Why Cryptocurrency Fantom Is Crashing on Sunday

A pair of its earliest developers aren’t just leaving the project, but leaving the crypto business altogether. What happened Cryptocurrency Fantom ( FTM 1.05% ) is down 16% as of 1:25 p.m. ET Sunday following a tweet from Anton Nell that he and Andre Cronje are leaving the decentralized finance (crypto) industry. Cronje is a […]

Bitcoin slides under $39K, leading some traders to forecast a weekend ‘oversold bounce’

March 4 saw another day of seesaw price action for Bitcoin (BTC) and the wider cryptocurrency market as the global economic fallout from the ongoing conflict in Ukraine weighs heavily on a majority of the world’s financial markets. Data from Cointelegraph Markets Pro and TradingView shows that after holding $41,000 in the early trading hours on March 4, a […]

Bitcoin loses $40K as BTC price support levels give way to 1-week lows

Bitcoin (BTC) stayed below some critical support zones into the weekend after a late sell-off cost bulls the $40,000 mark. Upper range support levels crumble for BTC Data from Cointelegraph Markets Pro and TradingView painted a lackluster picture for BTC/USD Saturday, the pair lingering near $39,000 after seeing lows of $38,600. Traders had hoped that various price points above […]

S&P Dow Jones is removing Russia stocks from indexes, stripping country of emerging market status

Index giant S&P Dow Jones Indices said Friday it is removing all stocks listed and/or domiciled in Russia from its benchmarks in light of the country’s invasion of Ukraine, further isolating the nation from the global economy. The removal, effective before the open next Wednesday, also affects Russian American depositary receipts (ADRs), S&P Dow Jones […]

Weekly Market Review – March 5, 2022

Stock Markets Markets continued to exhibit unusual volatility over the past week but showed some resiliency due to the positive impact of optimistic economic news on otherwise dire geopolitical events. The Russian invasion of Ukraine is having a greater effect on certain areas of the market, particularly interest rates, inflation, and commodity prices. Overall, stocks […]

Bitcoin slides under $39K, leading some traders to forecast a weekend ‘oversold bounce’

March 4 saw another day of seesaw price action for Bitcoin (BTC) and the wider cryptocurrency market as the global economic fallout from the ongoing conflict in Ukraine weighs heavily on a majority of the world’s financial markets. Data from Cointelegraph Markets Pro and TradingView shows that after holding $41,000 in the early trading hours on March 4, a […]