Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud…
Sam Bankman-Fried’s Dad Thought His Son Wasn’t Paying Him Enough, So He Got Mom Involved
The alleged dispute over Joe Bankman’s $200,000 FTX salary versus his desired $1 million points to an unusual family dynamic at the former cryptocurrency colossus.…
The Wyckoff Wave Overbought, Still Looking For Possible Test To 63,000.
https://youtu.be/e7tGr20c8akThe Wyckoff Wave traded sideways for the week, on slight increase in volume due to expiration. We was looking for lower, and still the same…
Franklin Templeton Latest Wall Street Giant to File for Bitcoin ETF
Franklin Templeton is the latest high-profile fund manager hoping to get a spot Bitcoin ETF approved by the SEC. Asset manager Franklin Templeton is the…
These 4 Charts on Households’ Finances Explain Bitcoin’s Lull
Mainstream interest in the crypto market remains low as key economic indicators show continued decline in the disposable income of the U.S. households. “2023 is…
Bitcoin Short Squeeze Lifts Prices Back to $26K
A short squeeze refers to a price rally driven by an unwinding of bearish bets. Bitcoin (BTC) jumped to nearly $26,000 during the asian trading…
Bitcoin Drops Below $25K With Altcoins Bracing for Deeper Crash from FTX Crypto Sale
Alternative cryptocurrencies could take a hit as FTX looks to shed its $3.4 billion stash of digital assets, crypto services provider Matrixport noted. Crypto markets…
Bitcoin Still Looks Lower Near Term. The Wyckoff Wave Still Looks Lower In The Coming Week, To Possibly Test 63,000.
https://youtu.be/t1lfv547C5QBitcoin’s once again quietly sideways. Volume continues to be low here. We are still on the sidelines and looking for slightly lower. We sold $29,100…
Genesis to Shutter Crypto Trading Desk for U.S. Market
++The subsidiary had escaped parent company Genesis Global’s lending-induced bankruptcy. Genesis’ U.S.-focused spot crypto trading business will shut down later this month, according to an…
Bitcoin Back Near Recent Lows As Expected, And Near Oversold. The Wyckoff Wave Testing The Highs, Ready To Turn Lower.
Bitcoin’s spent another week trading sideway, on low volume. We are still on the sidelines looking to reestablish positions when it warrants. Technometer is nearing…