The Assets (Page 4)

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Digital Assets Report 84

Newsletters Featured

Digital Assets Report 84

* Ethereum Foundation Announces Official Date for the Merge which should occur at 11:34:47 AM UTC on September 6, 2022. * Fed Chair Jay Powell said, “Restoring price stability will likely require maintaining a restrictive policy stance for some time. The historical record cautions strongly against prematurely loosening policy”. After

Crypto Chart 78

Chart Analysis Featured

Crypto Chart 78

Bitcoin Last time we said: "Given the wave count I think it is just a matter of time with a new low expected below 20k. A break below 17600 call for a much lower in BTC". This morning we saw a low of 19526 just shy of the

Digital Assets report 83

Digital Assets report 83

* Last week, OFAC sanctioned the use of Tornado Cash, making it illegal for any U.S. entity to interact with the protocol, its core developper has been arrested in Amsterdam. USDC, Aave, Uniswap, Balancer have frozen transactions with wallets who have interacted with Tornado cash like the largest Ethereum miner,

Crypto Chart 77

Crypto Chart 77

Bitcoin Last time we said: Divergence in the MACD hinting that topside momentum is dropping we are looking for BTC to retrace lower in a wave (2) correction into the 22465-22990 area. Look to buy there with stops remaining at 20650. The low so far was 20765 so we are

Digital Assets report 82

Digital Assets report 82

* Tornado Cash listed on OFAC lists accused for laundering $7B worth of digital assets, a co-founder developper has been arrested in Amsterdam. * Crypto Custody Firm BitGo to Sue Galaxy Digital for Abandoning $1.2B Merger Agreement. * Huobi Group founder Leon Li is engaged in talks with a group of investors

Crypto Charts 76

Crypto Charts 76

Bitcoin Last time we said: raise stops to the just below the major wave (2) low at 20650 looking for a push up through 24620 to confirm that wave (3) is underway With divergence in the MACD hinting that topside momentum is dropping we are looking for BTC to retrace

Digital Assets report 81

Newsletters Featured

Digital Assets report 81

* Blackrock partners with Coinbase to offer institutional clients access to Crypto services. * Virginia based pension fund invests into Yield Farming strategies. * Instagram support for NFTs expanded to 100 countries. * Voyager Digital announces plan to resume Cash withdrawals this week. * 7'000 Solana wallets get emptied as network experiences another

Crypto Charts 75

Chart Analysis Featured

Crypto Charts 75

Bitcoin Last time we said: If correct then we could see BTC trade slightly lower to complete minor wave (2) into the $22'200 / $22'700 area. Add to longs on this pull back. Cut half the position at $20'700 and raise the stop loss on

Digital Assets Report 80

Newsletters Featured

Digital Assets Report 80

* Schwab Asset Management launches its first Crypto ETF. * Crypto Fund Variant raises $450 million to back Web3, DeFi projects * Ethereum's final testnet merge set for early August. * Bitcoin rallies to monthly high of $24.5k before cooling off to back down to $22.9k at the time of

Crypto Charts 74

Chart Analysis Featured

Crypto Charts 74

Bitcoin Last time we said: ‘I think we can trade a little lower to complete wave (y) with a push down into the $20'960 - $20'182 area where we would be looking to add to longs with stops remaining at last week's levels’ We

Digital Assets Report 79

Newsletters Featured

Digital Assets Report 79

* Vitalik Buterin shares his vision of Ethereum and outlines the various stages of the network's development. * Christie's plans investments into web3, blockchain with new venture fund and Skybridge Capital plans to launch a specific web3, crypto-focused fund. * BNP Paribas partners with Metaco to offer crypto solutions.

Crypto Charts 73

Chart Analysis Featured

Crypto Charts 73

Bitcoin Last time we said: ‘The acceleration higher we were expecting looks to be gaining some momentum this morning with the next target to the topside that will confirm wave (iii) is underway at $23'590. Place stops for half the position now at the wave (ii) low at

Digital Assets Report 78

Newsletters Featured

Digital Assets Report 78

* Crypto lender Celsius acknowledges $1.2bn hole in balance sheet after filing for bankruptcy protection, faces a new lawsuit accusing the firm of having run a 'Ponzi scheme' and was able to pay off its last DeFi loan to Compound. * Three Arrows Capital fund founders Su Zhu &

Crypto Charts 72

Chart Analysis Featured

Crypto Charts 72

Bitcoin Last time we said: 'look to buy at $19'343 and $18'745 level with stops remaining at $17'599. If wave (ii) is in place then this will be confirmed on a break above $22k and we would look to buy on a break

