Bitcoin crashed by 7% on Wednesday after a Matrixport report said it expects the SEC to reject all ETFs applications next week. Bitcoin slid 7% on Wednesday as doubt about the approval of a spot Bitcon (BTC) ETF spread like wildfire. The crash reversed the gains from the surprising move upwards from January 1, causing…
Bitcoin has passed through its US$45,000 resistance - a price push driven by a wave of positive macro momentum and signs that a spot Bitcoin ETF is could be approved as early as next week. This current uptrend in Bitcoin, often seen as the bellwether of the broader cryptocurrency market, was largely fueled by growing…
In global financial markets, approximately 75% of trading is algorithmic, and the crypto markets are no different. Crypto algorithm trading is widespread and recent years have seen a rise in the number of automated crypto trading bot platforms. What is a crypto trading bot? Crypto bots are software applications that use an API to interact…
An overview of several leading DeFi and CeFi crypto lending platforms and who offers the best crypto interest rates. UPDATED December 23rd 2023. Who offers the best crypto interest rates? With the growth of DeFi & CeFi applications, crypto lending, margin exchanges, and stakeable cryptocurrencies over the last few years, it can be difficult to…
SVET Markets Weekly Update – December 26th–29th, 2023 On Week 52, the world’s markets corrected slightly on profit-taking. However, on a yearly basis, almost all major indexes globally recorded record gains, except in China, where the Shanghai Composite and Shenzhen Component declined by 3.7% and 13.5% YoY. The S&P 500 added 24.7%, the Dow gained…
In the realm of financial trading, technical indicators are pivotal tools, helping traders to decipher market trends and forecast future price movements. In this article, we explain how to integrate ‘volume’ indicators into trading strategies These indicators are primarily mathematical calculations based on the price, volume, or open interest of a security or contract. By…
Cryptocurrencies have revolutionized the way we think about money. This revolution has brought with it the need for reliable online cryptocurrency exchangers, platforms that allow for the conversion of cryptocurrencies like Bitcoin, Ripple, and Tether (USDT) into other digital or fiat currencies. Understanding Cryptocurrency Exchangers What Are They? Online cryptocurrency exchangers are platforms where users…
SVET Markets Weekly Update – December 18th–22nd, 2023 On Week 51, the Nasdaq, along with other major stock indexes, extended its rally into an eighth consecutive week of remarkable growth, driven by traders’ expectations of multiple interest rate cuts by the Federal Reserve in 2024. Macroeconomic data revealed that the economy expanded by 4.9% annually in the third quarter, which…
Delving into the cryptocurrency market, one cannot help but notice the buzz around various digital currencies and their fluctuating values. Within this intriguing world, understanding the factors that influence sol price becomes essential for seasoned traders and newcomers alike. Price movements can intrigue amateur enthusiasts and can often sway the strategic decisions of seasoned investors.…
Addressable, Web3 growth marketing leader, announced today the successful closure of its second funding round this year, reaching a total of $13.5 million so far. The infusion of capital will enable Addressable to supercharge its Web3 Growth Suite and expand its service to new ad networks and blockchains, solidifying its status as the Web3 growth…