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Bitcoin bearish social chatter reaches 5-week high: Santiment

Santiment said bearish Bitcoin comments on social media have climbed to a five-week high, which could signal a reversal sooner rather than later.

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Bitcoin’s ‘no direction’ action may lead to heavier breakout: Analyst

The longer Bitcoin's price stays flat, the bigger the move up could eventually be, according to a crypto analyst.

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Kalshi Hit With Nevada Ban As Judge Says Sports And Election Contracts Amount To Illegal Gambling Activity

A Nevada judge blocked Kalshi from offering event-based contracts in the state, ruling they constitute illegal gambling. Importance Rank:  1 read more

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Bitcoin supply in profit heads to ‘true bear market’ levels

CryptoQuant data shows there are 8.2 million Bitcoin currently at a loss, which is still under the amount of Bitcoin at a loss during the 2022 bear market.

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What are the main events for today?

EUROPEAN SESSION Today it's Good Friday. Most markets are closed and liquidity in the FX market is thinner. We don't have anything on the agenda in the European session, so you can expect a rangebound price action unless there's some big developments on the US-Iran front. AMERICAN SESSION In the American session, the only highlight…

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Former FTX head of engineering fined $3.7M to resolve CFTC lawsuit

Singh faced legal action from the SEC, CFTC and US Department of Justice after FTX collapsed in November 2022 but avoided significant prison time by cooperating with authorities.

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Switzerland March CPI +0.3% vs +0.5% y/y expected

Prior +0.1% Core CPI +0.4% y/y Prior +0.4% Even with the surge in energy prices, the impact on Swiss price pressures is less profound that what we saw with the Eurozone. Even the monthly estimate was +0.2%, missing on expectations of +0.5%. As such, the jump in headline annual inflation was also less than expected.…

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Oil extends gains, risk slumps further after Trump address

The market optimism from yesterday has been dashed after US president Trump's address here. There was some anticipation that he would hang the "mission accomplished" banner but it wasn't really that in the end. While he reaffirmed that Iran's military capacity has taken a heavy hit, he still says that it could take at least…

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What are the main events for today?

EUROPEAN SESSION In the European session, the only highlight is the Swiss CPI which is expected to rise to 0.5% vs 0.1% in the prior month. It goes without saying that the data isn't going to change anything for the SNB which remains in a hard neutral mode. The market is still pricing in 70%…

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Dorsey shares AI-integrated workplace vision weeks after Block’s 40% staff cut

Block cut 4,000 of its staff in February as part of its AI-driven pivot. A new post by Block's Jack Dorsey has shed light on how the company and others might operate in the future.

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