Bitcoin’s Shocking Breakup with Gold: What Investors Must Know! 💔💰
This consolidation, following a rather impressive price breakout, suggests that buying activity is as high as a kite on a windy day.
This consolidation, following a rather impressive price breakout, suggests that buying activity is as high as a kite on a windy day.
In a filing dated May 16, the exchange proclaimed to a New York federal court that its terms of service, which it insists the class group cheerfully agreed to, contains a delightful clause mandating users to arbitrate all claims. Additionally, there’s a clause that prevents users from launching class actions against the crypto exchange. Because who needs collective action when you can have arbitration, right? 😂
Alas, the momentum indicators, those fickle harbingers of fate, such as the RSI and BBTrend, are steeped in bearishness, while the ominous specter of a possible EMA death cross looms, adding to the ever-present risk of further decline. HBAR now finds itself at a pivotal juncture, where the fragile support must hold, lest it tumble further into the abyss.
On a rather mundane Monday, during the bank’s annual investor day, CEO Jamie Dimon, the self-proclaimed guardian of financial propriety, announced that clients would soon be able to buy bitcoin. This, of course, came with a side of his characteristic skepticism. Dimon quipped:
On X, Marco Polo—no stranger to journeys—proclaimed that Dogecoin is preparing for a “classic move,” one that could see it vaulting to $0.5. The meme coin, he notes, has already slipped free from its falling wedge (a term which, to the uninitiated, sounds suspiciously like a pastry), though a retest looms on the horizon. The structure, he assures us, remains as steadfast as an old Russian birch tree, with the trendline holding for over a year—an eternity in crypto time.
The price of Brent crude tomorrow will be 65.6 US dollars. Today the price for 1 bbls was 65.5 USD. Yesterday the rate was 65.4 USD for 1 bbls of Brent crude. Trading of Brent crude took place in the range 64.2 – 65.5 USD. The difference compared to the previous day was 0.00%.
The price of gold tomorrow will be 3 252 US dollars. Today the price for 1 oz was 3 231 USD. Yesterday the rate was 3 182 USD for 1 oz of gold. Trading of gold took place in the range 3 174 – 3 228 USD. The difference compared to the previous day was 0.00%.
The price of silver tomorrow will be 32.7 US dollars. Today the price for 1 oz was 32.6 USD. Yesterday the rate was 32.2 USD for 1 oz of silver. Trading of silver took place in the range 31.9 – 32.2 USD. The difference compared to the previous day was 0.00%.
In the bustling city of Chicago, the CME Group has officially rolled out XRP and Micro XRP futures to its crypto derivatives lineup on this fateful day, May 19. The announcement, made with the flair of a circus ringmaster on social media platform X, heralds a new era! 🎪
Now, this little escapade coincided with Moody’s late Friday decision to downgrade the United States’ sovereign credit rating to Aa1. Yes, folks, the world’s largest economy lost its last triple-A crown, and it wasn’t even a royal wedding! Moody’s cited an “uninterrupted rise in debt and interest costs” as the culprit. Meanwhile, US 30-year Treasury yields decided to poke above 5% for the first time since April, sending shivers down the spines of equities and high-beta assets alike. 📉