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Author: James Wilson
Hyperliquid faces repeated rejection at the $40 resistance zone. Despite its bullish structure, the lack of breakout volume suggests consolidation will persist until a decisive move confirms a new trend. Hyperliquid (HYPE) has exhibited strong bullish momentum in recent weeks, but current price action signals exhaustion as the token struggles to break through the $40 psychological resistance. This level has been tested multiple times without an impulsive breakout, suggesting that sellers remain firmly in control of this zone. While the broader trend remains intact, the recent lack of breakout volume and the inability to surpass this resistance increase the likelihood…
The People’s Bank of China is taking steps to expand its digital yuan project, starting with its free trade zones. On Friday, June 4, officials at the People’s Bank of China announced the expansion of financial innovations tied to its Shanghai Free Trade Zone. Notably, this includes broader applications of the digital yuan. Ji Min, head of the PBOC’s Research Bureau, stated that the country will expand the “Shanghai model” and “deepen financial openness and innovation” within the zone. Simultaneously, the central bank will apply these policies to other free trade zones across the country. Specifically, China will promote the…
If you have been following crypto space for a while, you must have come across Non-Fungible Token (NFT). Projects like Cryptokitties, Decentraland made NFT standard popular among the developers. In this article, we are going to talk about NFT. What does Fungible mean? Let’s first talk about the word fungible. According to Wikipedia, “Fungibility is the property of a good or a commodity whose individual units are essentially interchangeable, and each of its parts is indistinguishable from another part.” Currency is the best example of a fungible good. For example, a $5 will be the same everywhere, irrespective of the serial number…
What is microeconomics? Microeconomics represents that branch of economics that deals with a single producer and a single consumer. It takes into account smaller issues or micro-level issues like supply and demand interaction in the market, prices and quantities of goods at equilibrium, preferences, costs, etc. Unlike macroeconomics, which considers the economy as a whole, microeconomics delves deeper into the concepts of the workings of individual markets within an economy. Here, in this article, we will look at the best microeconomics books that will lay a strong foundation for you. Best 5 microeconomics books 1. Intermediate Microeconomics: A Modern Approach…
Optimizing LinkedIn activity is referred to as LinkedIn automation. This allows you to publish more efficiently, hone your targeting choices to find the appropriate audience at the right moment and maximize your reach to attract new clients. In this article, we will explore the best linkedin Profile Builder Platforms. 8 Best LinkedIn Profile Builder Taplio Free Profile Builder This platform provides a comprehensive analytics suite with a detailed view of key performance indicators (KPIs) like followers, reach, and engagements at a single glance. Users get access to AI-tailored personalized posts that help with creativity, content enhancement, and even the automatic…
A Belgian court has sentenced three for the abduction of a crypto coach’s wife, marking another high-profile case amid the rising wave of crypto kidnappings in France. The Brussels Criminal Court court has sentenced three kidnappers to 12 years in prison for the abduction of the wife of crypto investor and trading coach Stéphane Winkel, as initially reported by local news agency La Dernière Heure. The incident occurred in December last year outside their home in Forest, Brussels, where the victim was forcibly taken and held hostage in a van. After Winkel raised the alarm, police chased the vehicle and…
U.S. spot Bitcoin exchange-traded funds recorded over $1 billion in net inflows over the last two trading sessions as macroeconomic concerns cooled after President Donald Trump revealed a trade deal with an ASEAN member state. According to data from SoSoValue, inflows totaled $407.78 million on July 2, followed by $601.94 million on July 3, the highest single-day inflow since May 23. Notably, on Thursday, Fidelity’s FBTC led the highest inflows with $237.13 million flowing into the fund, followed closely by BlackRock’s IBIT with $224.53 million inflows. ARK 21Shares’ ARKB saw $114.25 million, while Bitwise’s BITB, Grayscale’s GBTC, and VanEck’s HODL…
Corporate interest in Solana is growing, and DeFi Development Corp. is the latest to announce the addition of more tokens to its growing portfolio. In a July 3 press release, the company announced the purchase of 17,760 Solana (SOL) worth $2.72 million. The tokens were acquired at an average price of $153.10, and the purchase brings the firm’s SOL holdings to 640,585, valued at approximately $98.1 million. DeFi Development Corp.’s move marks the resumption of its long-term accumulation strategy, reinforcing its position as one of the largest known public holders of SOL. The newly acquired tokens will be staked across…
Amber International announced the completion of a $25.5 million private placement backed by major investors. The funds will go to supporting the firm’s $100 million crypto reserve target. On July 3, the Singaporean-based firm has managed to reach more than a quarter of its initial goal to establish a diversified crypto reserve fund worth $100 million. The private placement was valued at $10.45 per share, deducted from a 5% discount to the company’s three-day volume weighted average trading price. According to the filing document, the capital raised from the private placement will be used to boost its crypto reserve strategy.…
Bitcoin is showing signs of strength heading into July, with low volatility, steady demand, and historical trends suggesting the price could soon make a sharp move higher. A July 4 report from Matrixport suggests that if seasonal trends continue and capital flows stay consistent, Bitcoin (BTC) could reach $120,000 this month. According to the report, realized price swings have now reached multi-year lows, indicating a significant decline in volatility. The market may be maturing as the one-week implied volatility is in the 30s, which is calm by Bitcoin’s standards. Institutions are taking notice of this decreased volatility. When price movements…