Bitcoin’s Bullish Surge Supported by Rising Open Interest: $80K Next? The Rise of Bitcoin’s Derivative Market Bitcoin’s derivative market is currently experiencing a bullish surge, with long position traders dominating the scene. These traders are showing strong confidence in the market as they are willing to pay premiums to short traders, indicating a bullish sentiment…
Bitcoin Price Analysis Current Situation Bitcoin price started an upside correction from the $38,500 support zone. BTC could gain bullish momentum if it clears the $40,500 resistance zone. Bitcoin price is attempting a recovery wave from the $38,500 support zone. The price is trading below $40,000 and the 100 hourly Simple moving average. There is…
Welcome to the Big Apple! Lost in the Concrete Jungle New York City, the city that never sleeps, is known for its fast-paced lifestyle, iconic skyline, and diverse culture. From Times Square to Central Park, there’s always something to see and do in this bustling metropolis. But what happens when the bright lights of the…
Welcome to the Wild World of Scam Tokens: The Case of Trump Memecoins When the Memes Meet the Blockchain: A Recipe for Scams It seems like there’s never a dull moment in the world of cryptocurrencies. Blockchain security firm BlockAid has just sounded the alarm on a new trend: scam tokens named after none other…
The X Platform: A Game Changer in the Crypto World Buckle up, Dogecoin Lovers! What’s the Buzz About? So, you’ve probably heard the latest gossip in the crypto community – The X (formerly Twitter) platform is gearing up to launch its payment services, with rumors swirling around the inclusion of Dogecoin (DOGE) in its payment…
Charmingly Eccentric: Amazon’s Reorganization Sparks Discussion The Internal Memo Amazon is eliminating a small number of roles in its Communications and Sustainability departments, according to an internal memo viewed by TechCrunch. The news has stirred up discussions about the company’s priorities and future direction. What Does This Mean for Me? As a consumer, the reorganization…
Canadian Imperial Bank of Commerce (NYSE:CM) Q4 2024 Results Conference Call Overview Key Participants Geoff Weiss – Senior Vice President, Investor Relations Victor Dodig – President and Chief Executive Officer Rob Sedran – Chief Financial Officer Frank Guse – Chief Risk Officer Shawn Beber – Senior EVP & Group Head of US Region Harry Culham…
Bank of Korea’s Latest Updates and Their Potential Impact The Bank of Korea’s Current Stance Earlier observations from the Bank of Korea indicated caution, with the central bank expressing that it was premature to be confident about inflation converging on the target level. However, Governor Rhee has now declared that Friday’s rate decision was unanimous,…
