Norwegian Krone: Further upside potential versus SEK – Rabobank

Finance  Norwegian Krone: Further upside potential versus SEK – Rabobank  Rabobank‘s FX Strategy team notes that NOK/SEK has gained around 11% year-to-date as the Norwegian central bank turned more hawkish while the Riksbank stayed on hold. They highlight sticky inflation and Norway’s energy-exporter status as supportive for the Norwegian Krone. The bank prefers buying NOK/SEK on dips and targets 1.02 over a three-month horizon.  Norwegian Krone supported by hawkish Norges Bank  “At the same time, the Norges Bank swung from a dovish tone at the end of last year to a more hawkish stance based on domestically driven sticky inflationary pressure.”  “This triggered a Norges Bank rate hike last week on the same day that the Riksbank maintained steady policy.”  “While fiscal policy will help support consumption in Sweden and potentially lift underlying inflation pressures, sticky inflation has been a theme in Norway for a while.”  “In the year to date, NOK/SEK has risen around 11%, and we see the potential for further upside in the months ahead.”  “We favour buying NOK/SEK on dips and look for a move towards the 1.02 level on a 3-month view.”

05-14

Ethereum Sees Surge in Realized Profits Despite Price Dip

On-chain data from recent days suggests traders are locking in profits, encouraged by earlier periods of accumulation and higher transaction volumes.  Ethereum posted around $74.58 million in realized profits whether for small- or large-scale traders, the highest total in three weeks even after a ~5.5% price drop from its three-day high, according to Santiment Data Report. This yielded a wide pattern for how profit taking behavior can look even if price action played short term.  Realized profits rising during a price drop may seem paradoxical at first glance. However, this is a pretty market action in which investors that bought at much lower rates start taking profits amid very brief pullbacks.  February and March were a time dominated by geopolitical fears fracturing the world order, stressing commodity supply chains and fuelling wider crypto market volatility with Ethereum hovering below $2,000 for much of that period. During this period, institutional players accumulated quietly while the price was suppressed.  The ETHs purchased on this dip nearly four years ago are still up considerably in mid-May, with Ethereum stuck at lower levels. As a result, numerous holders are choosing to sell chunks of their holdings and realize profits before the price volatility comes.  This wave of selling does

05-14

Ethereum Price Prediction: ETH Trapped Below Sell Walls

Ethereum is still under pressure as whale sell walls block the path toward $2,400. The charts show $ETH needs a clean move above $2,323 before buyers can claim the first real recovery signal.  Ethereum Price Faces Whale Sell Wall as $ETH Struggles Below $2,400  Ethereum is trading below a major sell wall near $2,400, according to the chart shared by CW. The chart shows $ETH recovering from the $2,233 area, but the move still faces resistance before price can reach the upper zone.  CW said Binance whales formed the larger sell wall at $2,400. This means large sell orders may be waiting near that level, which can slow or block an upside move.  Ethereum Whale Sell Wall Setup. Source: CW on X  The chart also shows a smaller short-term sell wall near the $2,320 area. CW said Coinbase whales created that barrier, which suggests U.S.-based whale activity is limiting the current recovery attempt.  $ETH has moved back toward the $2,267 area after bouncing from the recent low. However, the structure still shows price trading below both whale resistance zones. This keeps the short-term trend under pressure.  The $2,320 area is the first level $ETH needs to clear. If price breaks above that zone, the next major test

05-14

Ethereum ICO Whale Moves 50 ETH after 10.8 Years of Dormancy

A pioneer Ethereum ICO member has recently reemerged with an exclusive $ETH transfer. Particularly, the Ethereum whale has awakened after 10.8 years, transferring 50 $ETH coins. As per the data from Lookonchain, this reentry to the market following such a long period could be very significant, with potential implications. The market participants are keenly observing the potential motive behind this move and its likely outcomes.  Another #Ethereum ICO participant woke up after 10.8 years of dormancy, just transferring 50 $ETH ($113K) to a new wallet.  Pioneer Ethereum Investor Transacts 50 $ETH Following 10.8-Year Dormancy  One of the early Ethereum ICO members has resurfaced after remaining inactive for 10.8 years. In this respect, the whale has transacted a total amount of 50 $ETH coins to a unique address. Originally, this investor reportedly contributed only $124 during the Ethereum ICO in 2014.  As a result of that Ethereum ICO contribution, the investor received a cumulative 400 $ETH coins in return. Following that event, the investor reportedly went dormant. Thus, following almost eleven years, the wallet has made the 1st transfer of 50 $ETH, equaling up to $113,000.  Portfolio Grows from $124 ICO Contribution to Staggering $906K with 7,303x Return  The transacted amount is considerably higher than the original

05-14

Ethereum Leverage Tells Two Different Stories On Binance And OKX: Traders Face A Fragile Setup

Ethereum is consolidating between $2,250 and $2,450 as the market searches for the catalyst or the structural shift that forces a decisive move in either direction. The price is holding but not breaking — and CryptoQuant analyst MorenoDV has identified a divergence in the derivatives data across two of the largest exchanges in the world that adds a specific risk dimension to the current setup that most participants are not watching.  The analysis examines the Estimated Leverage Ratio — the measure of how much derivatives exposure is being built on top of the ETH reserve base held by each exchange. A higher ratio does not automatically signal danger, but it does describe a more sensitive market structure: more open positions relative to available reserves means more potential volatility per unit of the underlying asset, and a lower tolerance for adverse price movements before liquidation dynamics begin to take hold.  Since the October 10 crash, Binance‘s ETH reserves have declined approximately 5.9% — from 4.037 million to 3.8 million ETH. Over the same period, OKX reserves have collapsed by approximately 82.3%, falling from 861,000 to just 152,600 ETH. Despite that dramatic reserve reduction, OKX’s Estimated Leverage Ratio now sits at approximately 5.6 —

