Market RecapMajor US indices ended the day slightly underwater (DJIA -0.19%; S&P 500 -0.25%; Nasdaq -0.10%), as the US 10-year Treasury yields continue to head to its highest level in almost nine months, following through with the recent announcement that the US Treasury would boost its issuance of long-term debt this quarter. The release of
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Gold, XAU/USD, US Dollar, DXY Index, Treasury Yields, GVZ, Fibonacci – Talking PointsThe gold price has been sidelined in a week of action elsewhereThe US dollar and Treasury yields have found firmer footing amidst the risk aversionVolatility has ticked up a notch. Does it imply a move ahead for XAU/USD? The gold price appears poised
Bitcoin is not done with short-term BTC price downside, analysis predicts, with overall volatility still among its lowest-ever levels. 1654 Total views 6 Total shares Bitcoin (BTC) dipped below $29,000 on Aug. 3 as market concerns over largest global exchange Binance reignited BTC price downside.BTC/USD 1-hour chart. Source: TradingViewBTC price analysis “expects” support retestData from
Facebook parent company lost over $40 billion in metaverse, text-based Discord RPG uses AI and NFTs, Web3 gets new eSports platform, and more. by Erhan Kahraman 6 min August 3, 2023 Share Tweet Share Share Let’s get business out of the way before getting to the fun part: Meta, the parent company of WhatsApp, Facebook
Israel’s only public stock exchange is preparing to offer new regulated cryptocurrency services through another partnership with Fireblocks. 1288 Total views 22 Total shares Israel is set to introduce more regulated cryptocurrency opportunities, with the country’s only public stock exchange preparing to offer new crypto services.The Tel Aviv Stock Exchange (TASE) has signed an agreement
HashKey and OSL are among the first licensed exchanges to offer cryptocurrency trading for non-professional investors in Hong Kong. 4155 Total views 44 Total shares Hong Kong is expanding cryptocurrency trading exposure to individual investors, with at least one exchange getting the regulatory green light to offer the services.Local digital asset firm HashKey has successfully
Michael Saylor compared his firm to a “sportscar,” whereas a spot ETF will be like a “supertanker” when it comes to giving investors Bitcoin exposure. 6673 Total views 193 Total shares MicroStrategy co-founder Michael Saylor believes his firm will remain an enticing way for investors to gain exposure to Bitcoin (BTC) regardless of any future