Deutsche Bank reportedly applies for digital asset custody license from BaFin
Germany’s banking industry is slowly warming up to the crypto sector, with multiple partnerships and crypto services launching in 2023 after a long, cautious approach.
Invesco Reapplies for Bitcoin ETF, Advocates for More Crypto Investment Products
Invesco first filed for a Bitcoin ETF in the fall of 2021, but has since re-applied in light of BlackRock’s application. Investment management company Invesco
GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said. Grayscale Bitcoin Trust’s
Crypto Global Bid and Ask Metric Plunged 20% Over Weekend, Points to Paper Thin Liquidity
Hyblock Capital’s global bid and ask indicator plunged 20% during Saturday’s altcoin crash, indicating a sharp deterioration in the crypto market liquidity. A key metric
Wanted to post my Wyckoff chart showing OP continuing to hit new lows while price moves sideways in a possible triangle. And the Technometer is once again oversold….
Here is Elliott Wave Intl’s count for LTC. They are looking for one more break to $80 to complete the red wave 4 triangle.
Binance, CEO Zhao Sued by CFTC Over ‘Willful Evasion’ of U.S. Laws, Unregistered Crypto Derivatives Products
The CFTC alleged Binance offered unregistered crypto derivatives products and directed U.S. customers to evade compliance controls through the use of VPNs The U.S. Commodity
Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto Exchange
Taking an expanded role overseeing regional markets outside the U.S., former regulator Richard Teng wants to demonstrate Binance is “a new organization.” The appointment of
Bitcoin Recedes to $27K as Fed’s Mester Favors Unabated Tightening
“I don’t really see a compelling reason to pause rate hikes,” Fed’s Mester said, validating the recent hawkish repricing of interest rate expectations in the
Bitcoin Headed for First Monthly Loss in 6 Months
The liquidate wave from the narrative of lower inflation has now run its course and the market needs a new driver and theme to lift
#Stocks down again today, #bonds making a low, and #Bitcoin? Lets go over the charts 😎💪🏼 #shorts
U.S. Debt Deal Could Weigh On Bitcoin Price, Some Say
The Treasury’s efforts to build back cash balances after resolution of the debt limit situation might suck out dollar liquidity from system, pushing bitcoin lower.
The Wyckoff Wave Overbought, Let’s Look For Pullback.
The Wyckoff Wave finished the week higher once again as called for on average volume. We was looking for a little higher this week, and
The Wyckoff Wave Going To Overbought.
The Wyckoff Wave finished the week solidly higher, on more normal volume. BA, GE, and T lead the advance for the Wave. We was looking
The Wyckoff Wave Looks Neutral Here.
The Wyckoff Wave finished the week flat, on low holiday volume. Our Technometer was near overbought, now back at neutral, so this week could go
The Wyckoff Wave Looks Bearish On A Little Further Rally.
The Wyckoff Wave finished the week lower as expected, on slightly higher volume. We had a neutral Technometer last week so we was wanting lower
The Wyckoff Wave Needs A Little Lower Before A Low Is Reached.
The Wyckoff Wave finished the week lower as expected, on slightly higher volume. We had a neutral Technometer last week so we was wanting lower
The Wyckoff Wave Close To Making Another Low.
The Wyckoff Wave finished the week lower as expected, on average volume. We had an overbought Technometer and we expected lower which we got. We
The Wyckoff Wave Ready For A Correction.
The Wyckoff Wave finished the week higher once again, on low volume. We now have an overbought Technometer and we expect a correction this coming
The Wyckoff Wave Keeps Trading Higher.
The Wyckoff Wave closed higher every day last week as expected, on low holiday volume. It appears we can still work higher in the coming
We Think The Wyckoff Wave Can Continue Higher In The Coming Week.
The Wyckoff Wave closed nicely higher once again for the week, on low volume. We was wanting an another oversold Technometer before a resumption of
Bitcoin Lags as Unwinding of ‘Fed Trade’ Lifts US Stocks Above 200-Day Average
Bitcoin trades at a significant discount to its 200-day average as popular macro trades of 2002 unwind, leading to risk revival in traditional markets. Unless
Dogechain Token Price Triples in 7 Days
The dogecoin-related project is getting pumped. It’s not the first time. Community members are voting on a “great burn.” The token for Dogechain, a Polygon Edge-based smart
Bitcoin Jumps Most in 6 Months as Hopes for 2023 Rate Cut Persist
ING expects a rate cut in June 2023 followed by further easing in the second half of the year. Major cryptocurrencies bounced early Friday as
First Mover Americas: Bitcoin Now Below $19K as Merge-Fueled Ethereum Classic Hype Unwinds
The latest price moves in crypto markets in context for Sept. 7, 2022. Price point Bitcoin (BTC) was trading below the $19,000 threshold on Wednesday,
First Mover Americas: A Bleak Month for Crypto as Bitcoin Slides, Ether Stalls and Solana Tanks
Price point Market conditions remained choppy on Wednesday with bitcoin (BTC) hovering around the $20,300 mark, down slightly on the day. Stocks were mixed and futures tied to
First Mover Asia: Bitcoin Rebounds Past $20K; China’s Blockchain Revolution Is Missing On-Chain Data
Ether and most other major altcoins regain ground they’d lost in last week’s downturn; China companies seem unconvinced by blockchain technology. Prices: Bitcoin gains ground, hovering
But Exchanges, What Low Volumes You Have!
Even though bitcoin’s price is range-bound and crypto exchange volumes are at yearly lows, there is no reason to worry … yet. Bitcoin (BTC) put