Latest Market News
Australian crypto entrepreneur and investor Fred Schebesta has described the Australian government’s prioritization of token mapping as “wonderful,” but warns that rushing it could lead to detrimental effects on the economy. Schebesta’s comments come after Australian Treasurer Jim Chalmers released a statement on Aug. 22 stating that the “treasury will prioritize token mapping work” in […]
Type: Bullish Rise Key Levels:Resistance: 3.6405Pivot: 3.5440Support: 3.4385 Preferred Case:On the H4, with price moving along the ascending trendline, we have a bullish bias that price will rise from the pivot at 3.5440, which is in line with the 38.2% fibonacci retracement and 5overlap resistance to the 1st resistance at 3.6405 where the 61.8% fibonacci […]
Type: Bearish Drop Key Levels:Resistance: 8.440Pivot: 7.630Support: 7.035 Preferred Case:On the H4, the overall trend is still descending and respecting the ichimoku indicator hence we are bearish bias. The price is forming a shoulder head pattern hence price might drop from the pivot at 7.630, which is in line with the 50% fibonacci retracement and […]
A Bitcoin (BTC) on-chain indicator, which tracks the amount of coin supply held by long-term holders (LTHs) in losses, is signaling that a market bottom could be close. Eerily accurate Bitcoin bottom pundit As of Sept. 22, approximately 30% of Bitcoin’s LTHs were facing losses due to BTC’s decline from $69,000 in November 2021 to […]
Shares of Boeing Co. BA, -3.20% edged higher in the extended session Thursday after The Wall Street Journal reported that the aerospace and defense company was seen “poised” to settle a U.S. Securities and Exchange Commission’s investigation into its 737 Max crashes a few years back. The settlement pertains to “allegedly misleading statements” from the […]
DocuSign DOCU, -1.10% on Thursday said its board hired Allan Thygesen as its new chief executive. The electronic-signature platform said Thygesen would take the helm and assume a role on its board of directors on Oct. 10. He will replace Mary Agnes “Maggie” Wilderotter as CEO. Wilderotter will stay on as chairman of DocuSign’s board. […]