DeFi - news, reviews, articles

2023-01-31 18:15:38 Breaking: India Bullish On Crypto Regulation With Latest Economic Survey?

https://bit.ly/3RhqIUb Open / Comment

2023-01-30 10:25:32 U.S. citizens' savings are at a record low

It's time for Americans to start austerity mode, which will reduce demand and accelerate the decline in inflation.

And then the Fed will soften up... Open / Comment

2023-01-27 17:37:22 Another indicator from PlanB turned green. Yesterday's poll also showed a shift in sentiment in favor of the bulls

A 1.1% rise in the S&P 500 helped keep bitcoin from falling below $22,500, but it was not enough for more. Demand for BTC is still weak, but altcoins continue to shoot up in hopes of a bull market

Amazon may start trading NFT starting in April, and will also offer blockchain games on the PlayToEarn system. Very positive news, but I wish they would just buy BTC

Top 3 in 24 hours:
Theta Fuel - $0.06953 (↑43.60%)
Polygon - $1.09 (↑9.03%)
Theta Network - $1.14 (↑7.58%) Open / Comment

2023-01-24 13:37:24 Check out the cool comparisons of the current cryptocurrency bear market (in red) to the post-Bullrun events of 2017 (in blue) and 2013 (in black).

According to Arcane Researh analysts, this coin collapse is quite comparable to previous bearish trends. Specifically, Bitcoin has now peaked at a 78 percent decline, and this occurred on day 376 after BTC reached a record rate.

By comparison, it took 364 days for Bitcoin to bottom out at -84 percent of its previous high after reaching a record high in December 2017.

The current bear market has lasted 439 days, with Bitcoin 67 percent behind the last record. Open / Comment

2023-01-24 13:32:07 Just-In: Grayscale Lawsuit Against SEC Preponed After Genesis Bankruptcy

https://bit.ly/3ks2cDh Open / Comment

2023-01-23 16:59:51 The bull market is on schedule

During the fall of the crypto market in 2018 and 2013, BTC declined to its bottom for an average of 400 days. Then a gradual rise and a bull market closer to bitcoin's halving began.

However, history does not guarantee it will happen again this time. Especially the macro indicators have changed significantly. Open / Comment

2023-01-22 13:14:07 #finneweek

Main Events:

The U.S. national debt has reached the $31.4 trillion limit. Congress may raise it, but political battles await us before then. Politicians have until the summer.

Elon Musk may have violated insider trading laws during the last Tesla stock sale. He lost the most money in the world last year, and 2023 didn't start off well either.

Microsoft will fire 11,000 people and Google will fire 12,000. Such is the game of who's bigger... But investors are expecting a soft landing of the economy without a recession.

Summary:

U.S. inflation speaks for growth, the Fed is scaring up rate hikes again, and the government debt story could go sideways. Also, the S&P 500 never broke the global downtrend, so markets remain in a phase of total uncertainty.

Quotes:

S&P 500 - 3,972 (↓0.65%)
gold - $1,925 (↑0.27%)
Oil Brent - $87.70 (↑2.79%)
USD INDEX - $101.99 (↓0.19%) Open / Comment

2023-01-18 17:07:09 Bitcoin is still heavily overbought on 1D (87 on RSI), and on 4H we see divergence with a hint of downside reversal and volatility compression. The chart favors the correction of the recent growth, and the release of the US PPI data this afternoon may give a good reason for that

Digital Currency Group cancels dividend until better times, company cuts costs because of Genesis unit debts. Maybe they'll even get paid, someday....

FTX has $685 million worth of Solana coins in recovered and liquid assets. The intrigue is whether liquidators will pay back the exchange's debts in cryptocurrency or in dollars by having a sale ♂️

Top 3 in 24 hours:
Shiba Inu - $0.00001211 (↑15.23%)
Casper - $0.03913 (↑12.41%)
Internet Computer - $5.47 (↑7.40%) Open / Comment

2023-01-18 17:01:15 A bullish reversal on the S&P 500, that's the discussion that started on Twitter from trader Peter Brandt

Three days ago he posted a chart with BTC rising to $30k this summer. Open / Comment

2023-01-18 16:52:38 Breaking: Binance Announces Registration In Poland With Full Compliance

https://bit.ly/3iQ9EYv Open / Comment