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Markets
Axie Infinity Finds Ready Players in Hyperinflation-Racked Venezuela
As they have in the Philippines, some players are making enough money to feed their families.
Bitcoin Still Trading in Bullish Channel Despite Price Support Break
Powell’s reappointment as Fed’s chairman has reinforced fears of faster rate hikes to control inflation
Bitcoin Struggles at $60K Resistance; Support Above $53K
Short-term downside is likely into the Asia trading day.
Junk-Rated El Salvador’s ‘Bitcoin Bonds’ Look Explosive (Think Volcano)
Anyone buying Salvador’s bitcoin-backed bond is betting on the cryptocurrency in a very big way, ignoring the country’s distressed-debt situation, one strategist said.
Shiba Inu Slips in Coinbase Volume Rankings After Topping the List for 2 Weeks
With speculative frenzy in SHIB cooling, market focus may shift back to top cryptocurrencies.
Bitcoin Attempts Price Recovery After a Derivatives-Led Slide to Sub-$56K
Fears about a supply glut from the Mt. Gox settlement are unfounded, one analyst said.
Institutions Snap Up Ether $5K Call, Bitcoin Risks Double Top as RBA Official Warns of FOMO Meltdown
Bitcoin appears exhausted, having failed to chart a convincing breakout beyond April highs for almost four weeks.
Bitcoin Crowd Appears High on ‘Hopium’ as ‘Buy The Dip’ Trends
Pullbacks typically end with crowd chatter leaning bearish.
One-Fourth of Fund Managers Expect Bitcoin Price Over $75K in 12 Months: BofA Survey
Long bitcoin trades more crowded than long ESG, the survey said.
Bitcoin Below $60K in a ‘Funding Reset’ Move, Tests Key Support: Experts
Market appeared quite complacent and due for a pullback, observers said.
