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Monthly Archives: May, 2023

Crypto Market Near-Term Upside Is Likely Capped: Bank of America

The bank expects digital asset trading volumes to remain subdued, with retail investors remaining on the sidelines. www.coindesk.com

GBPUSD Technical Analysis – Crossing Into Downside

On the daily chart below for GBPUSD, we can see that after a long struggle at the 1.2444 resistance, price broke out and rallied to the...

Debt Ceiling Optimism Supportive of Dollar Index (DXY)

U.S. DOLLAR ANALYSIS & TALKING POINTSUS debt ceiling theme the main driver for markets.Will US PMI push manufacturing below 50?DXY exhibits hesitancy around 103.42...

Number of Ether Staked Has Surged By 4.4 Million Since Shapella Upgrade

The recently enabled withdrawal flexibility in ETH staking, courtesy of the Shapella upgrade, mitigates its perceived risk for many investors," Bitfinex's analysts noted. "Prior...

International Securities Regulator IOSCO Proposes Norms for Crypto Regulation, Invites Feedback

“As the G-7 Finance Ministers and Central Bank communiqué of 13 May has once again reminded us, the time has come to put an...

Dollar keeps steadier to start European morning trade

As stocks are losing a bit of ground to start the session, the dollar is finding a decent footing now. Looking to the antipodeans,...

Aave V2 Users Temporarily Unable to Access $120M on Polygon After Governance Bug

“The new interest rate strategies applied to those assets respect the interface of Aave v2 Ethereum, but not v2 Polygon, so when the LendingPool...

Crypto Trading Platform Crossover Markets Teams With Credit Network Hidden Road to Enable Trading

Hidden Road customers will have access to CROSSx, Crossover’s execution only communication network (ECN), to execute cryptocurrency spot transactions, according to the press release....

How the Debt Ceiling Crisis Threatens the Economy

While some individuals remain optimistic, Wall Street is sounding the alarm, warning that even if government officials reach a deal before the June 1...

Shiba Inu’s Puppynet Testnet Logs 10M Transactions, Putting Ecosystem Tokens in Focus

Ecosystem tokens shiba inu, leash and bone will be used to transact on the upcoming Ethereum-based blockchain. www.coindesk.com

Crypto Exchange OKX Targets France as Regional Hub With Plan to Hire 100 People

OKX has applied for a Digital Asset Service Provider license to join dozens of companies that have already won approval. www.coindesk.com

Bitcoin Price Shows Positive Signs Above $27,000, Eyes Resistance at $27,400

Bitcoin’s price is gradually climbing above the $27,000 mark, and a strong upward movement is anticipated if it surpasses the resistance zone at $27,200.After...

Crude Oil Bumped Up on Hopes of a Debt Ceiling Deal. Will WTI Break the Range?

Crude Oil, US Dollar, Debt Ceiling, TOPIX, ASX 200, Federal Reserve - Talking PointsCrude oil gained some support with the prospect of a US...

FTX CEO's Legal Billings Continue to Hint at '2.0 Reboot'

John Ray III billed just over 6.5 hours in his last cycle reviewing and working on what appears to be FTX 2.0 materials www.coindesk.com

Driver Detained After Truck Crashes Into Square Near White House

The Secret Service detained the driver of a box truck late Monday night after the vehicle crashed into security barriers along Lafayette Square, near...

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