Acolin

26/01/2024

𝐁𝐓𝐂/𝐔𝐒𝐃: 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐁𝐫𝐮𝐬𝐡𝐞𝐬 𝐀𝐠𝐚𝐢𝐧𝐬𝐭 $𝟑𝟖,𝟎𝟎𝟎 𝐢𝐧 𝐒𝐭𝐞𝐞𝐩 𝟐𝟎% 𝐃𝐫𝐨𝐩 𝐒𝐢𝐧𝐜𝐞 𝐄𝐓𝐅 𝐀𝐩𝐩𝐫𝐨𝐯𝐚𝐥

The spot Bitcoin ETF euphoria quickly turned into a severe pullback as the old market adage ‘buy the rumor, sell the news’ played out by the book.

The price of Bitcoin BTCUSD has declined 20% since January 11 when US regulators approved 11 spot Bitcoin ETFs that are now offered by America’s biggest asset managers. The drop washed out roughly $200 billion from Bitcoin’s market cap as the price brushed against $38,400 per token, down from $49,000 on the day the ETFs went live.

After the classic market adage ‘buy the rumor, sell the news’ played out by the book, cryptoland sentiment improved and shot the token’s price to levels around $40,000. The notable softening in demand for crypto products triggered a wave of outflows across the ETF issuers. Grayscale, for one, was knocked by $2.2 billion in withdrawal requests.

Across the crypto spectrum, other big coins were also nursing losses after a string of bruising trading sessions. Ethereum ETHUSD, the second-largest token, is down about 18% since the monumental ETF launch. And Solana SOLUSD, the ultra-fast blockchain, is lower by 24%, moving from $108 to around $80 for the same time span.

23/01/2024

𝐖𝐡𝐚𝐭 𝐭𝐨𝐨𝐥𝐬 𝐜𝐚𝐧 𝐲𝐨𝐮 𝐮𝐬𝐞 𝐭𝐨 𝐤𝐞𝐞𝐩 𝐭𝐫𝐚𝐜𝐤 𝐨𝐟 𝐲𝐨𝐮𝐫 𝐜𝐫𝐲𝐩𝐭𝐨 𝐩𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐝𝐮𝐫𝐢𝐧𝐠 𝐛𝐮𝐥𝐥𝐫𝐮𝐧?

Les cours des cryptos sont en hausse, les airdrops pleuvent, comment suivre l’état de son portefeuille en temps réel ? Voici quelques portfolio trackers.

16/01/2024

𝐔𝐒𝐃/𝐉𝐏𝐘: 𝐃𝐨𝐥𝐥𝐚𝐫 𝐒𝐥𝐢𝐝𝐞𝐬 𝐔𝐧𝐝𝐞𝐫 ¥𝟏𝟒𝟓 𝐭𝐨 𝐏𝐮𝐧𝐜𝐡 𝐈𝐧 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐖𝐞𝐞𝐤 𝐀𝐟𝐭𝐞𝐫 𝐓𝐰𝐨 𝐑𝐞𝐝 𝐃𝐚𝐲𝐬 𝐢𝐧 𝐚 𝐑𝐨𝐰

A quiet start of this week’s trading unfolded as forex speculators won’t break for the off-day like their stock-trading peers.

The USDJPY pair was off to a weak start of the week, continuing its two-day slide that saw the rate drop under the ¥145.00 threshold. The US dollar was largely out of favor across FX deals last week as market participants were trying to make sense of rising inflation and thinning chances of interest rate cuts.

Against that backdrop, light volumes are likely to orchestrate the FX space today as broad markets are taking a break in observance of Martin Luther King Jr. Day. Across the most popular pairs, the
EURUSD was moving sideways near $1.0960 and the GBPUSD
was muted around $1.2750.

The quietness of today is expected to spill into the later part of the week. Traders will be parsing a lightweight economic calendar with December’s retail sales data pending release on Wednesday. In concert with the weekly jobless claims and the consumer sentiment index, the slew of data could provide key insights into the Federal Reserve’s interest rate timeline.

12/01/2024

𝐕𝐚𝐧𝐄𝐜𝐤 𝐥𝐚𝐧𝐜𝐞 𝐥'𝐄𝐓𝐅 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐚𝐮 𝐜𝐨𝐦𝐩𝐭𝐚𝐧𝐭 𝐚𝐯𝐞𝐜 𝐮𝐧𝐞 𝐚𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧 𝐝𝐞 𝟕𝟐,𝟓 𝐦𝐢𝐥𝐥𝐢𝐨𝐧𝐬 𝐝𝐞 𝐝𝐨𝐥𝐥𝐚𝐫𝐬

VanEck lance l'ETF Bitcoin au comptant avec une allocation de 72,5 millions de dollars

09/01/2024

𝐄𝐔𝐑/𝐔𝐒𝐃: 𝐄𝐮𝐫𝐨 𝐏𝐮𝐥𝐥𝐬 𝐁𝐚𝐜𝐤 𝐚𝐬 𝐃𝐨𝐥𝐥𝐚𝐫 𝐁𝐮𝐥𝐥𝐬 𝐒𝐭𝐞𝐩 𝐔𝐩 𝐁𝐞𝐭𝐬 𝐀𝐡𝐞𝐚𝐝 𝐨𝐟 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫’𝐬 𝐉𝐨𝐛𝐬 𝐑𝐞𝐩𝐨𝐫𝐭

Nonfarm payrolls for December are expected to land at a soft 170,000 new hires. Any major deviation could rattle the Federal Reserve’s rates projection.

