WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – SEPTEMBER 20
Price Action: *Over the past 24 hours, Bitcoin and Ethereum have experienced notable price movements, with Bitcoin seeing a slight decline while Ethereum posted a significant gain. Despite these fluctuations, both cryptos maintain a short-term bullish trend, supported by strong accumulation and sustained trading above key moving averages. However, caution is warranted due to overbought […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – SEPTEMBER 13
Today’s price action: *In the past 24 hours, both Bitcoin and Ethereum have seen modest price increases, accompanied by notable trading activity around key price levels, signaling strong accumulation and buying pressure. While there is short-term bullish momentum, both assets are still trading below important moving averages, suggesting a cautiously optimistic outlook. Friday […]
Nonco Collaborates with CoinDesk Indices to launch Spot and Derivatives execution on the CoinDesk 20 Index
Nonco, an institutional crypto trading firm, today announced a collaboration with CoinDesk Indices, a leading provider of digital asset indices since 2014, to provide access to OTC-based spot and derivatives execution on the CoinDesk 20 Index to institutions in Latin America. Launched in January 2024, the CoinDesk 20 Index addresses the growing demand from institutional investors […]
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 […]
