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  • The chop continues as cryptos trade sideways, Bitcoin holds $26,500

    From kitco.com

    It was another day of sideways price action in the cryptocurrency market on Thursday as U.S. lawmakers inched closer to a compromise on the debt ceiling but ultimately entered the long Memorial Day weekend without a deal. On Wednesday night Fitch warned it might downgrade the United States' AAA credit rating, the first notable consequence of the stalled negotiations. Despite this development, two of the three major stock market indices trended higher on the day, in part due to a surge in the price of Nvidia (NVDA), which helped bolster the Nasdaq. At the close of markets, the S&P and Nasdaq finished in the green, up ... (full story)

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    Global Outlook June 2023: the US debt ceiling saga

    From youtube.com/theeconomistintelligenceunit|May 25, 2023

    In EIU’s latest global outlook video, global forecasting director, Agathe Demarais, and global economist, Cailin Birch, discuss the US debt ceiling saga.

    Ron DeSantis launches Presidential run with defense of Bitcoin, renewed attack on CBDC

    From kitco.com|May 25, 2023

    Florida Governor Ron DeSantis formally launched his bid for the White House in 2024 on Wednesday, and he made protecting crypto a key part of his pitch while taking aim at ...

    Paradigm broadening crypto-only focus to areas including AI

    From theblock.co|May 25, 2023

    Crypto venture capital firm Paradigm, one of most established and active players in the space, is going beyond just blockchain and highlighting a focus on a broader array of ...

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    Crypto Insights: Ether Finds Stability

    From youtube.com/cmegroup|May 25, 2023

    For the past two weeks ether has been trading back-and-forth around the psychological and technical level of $1,800. Can the cryptocurrency maintain stability amid a strong U.S. ...

    Fed Traders Are Fully Pricing In Another Rate Hike Once Again

    From bnnbloomberg.ca|May 25, 2023

    Traders fully priced in another quarter-point interest-rate increase by the Federal Reserve within the next two policy meetings and a more than one-in-two chance that hike could ...

    Bitcoin’s Next Big Move Hinges on $26,500

    From dailypriceaction.com|May 25, 2023

    Bitcoin closed below $26,500 on Wednesday for the first time since mid-March. The level had served as key support for months before Wednesday’s breakdown. However, the jury is out ...

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  • Posted: May 25, 2023 5:31pm
  • Submitted by:
     Newsstand
    Category: Technical Analysis
    Comments: 0  /  Views: 57
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