Category: Bears
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Bitcoin Bears Crushed: $100M In Crypto Shorts See Flush As BTC Breaks $63,000
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Data indicates that the crypto derivatives market recorded significant liquidations after Bitcoin surged above the $63,000 level. Bitcoin’s surge has led to short liquidations in the derivatives market. According to data from QueenglassThe recent volatility in the cryptocurrency market has led to massive liquidations on the derivatives side. The term…
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China’s Plenum Promises Cues for Commodity Bulls and Bears
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Breadcrumbs Path Links PMN Business Chinese commodities markets entered the second half of the year on a downward trend, raising expectations that next week’s major policy meeting in Beijing will show how the government plans to deal with problems related to excess capacity and slumping demand. Article author: Bloomberg News…
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Dogecoin Bears Return: Indicators Point To More Losses In DOGE
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Dogecoin started another decline from the $0.1285 resistance area against the US Dollar. DOGE is strengthening and may resume its decline below $0.1220. DOGE price is moving lower below the $0.1250 support area. The price is trading below the $0.1250 level and the 100 hourly simple moving average. There is…
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Bitcoin Battles $64,515 Support Level, Can It Hold or Will Bears Prevail?
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My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…
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Bitcoin Battles $64,515 Support Level, Can It Hold or Will Bears Prevail?
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My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…
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Bears firm up bets on Asian currencies as US rate cuts remain elusive : Reuters poll By Reuters
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Written by Sameer Manekar (Reuters) – Analysts strengthened their bearish positions on most Asian currencies as higher long-term US interest rates and the dollar’s resilience are likely to continue to hurt local units, a Reuters poll showed on Thursday. A bi-monthly poll of 10 analysts showed that the Indonesian rupiah…
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Japan, at G7 meet, renews push to keep yen bears in check By Reuters
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Written by Laika Kihara STRESA, Italy (Reuters) – Japan renewed its push to counter excessive decline in the yen at a weekend meeting of Group of Seven (G7) financial leaders, after a recent rise in bond yields to a 12-year high failed to slow the currency’s stubborn decline. . The…
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Coinbase Bears The Brunt Of Supreme Court’s Dogecoin Verdict, DOGE Suffers 4% Slump
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In a recent ruling that may have implications for the cryptocurrency industry, the US Supreme Court unanimously sided against US-based cryptocurrency exchange Coinbase, over the 2021 Dogecoin (DOGE) coin. the lottery He disputes. the Court decisionJudge Ketanji Brown-Jackson rejected Coinbase’s argument that a ruling against it would lead to legal…
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Coinbase Bears The Brunt Of Supreme Court’s Dogecoin Verdict, DOGE Suffers 4% Slump
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In a recent ruling that may have implications for the cryptocurrency industry, the US Supreme Court unanimously sided against US-based cryptocurrency exchange Coinbase, over the 2021 Dogecoin (DOGE) coin. the lottery He disputes. the Court decisionJudge Ketanji Brown-Jackson rejected Coinbase’s argument that a ruling against it would lead to legal…
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BofA’s pain trades for bulls and bears
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Photos by Tom Merton/OJO via Getty Images With everyone leaning in one direction, markets have a way of presenting the unexpected. These shifts, known as painful trades, which have left a large group of investors sitting still, were the focus of the latest streaming offering memo from BofA Securities. Strategist…
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Analysis-Japan faces a tough tug-of-war with yen bears By Reuters
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Written by Ankur Banerjee and Ray Wei SINGAPORE (Reuters) – Japan appears to have bought some time and respite for the falling yen during its latest suspected wave, but it has also set itself up for a protracted war with a market that views the currency as a sell-off in…