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AUD/USD and Consumer Price Index: a Technical Analysis
10.10.2022
The Asian-Pacific trade market is on a down roll at the moment. Wall Street and S&P 500 signaled a bearish trend at the end of the previous week. Opening the current week could be difficult unless the market has the key to open the gates for a bull. Wall Street indicated that the market would...
USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’
9.10.2022
In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société...
Crypto traders shift their focus to altcoins while Bitcoin price consolidates
9.10.2022
Traders shift their focus to XRP, UNI, QNT and EGLD while Bitcoin continues to consolidate around the $20,000 level
Biggest Movers: XRP Nears 5-Month High to Start the Weekend
8.10.2022
Xrp, the token formerly known as ripple, rose close to a five-month high on Saturday, despite the current red wave sweeping through markets. The token was trading marginally above a ceiling of $0.525, as bulls attempted to recapture recent highs. Cosmos was also higher, nearing a breakout of a...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Recent Declines on Saturday
8.10.2022
Bitcoin was trading lower on Saturday, as cryptocurrency prices continued to trade in the red following the latest U.S. nonfarm payrolls (NFP) report. The token dropped for a fourth consecutive day, moving closer to a key support point in the process. Ethereum was also in the red, hitting...
Price analysis 10/7: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, MATIC
7.10.2022
Markets corrected as U.S. jobs data reflected a stubbornly robust labor market, adding further confirmation to investors’ belief that the Federal Reserve will continue with its aggressive rate hikes
Biggest Movers: DOGE, SHIB Slide Following Better-Than-Expected Payrolls Report
7.10.2022
Meme coins were trading lower on Friday, as markets reacted to the latest U.S. nonfarm payrolls report. The data showed that 263,000 jobs were added to the United States economy in September, versus the 250,000 expected. Both dogecoin and shiba inu fell for a third consecutive session. Dogecoin...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $20,000 Ahead of US Nonfarm Payrolls Report
7.10.2022
Bitcoin was trading below $20,000 on Friday, as markets prepared for the release of the latest U.S. nonfarm payrolls report. The token moved lower for the third consecutive session, as bearish sentiment returned to markets. Ethereum continued to consolidate ahead of this afternoon’s release....
Bitcoin Cash (BCH) Price Fails to Break the Consolidation!
7.10.2022
Bitcoin Cash is a fork version of Bitcoin with slight changes in the basic rule of the protocol. The developers proposed increasing the size of the block for better efficiency, but some community members disagreed with the proposal. That is why Bitcoin Cash, a forked version, was created to meet...
Dogecoin (DOGE) Price Spikes But Not Equivalent to a Recovery!
7.10.2022
After the recent news of the Twitter acquisition by Elon Musk, the Dogecoin price drove hugely last week. Before that news, Dogecoin was consolidating within a range, it is still consolidating, but it has formed higher highs on the short-term chart. The deal was full of turns and twists because...
Uniswap (UNI) Price Rises More Than 6% In a Week!
7.10.2022
Uniswap is one of the top 20 cryptocurrencies based on market capitalization, which is up more than 6% in the last week. This boost is the result of news announcing the landing of a $100 million funding round, which makes the valuation of the company (Uniswap Labs) more than $1 billion. The funding...
Canadian central bank identifies retail CBDC archetypes in theory-heavy analysis
6.10.2022
An analyst at the Bank of Canada has written a paper that identifies recurring patterns in CBDC models and how those patterns impact a list of performance criteria
Mike McGlone Says Gold Price Is ‘Firming’ — Commodity Strategist Insists BTC, ETH Will ‘Outperform Most Major Assets’
6.10.2022
Over the last two days, Bloomberg Intelligence commodity analyst Mike McGlone published the firm’s commodity and crypto outlook reports, and McGlone’s latest analysis details that the price of gold could resume its rally after a foundation similar to 1999 is constructed. Moreover,...
Autumn bulls vs. winter bears — Will October be bullish or bearish for Bitcoin? Watch Market Talks
6.10.2022
October has historically been a green month for Bitcoin, but will this trend continue, keeping in mind the current macro market conditions? Join us as we discuss this and more with our host, Joe Hall, and Rekt Capital, a crypto trader and analyst
Biggest Movers: UNI Closes in on 5-Week High, While SOL Also Climbs
6.10.2022
Uniswap moved closer to its highest point since late August on Thursday, as the token extended recent gains. Today’s surge is the fourth consecutive day that prices have climbed, leading the token to break out of a key resistance level in the process. Solana was also in the green, recording...
XRP Recovers Strongly From the Long Consolidation!
6.10.2022
Ripple is one of the popular cryptocurrencies, but due to the lawsuit filed by SEC, XRP observed a long downtrend; now, the case seems to be in favor of Ripple, so the price recovers quickly as big investors and retailers are accumulating the coin. In this uncertain time, many other...
Will Litecoin (LTC) Recover From Bear’s Grip?
6.10.2022
Litecoin is one of the oldest crypto coins in the market, but it has struggled throughout this year because of uncertainty in the crypto world. It is one of the most underappreciated coins in the crypto space. Like the stock market, the crypto industry is also influenced by investors’...
Ethereum (ETH) Price Strongly Needs to Cross $1.5K for Bull Run!
6.10.2022
Due to market uncertainty, most top-level cryptocurrencies like Bitcoin and Ethereum have seen an outflow. Most retail investors expected a bull rally after the Merge update, but they are dissatisfied with the continuation of the downtrend. However, this update makes the network more sustainable...
Bitcoin, Ethereum Technical Analysis: Ethereum Nears $1,400, as Price Hits 10-Day High
6.10.2022
Ethereum moved closer to $1,400 on Thursday, as the token rebounded from yesterday’s sell off. The world’s second largest cryptocurrency rose to its highest point in almost ten days during today’s session, as markets were marginally higher. Bitcoin was once again trading above...
Taliban had a ‘massive chilling effect’ on Afghan crypto market: Report
6.10.2022
Crypto value received in Afghanistan surged in the wake of the Taliban seizing power in August 2021, but crypto markets have flat lined under the regime