Alternative cryptocurrencies, or altcoins, made waves Friday as XRP and dogecoin (DOGE) drew strength from spot ETF optimism and Solana-based decentralized exchange Jupiter’s JUP token cheered the platform’s buyback program. The U.S. Securities and Exchange Commission (SEC) has acknowledged Grasycale’s applications for XRP and dogecoin (DOGE) spot ETFs,…
Read MoreRemixpoint (3825), a Japanese energy consulting firm that decided build up cryptocurrency reserves, boosted its holdings by more than 8,000% in the nine months ended Dec. 31 and is now close to having spent its target of 10 billion yen ($65 million). The Tokyo-based company held 5.8 billion…
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Read MorePrior +7.3% New yuan loans ¥5.13 trillion vs ¥4.50 trillion expected Prior ¥990 billion That’s sending a message as new yuan loans surge higher to start the new year. But that tends to be typical going into the Chinese New Year seasonal period. In any case, the big…
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Read MoreFundamental Overview Yesterday, the US PPI report came in higher than expected but the focus was on the details that feed into the Core PCE index, which is what the Fed focuses on. Those details were all very soft and helped to bring the early estimates down to…
Read MoreEthereum Futures Analysis for Today – Trade Compass Key Levels and Bullish Outlook Ethereum futures are currently trading around 2714, placing the market in bullish territory according to today’s tradeCompass. Our bullish threshold is 2690, which is the Point of Control (POC) from February 12th. Since we are…
Read MoreFundamental Overview Yesterday, the US PPI report came in higher than expected but the focus was on the details that feed into the Core PCE index, which is what the Fed focuses on. Those details were all very soft and helped to bring the early estimates down to…
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Read MoreEurostoxx -0.1% Germany DAX -0.4% France CAC 40 +0.1% UK FTSE -0.2% Spain IBEX -0.3% Italy FTSE MIB flat This comes after the stronger gains yesterday, which helped to keep the positive momentum going for European indices since the turn of the year. We’re now poised for seven…
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