Cryptocurrency Analysis and News Portal
Hedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large against Italian bonds and investors haven’t bet this high against Rome since 2008, as Italy faces political uncertainty, an energy
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Data shows while the Bitcoin supply present on exchanges has been trending down, growth in other investment vehicles like ETFs and WBTC has been making up for this drop. Bitcoin Exchange Reserves Decline, But ETF And Other Instruments Enjoy Growth As per the latest report from Arcane Research, BTC exchange reserves have
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The Ethereum supply shock has been growing as exchange reserves continue to decrease and value staked in ETH 2.0 contract rises. Ethereum Supply Shock: Exchange Reserves Go On Decreasing While ETH 2.0 Staking Contract Grows In Value As pointed out by a CryptoQuant post, ETH exchange reserves have been decreasing while the
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Bitcoin (BTC) should cost at least $55,000 per coin according to one metric measuring its so-called “supply shock.”In a tweet on Sep. 5, analyst Willy Woo highlighted what he added is a “conservative” price estimate for BTC/USD.Bitcoin price plays catch-up with metricsWhile Bitcoin has still not established $50,000 as firm
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After serving as the chief executive officer of major cryptocurrency exchange Binance.US for less than four months, Brian Brooks announced Friday he would be stepping down — a move that was greeted with confusion and suspicion from the crypto community. Citing “differences over strategic direction,” the now-former CEO said he had
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OtherSide Entertainment recently announced that Chinese company Tencent would be “moving forward” with the troubled System Shock 3. Right now, the tweet is not particularly clear on what that actually means. If developing this game has been this hard, is it even worth continuing? System Shock 3 is a
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Fed speakers are doing their best to raise easing expectation as much as they possible can. FOMC member Rosengren has even suggested that the U.S. central bank could start buying stocks, a violation of its mandate. With another rate cut almost priced in for the upcoming March meeting, Jerome
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Apple surprised stock market investors on Monday as it lowered its revenue guidance amid the coronavirus crisis. Dow futures fell after the note was released, as investors brace for more downgrades from other U.S. companies with exposure to China. A new report from the Chinese CDC claims several worrying facts about the
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U.S. crude futures slide below $50 a barrel for the second time this month. Chinese energy demand is said to be plunging in the wake of the coronavirus outbreak. Russia and Saudi Arabia are at odds about production cuts, which threatens to undermine Moscow’s testy relations with OPEC. Crude prices nosedived on Monday,
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