The Cointelegraph Press Review

Cointelegraph.com News

• Crypto, tech stocks climb on Nvidia’s blowout Q3 earnings
  Nvidia has posted a record quarterly revenue, which has helped dampen fears of an AI bubble and lift crypto and tech stocks. Tech and crypto stocks rose in after-hours trading on Wednesday after chip maker Nvidia’s third-quarter earnings beat expectations on the top and bottom line, allaying fears of an AI bubble.Nvidia reported record revenue […]
• BlackRock signals it is working on a new staked Ethereum trust ETF
  BlackRock is now pursuing a new staked Ethereum ETF, offering more lucrative returns, approximately 15 months after launching its flagship ETH fund, ETHA. BlackRock has registered for a new staked Ethereum exchange-traded fund in Delaware, signalling that the $13.5 trillion asset manager is now ready to expand beyond its flagship Ethereum ETF product.A Delaware name […]
• Bitcoin futures traders refuse to capitulate even as BTC price drop to $89K
  Bitcoin derivatives remain stable despite BTC revisiting the $89,000 level. Is the futures market’s resilience an early hint that traders expect a price reversal? Key takeaway:BTC derivatives metrics show traders taking precautions, but the data suggests traders are not reaching distressed levels yet.Bitcoin ETF outflows and tech sector weakness keep sentiment subdued, reducing confidence that […]
• XRP price at risk of a 25% drop to $1.55: Here is why
  XRP ledger activity has slumped over the past four months, increasing the downside prospects for XRP price to drop to $1.55. Key takeaways:XRP validates a bearish descending triangle, risking a 25% drop to $1.55.A bearish divergence from the weekly RSI points to increasing downward momentum.Read more
• Coinbase to roll out its new ‘DeFi Mullet’ offering in Brazil
  Coinbase is rolling out its DEX trading platform to Brazil about six weeks after it launched in the US, offering Brazilians over 10,000 tokens to trade without leaving Coinbase’s app. Coinbase is expanding its decentralized exchange trading platform, called “DeFi Mullet,” to Brazil, providing them with access to tens of thousands of tokens without needing […]
• Prospective CFTC chair addresses DeFi regulation at nomination hearing
  Michael Selig said he supported having a “cop on the beat” for digital asset markets and answered questions about how he would handle regulation as the sole CFTC commissioner. Michael Selig, who serves as chief counsel for the crypto task force at the US Securities and Exchange Commission, faced questions from lawmakers on the Senate […]
• Bearish Bitcoin signal fires, raising chance for a 77% price drop
  A bearish signal from Bitcoin’s SuperTrend indicator projected a major decline, which could be reinforced by the Crypto Fear and Greed index registering “extreme fear.” Key takeaways:Bitcoin’s Supertrend indicator sent a “sell” signal that has led to a 77% price drop in the past.The crypto sentiment index in “extreme fear” suggests there is more pain […]