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, […]
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 […]
