The permission you grant without noticingThe most expensive beginner mistake in crypto is not clicking a phishing link or losing a seed phrase. It is signing a real transaction on a real website that requested permissions you did not understand. The mechanism is called a token approval, or allowance, and it is a standard, legitimate feature of how tokens work — which is exactly why...
The headline split
Crypto funds did not move together last week — they split. US spot crypto ETFs posted a combined $701.27 million in net outflows for the week, but the damage was concentrated: Ethereum funds lost $431.53 million, Bitcoin funds lost $202.59 million and Solana funds lost $71.47 million, while XRP spot ETFs attracted $4.32 million in net inflows — the only one...
The one-sentence version
The Relative Strength Index (RSI) is a momentum oscillator that scores recent price moves from 0 to 100, telling you how fast price has been rising or falling — not whether it will rise or fall next. It was designed to flag when a move has gone so far, so fast, that a pause or reversal becomes more likely. It was not designed to call tops and bottoms on its...
A down week that was not a broad selloff
Last week looked like a rout on the headlines — the S&P 500 down about 0.6 percent, the Dow down less than 1 percent, the Nasdaq down 2 percent, and Friday alone taking the Nasdaq down 2.86 percent, its worst single day since June, with the S&P 500 down 1.82 percent and the Dow down 1.09 percent. But underneath, the market split in...
From 26 objections to 50 in four daysWall Street's pushback against tokenized stocks is accelerating, not fading. The number of companies objecting to tokenized versions of their shares on OKXICE has now reached 50, worth more than $25 trillion combined — up from 26 just four days earlier, with 12 companies added in the latest notice alone. Nvidia, Nike and Micron are among the latest...
The range finally breaks — upward
The range this site's Forex guide mapped just hours ago has broken, and it broke upward. EUR/USD climbed to $1.1234 on Monday, November 2, up about 0.7 percent on the day, after spending the previous session coiled inside 1.1100 to 1.1220. The dollar eased about 0.5 percent against a basket of major currencies to 101.45, touching its lowest in a...
From a spike to a slowdown
The first weekend after the largest crypto exchange hack on record produced a very large, but orderly, exit — and by Monday, November 2, that exit was slowing. Binance customers have withdrawn a net $4.72 billion since the exchange lifted its withdrawal suspension on Sunday morning, a spokesperson told Reuters, after a hack in which $6.3 billion of crypto was...