marketsgonewild

Bitcoin’s Price Drop Doesn’t Deter Cathie Wood – Supported by the Power of the Largest Computer Network

Cathie Wood Stands Firm in Support for Bitcoin Despite Weekly Decline What Happened Cathie Wood, CEO of Ark Invest, has expressed her unwavering support for Bitcoin (CRYPTO: BTC) despite a recent 5% weekly decline in its price. In a tweet, Wood highlighted that Bitcoin is backed by the world’s largest computer network. This comes as…

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NZD/USD: A Technical Analysis – Support Tested and Consolidation Begins, Setting the Stage for Next Week’s Battle for Control

NZD/USD: A Technical Analysis – Support Tested and Consolidation Begins, Setting the Stage for Next Week’s Battle for Control Description: The NZDUSD moved lower in the early part of the week, helped by technical breaks and slower growth in China. The move to the downside continued until the price moved into a key cluster of…

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SEC Delays Fidelity’s Ether ETFs, Direxion Enters the Bitcoin Arena: What This Means for Cryptocurrency Investors

SEC Delays Fidelity’s Ether ETFs, Direxion Enters the Bitcoin Arena: What This Means for Cryptocurrency Investors Description The United States Securities and Exchange Commission (SEC) has announced a 45-day extension to its deliberation period for asset manager Fidelity’s Ether exchange-traded funds (ETFs). The regulatory body cited the need for sufficient time to evaluate the proposed…

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Uniswap Unveils New Security Feature: Will it Boost Demand for UNI?

Uniswap Labs Introduces New Security Feature to Address Token Allowance Vulnerability Uniswap Labs, the developer of Uniswap–a decentralized exchange, has introduced a new security feature called Permit2. Taking to X on January 18, the DEX developer said this update addresses the “infinite token allowances” vulnerability that hackers can exploit. This flaw risked user funds, and…

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Get Ready to Laugh (and Breathe a Sigh of Relief): Senate Set to Pass Stopgap Spending Bill to Avoid Government Shutdown

It’s All Fun and Games Until the Government Shuts Down What’s the Deal with Government Shutdowns? On Thursday, the Senate was poised to approve a bill that would fund the government until early March, placing the onus on the House to do the same and stave off a potential government shutdown starting Saturday. Senate majority…

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