DXY breaks all time highs dragging markets back to June lows. GBP flash crashes Sunday evening on market open. Japan central bank intervenes on USD/JPY. FED raised 75 bps and Powell told the market they’re still set on bringing inflation down. This was before GBP & EUR started accelerating downwards. The flash crash of GBP …
The Merge was a success, with Ethereum transitioning from POW to POS. Solana NFTs are heavily outperforming the market, with multiple collections rising more than 10 fold CPI came in higher than the expectation at 8.3% – which made the market risk off pre-merge – and has the market in its grip with FOMC this …
Last Week Recap Ethereum’s ‘Bellatrix’ upgrade went live Solana NFT’s gaining more traction as entry is more accessible for the average market participant. Microstrategy announcing 500M stock sale and possibly “Using some for Bitcoin”. Bank of Russia agrees to legalize crypto for cross-border payments. Google builds a merge countdown when searching for “The merge”. LUNA …
There’s more to cryptocurrency trading strategies than buying the dip. With the latest Web 3.0 developments and more exciting crypto projects being launched, numerous traders have started to approach crypto assets as an opportunity to increase their capital. Yet, tempted by high-reward trades and glamorous success stories, many of them disregard the risks and set …
The Ultimate Checklist for Cryptocurrency Trading [2022] Read More »
Last Week Recap NFP came in mild, more or less around expectation. Bitcoin and Ethereum traded in a compressed range all week for the first time in a while. Michael Saylor gets sued for tax fraud. FED says it’s starting accelerated QT in September. OpenSea’s August transaction value was $498 million, down about 5.5% from …
“Market makers perform wash trading.” “Market making is simply running a trading bot.” If we only get one Satoshi for every time we hear these (unfounded) statements, we’d probably retire early and buy an island somewhere in the Caribbean. Because most service providers in crypto seem to operate in mysterious, elusive ways, it’s tough to …
We’re Crypto Market Makers: What We Actually Do at Kairon Labs Read More »
Last Week Recap FED is staying on course with tighter monetary policy as Powell says there’s more “pain” to come. US indexes saw the biggest down day since June on Powell’s comments and took crypto with it, with BTC falling below 20k. Sam Trabucco stepping down as co-CEO from Alameda (Source: https://twitter.com/AlamedaTrabucco/status/1562519114979356673 ) End-of-month closes coming up …
The highly anticipated Ethereum merge is just around the corner, and the crypto community is buzzing with opposing opinions and discussing its consequences. Scheduled for mid-Sep, the process of validating crypto transactions will shift from what’s known as Proof of Work (PoW) to Proof of Stake (PoS). PoS isn’t a new concept in blockchain technology, …
All You Need To Know About the ETH Merge and Its Impact on the Market Read More »
Last Week Recap Crypto markets enter correction before the merge as BTC down to 20,760 lows and ETH to 1,523 lows, which represents a sharp 17.7% for BTC and a 25% drop for ETH in less than a week (from recent highs of 25,215 and 2,032, respectively) mainly due to: Fed officials re-focused market into …
Last Week Recap U.S. Consumer prices rose 8.5% in July, less than expected, as inflation pressures peaked and eased a bit Coinbase posted a billion-dollar loss in the second quarter and a revenue miss Ethereum 2.0 Merge on track in middle Sept as Goerli test merge successfully finalized Crypto community divided over Ethereum hard fork …
