WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – SEPTEMBER 6
Today’s Price Action: *Bitcoin and Ethereum saw sharp declines in the past 24 hours, with heavy trading volume and strong selling pressure driving the move. Technical indicators for both cryptos point to a bearish outlook, as prices are trading well below key moving averages and deep into oversold territory. While a short-term rebound is […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – AUGUST 30
Today’s Price Action: *Bitcoin and Ethereum have seen modest declines in the past 24 hours, with prices fluctuating within relatively narrow ranges. Despite these recent dips, both cryptos maintain strong support levels and long-term bullish trends. However, short-term indicators reflect mixed or slightly bearish sentiments. Friday *As August ends, Bitcoin lags behind traditional assets, […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – AUGUST 23
*In the past 24 hours, Bitcoin and Ethereum have seen modest price changes within narrow trading ranges, with BTC and ETH experiencing a slight rise. Both assets maintain a bullish long-term outlook, supported by their 200-day SMAs. However, caution is advised due to mixed signals from various market indicators. Friday *Stocks edged higher ahead of […]
Can Crypto Sway the U.S. Election?
With the political environment so finely poised, candidates would be wise to attract crypto voters, says Nonco’s Jeffrey Howard. As the U.S. election approaches, political polarization is once again front and center. The country remains deeply divided, with the electorate split nearly 50/50 along party lines. The presidential race is shaping up to be too-close-to-call, […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – AUGUST 16
Price Action: *Bitcoin and Ethereum both experienced declines in the past 24 hours, with BTC dropping by about 2.7% and ETH by around 3%. Both cryptocurrencies are trading below key moving averages, indicating a bearish trend, but are approaching oversold conditions, suggesting potential for a short-term rebound. Friday *A stock rally that had been on […]
The Impact of Ether Staking on the Digital Asset Derivatives Market
The digital asset market continues to evolve, introducing innovative instruments and strategies tailored for institutional investors. One of the most notable advancements in this space is CESR™, the composite ether staking rate, a benchmark designed to provide a standardized measure of staking yields for Ethereum validators. Market Commentary Recent developments in the Ethereum ecosystem, particularly […]
Weekly Market and Economic Highlights – August 9
Price Action: *In the past 24 hours, both Bitcoin and Ethereum have experienced notable price increases, with BTC rising approximately 2.2% and ETH about 4%. Despite these gains, both cryptocurrencies face significant resistance levels above their current prices, and technical indicators present a mixed picture, suggesting caution as they approach key resistance points. Friday […]
Weekly Market and Economic Highlights – August 2
Today’s Price action: *Over the past 24 hours, both Bitcoin and Ethereum have experienced significant price fluctuations, with BTC seeing a modest increase and ETH a notable decline. Despite mixed technical indicators and recent volatility, both cryptocurrencies are showing potential for upward movement in the long term, though caution is advised due to short-term bearish […]
Weekly Market and Economic Highlights – July 26
Yesterday’s ETF Flow *Top Bitcoin ETFs net inflow today: IBIT 64.86M, FBTC 1.41M. *US BTC ETFs see 26M outflows, all from Grayscale. *ETH ETFs net inflow today: ETH 42.63M, ETHV 18.28M, ETHW 16.34M, ETHA 16.08M. *US ETH ETFs see 303.61M outflows, all from Grayscale Ethereum Trust. Monday *Markets were already dealing with a lot as […]
Nonco and Twinstake Announce New Developments in Ethereum Staking and Yield Strategies
Nonco is excited to announce its new offering aimed at providing Ethereum (ETH) validators with a fixed-rate yield solution. Leveraging the CESR™ (Composite Ether Staking Rate) as a benchmark for the liquid term structure of implied staking rates, this initiative seeks to provide a reliable and predictable income stream for ETH validators. Twinstake proudly becomes […]