Welcome to the Weekender: Your weekly round up of all the top stories in the crypto space, as decided by you, our readers. With the crypto bulls back in control, this week’s rich list report from Forbes magazine took the top spot: who are the seven crypto billionaires making all those gains?
In the traditional space, last Friday’s session was marked by disappointing jobs results. The US added 200,000 jobs instead of the estimated (and hoped for) 500,000.
You can feel the fear among the optimism in both crypto and traditional assets.
Today, we’re looking at capital flow back in risk assets. A concern plaguing investors’ minds these days is the US debt ceiling.
With the previous session pushing equity indexes down, we’re now bouncing up thanks to positive manufacturing that hints at a better economic recovery.
Yesterday, markets were supported by the potential for a covid oral treatment. Today, we’re focused on rising rates, economic slowdown, and Fed policy normalization, which forces investors to reconsider valuations.
It’s an interesting time to look at the markets. We’re entering the fourth quarter, typically a good time for investors as people expect more spending and good year-end results.
Pullback, that’s what we see in markets.
When one looks at markets right now, whether crypto or traditional, one can see resilience.
There’s only so much impact the same news can have on investors’ minds. I’m thinking of Evergrande but also, for the crypto community, the Chinese ban that was announced over the weekend.
BTC rose another 3% yesterday, currently at $44,600 and tantalizingly close to the 45K resistance/support.
Bitcoin has enjoyed a positive trading session today, with prices up 7% post this morning's news that China had taken some small steps to avoid an immediate default from Evergrande. The addition of liquidity to the banking system may just be a shock absorber for next week's action, or it could be the first shot in a sustained program to assist with Evegrande's woes.
The Evergrande debacle that’s been weighing on markets has been controlled, for now.
A brief move lower in the Asian trading session was quickly countered, and Bitcoin now sits less than 1% down on the day. It's starting to feel like we've seen this movie before. Evergrande is likely to have defaulted come the end of the week, and although it's only Tuesday, I can already see one of those weekend trading sessions that keep us glued to our screens.
Markets confused most investors yesterday, with a mid-session bounce that reversed course later on to finish once more in the red. One can imagine the emotional rollercoaster for some traders turning bullish and seeing those hopeful bets - once again - fail.
If you haven’t heard of it yet, the Evergrande debacle in China, and the idea that it could drag down China's whole financial system, are dragging down the world economy as well.
What’s behind all the anticipation surrounding a Bitcoin ETF, and what would an approval mean for investors?
The next halving event for the EQO token is due to take place on September 24, and it's good news for EQO holders.
We’re looking at US equity indexes and seeing a clear risk-off tilt.
During the Weekend, the Bitcoin (BTC) network logged its 700,000th block, a major milestone. At the time of the last 100,000-block milestone (two years ago) the BTC price was worth less than $8,000. Today, one BTC is worth nearly $48,000. Even though almost 90% of BTC that can exist have already been mined, at the current pace of block production, the final BTC will be mined around the year 2140.
Global Head of Sales Trading Matt Blom went live with The Birb Nest to discuss the EQONEX vision for crypto, and the power and potential of its exchange token EQO. Watch the AMA, where he discusses our institutional grade technology, EQO, the upcoming EQO Dollars airdrop, and more!
Watch industry experts Lyn Alden and Alex de Vries talk about what kind of net impact the crypto industry will have on the environment.
Two days after El Salvador officially implemented Bitcoin as legal tender, Peter McCormack and Yaya Fanusie debated whether or not crypto can bank the unbanked.
The U.S. tends to dominate the lion’s share of the headlines regarding blockchain and cryptocurrency regulation. However, while U.S. regulators continue to equivocate, many smaller nations embrace the opportunity to capture some of the value in the burgeoning digital asset space. Among them, Switzerland is leading the pack.
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