Crypto Lender Genesis Owes Creditors Over $3B: FT
Digital Currency Group, Genesis’ parent company, is reportedly looking to sell some of its venture-capital portfolio, worth around $500 million. Troubled crypto lender Genesis owes…
Tag: blockchain
Crypto Is Trying Out Traditional Finance’s Failures in Hyperspeed, but It’s Going to Be Fine
What is going to be most interesting here is seeing what happens to bitcoin and other cryptos during these Hard Times. The last time I wrote…
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…
Aptos Revealed as PayPal Ventures’ First Layer 1 Investment
Aptos Labs announced a $200 million funding round in March and has now revealed that the venture arm of the payments giant was among the…
Wyckoff Wave Near Bottom Of Trading Range
The Wyckoff Wave closed the week slightly higher, with increased volatility around the FED speak. Volume was average on the selloff. The oversold Technometer reading…
Wyckoff Wave Still Under Pressure
The Wyckoff Wave spent last week continuing to subdivide lower. Volume increased on the selloff. I was wanting a slightly more oversold Technometer before entering…
Wyckoff Wave Trying To Dig Out Still?
The Wyckoff Wave spent last week working higher, then succumbed to major selling to end the week. Volume increased some on the selloff. I was…
Bitcoin Slips Below Support Level to $38.5K as US Tax Return Deadline Approaches
Tax-related selling seems to have aggravated macro-driven weakness in the bitcoin market. Bitcoin (BTC) has breached critical price support to hit one-month lows as the…
Wyckoff Wave Trying To Dig Out?
The Wyckoff Wave spent last week sideways then higher on Thursday to end the holiday shortened week. Volume continues at very low levels. I was…
Wyckoff Wave Ready To Turn Back Higher?
The Wyckoff Wave spent last week in correction mode. Volume was at very low levels once again. I was expecting a little more pullback before…