05-14

Machine learning algorithm predicts Tesla stock price on May 31, 2026

After gaining momentum and soaring nearly 30% between early April and press time on May 14, Tesla (NASDAQ: TSLA) appears poised to fully erase previous losses and fully catch up with the performance of the wider S&P500.  Still, despite the latest momentum, Tesla is effectively flat year-to-date (YTD), but its momentum might be in jeopardy given the various structural issues plaguing the electric vehicle (EV) maker in recent years.  Tesla stock price YTD chart. Source: Finbold  Indeed, in addition to the previous shareholder dissatisfaction with Elon Musk giving outsized attention to X, the billionaire might now be even more distracted with the plans for the initial public offering (IPO) of SpaceX and the ongoing lawsuit targeting OpenAI.  Meanwhile, Tesla itself has been suffering from a decline in sales, dramatically shown in the first-quarter (Q1) figures from California, and might see its ambitious promises regarding unsupervised autonomous driving and the ‘Cybercab’ turn into yet another disregarded milestone.  As part of its attempt to determine if TSLA shares will retain their momentum or reverse by May 31, Finbold consulted its own machine learning algorithm about where the EV maker might trade in seventeen days.  Finbold AI Agent predicts Tesla stock price on May 31, 2026  After conducting technical analysis

05-14

Solana Price Prediction: SOL Builds Cup and Handle

Solana is holding near a major support area as analysts track a monthly cup and handle setup and a higher timeframe recovery structure. The charts show SOL still needs to defend support and break above handle resistance before the larger upside setup can confirm.  Solana Price Forms Monthly Cup and Handle Setup as SOL Tests Handle Support  Solana is forming a large cup and handle pattern on the monthly chart, according to the chart shared by Bitcoinsensus. The setup shows SOL building a broad recovery structure after its 2022 decline and later rebound.  The white curve on the chart marks the cup formation. SOL moved down from its 2021 high, formed a long rounded bottom through 2022 and 2023, then recovered toward the former resistance zone near the 2021 range.  Solana Monthly Cup and Handle Setup. Source:  The blue channel on the right side marks the possible handle. This section shows SOL pulling back and moving sideways after the larger recovery. In a cup and handle setup, the handle usually forms as a cooling phase before any breakout attempt.  SOL is now trading near the lower part of that handle structure. This makes the lower blue trendline an important support area. If buyers defend it, the

05-14

Ouinex Raises $9M From Traders and Opens Launchpad

Crypto asset exchange Ouinex has closed a $3.5 million equity round, bringing total funding to $9 million. The full amount came from retail and professional traders connected to its platform, with venture capital absent from the cap table.  The company is also introducing Ouinex Launchpad, a token sale platform built around verified access, trader engagement, and loyalty.  The announcement comes during a period of low trust across crypto trading venues. Many retail traders remain cautious about exchanges with business models tied to client losses. Ouinex is building around a different relationship between platform and user, with traders serving as both customers and shareholders.  Ilies Larbi, CEO of Ouinex, said community funding has influenced how the company approaches regulation. He said user shareholders give Ouinex more room to invest in licensing and legal work across five continents, with long-term safety and platform durability guiding those decisions.  Trader Capital Becomes Product Growth  Ouinex began its community funding strategy in June 2023 with a $2 million pre-seed round backed by more than 2,000 traders. Many came from foreign exchange, CFDs, and equities.  In February 2024, the company completed its seed and first private rounds, raising more than $4 million. A private allocation planned for four weeks sold out in

05-14

Tezos Tests Post-Quantum Privacy as Founder Slams Half-Baked Bitcoin Quantum Theories

Tezos launched TzEL, a post-quantum privacy system for blockchain payments on testnet.Arthur Breitman accused parts of the Bitcoin community of dismissing legitimate quantum risks.The project aims to protect encrypted blockchain transaction data from future decryption attacks.  While practical quantum computers capable of breaking modern cryptography do not yet exist, Tezos co-founder Arthur Breitman said some pockets of the crypto industry are treating quantum computing like a conspiracy theory while ignoring a legitimate threat to blockchain privacy.  The warning comes as Tezos launches TzEL, a post-quantum privacy system on testnet designed to protect private payments and encrypted transaction data from future “harvest now, decrypt later” attacks. Breitman said Tezos is acting with “a sense of urgency,” while parts of the industry remain complacent about quantum threats in his view.  “Some projects are barely maintained and wont be upgraded at all; but the important ones will be upgraded, mostly in a timely fashion,” Breitman told Decrypt.  Breitman took particular issue with some in the Bitcoin community promoting what he described as pseudo-scientific theories about quantum computing.  “There are Bitcoiners being applauded on stages for half-baked crank theories about quantum mechanics that fly in the face of established physics,” he said.  The cultural debate centers on whether blockchain networks

05-14

US: Initial Jobless Claims rose to 211K last week

Finance  US: Initial Jobless Claims rose to 211K last week  According to a report from the US Department of Labor (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance increased to 211K for the week ending May 9. The latest print came in above initial estimates and was higher than the previous weeks 199K (revised from 200K).  Additionally, the 4-week moving average went up by 0.750K, bringing it to 203.75K from the revised average of the previous week (203K).  The report also indicated that Continuing Jobless Claims increased by 24K to 1.782M for the week ending May 2.  Market reaction  The Greenback advances modestly amid steady uncertainty in the geopolitical landscape, with the US Dollar Index (DXY) navigating the 98.50 area in a context of widespread lack of direction in the global markets.

05-14
1
...
527529
...
1000