Most Popular
XAU Worth Evaluation: Gold Worth Stretches Rally as $4,886 Comes Into View
The market is now less appealing than it was during the breakout, as the three charts demonstrate, while the rally in gold has extended into the $4,650 range in the short-term. The common signal is bullish when the price is above the previous resistance level, the buyers react fast to a shallow price decline, and…
BitMEX Units Shut-Solely Danger Limits Forward Of September Wind-Down
BitMEX will move into strict risk-limit mode on August 26 as part of its planned exchange wind-down. Starting at 04:00 UTC, users will only be able to close or reduce existing positions. New positions will no longer be allowed. Trading services are scheduled to permanently cease on September 23 at 04:00 UTC, according to the…
Treasury Proposes Stablecoin Licensing Guidelines Beneath GENIUS Act
The US Treasury Department has proposed new licensing rules for payment stablecoin issuers under Section 3 of the GENIUS Act, opening another major comment period for digital asset regulation. The proposed rulemaking was issued on August 18 and published on August 21. Under the proposal, payment stablecoin issuers would need to obtain a federal or…
XAG/USD Value Evaluation Exhibits Silver Testing $70 Resistance and $71 Goal
Silver price action has tested the $70 resistance area and appears to be heading towards the $71.16 level. The stock is heading back to the 69.80-70.00 zone following its brief dip in the day. This area is identified on the 15-minute chart as the London high and active resistance. The current chart shows that silver…
Technique Raises $2B As Bitcoin Holdings Keep Flat For The Week
Strategy Inc., formerly MicroStrategy, has raised $2.01 billion through an at-the-market equity offering while reporting no new Bitcoin purchases during the latest weekly window. In an 8-K filed on August 24, the company said it sold 18.26 million shares between August 17 and August 23. The proceeds were used to establish a new “USD Cash”…