Is Bitcoin Still a Risk Asset?

Ether's Market Shows Signs of Indecision

Technician's Take

by Omkar Godbole

Ether's Doji Candle

ETH's weekly chart (Source: TradingView)

Ether carved out a doji candle last week, indicating indecision at record highs. 
 
The candle has neutralized immediate bullish bias, establishing $4,450 as the support to defend for buyers. 

A Message from Oasis

Are you interested in DeFi?

 

Oasis is the leading privacy-enabled, layer-1 blockchain network. Ideal for DeFi due to its instant finality, 99% lower gas fees versus Ethereum, high throughput,  privacy protection and defense against MEV.  Oasis has many key backers including a16z, Polychain, Pantera, Dragonfly and more and an established partner ecosystem with companies like Genetica, Nebula, BMW, Binance and more. 

 

YuzuSwap, the first DEX built on Oasis will launch soon with major benefits. Stay tuned to learn more here 

BOLO

Be on the lookout for the following events today:

  • 13:30 UTC (08:30 a.m. ET):
    • U.S. NY Empire State Manufacturing Index (Nov) 

ICYMI

In case you missed it, here are the most recent episodes of "First Mover" on CoinDesk TV:

 

Chia Network Provides Blockchain Solutions to Help Costa Rican Government Track Climate Change

 

"First Mover" hosts speak to Bram Cohen, co-founder of the Chia Network, as his company supplies technical services for the Costa Rican government to track climate change metrics. Plus, market insights from Chief Investment Officer at Toroso Investments Michael Venuto.

 A Message from CoinDesk

Consensus 2022, the must-attend crypto and blockchain experience of the year, is heading to Austin, Texas, from June 9-12, 2022. This is the only festival showcasing and celebrating all sides of the blockchain and crypto ecosystems, and their wide-reaching effect on commerce, culture and communities. Register now for the lowest price.

Latest Headlines

Disclaimer: The information presented in this message is intended as a news item that provides a brief summary of various events and developments that affect, or that might in the future affect, the value of one or more of the cryptocurrencies described above. The information contained in this message, and any information liked through the items contained herein, is not intended to provide sufficient information to form the basis for an investment decision. The information presented herein is accurate only as of its date, and it was not prepared by a research analyst or other investment professional. You should seek additional information regarding the merits and risks of investing in any cryptocurrency before deciding to purchase or sell any such instruments. 

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