The on-chain analytics firm Santiment has revealed the altcoins that have recently surged into the mid-term “opportunity zone.” These Altcoins May Be More Likely To See Rebounds In a new post on X, Santiment has discussed what the various altcoins in the market are looking like from the perspective of the MVRV. The “Market Value To Realized Value” (MVRV) refers to an indicator that keeps track of the ratio between the Bitcoin market cap and the realized cap. The realized cap here is a capitalization model for BTC that measures the total sum of capital that the investors have used…
Author: msmark
EUR/USD bumped towards 1.0900 after Fed held steady. Fed Dot Plot still sees 75 bps in 2024. Fed expects rates to be held higher by end of 2026. EUR/USD jumped on reaction to the Federal Reserve’s (Fed) latest rate call, which held rates at 5.5% as markets had broadly predicted. Investor expectations are pricing in additional easing in 2024, despite the Federal Open Market Committee seeing stronger growth through 2024 and 2025 than initially expected. The FOMC’s Dot Plot of interest rate expectations also saw a rise in the long tail end of the curve, with end-2026 rates now forecast…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. As we get closer and closer to the impending Bitcoin halving, the combined pressures of wildly increasing demand and shrinking supply have created an unusual market, turning a historically positive omen into an explosive opportunity for profit.The Bitcoin ETF approval has changed the face of Bitcoin as we know it. Since the SEC made its fateful decision in January, the resultant…
The Ethereum Foundation has been issued its first subpoena by an unknown “state authority” — a development disclosed after the foundation removed the “Warrant Canary” from its website.The disclosure was made in a GitHub repository update and marks a significant moment of government interaction with the foundation.The event has raised several questions about the implications for the future of Ethereum and its related financial products, notably the pending approvals of Ethereum Exchange-Traded Funds (ETFs).Warrant CanaryThe removal of the Warrant Canary is generally understood to indicate that an organization has received a legal request that likely includes a confidentiality requirement, suggesting…
USD/JPY, Fed Analysis Recommended by Richard Snow Introduction to Forex News Trading Yen Looking Vulnerable Ahead of FOMC and All-Important Dot PlotThe yen continued to weaken against the dollar in the London AM session ahead of the crucial FOMC decision this evening. While there is no realistic expectation of a change in the Fed funds rate, market participants are eagerly awaiting the Fed’s ‘dot plot’ which maps out individual views on the likely path of interest rates in 2024, 2025, 2026 and in the ‘long-run’.Stubborn US inflation has revealed its head in some form or another since December last year,…
Despite concerns about the XRP price performance in this market cycle, this crypto expert has elaborated on why he believes the crypto token will still record significant gains. He even predicts that XRP could rise to as high as $10. Why XRP Price Could Rise To As High As $10 Nick, the founder of Web3Alert, mentioned in an X (formerly Twitter) post that his price range for XRP in this market cycle is between $5 and $10. According to him, this is possible considering that there are predictions that ETH will rise to between $7,500 and $10,000 and Bitcoin will…
2024.03.20 2024.03.20 Economic calendar for the week 25.03.2024 – 31.03.2024Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/After an active week (18.03.2024 – 24.03.2024), the next one will not be as eventful and will probably give investors the opportunity to sum up the results of the month and the first quarter of 2024.The dollar remains stable, while market participants continue to analyze the results of the Fed meeting that ended on March 20. Inflation in the United States, which again accelerated in February, has not yet given the dollar sellers an opportunity to begin large-scale sales, and Fed officials to begin winding down the loose monetary policy…
The cornerstone of the modern approach to money laundering is to prevent illicit funds from entering the financial system. The rationale is understandable: if criminals won’t be able to use their money, they will have to eventually stop whatever they are doing and go get a 9 to 5 job.However, after 20 years of ever tighter (and ever more expensive) AML regulations, the levels of organized crime, tax evasion, or drug use do not show any signs of decrease. At the same time, the basic right to privacy is being unceremoniously violated on an everyday basis, with each financial operation,…
BitMEX founder Arthur Hayes is turning bullish on three crypto projects during the current bull market cycle. In a new interview with Pomp Investments founder Anthony Pompliano, Hayes says the decentralized finance (DeFi) project Pendle (PENDLE), which allows users to tokenize and sell future yields, has a lot of upside potential as it innovates in the interest rate space. “If we want to have a farm-to-table use of Bitcoin, Ethereum or whatever cryptos we need interest rates to borrow and lend amongst the ecosystem. So we’re starting to see that. Pendle is pioneering that. They’ve created some fun things with…
Trading can be overwhelming for some. As an active trader, you are constantly bombarded with information from the economic calendar, such as economic data releases, scheduled speeches from government officials, and media reports. And let’s not forget the unexpected geopolitical events that arise. It’s difficult sometimes to make sense of it all – to see which specific information actually has an impact on your trades. Trading plans you created just a couple hours ago can become irrelevant and useless with a single breaking news alert. When things don’t go as planned, it can be frustrating, but it’s crucial that you remain calm.…