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US Dollar May Increase Pressure on Emerging Markets


What’s Happening? The gain of the US Dollar has been against ASEAN currencies. It had gained 0.14% against the Singapore dollar, 2.16% against the Thai baht currency, and 0.71% against the Philippine peso.  The Indonesian Rupiah was more resilient, with USD/IDR falling 0.54%. This fall could...

Abra CEO Bullish on Ethereum, Predicts ETH Could Hit $40,000


Abra’s CEO has predicted that the price of ether could reach $40,000. He’s more bullish on Ethereum than Bitcoin. “The use cases are through the roof,” said the executive. Abra’s CEO Predicts Ethereum Price The CEO of crypto trading platform Abra, Bill Barhydt...

Biggest Movers: XRP Rises 7%, While LUNA Falls by the Same Amount


Although cryptocurrency markets started the weekend lower, XRP was able to avoid the red wave, rising by as much as 7% in the process. LUNA on the other hand was lower, with ANC also down close to 10%. Ripple (XRP) XRP rose to its highest level in almost one month on Saturday, as the world’s...

Market Wrap: Cryptos Mixed Amid Global Uncertainty


Bitcoin (BTC) reversed earlier gains as geopolitical tensions escalated on Friday. Ether (ETH) continues to underperform, similar to what occurred in the 2018 crypto bear market. Still, stocks and crypto could see a relief rally if/when war conditions ease

Bitcoin Weighed Down by Resistance; Support at $35K-$37K


Bitcoin (BTC) continues to struggle within a choppy trading range. Downtrend resistance is strong around the $45,000 price level, which could cap upside moves. A short-squeeze is possible, albeit with limited upside

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