Cryptocurrency Analysis and News Portal
The bitcoin market currently sits in one of the largest realized value clusters. Over 2.208 million BTC have last moved on-chain between $55,000 and $60,000,” Glassnode tweeted. “The next large cluster between $60,000 and $63,000 may act as resistance, whilst support can be found at $50,000 and again at $42,000.” Source
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New York-based Defiance ETFs is launching an exchange-traded fund (ETF) focused on non-fungible tokens (NFTs), according to a press release sent to CryptoX.The fund will track the performance of an index, dubbed the BITA NFT and Blockchain Select Index, composed of NFT, blockchain and crypto stocks, including NFT marketplaces and
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Deribit exchange is the absolute leader in the Bitcoin (BTC) options markets and on Nov. 24 the 25% delta skew indicator signaled that sentiment among pro traders was becoming “more bearish overall.”We've seen 25-Delta put skew moved from around 0% to almost 10-15% pending time to expiry since beginning of
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The United States Securities and Exchange Commission (SEC) has ordered crypto mining firm Marathon Digital Holdings to produce documents and communications for one of its mining facilities in Montana.According to a Monday filing with the SEC, Marathon Digital received a subpoena regarding an investigation into possible violations of the federal
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“Some investors may think there is a shortcut to investing in an equity blockchain fund where they have exposure to crypto. However, with the current hype and certain crypto bans in India, many may be forced to invest as this is the only choice available,” said Kssis. Source
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The metaverse is important because it can “fundamentally change the medium through which we socialise with others, watch music performances, engage with fashion brands, learn and/or speculate on digital assets such as NFT’s or in-game skins,” Morgan Stanley said in a research note. Source
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Austria’s Federal Ministry of Finance hopes to boost confidence in cryptocurrencies by taxing them like mainstream stock and bond investments, according to a Bloomberg story.Starting next March, Austria will apply a 27.5% capital gains levy on digital currencies, including bitcoin and ether.The initiative will be part of a nationwide tax
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The stocks of crypto mining companies, which are heavily exposed to the prices of the crypto currencies they mine, surged on Monday after the price of bitcoin approached record highs and ether, the native token for Ethereum, hit an all-time-high.Among the crypto miners, Marathon Digital led the surge on Monday,
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Bitcoin has grown to become one of the preferred investment options in recent times. Its popularity among investors can be credited to the returns the asset has brought in its decade of existence. It is one of the few assets that has consistently served as a hedge against inflation while
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Bank of America (BofA) highlighted 10 bullish charts for stocks with digital asset exposure, according to a research note Friday.The stocks are Advanced Micro Devices (AMD), American Express (AXP), Bunge (BG), Exelon (EXC), Facebook (FB), JB Hunt (JBHT), JPMorgan (JPM), SVB Financial (SIVB), Tesla (TSLA) and Workday (WDAY).Advanced Micro stock
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