Signals

'Coin Signals' Trader Arrested on $5M Crypto Fund Fraud Charges

‘Coin Signals’ Trader Arrested on $5M Crypto Fund Fraud Charges

The Federal Bureau of Investigation (FBI) on Tuesday arrested Rhode Island cryptocurrency trader Jeremy Spence on allegations that his “Coin Signals” crypto funds bilked investors of $5 million between November 2017 and April 2019. The 24-year-old proprietor of at least three crypto funds allegedly ran their value into the ground, losing millions of dollars for …

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The Mixed Signals Economy: The Breakdown Weekly Recap

The Mixed Signals Economy: The Breakdown Weekly Recap

Jobless claims are down, coronavirus cases are up and the markets simply don’t know what to do. On The Breakdown’s Weekly Recap, NLW explores: The final tally on the TikTok Doge viral campaign  The growing geopolitical tension between China and the U.S. and where it’s manifesting  Positive economic indicators in reduced jobless claims Negative economic …

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Bitcoin's cost basis metric signals 'macro bullishness'

Bitcoin’s cost basis metric signals ‘macro bullishness’

The world’s largest cryptocurrency by market cap as well as price, Bitcoin was found to be undervalued. Over the last couple of months, Bitcoin underwent impressive rallies accompanied by some severe downside market corrections. From its March 12 low of $3,800, the coin has surged by over 145%. Despite its growth, according to an on-chain …

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Bitcoin Drops as Traders See Bearish Signals in Futures Markets

Bitcoin Drops as Traders See Bearish Signals in Futures Markets

Bitcoin slid Monday to its lowest point in the past seven days, with traders saying bearish signals are appearing after the cryptocurrency’s 30 percent rebound from a market bottom in mid-March. After recovering from the depths of the coronavirus-induced sell-off, bitcoin repeatedly failed to break above a price of $7,400.  Bitcoin (BTC) prices fell Monday …

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