Thailand’s Securities and Exchange Commission (SEC) has approved Tether’s USDT and Circle’s USDC for cryptocurrency trading
In an interview with Fox’s Larry Kudlow on Monday, billionaire Elon Musk admitted that his involvement with the Department of Government Efficiency (DOGE), Donald Trump’s initiative to reduce federal spending, is making it tougher to run his many businesses: X, Tesla, xAI, SpaceX, The Boring Company, and Starlink. “How are you running your other businesses?” […] © 2024 TechCrunch. All rights reserved. For personal use only.
Former Google CEO Eric Schmidt is taking over as the CEO of Relativity Space, a 9-year-old rocket startup, a company spokesperson confirmed in a statement to TechCrunch. This is Schmidt’s first CEO job since he left Google roughly 15 years ago. On Monday, Schmidt told employees of Relativity Space that he made a significant investment […] © 2024 TechCrunch. All rights reserved. For personal use only.
Microsoft may be pivoting to a multiplatform approach for its biggest games, but that doesn’t mean it’s abandoning hardware just yet. The company reportedly has an Xbox partner handheld planned for 2025 as it works on its next-gen consoles aiming for release in 2027. It looks like the Switch 2 won’t be the only…Read more...
Kraken received approval from the UK’s Financial Conduct Authority (FCA) to operate electronic money services, allowing it to issue electronic money and handle deposits and withdrawals for clients.
1. On-Balance Volume (OBV) Analysis The On-Balance Volume (OBV) for the Dow Jones Industrial Average (US30) shows a strong bullish signal: Current OBV value: 122 billion as of March 7, 2025 Trend: Consistently rising (115B to 122B over the last 5 periods) 2. Volume RSI and Market Sentiment The Volume Relative Strength Index (RSI) provides insights into the market's momentum: Current RSI: 40.5 as of March 7, 2025 Interpretation: Not oversold, potential for reversal 3. Trading Volumes and Market Participation Recent trading volumes indicate strong market participation: Average 3-month volume: 571,237,219 Recent daily volumes: 378,263,925 and 355,151,349 Last 24-hour volume: 543,817,886 4. Institutional Money Flow The Commitments of Traders (COT) report and other indicators suggest strong institutional presence: Institutional traders maintaining substantial positions in US30 futures High trading volumes indicating active institutional participation Rising OBV confirming institutional accumulation This institutional involvement provides a solid foundation for the long position, as large players often have the power to drive market trends .
Hit all resistances. Daily, weekly.. etc. Massive volume inverse pinbar. Still need to test down side supports. Even if it falls... Weekly chart may remain bullish. 4.15 - 3.65 major support & targets.
As previously analyzed, BTC has been dumping rather heavily following the breaking of the blue trendline. Trump's tariff war is taking its toll on US stock market and also the crypto market. Investors are afraid of a possible recession in 2025 so they are selling heavily in both markets. we can define two possible scenarios for BTC for the upcoming weeks. One scenario is that the drop from 110,000 level is actually the retest of the previous ATH zone (73,000 zone). In this scenario BTC can even touch 69,000 zone as well but later forms a trading range and after touching the long term ascending trendline, can start another upward move to hit new ATH levels. The other scenario is that upon reaching the 73,000 zone, BTC will have a temporary reaction but later sell pressure adds up and it falls below the support zone and breaks the long term trendline and activates much lower targets such as 50,000 zone and 39,000 zone. (falling below 66,000 zone will probably activates the bearish scenario)
SoundHound bounced perfectly off the SMA 200 ($8.28), confirming it as key support (S1). This remains a critical level to hold. I’ve now added S2 ($7.94), S3 ($7.28), and S4 ($6.10) as additional downside levels to watch. If the SMA 200 fails, I’d anticipate further downside, especially in the current bearish market environment. Keeping a close eye on price action at these levels. Stay tuned for updates.
Strength 1)According to dow theory city pharma limited is following uptrend and never break recent lower high. 2)Creating clean AB:CD pattern on daily and weekly time frame. 3) Completed 50 to 60% retracement on daily and weekly time frame and it looks good for uptrend from current price level. Weakness 1) Price level of 92 to 93 showing rejection if it sustain above this price then we can expect good uptrend