Latest Market News
Former SEC lawyer says OpenSea insider trading case could end with NFTs labeled as securities. 1511 Total views 68 Total shares Former United States Securities and Exchange Commission lawyer Alma Angotti says this week’s news about an OpenSea employee being charged with insider trading could open the doors to nonfungible tokens (NFTs) being labeled as […]
Tiger Global Management, a hedge fund run by Chase Coleman, has lost more than 50% of its value in 2022 including a 14.3% drop in May, according a report by CNBC. The losses came after Tiger Global bet on tech stocks in the first quarter including Snowflake Inc. SNOW, +9.58%, Sea Ltd. SE, +4.13% and […]
CADJPY Movin’ On UpThe recent CADJPY bull flag trade has now triggered. The market broke out above the bear channel top and has now breached the 102.17 level. With MACD and RSI turned bullish the focus is on a continuation higher towards the 105.33 level. The driver behind the current move is primarily JPY weakness […]
Oil Traders Raise Upside Bets AgainThe latest CFTC COT institutional positioning report from the shows that oil traders increased their net long positions last week. Total upside exposure jumped from 325k positions to 334k positions. This marks the third consecutive weekly gain in oil prices. Despite the increase in upside bets, however, crude oil prices […]
Rune Christensen has envisioned the final form of Maker governance, and it includes MetaDAOs, new governance tokens, and a new version of Synthetic Ether. 1028 Total views 28 Total shares The co-founder of MakerDAO Rune Christensen has issued a new monumental proposal to push the project into its final form called The Endgame Plan. Across […]
History can be a powerful tool, particularly in a high-inflation environment like this one in which no suitable economic model seems to apply. Inflation — running at 8.3% as of April, near a four-decade high — has stayed stubbornly persistent for a full year to the surprise of virtually everyone who tracks it. Now there’s […]