AVAX price on the brink of sliding to $15 despite on-chain frenzy

AVAX price finds itself at a critical technical juncture, with price action flashing bearish signals despite strong on-chain activity on Avalanche. After a steep downtrend that bottomed in mid-March, Avalanche (AVAX) price reversed from a double bottom pattern and began consolidating within an ascending channel, maintaining bullish momentum through the end of the month, as … Read more

Durov To Depart France Briefly In July

Telegram founder Pavel Durov gained court approval to leave France for up to 14 days to travel to Dubai, United Arab Emirates, where the company is headquartered. Durov will be allowed to leave France on July 10 after having a travel request denied by French officials in May, according to French news outlet Le Monde. … Read more

Urgent Upbit SEI Suspension: Network Upgrade Impacts Deposits

Attention Upbit users and SEI holders! A crucial announcement from one of South Korea’s largest cryptocurrency exchanges requires your immediate attention if you deal with the SEI coin. What’s Happening with Upbit SEI Suspension? Upbit, a prominent Upbit crypto exchange in the global market, has officially informed its users about a temporary halt in services … Read more

America Will Show The World How To Win With Digital Assets Like Never Before

President Donald Trump posted on Truth Social Tuesday evening regarding recent Senate legislation, stating the U.S. will “show the World how to WIN with Digital Assets like never before.” The post came following the Senate’s passage of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act by a 68-30 vote. “The Senate just … Read more

CAD slippage softens near-term prospects on the charts – Scotiabank

The Canadian Dollar (CAD) is modestly weaker on the session but losses may be moderating above 1.37 for now, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. USD/CAD gains may extend to 1.3775/1.3825 “The USD continues to trade above estimated fair value (1.3630). Communications from the BoC this week clearly highlight policymakers’ concerns … Read more

3 Misconceptions About US Debt

A version of this newsletter was originally published on lynalden.com. This newsletter issue analyzes three common misconceptions about the US federal debt and deficits. The ongoing nature of the deficits has several investment implications, but along the way it’s important to not get distracted by things that don’t add up. Fiscal Debt and Deficits 101 … Read more