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RBA’s statement on interest rates sends mixed signals to traders


Michele Bullock, the Governor of the RBA, recently talked about inflation in an interview. The executive stated that inflation in Australia is expected to rise. However, it is too early to decide how it will affect the impact on interest rate settings. This was Bullock’s first appearance before...

Biggest Movers: DOGE, SHIB 10% Higher, as Bulls Race to Meme Coins


Dogecoin was one of Thursday’s big movers, as the cryptocurrency climbed by as much as 10% in today’s session. The surge in price comes as traders look to find opportunities in riskier crypto assets, with the meme coin realm ticking this box. Shiba inu also gained, reaching its highest point...

What Developments Should Traders Watch As Bitcoin Trades Range-Bound?


Source: Pexels Bitcoin price managed to avoid sharp volatility today, trading within a relatively narrow range.  The world's largest digital currency by market value fluctuated between roughly $33,800 and $34,400 today, according to BTC/USDT Coinbase data provided by TradingView.  This took...

Nigerian Bank Reportedly Freezes Accounts Belonging to 500 USDT Traders


A Nigerian bank has reportedly blocked bank accounts belonging to some 500 digital asset traders. The affected accounts are said to have received a portion of the more than $10 million that was stolen from Access Bank by hackers between May and June this year. A prominent Nigerian crypto enthusiast...

Binance Resumes Euro Transfers Through New Fiat Partners


Cryptocurrency exchange Binance is restoring fiat services for customers using the common European currency, the euro (EUR). The coin trading giant announced that users are already migrating to the new platforms it partnered with in the wake of losing the services of Paysafe. Crypto Exchange...

Technical Analysis: What Do Bitcoin Traders Need To Know Right Now?


Source: Pixabay Bitcoin prices have been trading north of $28,000 lately, as the cryptocurrency fluctuates within a reasonably well-defined range.  The digital currency has experienced some minor price gyrations in the last few days, but it has remained stuck below $29,000, according to Coinbase...

Using Tether to avoid market volatility: Strategies for traders


Cryptocurrencies are revolutionary in the financial world, exposing traders to highly volatile markets while providing opportunities for significant gains. Tether (USDT) has become popular for traders seeking stability in this volatile market. The USDT stablecoin offers a safe harbor in...

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