Apecoin Soars By 30% In 48 Hours, Signaling A Potential Bull Run
In a month marked by heightened volatility, Apecoin (APE) has been a battleground for bulls striving to prevent a dip below the
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Signaling
SEC accepts BlackRock’s Bitcoin ETF application, signaling regulatory review
The United States Securities and Exchange Commission (SEC) has accepted https://www.sec.gov/rules/sro/nasdaq.htm application for a spot Bitcoin (BTC) exchange-traded fund (ETF) following its acknowledgment of a similar application by Bitwise the day before.The SEC’s acknowledgment indicates the commencement of the official review process for BlackRock's ETF proposal. While it is an
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Alibaba Cloud to Downsize Headcount by 7%, with Layoff Signaling Beginning of Its Spinoff Process
Alibaba Cloud has emerged as an early IPO candidate and will reportedly pursue a 7% staff layoff amid its ‘streamlined’ restructuring. The cloud arm of Chinese e-commerce giant Alibaba Group (NASDAQ: BABA) has begun a layoff set to affect 7% of its total workforce. Sources describe the downsizing as part of broader measures
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Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization – Economics Bitcoin News
After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is open to trading in currencies other than the U.S. dollar. The statements follow China’s president, Xi Jinping, urging the Gulf monarchs to accept yuan for oil, and Riyadh officials saying last
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Vitalik Buterin calls out FTX for virtue signaling: ‘deserves what its getting’
The sudden fall of FTX revealed the need for fresh reforms aimed at protecting investor funds against manipulation and misdirections. The co-founder of Ethereum, Vitalik Buterin, believes what FTX did was a bigger fraud when compared to the infamous Mt. Gox and Terra (LUNA) collapses.Buterin believed that people running Mt.
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Indian Exchange CoinDCX Launches DeFi Mobile App, Signaling Shift Towards Web3
Indian crypto exchange CoinDCX has launched Okto, a Decentralised Finance (DeFi) mobile app, Friday, aimed at easing the transition of crypto consumers to DeFi, co-founder Neeraj Khandelwal told CoinDesk. Source
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‘Realized Losses’ Might Prove Bitcoin’s Gain if Signaling a Market Bottom, Glassnode Says
As retail and short-term investors are purged from the market during these mass sell-offs, the saturation of "HODLers," or the cohort of price-insensitive long-term investors, swells. The more HODLers there are, the stabler crypto prices become and the likelier it is that the market has bottomed out. Original Source
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Bitcoin and Stocks Rise, Signaling Greater Investor Appetite for Risk
●Bitcoin (BTC): $44739, +1.07% ●Ether (ETH): $3258, +4.37% ●S&P 500 daily close: $4587, +1.45% ●Gold: $1834 per troy ounce, +0.38% ●Ten-year Treasury yield daily close: 1.93% Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX);
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Why Bitcoin Price Is Signaling More Downsides Below $47K
Bitcoin price started a downside correction from $50K against the US Dollar. BTC could extend its decline below the $47,600 support zone in the near term. Bitcoin failed to gain strength above $50,000 and started a downside correction. The price is now trading below $48,500 and the 100 hourly simple moving average. There
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Almost all major Bitcoin mining pools now signaling for Taproot activation
Nine out of the top-10 Bitcoin (BTC) mining pools by hash rate distribution are now signaling for Taproot activation with BTC.TOP being the only exception as of the time of writing.Indeed, 90% of Bitcoin’s hash rate briefly signaled for the protocol upgrade with the figure now standing at about 73%.Tweeting
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