Former Goldman Sachs executive Raoul Pal says that the crypto markets have reached their relative price low, and that the industry is positioning itself for another rally. Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro Fund in London for...
During a recent interview with Kitco News, Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, shared his latest thoughts on inflation and crypto. “Rich Dad Poor Dad“, which is one of the top 10 personal finance books of all time, “advocates...
The recent correction phase discounted the EOS price by 28% and dumped it to $2.12 support. Responding to the falling wedge pattern, the altcoin bounced back from the mentioned support and continued the north march towards the $3 mark. Can buyers trigger the wedge pattern to bolster a bullish rally?
SHIB price continues to consolidate in a short-term trading range with a negative bias. The current price action trades near a crucial support area waiting for a fresh trend set up. A successful breakout could yield gains for investors. SHIB price trades lower with a negative bias on Saturday. The bearish RSI divergence indicates impending downside movement. The downside risk is limited near the 50-day EMA. As of press time, SHIB/USD reads at $0.000025, down 1.66% for the day. The 24-hour trading volume...
In a recent interview, Do Kwon, Co-founder and CEO of Terraform Labs — as well as a director at Luna Foundation Guard (LFG) — talked about the limitations of centralized fiat-backed stablecoins. Kwon’s comments were made during an interview with Kate Rooney, a technology reporter for CNBC. According to a report by...
All over the globe, the majority of the countries are working on making rules and regulations regarding Cryptocurrencies. In a bid to eliminate illegal crypto mining, Iran is looking forward to regulating more strict laws. The Iranian Government is aiming to proceed with new regulations to increase fine over unlawful crypto mining. While the country allows authorized crypto mining, it had cracked down on illegal mining last year to ease the burdens on its electricity grid. Iran’s new regulation will include...
FTX, the third-largest crypto exchange by volume, appears to be courting former heads of state for an upcoming crypto conference in the Bahamas. The two-day conference later this month features 42nd U.S. President Bill Clinton, as well as former British Prime Minister Tony Blair as panellists. Philip Davis, Prime Minister of the Bahamas, is also a featured speaker. While the list of speakers also features a veritable list of popular crypto and financial names, the three stand out for their political...
The host of popular crypto analysis and market commentary show InvestAnswers claims that privacy-focused altcoins will likely be hammered by the impact of government regulations. Speaking in a recent interview, the host of InvestAnswers explained that he is skeptical about investing in privacy coins, which he believes are...
Bored Ape Yacht Club (BAYC) NFTs saw demand skyrocket in the last 24 hours. The collection’s 24-hour trading volumes surged by 176%. The rise can largely be attributed to increased whale buying, as the floor price of the Bored Ape Yacht Club collection dropped below key levels. BAYC is a unique collection of NFTs on the Ethereum blockchain, continuing to gain interest from celebrities, businesspeople, and crypto whales. Given that the apes are priced in ETH, their USD floor price...
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