After twenty days of holding the $22,500 support, Bitcoin (BTC) price finally broke down on Feb. 9. Bullish traders had placed their hope on a sustained rally, but this has been replaced by a tight trading range with resistance at $22,000. The downtrend is even more concerning since the S&P 500 is trading near its
admin
Cointelegraph’s Crypto Trading Secrets podcast has released its fifth episode, featuring Filbfilb, a cryptocurrency analyst and trader popular on Crypto Twitter. The crypto space has seen several bull and bear markets since the industry began with the launch of Bitcoin (BTC) in 2009. Each overarching crypto bull and bear market has primarily hinged on the
Northern Ireland’s Stormont assembly has failed to elect a speaker for the sixth time since elections last May, with the biggest pro-UK political party blocking the move as it presses for sweeping changes to post-Brexit trading arrangements for the region. The Democratic Unionist party’s continuing boycott came as long-running negotiations between London and Brussels to
Rishi Sunak is due to meet EU leaders in Bavaria this week in a final push for a Brexit deal on Northern Ireland, amid warnings of a revolt by Conservative MPs if they judge the UK prime minister is ceding too much ground to Brussels. Sunak is expected to hold talks with EU leaders on
Solana was one of Tuesday’s notable movers, as the token rebounded from losses to start the week. The move comes despite U.S. inflation figures missing expectations. Consumer prices came in at 6.4%, higher than the 6.2% many had forecasted. Tron rose for a fifth consecutive session on Tuesday. Solana (SOL) Solana (SOL) rose by as
US equities softened on Tuesday after inflation slowed less than expected, raising investors’ expectations that the Federal Reserve will respond with further interest rate rises this year to combat increasing prices. Wall Street’s blue-chip S&P 500 and the tech-heavy Nasdaq Composite slipped 0.4 per cent and 0.3 per cent, respectively in morning trade in New
We are all interventionists now. In the US, not long ago the bastion of free market thinking, fear of China, worries over the security of supply chains, aspirations for re-industrialisation and hopes of a green transformation are combining to reshape trade and industrial policies. The EU shares US worries over China, mostly in terms of
Western intelligence shows Russia is amassing aircraft close to the border with Ukraine, an indication that Moscow is preparing to throw its jets and helicopters into the war to support a stuttering land offensive. The fear of a looming air war in Ukraine has prompted allies to prioritise rapid shipments of air defence assets and
Kathryn “Kasey” O’Connor, executive director of the California Hope, Opportunity, Perseverance, and Empowerment (HOPE) for Children Trust Account Program, was awarded the 2022 Chris Allen Memorial Award for Outstanding Advocacy in Public Finance from the National Association of State Treasurers. California Treasurer Fiona Ma nominated O’ Connor for her advocacy of federal legislative issues while
Post-COVID turnover in the state and local workforce, including elevated numbers of retirements and resignations, is forcing municipal bond analysts to rethink their assessment of pension risk — the possibility that pension and other postemployment benefit costs grow so much that they impair a bond issuer’s ability to pay its debts. Pension actuaries use assumptions
Two civil lawsuits, stemming from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), against former FTX CEO Sam Bankman-Fried will be paused until his criminal proceedings are complete. US Attorney Requests Pause on SEC and CFTC Lawsuits to Prevent ‘Judicial Overlap’ According to the latest decision by a New
Nato for the first time has openly acknowledged the possibility of Finland and Sweden joining the military alliance separately, breaking a taboo over their previous insistence they join as a pair, as their bids are being held up mainly by Turkey. The prospect of the two Nordic neighbours being delinked represents an admission that diplomatic
Bitcoin (BTC) ticked above $22,000 after the Feb. 14 Wall Street open as crucial United States inflation data delivered “mixed” results. BTC price hits five-day highs on CPI Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it tested multi-week lows twice on hourly timeframes before reversing upward. The pair saw flash volatility in
Cathie Wood’s investment management firm Ark Invest continues stacking Coinbase (COIN) stock amid the latest cryptocurrency market decline. On Feb. 10 and Feb. 13, Ark made its first COIN purchases since mid-January, adding significant exposure to the United States’ largest crypto exchange. Last Friday, Ark bought 139,105 COIN shares for the ARK Innovation exchange-traded fund
Germany’s defence minister has voiced his frustration with European partners who spent months pressuring Berlin to supply tanks to Ukraine but have so far failed to deliver any of the heavy armour themselves. Boris Pistorius said progress made by other countries in sending German-made Leopard tanks had “not been exactly breathtaking, to put it mildly”.
Cryptocurrency trading has evolved from the perception of simply being a game of chance to a strategic process. Successful traders rely on a combination of technical analysis, specific indicators and metrics to find trades with a high probability of profit. Before explaining the three technical analysis strategies that can help confirm a winning trade, let’s
There are folks who love crowds, as witnessed any New Year’s Eve in Times Square. But when seeking a second or vacation home, even the most ardent crowd aficionados are likely to savor undiscovered jewels unknown to the teeming masses. Happily, a number of largely overlooked mountain, beach and wine country settings still exist. In
While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins by market valuation that has seen a supply increase in the past three months.
Valentine’s Day is all about flowers, chocolate and romantic dates. And nothing says romance quite like cuddling in front of a fireplace. These architectural features are popular for both indoor and outdoor spaces, with an intriguing array of new technologies and formats for almost every homeowner. Having a fire feature is no longer limited to
Bitcoin rebounded in Tuesday’s session, as markets prepared for this afternoon’s U.S. inflation report. It is expected that the annual rate of inflation in the United States dropped to 6.2% in January, down 0.3% from the month prior. Ethereum also rallied, climbing back above $1,500. Bitcoin Bitcoin (BTC) rebounded from recent losses in today’s session,
Wells Fargo & Co. has named Julie Burger and Mark Burns as co-heads of their public finance division, the firm announced on Monday. They will report to Chuck Peck, head of Wells Fargo’s municipal products group, effective Feb. 27. Peter Cannava, current head of public finance, will become the leader of multifamily capital in Wells