The total cryptocurrency market cap fell 1.5% in the past seven days to $840 billion. The slightly negative move did not break the ascending channel initiated on November 12, although overall sentiment remains bearish and year-to-date losses stand at 64%. Total crypto market capitalization in USD, 12 hours. Source: Trading View The price of Bitcoin …
Ether (ETH) rose 5.5% in the early hours of November 29, reclaiming critical support at $1,200. However, when looking at a broader timeframe, the negative performance of 24% over the past 30 days has a significant impact on investor sentiment. Additionally, investor sentiment soured after BlockFi filed for bankruptcy on Nov. 28. News flow remained …
Ethereum Derivatives Look Bearish, But Traders Think ETH Bottom Is In Read More »
European financial authorities are stepping up scrutiny of energy derivatives transactions used by energy companies to hedge electricity and gas prices as policymakers seek to avoid a ripple effect of the energy crisis on financial markets. In the multi-trillion-euro energy derivatives market, energy companies faced more than a trillion euros in margin calls in September, …
Europe’s multi-trillion euro energy derivatives market is under scrutiny | OilPrice.com Read More »
