Proof-Of-Work Is Important For Bitcoin – Bitcoin Magazine
This is an opinion editorial by Pierre Gildenhuys, the co-founder of a Hong Kong-based social environment tech startup. Proof-of-work is the consensus mechanism that the Bitcoin protocol uses. On a…
S&P 500 and Nasdaq 100 Technical Outlook – Long-Term Downtrends Meet Short-Term Uptrends
S&P 500 and Nasdaq 100 – Technical Forecasts and Analysis S&P 500 testing an important longer-term downtrend. Nasdaq 100 struggling to hold gains despite trend break. Recommended by Nick Cawley…
The Everything Bubble: Markets At A Crossroads – Bitcoin Magazine
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain…
Bitcoin Will Not Submit To Black Swans – Bitcoin Magazine
This is an opinion editorial by Bernardo Filipe, a life-long thinker, philosopher and author of “The Straight Science.” “Earnings-free assets with no residual value are problematic. The implication is that,…
Dollar Struggle Increasingly Threatens to Turn Into True Reversal: USDJPY, EURUSD, GBPUSD
US Dollar, USDJPY, EURUSD and GBPUSD Technical Forecast Talking Points: The DXY Dollar Index closed below its 200-day simple moving average for the first time in 380 trading days this…
European Bitcoin Record Volumes Despite Warning – Bitcoin Magazine
Relai, a Swiss company that provides a non-custodial bitcoin wallet app, has reported that November 2022 was its best month in terms of volume and revenue. According to a press…
Here’s What’s In Brazil’s Crypto Bill – Bitcoin Magazine
On Tuesday, Brazil’s Chamber of Deputies approved a landmark cryptocurrency legislation that sets the tone for how the country will regulate bitcoin. Key aspects of the bill relate to the…
Sam Bankman-Fried And FTX Largest Crypto Fraud History – Bitcoin Magazine
The below is an excerpt from the Bitcoin Magazine Pro report on the rise and fall of FTX. To read and download the entire 30-page report, follow this link. The…
Inflation Did Not Come From Nowhere – Bitcoin Magazine
This is an opinion editorial by Federico Rivi, an independent journalist and author of the Bitcoin Train newsletter. We are raising interest rates “because we are fighting inflation. Inflation has…
Our data shows traders are now net-long USD/JPY for the first time since Nov 14, 2022 when USD/JPY traded near 140.09.
Number of traders net-short has decreased by 7.74% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI USD/JPY BEARISH 50.02% 49.98% 6.62%…