It is not a secret that crypto can sometimes be a hub for mostly degenerate 100X traders who thrive on volatility. While there’s a chance of making money, traders often lose, and sometimes they get wrecked so badly that they quit trading altogether. Coinglass data showed that over 74,000 traders were forcibly liquidated in the last 24 … Read more
Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. Hong Kong, Hong Kong, January 15th, 2025, Chainwire The “2024 MEET BEST7” voting event, hosted by the Metaverse … Read more
Oil prices fell yesterday with ICE Brent down 1.35% and settling below US$80/bbl. Reports of a potential ceasefire between Israel and Hamas would have supported this move. This is the first daily decline since the US announced stricter sanctions against the Russian energy sector. It is still unclear what the impact of these sanctions will … Read more
The United States Securities and Exchange Commission (SEC) is suing Elon Musk, the tech billionaire and a Dogecoin supporter, for failing to file his Twitter (now X) timely acquisition disclosures. The SEC alleges that Musk bought Twitter, the then-public company, at “artificially low prices” due to this delay. The regulator claims Musk saved $150 million … Read more
US Dollar (USD) slipped overnight after PPI missed estimates (+0.2% m/m vs. 0.4% expected), OCBC’s FX analyst Christopher Wong notes. Bearish divergence appears on RSI “Earlier report on Trump team considering a schedule of gradual tariffs increasing by about 2% to 5% a month also helped to support sentiments. Most non-USD FX rebounded while Dollar … Read more
Moonpay, one of the largest crypto onramps, has recently acquired Helio, a Solana-focused payment processor. With the deal, Helio will remain a separate brand, operating as a Moonpay subsidiary, with its employees becoming shareholders. Moonpay Acquires Helio in $175 Million Deal Moonpay, one of the leading crypto onramps, has announced the acquisition of Helio, a … Read more
CAT Elliott Wave Analysis Trading Lounge. Caterpillar Inc., (CAT) Daily Chart. Function: Counter Trend. Mode: Corrective. Structure: Complex. Position: Wave {iv} of 3. Direction: Bottom in {iv}. Details: We could have a wave {iv} in place which would suggest the trend is strong. If not we could have completed wave (a) of {iv}. CAT Elliott Wave technical … Read more
BTC price upside is primed to reach a minimum of $145,000 over the coming year as pro-Bitcoin US policy takes shape.
European Central Bank (ECB) Vice President Luis de Guindos said on Wednesday that “if incoming data confirms our baseline, we can expect further rate cuts.” Further comments Risks to economic growth remain tilted to the downside. The disinflation process is well on track. We are not pre-committing to a particular rate path. If incoming data … Read more
Thailand’s SEC is reviewing spot Bitcoin ETF listings and stablecoin proposals while cracking down on Polymarket for alleged illegal gambling activities.