A large XRP transfer worth over $64 million by a Ripple whale has caught market attention as analysts suggest a possible bullish breakout. The transaction involved 29,532,534 XRP moving from an unknown wallet to Coinbase, hinting at renewed activity among large holders. As XRP continues to trade above key support levels, traders are watching the market closely. Technical signals and ...
In the truncated week due to one trading holiday, the markets extended their gains and closed the week on a positive note. While remaining largely within a defined range, the Nifty continued consolidating above its 200-DMA while not adopting any sustainable directional bias. While the Index continued defending its key support levels, it oscillated in the range of 535.10 points. ...
The market does not always follow the same script or sequence, but bear markets typically end with a bottoming process marked by specific stages. These include capitulation, a short-term reversal-thrust, a follow-through thrust and long-term regime change. The first two stages mark downside excess and the initial turn around, while the latter two signal strong follow through. Today’s report will ...
Michael Saylor’s Strategy has doubled down on its Bitcoin bet, acquiring 15,355 BTC for $1.42 billion at an average price of $92,737—marking its third mega-purchase this April after buys of $555.8 million at $84,785/BTC and $285.8 million at $82,618/BTC. With a 13.7% YTD yield on its BTC holdings, Bitcoin price consolidates near $96k ahead of the May 7 Fed meeting. ...
The crypto market has been making steady gains in the last two weeks as the macroeconomic uncertainty from the ongoing US-China trade war weakens the dollar while making Bitcoin and altcoins more appealing to traders. Amid minimal chances that the two economic giants will reach a trade deal soon, crypto traders are seeking the best altcoins to buy to position ...
Singapore is holding an election on Saturday almost certain to perpetuate the unbroken rule of the People’s Action Party, in a test of public approval for its new prime minister as the city-state braces for economic turbulence from a global trade war. The election is a bellwether for the popularity of the PAP, which has ruled since before Singapore’s 1965 ...
Sitting inside her new apartment in kibbutz Tzora, a leafy community just west of Jerusalem, Almog Holot ran her fingers over a bowl of crystals as the wind chime on her balcony blew in the breeze. Eighteen months ago, she spent 12 hours gripping the handle of her safe room door in kibbutz Nirim as she, along with her mother ...
With the major averages logging a strong up week across the board, and with the Nasdaq 100 finally retesting its 200-day moving average from below, it can feel like a challenging time to take a shot at winning charts. You may ask yourself, “Do I really want to be betting on further upside after an incredibly strong April?” When the macro ...
Riches are found in reactions—your reactions to changes in the markets. By this, I mean that if you spot a change in money flowing from one asset class to another, one sector to another, one industry to another, before the masses notice, you will be rewarded handsomely. My experience has been that your profits will accumulate dramatically and consistently. A ...
LOUISVILLE, Ky. — Bob Baffert is not in hiding this week at Churchill Downs, but you could say he’s been a bit scarce. Usually game for a daily yuk-it-up with the media outside Barn 33, where Baffert for years reveled in his unofficial role as horse racing’s ambassador to the broader sports culture, there have been fewer question-and-answer scrums this ...
NHL teams have plenty of coaching positions to fill this offseason, and it appears that one might be getting close. ESPN reported Thursday that the New York Rangers are in advanced contract talks with Mike Sullivan, the two-time Stanley Cup winner who parted ways with the Pittsburgh Penguins this week. The Rangers had fired Peter Laviolette after the season. The ...
XRP price is off to a slow start this month as it fluctuates within the narrow range of between $2.19 and $2.25. However, this sluggish performance has not deterred the majority of traders on Binance from opening long positions as they become optimistic that this altcoin may rally higher after Eric Trump fuelled the rumour that Ripple could replace SWIFT. ...