In the volatile cryptocurrency market, understanding investor sentiment can be a crucial, yet tricky source of information. The CEO and co-founder of CryptoQuant, Ki Young Ju, has recently suggested large investors are still engaging with the market with a “risk-on mode.” According to a post Ki Young Ju shared in the microblogging platform X (formerly known as Twitter) with his […]

Max Keiser, a well-known Bitcoin advocate and advisor to the president of El Salvador, has expressed an optimistic outlook for Bitcoin’s near-term trajectory. Responding to a recent CNBC article titled “Signs of Disruption Emerge in Financial Markets,” which discussed a significant shift in the financial landscape from expectations of enduring low-interest rates to the anticipation of higher rates, Keiser took […]

Shares of Pioneer Natural Resources Company (PXD) are rising more than 8% Friday morning at $234.13. The oil giant Exxon Mobil is reportedly in advanced talks to buy the company in a transaction valued about $60 billion. PXD has traded in the range of $177.27 – $274.70 in the last 1 year. Source: Read Full Article

Cautious optimism marked sentiment ahead of the release of the monthly non-farm payrolls data from the U.S. The latest job market update and the CPI readings due on Thursday are expected to influence market perception on Fed’s likely moves. The FOMC minutes due on Wednesday would also help gauge the Fed’s aggressiveness in combatting inflation. Wall Street Futures are trading […]

According to CoinDesk, J.P. Morgan has released a research report indicating that Ethereum’s network is becoming increasingly centralized, and its staking yield has diminished, following the Merge and Shanghai upgrades. The report, published on October 5, was led by analysts including Nikolaos Panigirtzoglou. Nikolaos Panigirtzoglou holds the position of Managing Director at J.P. Morgan and operates out of London, focusing on […]

A crypto YouTuber has revealed his Bitcoin exit plans to the public, stating that he would only withdraw from the cryptocurrency once BTC reaches a staggering $142,000.  It is important to note that Bitcoin is presently trading below the $30,000 mark. Hence the popular YouTuber may have to wait a few years before leaving the market for good.  Crypto YouTuber […]

Cryptocurrency market capitalization hovered close to the $1.09 trillion level over the past 24 hours, even as bond yields eased, Dollar Index extended losses and stock markets remained muted. The 24-hour crypto market trading volume was also muted at $23.6 billion. While the eagerly watched trial of SBF commenced, markets now wait for the monthly jobs data on Friday. FOMC […]

Fears of the Fed keeping interest rates higher than anticipated, for longer than feared, kept crypto market sentiment subdued. The recent spike in bond yields that followed data showing a jump in job vacancies in the U.S. in August added to the concerns. The ISM Services PMI report is due later in the day. Anxiety ahead of the non-farm payroll […]

Bitcoin has recorded an overall positive price movement in the last week, gaining by 2.39%, according to data from CoinMarketCap. The premier cryptocurrency suffered a slight dip between Tuesday and Thursday but soon rose on Friday to trade above $27,000 again.  Meanwhile, in celebrating the new month of October, popular crypto analyst Michaël van de Poppe has predicted an incoming […]