Tag: News

Ethereum Traders Eye ‘Swing Longs’ As ETH Outperforms BTC

Ethereum (CRYPTO: ETH) has outperformed Bitcoin (CRYPTO: BTC) over the past month, rallying 17% while BTC dropped 5%. What Happened: Crypto trader CJ stated that he had originally planned to bid on an Ethereum pullback, with invalidation below recent lows. However, he removed bids and now has alerts set...
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While CFTC Awaits New Chairman, Acting Chief Pham Gets Rolling on Crypto

With the chairmanship still an open question for the Commodity Futures Trading Commission — likely to be a leading U.S. watchdog for crypto — its interim leader, Caroline Pham, is getting started on recommendations from the recent crypto report of the President’s Working Group. The CFTC, which regulates U.S....
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SharpLink to Commence $1.5B Stock Buyback Program

Ether treasury firm SharpLink Gaming (SBET) has authorized a stock purchase program of up to $1.5 billion. SharpLink, which is helmed by Ethereum co-founder and ConsenSys CEO Joseph Lubin, said it will make the repurchases at a time and in amounts that depend on market conditions and share price...
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XRP Zooms 3% as Bitcoin Spikes on Powell Comments

XRP Spiked 3% as Federal Reserve Chair Jerome Powell firmly put a September rate cut on the table on Friday, causing bitcoin (BTC) and major tokens to move higher. 470 million token selloff drove volume spikes and heavy resistance at $2.92, while ETF delays and weak security rankings compound...
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Powell Puts September Rate Cut in Play; Bitcoin Pushes Higher

Perhaps surprising markets which had expected a hawkish tone, Federal Reserve Chair Jerome Powell firmly put a September rate cut on the table on Friday. Speaking at the Kansas City Fed’s Economic Symposium in Jackson Hole, Powell said the shifting balance of risks may warrant adjusting policy. “Downside risks...
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