First Mover Americas: Ether's Net Issuance Points to Supply Squeeze Ahead; Waves Hits Record High

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First Mover Americas: Ether's Net Issuance Points to Supply Squeeze Ahead; Waves Hits Record High
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Coming supply squeeze helps ether near 2022 high, and $WAVES surges 50% to new record. godbole17 reports in this morning's First Mover Americas.

for the 200-day average placed at $48,250, having missed testing the critical technical resistance narrowly on Monday.

Premium on other exchanges remained under 5%, signaling a lack of conviction among retail traders about bitcoin's ongoing price rally. Programmable blockchain Terra's LUNA token hit a new record high of $105.91."Sentiment for LUNA has grown in the past month largely due to the Luna Foundation Guard , a Singapore-based nonprofit that is purchasing over $3 billion worth of bitcoin as an additional layer of security for UST, Terra's decentralized dollar-pegged stablecoin," CoinDesk'sFrom a technical analysis perspective, the focus was on LUNA's ability to keep gains above the $100 mark.

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