Tldr: Bitcoin is still trading above its real price, the level where all major bear market bottoms have historically tested first. CryptoQuant CEO Ki Young Ju warns that Bitcoin may need to fall further before a true on-chain cycle bottom…
Legendary investor Jeremy Grantham — co-founder of asset management firm GMO and one of Wall Street’s most prominent bubble watchers — came to Bitcoin again on Friday, calling the asset a “useless speculative mechanism” destined for a slow decline into…
Almost every major altcoin has taken a hit in recent months, and Ethereum was no exception, with its price falling to a 14-month low. Analysts are now warning that it could be on the verge of further recession, with some…
The EUR/USD pair fell further to 1.1323 last week but recovered after briefly breaching the 1.1353 Fibonacci level. Initial bias remains neutral this week for consolidations. Further decline is expected as long as the support at 1.1499 turns into resistance.…
Generation Mining (TSX:GENM; US-OTC:GENMF) has raised nearly all of its financing for its $1 billion Marathon copper-palladium project in northern Ontario. The $969 million total includes $200 million this week from the Canadian Infrastructure Bank (CIB), $424 million in senior…
Norwegian energy services provider Aker Solutions has been hired on a long-term assignment to handle engineering and maintenance work for the asset located approximately 350 kilometers east of St. John’s, Newfoundland and Labrador, Canada. Aker Solutions has worked with Cenovus…
On June 26, Blue chip Tech giant Microsoft (Nasdaq: MSFT) received a sudden buy signal in the form of a legendary short merchant, Michael Burrymade by A Long bet on stock. Specifically, the “large short” investor revealed that he made…
Bitcoin’s recent decline wasn’t driven by a single headline. Instead, traders were exposed to a combination of pressure points at the same time: weakness in global technology stocks, and another heavy day of trading. Spot Bitcoin ETF Redemptions, a sharp…
short Securitize expects to begin trading next week under the ticker symbol “SECZ,” following the completion of the merger with the blank check company. The debut of the BlackRock-backed crypto specialist will test Wall Street’s appetite for companies tied to…
Selling pressure continued to impact Cardano (ADA), pushing the token to its lowest level in months. The latest decline came on the heels of another failed recovery attempt. Buyers tried to reclaim the high ground, but the rally stalled near…
