WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – OCTOBER 11
Price action: *Over the past 24 hours, BTC saw a notable upward movement, rising from approximately $60,741 to close around $62,263, marking a 2.48% price increase. The price fluctuated within a range of about 6.14%, hitting a low of $58,883 and a high of $62,414. A bullish scenario could unfold if Bitcoin breaks the […]
Call Summary: Animoca Brands Update on MOCA ID and Ecosystem Growth
Animoca Brands shared updates on their efforts to improve digital identity and reputation systems in Web3, a decentralized internet built on blockchain technology. Their MOCA ID solution allows users to build and carry their reputation across different blockchain networks (cross-chain), creating trust and value across various platforms. The Realm SDK, a toolkit for developers, simplifies […]
Nonco joins TP ICAP’s Fusion Digital Assets to enhance liquidity for spot Bitcoin and Ethereum markets
Nonco, a leader in institutional digital asset trading, is pleased to announce its partnership with TP ICAP’s Fusion Digital Assets exchange. As part of this collaboration, Nonco will provide liquidity for the Bitcoin and Ethereum order books, strengthening the exchange through tighter spreads and offering deeper liquidity for its participants. Fusion Digital Assets, a cutting-edge […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – OCTOBER 4
Price Action In the past 24 hours, both Bitcoin and Ethereum have seen modest upward movements, with prices slightly above their respective 30-day rolling VWAPs, indicating potential short-term undervaluation. However, both assets remain below their 200-day SMAs, signaling a bearish long-term outlook. Caution is warranted as prevailing bearish indicators and negative sentiment in accumulation/distribution metrics […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – SEPTEMBER 27
Price Action: *Bitcoin and Ethereum have both seen upward momentum, with BTC gaining 1.81% and ETH registering a modest rise. Strong buying interest and accumulation continue to support the short-term bullish trend, but both cryptos are nearing overbought levels. While the fundamentals remain strong, caution is warranted as technical indicators point to potential selling pressure […]
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, […]