Solana Hits ATH; Oil’s Choppy Trading Amid Hurricane Ida: Markets Wrap
By / August 30, 2021

On the 16th anniversary of Hurricane Katrina, the category four storm arrived with winds above 150 mph, striking key energy hub Port Fourchon, whose docking site supports roughly 90% of the Gulf’s oil rigs. 

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Solana and Terra Soar, Equities Advance Following Fed’s Taper Talk: Markets Wrap
By / August 27, 2021

Investors allocated capital towards more inflation-sensitive sectors of the market after Chair Powell reassured that inflation is transitory during the virtual meeting.

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Bitcoin, Cardano Face Losses Before Fed’s Jackson Hole Meeting: Markets Wrap
By / August 26, 2021

“Hawkish commentary from the Fed could bring some volatility to the stock as well as crypto markets,” BKCoin Capital’s Kevin Kang said. “After Bitcoin briefly hit above $50,000 for the first time in three months, which closed May’s CME futures gap, there has been a lot of bullish optimism in the market.”

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Bitcoin Steady Before Options Expiry: Markets Wrap
By / August 25, 2021

At the $50,000 strike price, there is a huge open interest in bitcoin options expiry on Friday.

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Podcast: Why Banks Aren’t Lending
By / August 25, 2021

Alfonso Peccatiello of ING Deutschland discusses how a Bitcoin standard could impact a credit driven economy.

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Bitcoin Stalls, Equities Advance Ahead Fed’s Jackson Hole Summit: Markets Wrap
By / August 24, 2021

“Watching bitcoin over the past week has been something akin to penalty shootouts,” YIELD founder Tim Frost said. “Just when it seems it’s made it clean past the $50,000 mark, all of a sudden it’s behind again.”

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Bitcoin Surges Above $50K, Cardano Rises, US Dollar Slips: Markets Wrap
By / August 23, 2021

Bitcoin continues to rise on a depreciating dollar ahead of the Fed’s Jackson Hole Economic Symposium.

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Cardano’s ADA Token Hits All-Time High: Markets Wrap
By / August 20, 2021

Hitting an all-time high of $2.52, the altcoin dethroned BNB coin again as the third largest crypto by market cap Friday morning.

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Equities Trade Sideways Amid Tapering Talk: Markets Wrap
By / August 19, 2021

“There are risk-off money flows across asset classes as investors fear that central banks are poised to tighten policy into a global economic slowdown this fall,” said Tom Essaye, President of Sevens Report Research.

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Solana and Terra Tokens Rise Amid NFT Craze: Markets Wrap
By / August 18, 2021

“It’s great to see some divergence among different assets as we saw Solana (SOL) and Terra (LUNA) continue to hit all-time highs, which I believe shows that this asset class [will] continue to mature,” said Founding Principal of BKCoin Capital Kevin Kang.

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