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Bitcoin (BTC) traders lay in wait for fresh volatility on Sept. 29 as BTC/USD cooled near $19,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Volatility absent a day before the monthly close Data from Cointelegraph Markets Pro and TradingView charted a calm overnight phase for the largest cryptocurrency, which hit intraday highs above $19,600 the […]
William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch
Oil Traders Cover Shorts The latest CFTC COT institutional positioning report shows that oil traders increased their net long positions in oil last week from 227k contracts to 240k contracts. This marks the second straight week of position building in oil, bringing the total upside position higher off the recent lows around 214k contracts, mostly […]
BNY Mellon BOE: Avoiding UK Mortgage Mayhem The Bank of England went to great lengths Wednesday to stress that its intervention in Gilt markets is purely a financial-stability-related operation. The time-limited and targeted nature of the purchases is clearly different from the operational parameters of quantitative easing or yield curve control. Coupled with the fact […]
Starkware co-founder Eli Ben-Sasson told Cointelegraph that none of the things that people feared about the Merge happened, and everything happened as it should. 1864 Total views 30 Total shares As the dust settled over the Ethereum network’s highly-anticipated transition to proof-of-stake (PoS), Eli Ben-Sasson, the co-founder of Starkware, gave his thoughts on its execution […]
Canadian cannabis company High Tide Inc. HITI, -4.26% HITI, -3.66% said Thursday it agreed to pay C$5.3 million ($3.88 million) to acquire two retail stores in British Columbia from seller 1171882 B.C. Ltd., operating as Jimmy’s Cannabis Shop BC. The stores, one in Cranbrook and the other in Prince George, generated C$5.4 million in annualized […]