Fantom
$FTM
9 Results
Crypto markets rallied last night and this morning as BTC -1.54% broke above $30,000 for the first time since June last year. At the time of writing, BTC -1.54% is up 1.57%, ETH -0.08% is up 0.09%, and SPX and NDQ are down 0.04% and 0.71%, respectively. Bitcoin continues to outperform relative to most of the crypto market - the Bitcoin Dominance ratio is up 0.45% today and has reached its highest level...
Crypto and traditional markets moved higher today at the time of writing - BTC -1.54% was up 0.72%, ETH -0.08% was up 4.58%, and SPX and NDQ are up 0.74% and 0.50%, respectively. After a strong Bitcoin dominance run the past month, altcoins are beginning to show signs of life versus bitcoin. The ETH/BTC ratio is up 3.80%, and altcoins such as FTM -6.57% , LTC -3.42% , and SOL -5.60% are outperforming BTC today - up...
Citadel, Susquehanna, and Soros buy Silvergate, and Bitcoin's Average Block Size hits All-Time-High
Crypto rallied following today's CPI report that showed that inflation grew at a 6.4% annual rate, slightly higher than expected. BTC -1.54% and ETH -0.08% rose 1.53% and 2.93%, respectively, while SPX and NDQ were down 0.14% and up 0.23%. Interestingly, more traditional finance giants have acquired shares of Silvergate (SI). Citadel Securities disclosed a 5.5% stake in the crypto-friendly bank, Susquehanna Advisors Group disclosed a 7.5% stake, and George Soros's fund...
Crypto and traditional markets rallied today after a softer-than-expected CPI print of 7.1% (the forecasted CPI was 7.3%). BTC -1.54% and ETH -0.08% are up 2.77% and 3.06%, respectively, and SPX and NDQ are up 0.59% and 0.83%. The US dollar (DXY) is down 0.88%. BNB 2.08% , the native coin of Binance Smart Chain and the Binance exchange, fell sharply last night amid concerns over the exchange's proof of reserves (which we discuss...
Despite the US Dollar and US Treasury yields declining, US equity indices continue their slide this week, with the SPX and QQQ down 0.12% and 0.47%, respectively. Crypto markets are also negative today as BTC -1.54% (-1.56%) continues to trade in the upper 16,000s and ETH -0.08% (-3.27%) in the mid 1,200s. Alt layer-1 tokens are taking a larger hit today, with ATOM -5.14% , FTM -6.57% , and SOL -5.60% down -5.57%, -6.01%, and -4.69%, respectively....
The Bureau of Labor Statistics' (BLS) November employment report points to a hotter-than-expected labor market, inciting fears of higher rates for longer in markets. Non-farm payroll employment increased by 263k (vs 200k consensus), while the unemployment rate remained at 3.7%. Traditional markets reacted negatively to the news, with SPX (-0.5%) and QQQ (-1.0%) opening lower before rebounding 4,055 and 291, respectively. Crypto markets were equally affected, with BTC -1.54% (-0.3%) and...