The EURUSD pair slipped modestly to the downside early Friday as forex speculators rotated into the US dollar ahead of today’s key data. It’s Jobs Day again and, as usual, markets are anticipating another promising number from the US economy.

This time, analysts have pinned 170,000 as the expected pace of hiring for December. A number too high above that will indicate that the American labor force is not cooling as intended. What’s more, it could sway the Federal Reserve into reconsidering its stance on the upcoming interest rate cuts this year.

In that light, the EURUSD was trading near the $1.09 to $1.0920 neighborhood. The US dollar has started the year on an upbeat note denting the euro’s valuation by about 120 pips. Over the past year, the euro was able to chip away at the dollar’s value by about 3% after lots of strenuous effort.

05/01/2024

𝐂𝐞𝐥𝐬𝐢𝐮𝐬 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 𝐝é𝐩𝐥𝐚𝐜𝐞 𝐬𝐞𝐬 𝐚𝐯𝐨𝐢𝐫𝐬 𝐞𝐧 𝐄𝐭𝐡𝐞𝐫𝐞𝐮𝐦 𝐩𝐨𝐮𝐫 𝐫𝐞𝐦𝐛𝐨𝐮𝐫𝐬𝐞𝐫 𝐬𝐞𝐬 𝐜𝐫é𝐚𝐧𝐜𝐢𝐞𝐫𝐬

Celsius Network déplace ses avoirs en Ethereum pour rembourser ses créanciers

29/12/2023

𝐄𝐓𝐇/𝐔𝐒𝐃: 𝐄𝐭𝐡𝐞𝐫𝐞𝐮𝐦 𝐏𝐮𝐦𝐩𝐬 𝟕% 𝐭𝐨 𝐇𝐢𝐭 $𝟐,𝟒𝟎𝟎 𝐢𝐧 𝟐𝟎-𝐌𝐨𝐧𝐭𝐡 𝐇𝐢𝐠𝐡, 𝐎𝐭𝐡𝐞𝐫 𝐌𝐚𝐣𝐨𝐫 𝐂𝐨𝐢𝐧𝐬 𝐑𝐞𝐭𝐫𝐞𝐚𝐭

The biggest and most popular blockchain ecosystem enjoyed elevated investor interest, boosting its value just under $300 billion.

Ethereum prices ETHUSD skyrocketed Wednesday after a pullback in other big coins shifted attention to the widely popular blockchain ecosystem. Ether, the native token of the Ethereum platform, surged more than 7% on the day and crossed the $2,400 mark for the first time in 20 months.

With that said, Solana SOLUSD fell more than 15% in the session, dropping from BTCUSD, the original cryptocurrency, hovered near $43,000 early on Thursday as the broad digital-asset market was sitting on a valuation of $1.7 trillion.

Back to Ether, the coin is now worth a total of roughly $300 billion, after it gained just about 100% this year. But that figure labels it an underperformer compared to surrounding players. Bitcoin is up about 160%, while Solana, the so-called Ethereum killer, has grown by around 1000% for the same time span.

27/12/2023

𝐒&𝐏 𝟓𝟎𝟎 𝐅𝐮𝐭𝐮𝐫𝐞𝐬 𝐅𝐥𝐨𝐚𝐭 𝐔𝐧𝐝𝐞𝐫 𝐑𝐞𝐜𝐨𝐫𝐝. 𝐂𝐚𝐧 𝐭𝐡𝐞 𝐈𝐧𝐝𝐞𝐱 𝐁𝐮𝐛𝐛𝐥𝐞 𝐔𝐩 𝐭𝐨 𝐅𝐫𝐞𝐬𝐡 𝐀𝐥𝐥-𝐓𝐢𝐦𝐞 𝐓𝐨𝐩?

The final trading week of 2023 is about to unfurl, and markets are stirred up and on the cusp of making history.

Futures contracts tied to the S&P 500 (SPX) were moving sideways early on Tuesday as investors were getting ready to flock back after the long-weekend Christmas break. It’s the final week of trading for this year and, by the looks of it, optimism has once again prevailed despite grim projections earlier this year.

The S&P 500 is riding the bullish momentum to its longest weekly winning streak since 2017. The broad-based stock average closed out its eighth positive week in a row, underpinned by the uplifting message that the Federal Reserve is looking to cut rates three times next year.

What’s more, the Wall Street favorite is a mere 42 points shy of its record high set on January 3, 2022. On the year, the S&P 500 has gained just over 24% in the leadup to today’s session. In market cap terms, that percentage is equal to roughly $8 trillion added to the index at a valuation of around $40 trillion.