Digital Assets Report 77

Digital Assets Report 77

* Bank for International Settlements Warms Up to Bitcoin & Crypto With More Flexible Proposal. * EU Agrees on Landmark Crypto Authorization Law, MiCA * Three Arrows Capital (3AC), the $10 Billion fund, placed in liquidation last week, has been reprimanded by the Monetary Authority of Singapore (MAS) for providing inaccurate information regarding

Digital Asset Report 76

Newsletters Featured

Digital Asset Report 76

* Three Arrow Capital hedge fund is highlighting the intrication of over leveraged CeFi and DeFi. * Lenders are pulling out their liquidities of the crypto markets, hedge funds & market makers have difficulties to operate. Liquidations seems not be finished yet. * Celsius with 1.7 million users unable to withdraw their

Crypto Charts 71

Chart Analysis Featured

Crypto Charts 71

Bitcoin Last week we said : Look to buy on a pull back to the 19200 level placing stops below the weekend low at 17599. If we are correct then we should see BTC trade to new highs in the coming months.’ We saw a pullback to 17599 which could have

Arab Bank has chosen Tezos to facilitate institutional custody service

Arab Bank has chosen Tezos to facilitate institutional custody service

Arab Bank has chosen Tezos to facilitate institutional custody serviceThe banking institution were granted approval from the Swiss Financial Market Authority (FINMA) in 2019 to provide digital asset services.CointelegraphTom Farren [https://cointelegraph.com/news/arab-bank-has-chosen-tezos-to-facilitate-institutional-custody-service]

Arab Bank Switzerland Leads Major Series A for Swiss Digital Assets Firm Taurus

Arab Bank Switzerland Leads Major Series A for Swiss Digital Assets Firm Taurus

Arab Bank Switzerland Leads Major Series A for Swiss Digital Assets Firm Taurus Arab Bank Switzerland has closed a $10 million+ Series A financing round for Swiss digital asset infrastructure firm Taurus GroupCointelegraphMarie Huillet [https://cointelegraph.com/news/arab-bank-switzerland-leads-major-series-a-for-swiss-digital-assets-firm-taurus]

Arab Bank Switzerland Opens Bitcoin Custody, Brokerage Services

Arab Bank Switzerland Opens Bitcoin Custody, Brokerage Services

Arab Bank Switzerland Opens Bitcoin Custody, Brokerage ServicesArab Bank Switzerland has partnered with blockchain technology firm Taurus to offer Bitcoin and Ether custody and brokerage services to its clientsCointelegraph Marie Huillet [https://cointelegraph.com/news/arab-bank-switzerland-opens-bitcoin-custody-brokerage-services]

Digital Assets Report 75

Newsletters Featured

Digital Assets Report 75

* The staked DeFi variant of ETH, stETH loses its peg to ETH and causes an 11% sell off in the token and forces the Celsius lending platform to suspend withdrawals due to a liquidity crisis. * Traditional Finance players further delve into Crypto as Citadel, Fidelity & Charles Schwab to launch

Crypto Charts 70

Chart Analysis Featured

Crypto Charts 70

BTC Expecting BTC to sell lower in 5 waves to the $20k level before buying back and selling on a rally to $28'297 with a confirmation of new uptrend with a move above $30'331. ETH Like BTC, a 5 wave sell off is expected before buying

Digital Assets Report 75

Newsletters Featured

Digital Assets Report 75

* Institutions remain active in the crypto space as Fidelity Investments is set to offer trading and custody for Ether, Binance Labs launched a $500m Web-3 Fund and Japanese Exchange SMBC announced the launch of a Security Token Exchange in 2023 and more. * A bug halted the Solana blockchain for four

Crypto Charts 69

Chart Analysis Featured

Crypto Charts 69

BTC Another leg lower to $28k is expected before buying. ETH Expect another leg lower before buying or a move up above last week's high of $2020. Bitcoin Last week we claimed that: > ‘BTC has continued to trade sideways with a low set at $28k. A break

Digital Assets Report 74

Newsletters Featured

Digital Assets Report 74

* Institutional activity in crypto remains significant as a16z raises a record-breaking $4.5bn crypto-fund, JP-Morgan considers tokenizing equity & Ethereum scaler Starkware raises $100m amongst more. * The Ethereum Chain faced a seven-block reorganization as a valid transaction sequence was knocked off, which caused an 11% price correction in Ether &