Nasdaq 100 Outpaces Dow Jones as Reflation Trade is Put on Pause
[embedded content] Nasdaq 100 & Dow Jones Price Forecast: Nasdaq 100 Outpaces Dow Jones as Reflation Trade is Put on Pause If recent price moves...
Author : admin
Bank of England Preview: How Will the Pound (GBP) React?
GBP/USD Price Analysis & News Expectations Rising for a More Hawkish BoE Main Policy Tools Seen Unchanged Overview: The Bank of England is expected to...
Bitcoin bounce from $28.8K activates century-old financial model’s bullish thesis
A recent upswing in the price of Bitcoin (BTC) following a nail-biting price crash below $30,000 this Tuesday has activated a classic financial model’s bullish...
EUR/USD Rate Rebound Pulls RSI Out of Oversold Territory
EUR/USD Rate Talking Points EUR/USD trades to a fresh weekly high (1.1955) as Fed Chairman Jerome Powell strikes a dovish forward guidance in front of...
Will regulation adapt to crypto, or crypto to regulation? Experts answer
Blockchain technology promises to provide humanity and freedom with the rise of Web 3.0, a truly decentralized internet. Some even argue that the significant rise...
Manufacturing Activity Surges to a Record High, but Services PMI Cools, US Dollar Retreats
PMI SURVEYS KEY POINTS: June Manufacturing PMI surges and climbs to a record high of 62.6 from 62.1 in May Meanwhile, Services PMI decelerates and...
Bitcoin holds $34K as Bloomberg likens $30K support to $4K in 2020 BTC price crash
Bitcoin (BTC) maintained $34,000 support on Wednesday as a rebound from six-month lows showed surprising resilience. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin bulls...
Bitmain reportedly suspends Bitcoin miner orders amid booming secondhand supply
Chinese mining giant Bitmain is reportedly scrambling to respond to market conditions amid a major crackdown on crypto mining activity by local authorities. According to...
Hodlers see opportunity in Bitcoin price crash, CoinShares exec says
The downward trend in Bitcoin’s (BTC) price following its April all-time high might be worrying for first-time investors. Still, CoinShares chief strategy officer Meltem Demirors believes...
British Pound (GBP) Price Outlook: GBP/USD to Benefit from UK PMIs
GBP price, news and analysis: UK employment growth hit a record high in June, amid sharply rising workloads, and inflationary pressures also strengthened, according to...
Bank of Israel steps up CBDC efforts with reported tests on Ethereum
Israel’s central bank has allegedly completed a pilot — under the radar — for a central bank digital currency (CBDC) using Ethereum’s technology. The claim...
Bitcoin price bounces to $33K but analysts say ‘it’s too early’ to call a bottom
Cryptocurrency investors found little reprieve on June 22 as the price of Bitcoin (BTC) fell below $30,000 for the first time since January, sparking panic...
Bitcoin (BTC/USD) Breaches, Reclaims $30k in a Wild Day for Crypto
Bitcoin (BTC/USD) Talking Points: Advertisement Bitcoin (BTC/USD) prices have returned to February 2021 lows as China continues to clamp down on the cryptocurrency space. After...
Gold Price Forecast: Is XAU/USD at Risk of Further Losses?
[embedded content] Gold Price Forecast: Gold Price Forecast: Is XAU/USD at Risk of Further Losses? Gold has been on the backfoot following the June FOMC...
Bitcoin price clings to $32K as on-chain metrics hint at further downside
Cryptocurrency investors awoke to another round of price declines on June 22 after the price of Bitcoin (BTC) dropped to a 6-month low at $28,805....
US Dollar Technical Analysis: USD Grasps for Higher-Low Support
US Dollar Talking Points: Last week saw a significant move in the US Dollar, with the Greenback jumping by more than 2.5% around the FOMC...
Norwegian FSA sees urgent need for crypto investor protection
Amid Bitcoin’s (BTC) drop to six-month lows below $30,000 on Tuesday, a Norwegian financial regulator warned investors that the cryptocurrency industry is largely unregulated in...
Powers On… El Salvador is the unlikely leader for sovereign adoption of Bitcoin as national currency
Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the...
Rescuing crypto workers from terrible US job conditions: John Paller
John Paller is training a new generation of blockchain workers and giving them the tools to live free from the chains of full-time employment. After...
USD/CAD to Stage Larger Correction on Another Overbought RSI Reading
Canadian Dollar Talking Points USD/CAD attempts to retrace the decline from the start of the week even as Federal Reserve officials talk down speculation for...
A ‘seismic mining shift’ may be driving Bitcoin price below $30K: Report
Bitcoin (BTC) plunged 7.38% to hit a five-month low of $29,313 on June 22 as the market faced the prospect of another sell-off, this time...
