Ethereum’s daily RSI concurred with the bearish structure with a reading below 50. What does this mean for ETH? Recently, Ethereum’s daily Relative Strength Index (RSI) has been indicating a bearish trend with a reading below 50. For those unfamiliar with RSI, it is a technical analysis indicator that measures the speed and change of…
Bitcoin price plunges to a 14-day low Market Volatility On Sunday, February 2, Bitcoin’s price plunged to a 14-day low of $96,821. This drop came as markets were weighing hawkish macroeconomic signals, causing investors to panic and sell off their holdings. A wave of uncertainty swept through the cryptocurrency market, leading to a sharp decline…
Talos Energy to Name Veteran Shell Executive as Next CEO Introduction Talos Energy, a mid-sized U.S. oil producer with operations in the Gulf of Mexico, is set to announce Paul Goodfellow as its new CEO. Goodfellow, a seasoned executive from Shell, brings a wealth of experience and expertise to the role. Goodfellow’s Background Goodfellow has…
Polymarket: A Popular Platform for Speculating on Bitcoin Acquisitions Introduction Polymarket, the popular Polygon-based betting platform, has become the focal point for those speculating on MicroStrategy’s next Bitcoin acquisition milestone. Bettors are placing substantial wagers on whether the company will reach the 500,000 BTC mark before March 2025. MicroStrategy’s Bitcoin Acquisitions MicroStrategy, a publicly traded…
Understanding Potential Recovery for Innovative Industrial Properties, Inc. Investors The Issue at Hand As an investor in Innovative Industrial Properties, Inc. (NYSE:IIPR), you may have suffered a loss and are seeking information on a potential recovery under the federal securities laws. It is important to be aware of your rights and options in such situations….
Ripple’s XRP Escrow Unlock: Analysis and Impact Introduction Ripple, the blockchain payment protocol, recently unlocked 500 million XRP from escrow, causing a stir in the cryptocurrency market. This move follows a previous release of one billion XRP tokens, which were transferred from unknown wallets to Ripple in four separate transactions. The transactions were detected by…
UBS Tests Tokenized Gold Product on Ethereum Layer-2 Scaling Solution ZKsync Introduction Union Bank of Switzerland (UBS), the largest bank in Switzerland, is making waves in the world of digital assets by testing a tokenized gold product on Ethereum (ETH) layer-2 scaling solution ZKsync (ZK). This move is a significant step towards utilizing blockchain technology…
The Debate Over Tariffs vs Income Tax An Overview Since Donald Trump was sworn in, debate has intensified over replacing income tax with tariffs—a tactic free market purists contend is simply another form of economic interference—prompting this editorial to explain why tariffs are considered unworkable and to explore alternative funding methods for a minarchist-style government…
