All articles tagged with #trader
Originally Published 2 years ago — by Financial Times
A hedge fund trader who was at the center of the cum-ex scandal has been extradited to Denmark. The trader's extradition is part of ongoing efforts to hold individuals accountable for their involvement in the complex tax fraud scheme.
Originally Published 2 years ago — by Kitco NEWS
Gold and silver prices are slightly down as trader and investor risk appetite increases, following a solid rally in U.S. stock indexes. The recent lack of major developments in the Israel-Hamas conflict has lifted market spirits and allowed traders to focus on normal market fundamentals, reducing safe-haven demand for precious metals. The Bank of Japan plans to continue its monetary policy easing, and the U.S. dollar index is slightly lower. U.S. economic data to be released includes the employment trends index and the global services purchasing managers index. Technically, gold and silver futures have a slight advantage, with resistance levels and support levels identified.
Originally Published 2 years ago — by Cointelegraph
A popular trader, Credible Crypto, predicts that Bitcoin will hit new all-time highs in 2023, with October being the favorite month for it. He argues that the next four months should deliver the bullish BTC price momentum needed to tackle $69,000. Bitcoin has delivered a successful retest of support on monthly timeframes, with $25,000 now possibly a springboard for a new "parabolic advance." Timing for such a move remains open, but October is a "fairly logical guesstimate."
Originally Published 2 years ago — by The Daily Hodl
Analyst DonAlt, who accurately predicted Bitcoin's bottom at $16,000, has updated his fellow traders that he is no longer looking to sell any BTC at his initial target of $35,000. He believes that the global recognition of Bitcoin as an alternative to the banking system is so new and powerful that he's nowhere near ready to sell. DonAlt thinks that bearish analysts who have remained focused on the macro economy will continue to look lost on the sidelines. He believes that BTC could climb to $100,000 this cycle.