Namecoin vs Bitcoin has been falling since the middle of the month, with barely a single bull candle since then. Will the trend continue?
Let's take a closer look at the current NMC/BTC Daily chart below (click to expand):
I've performed the Fibonacci study from the low on the 13th of April at 0.00390, until the latest high, three days later on the 16th, at 0.00655, which represented a massive 66% increase in not even half a week.
Since then, the sell off has been as consistent as the upsurge (marked with an orange arrow), if not as powerful, something quite rare, especially in currency markets, since there's usually some forms of retraces to be found, but in this case, specifically on the Daily timeframe, the bears have just been digging continuously, leaving no breathing space for the bulls.
The fact that so many key indicators, such as the Stochastic, the Accelerator and the Awesome Oscillators have all displayed similar consistent bear dynamics, is a testament to the nature of the trend. The Accelerator and the Awesome have been red for a number of days, without interruption, whilst the Stochastic has been heading down in a smooth manner.
Such has been the momentum of the sell off that it's taken the last major Fibonacci retracement level, 78.6% at 0.00447, to put some brakes on NMC/BTC. Price has tested 78.6% twice, once yesterday and once today, marked in blue.
So the key question is, is this southern trend going to continue? For the short term - it's very likely we'll see some bulls attempting to muster some strength. I say this due to what I'm seeing on the H4 timeframe below (click to expand):
We can see how right now, the Stochastics are beginning to creep upwards from an extremely oversold position, with the AC and AO just turning green, but this could be a temporary respite seeing as though the bears have been going strong for a number of days now.
Namecoin vs Bitcoin has been falling since the middle of the month, with barely a single bull candle since then. Will the trend continue?
Let's take a closer look at the current NMC/BTC Daily chart below (click to expand):
I've performed the Fibonacci study from the low on the 13th of April at 0.00390, until the latest high, three days later on the 16th, at 0.00655, which represented a massive 66% increase in not even half a week.
Since then, the sell off has been as consistent as the upsurge (marked with an orange arrow), if not as powerful, something quite rare, especially in currency markets, since there's usually some forms of retraces to be found, but in this case, specifically on the Daily timeframe, the bears have just been digging continuously, leaving no breathing space for the bulls.
The fact that so many key indicators, such as the Stochastic, the Accelerator and the Awesome Oscillators have all displayed similar consistent bear dynamics, is a testament to the nature of the trend. The Accelerator and the Awesome have been red for a number of days, without interruption, whilst the Stochastic has been heading down in a smooth manner.
Such has been the momentum of the sell off that it's taken the last major Fibonacci retracement level, 78.6% at 0.00447, to put some brakes on NMC/BTC. Price has tested 78.6% twice, once yesterday and once today, marked in blue.
So the key question is, is this southern trend going to continue? For the short term - it's very likely we'll see some bulls attempting to muster some strength. I say this due to what I'm seeing on the H4 timeframe below (click to expand):
We can see how right now, the Stochastics are beginning to creep upwards from an extremely oversold position, with the AC and AO just turning green, but this could be a temporary respite seeing as though the bears have been going strong for a number of days now.
Crypto Industry in 2025: Five Defining Trends – And One Prediction for 2026
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
