their lowest since April 11. Prices for the precious metal went into “freefall” on Tuesday and now appear to have stabilized around $1,950, said Craig Erlam, senior market analyst at OANDA. “This could potentially mark the new range support after a […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Shooting Star reversal pattern close to the resistance level, USDCAD is reversing in the form of the descending impulse. In this case, the downside target may be at 1.2495. However, an alternative scenario implies that the asset may […]
We had a great short trade on GBPCAD earlier in the year, playing the double top and channel break, and conditions look to be lining up for a fresh short. GBPCAD has recently settled into a block of consolidation following the breakdown below the 1.6551 level. With that area acting as resistance now, the market […]
Type: Bearish MomentumKey Levels:Resistance: 814’4Pivot: 807’4Support: 795’4Preferred Case:We see the potential for a bearish dip from our pivot level at 807’4 in line with 38.2% Fibonacci retracement towards our 1st support level at 795’4 in line with 50% Fibonacci retracement, 61.8% Fibonacci projection and -27.2% Fibonacci expansion.Alternative Scenario:Alternatively, price might break our pivot structure and […]
Crypto investors from the United States realized nearly $47 billion in gains during 2021, outpacing the UK by a factor of six. 115 Total views 9 Total shares Crypto investors from the United States realized crypto gains nearly six times higher in total than the UK, the second highest country in terms of realized gains. […]
BTIG analysts surveyed 1,000 Starbucks Corp SBUX, -1.29% customers and found that only 4% planned to stop visiting the coffee purveyor if negotiations with unions fail to result in an agreement. More than two-thirds (68%) said the effort would have no effect on their visitation habits, 15% said they would visit less often and 13% […]
dYdX said that it is looking at full decentralization to offer its users advantages of DeFi that centralized services can’t. 688 Total views 69 Total shares Ethereum Layer 2-based crypto derivatives trading platform dYdX has vowed to become “100% decentralized by EOY” via the protocol’s V4 update. dYdX primarily offers perpetual contracts, which are derivatives […]
A stock-options strategy known as a “straddle” on Tesla Inc.’s stock TSLA, -4.96% is priced Wednesday for a one-day, post-earnings move of $66.56, according to data provided by Option Research & Technology Services (ORATS) Principal Matt Amberson. That’s slightly less than average price move over the past 12 quarters of $67.27, ORATS data show. A […]
Analysts from Insider Intelligence believe that crypto’s transactional value will increase by 70% in 2022. 1850 Total views 122 Total shares The number of adults in the United States who will use crypto to make purchases in 2022 will increase to 3.6 million, according to a research firm. A report published by Insider Intelligence shows […]