Tag: Crypto

U.S. stocks open flat amid weak private payrolls data

Dow Jones Industrial Average hovered largely flat as U.S. stocks traded unchanged in early deals on Thursday, with Wall Street assessing the latest jobs data that showed a decrease in private payroll growth. The benchmark index S&P 500 was up…...
Read More

Kraken acquires Breakout to expand global prop trading

Kraken’s acquisition of Breakout could democratize trading opportunities, emphasizing skill over capital access, potentially reshaping trader dynamics. The post Kraken acquires Breakout to expand global prop trading appeared first on Crypto Briefing....
Read More

Bitcoin’s ‘Supercycle’ Pattern Points to $150K, Says Analyst

TL;DR Analyst Merlijn sees Bitcoin forming two inverse head and shoulders patterns, projecting a $150K rally. Resistance near $111K remains firm, with downside targets near $103K if the price fails to break higher. Businesses allocate 22% of their profits into Bitcoin, while institutions add $43.5B to their balance sheets...
Read More

Ethereum Foundation Is Dumping ETH Again, Is This The Top?

The Ethereum Foundation has confirmed plans to convert 10,000 ETH, worth around $43 million, into fiat over the course of this month. The move, which was announced by the Ethereum Foundation’s official account on the social media platform X, comes less than two weeks after Ethereum set a new...
Read More

Ripple (XRP) Slips 5% Weekly But Analysts See Potential for a New ATH

TL;DR Some analysts believe XRP can soon climb to uncharted territory with the recent whale accumulation supporting the bullish case. However, XRP exchange balances continue to rise, signaling possible sell pressure. Is It Time for the Bears to Step Back? Ripple’s cross-border token has retraced by over 5% in...
Read More