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Press Releases
Mainland Chinese Investors Likely Barred from Hong Kong’s Spot Bitcoin and Ether ETFs, Say Bloomberg Analysts
- CryptoGlobe Writer
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- 18 Apr 2024
Bloomberg ETF Analyst Rebecca Sin has shed light on the potential challenges and prospects facing the newly approved spot Bitcoin and Ether ETFs in Hong Kong. According to Sin, mainland Chinese investors are likely to face significant barriers when it comes to accessing these funds due to existing restrictions on investing in virtual assets. Despite […]
Crypto Whale Loses $4.5 Million in Risky Ethereum ($ETH) Leverage Play
- Francisco Memoria
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- 18 Apr 2024
A large cryptocurrency whale has lost over $4.5 million after attempting to leverage their long position on the second-largest cryptocurrency by market capitalization, Ethreum ($ETH) twice, having had to repay their debt on a decentralized protocol as the price dropped. According to on-chain analysis service Lookonchain, the whale first lost around $500,000 after taking out […]
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Markets
Cardano (ADA/USD) Price Analysis – 6 July 2023
- CryptoGlobe Staff Writer
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- 6 Jul 2023
Introduction This report provides a technical analysis of Cardano (ADA) for 6 July 2023. The analysis includes an overview of the price and volume and a detailed examination of the daily and monthly technical indicators and moving averages. This report aims to provide traders and investors with insights into ADA’s short-term and long-term market trends. […]
Editor's Picks
Bitcoin Price Falls as Fed Chair Powell Expresses Caution on Rate Cuts
- Siamak Masnavi
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- 17 Apr 2024
On Tuesday, Federal Reserve Chair Jerome Powell indicated that interest rate cuts might be postponed longer than initially expected due to ongoing high inflation readings. Speaking at a panel alongside Bank of Canada Governor Tiff Macklem at the Wilson Center in Washington, Powell highlighted the unexpected continuation of high inflation rates and suggested that the […]
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