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GBP/USD forex signal: Bullish flag points to a breakout


The Bank of England and the Federal Reserve have a lot riding on them if GBP/USD has to attain bullish momentum. At the core lies the decision to keep rates either unchanged or bring them down. Anticipation is that the US CPI, Consumer Price Index, and unemployment data by the UK Government will...

Kamino and SolBlaze launch $bSOL Liquidity Farming program


Kamino and SolBlaze entered into a partnership to launch a $bSOL Liquidity Farming program. The agreement will result in Kamino depositors receiving 2.5 million $BLZE in a single week. The announcement was made on the official Kamino X/Twitter account. The tweet read that Kamino depositors will...

Brazilian Unicorn Nubank to Launch Crypto Withdrawals


Source: sidneydealmeida/Adobe The Brazilian neobanking unicorn Nubank will begin allowing its customers to make crypto withdrawals from its platform – following a deal that will let them trade USD Coin (USDC). Per Brazil’s Livecoins, the bank has apparently “responded to calls from the Brazilian...

Will BTC hit $1 million in 2024? Bitcoin future breakdown


Bitcoin is back from slumber, and it now means business. That is, there has to be a rise in the valuation of its token, no matter how high it goes. BTC is trading at $41,644.83 at the time of articulating this piece. Speculation around two crucial aspects, namely Spot Bitcoin ETF and Bitcoin...

Animoca Brands raises $11.88 million for Mocaverse


Animoca Brands has announced that it has raised an additional $11.88 million in funding. The development comes days after Animoca Brands raised $20 million in September 2023. It aims to build a point system and digital identity for entertainment, culture, and Web3 gaming. Having said that, total...

Can XRP reach the $1? Exploring the potential and challenges


XRP is currently exchanging hands at $0.6267, an increase of 0.81% in the last 24 hours. There is a slight chance that it may surpass the $1 mark. However, that is bound to happen eventually, with no definite timeline in any form. That does not undermine the way it has performed in the market....

eTukTuk gains momentum with over $310,000 presale success


eTukTuk is a popular crypto project that recently became a big success by integrating Blockchain technology and AI with the transportation sector to bring environmental changes, especially in developing nations. Leveraging the potential of Blockchain has allowed eTukTuk to revolutionize urban...

Bangladesh’s savings update: Forex reserves fall to $15.82 billion


Bangladesh foreign exchange reserves 2023 have been declining with net reserves currently at $15.82. Bangladesh forex reserves were at $48 billion in August 2021, recording the highest foreign exchange or simply forex is the act of trading currencies.  Forex traders speculate on the price movements...

Bitcoin’s turning point may occur at $45k level of resistance


Bitcoin’s previous resistance level was set at $35k. The next is at $45k, with BTC holders expecting to gain fruitful results. It especially pertains to those who have held their portfolio for mid-term purposes. Bitcoin currently bears the flag of dominating the market by a broader margin and will...

Ethereum at $2.2k is hilarious as bulls aim for $2,500


Ethereum has seen a price increase in the past couple of weeks. The second-biggest crypto is currently trading above $2,200. ETH has registered a 17.12% increase in the past month. Now, the crypto is comfortably above the $2,100 support level against the dollar. Ethereum has a high of $2,274,...

Bitcoin crosses $40,000, setting stage for a potential run to $100,000


Bitcoin ended the previous week at $40,210. Moving above the $40k mark was inevitable. What comes as a surprise is that it has recovered pretty quickly from the crypto winter. Another aspect contributing to the leading cryptocurrency’s growth is anticipation about the Spot Bitcoin ETF....

FDUSD Nears $1 Billion Cap — A Rapid 253% Surge in Supply Since August


Recent data indicates that the market capitalization of the newly introduced stablecoin, first digital usd (FDUSD), is approaching the $1 billion threshold. This growth, a 253% increase in supply, has been recorded since August 4, 2023. Currently, the circulation of FDUSD tokens stands at...

Bittrex Global enables USD to USDT conversion for withdrawals


Bittrex Global announced on November 20, 2023, that it was winding down its operations. It sought customers to withdraw their funds in supported currency. Bittrex Global was supporting EUR and selected cryptos only at that time. However, the mechanism turned out to be frustrating since users were...

Will VeChain ever reach $1?


VeChain is currently exchanging hands at $0.02192. It is a far-fetched goal for VET to reach the milestone of $1. However, the community believes the token could yield the desired results. While a definite timeline is hard to guess, speculation is that it will take an innovative application, or...

The Rupee sees a modest gain against the USD in early trade


The Indian Rupee (₹) and the US Dollar ($) have been trading in a familiar territory for almost a month. The range is ₹81-₹84. The INR is currently at ₹83.30 for every US Dollar. However, the currency has been reported to have made some modest gains against the US counterpart in early trade. ...

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