Hafez Financial Services


Month: August 2021

Why Bitcoin Dominance Could Submit To Altcoin Season Several Months Longer

Bitcoin price is struggling to break through resistance at $50,000, and it could partially be altcoins to blame for the weakness. The most recent technical structure on the highest time frames suggests that not only could alts continue to gain against BTC dominance, altcoin season itself could last a while longer. […]

PayPal reportedly looks to take on Robinhood with stock trading

PayPal has reportedly conducted discussions to acquire a broker-dealer but is unlikely to launch the new investment service this year. American payment giant PayPal is reportedly exploring ways to offer stock trading after launching cryptocurrency trading services last year. PayPal is looking to buy or partner with a broker-dealer to […]

Institutions remain bullish on Cardano and Ether while BTC outflows persist

Ethereum and Cardano continue to dominate inflows to institutional crypto investment products while demand Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin. In its Digital Asset Fund Flows Weekly report on Aug. 30, institutional asset manager CoinShares […]

This DeFi platform positions itself as a new Compound built on Solana

With the help of artificial intelligence, one DeFi protocol is eliminating the barriers to trading. Decentralized exchanges (DEXs) empower users by getting cryptocurrency assets into the hands of more people. One platform is attempting to make the trading of crypto more accessible and straightforward with the use of artificial intelligence. […]

Here’s what happens to Ethereum (ETH) revenue after multimillion NFT sales

Does all of the money spent on NFTs actually stay in the market or is dumped on unsuspecting investors causing price fluctuations? The latest research from crypto analytics company Nansen analyzed the flow of ether (ETH) that has come into the NFT market to determine whether it had any effect on ETH’s […]

Bitcoin whales join ‘small fish’ in buying BTC as price holds above $47K

Bitcoin addresses holding 1,000–10,000 BTC have resumed accumulating coins. Rich crypto investors are turning their attention back to Bitcoin (BTC) as its price continues to eye a breakout move above $50,000. Crypto-focused newsletter Ecoinometrics reported positive changes in Bitcoin holdings for addresses controlling 1,000–10,000 BTC. So, based on their rising […]