Crypto Falling Knives: BTC Below 30k, ETH Below 2k, Doge Plays Dead
Crypto Talking Points: It hasn’t even been a week since the FOMC rate decision and crypto markets continue to go through heavy re-pricing in the...
Germany commemorates Euro 2020 soccer team with NFTs
The German Football Association (DFB) has officially announced the debut of national soccer team nonfungbile tokens (NFTs) in partnership with a major blockchain-based fantasy soccer game...
Bitcoin drops below $30K to 6-month lows: Watch these next price support levels
Bitcoin (BTC) fell under $30,000 on Tuesday as the latest BTC price dip took the largest cryptocurrency below a significant “line in the sand.” BTC/USD...
Banxico Expected to Keep Rates at 4%, but a Hawkish Pivot May Support the Mexican Peso
BANXICO KEY POINTS: Banxico will announce its fourth monetary policy decision of the year on Thursday No change in interest rates is expected, but the...
AUD/USD Rebounds From Fresh 2021 Low with RSI Buy Signal Taking Shape
Australian Dollar Talking Points AUD/USD attempts to retrace the decline following the Federal Open Market Committee (FOMC) interest rate decision as it bounces back from...
Price analysis 6/21: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
In a bearish environment, traders latch on to every bit of negative news and make that a an excuse to sell. Bitcoin (BTC) dropped over...
Canadian Dollar Forecast: USD/CAD Surge Pulls Back – Loonie Levels
Canadian Dollar Technical Price Outlook: USD/CAD Weekly Trade Levels USD/CAD put in a massive reversal last week on the back of the FOMC. Does the...
If the peer review system is broken, what the hell is the point of Cardano’s reliance on it?
In a recent interview with Lex Fridman, Charles Hoskinson, the founder of Cardano and co-founder of Ethereum offered his views on Bitcoin. The 33-year-old was...
USD/JPY Reverses Ahead of 2021 High with US PCE Price Index on Tap
Japanese Yen Talking Points USD/JPY gives back the advance following the Federal Reserve interest rate decision as the 10-Year US Treasury yield slips to a...
Nvidia GPU prices in China fall amid crypto mining crackdown
Amid the ongoing crackdown on cryptocurrency mining in China, prices of graphic cards from major GPU providers like Nvidia and Asus are becoming more affordable. ...
USD/ZAR Forecast: SA Rand Pulling Back After Hawkish Fed Scare
[embedded content] RAND ANALYSIS Rand resumes week in the green USD/ZAR testing long-term resistance Advertisement SOUTH AFRICAN RAND FALLS FROM BEST PERFORMING CURRENCY VS U.S....
El Salvador adopting Bitcoin could make it lose market dominance
El Salvador recently added Bitcoin as legal tender. In barely over a decade, an open-source, cypherpunk, radically new money system, with no publicly known creator...
MicroStrategy expands company’s Bitcoin holdings with $489M purchase
MicroStrategy has bought even more Bitcoin (BTC) despite the current price struggles for the largest crypto by market capitalization. According to an announcement on Monday,...
Classic bearish chart pattern forms for Bitcoin as BTC price tumbles to $32K
Bitcoin (BTC) bulls should look for a cover, at least as far as chart technicals are concerned. The flagship cryptocurrency continued its price declines into...
Bitcoin is ‘own worst enemy’ and will lose to Ethereum: Charles Hoskinson
IOHK CEO and Ethereum co-founder Charles Hoskinson has argued that Bitcoin (BTC) sits at a significant competitive disadvantage due to its slow speeds and will...
Markets Week Ahead: Gold, Dow, Pound-Dollar, BoE Rate Decision, Fed Risk, PMIs
Advertisement Markets were roiled by a wave of volatility last week largely in response to the Fed bringing forward its interest rate hike projections. Federal...
Top 5 cryptocurrencies to watch this week: BTC, ADA, THETA, XMR, AMP
The U.S. Federal Reserve’s plans to advance its timeline for rate hikes to 2023 has led to profit-booking in the U.S. stock market, gold, and...
Weekly Fundamental Gold Price Forecast: The Tides Have Turned
Advertisement Weekly Fundamental Gold Price Forecast: Bearish Tough sledding ahead for gold prices as the sea change in fundamentals coincided with a significant technical breakdown....
Bitcoin price can hit $450K in 2021, $135K is ‘worst-case scenario’ — PlanB
Bitcoin (BTC) could trade at an eye-watering $450,000 by the end of 2021, while $135,000 would be the “worst case scenario.” That’s according to analyst...
Bitcoin price dips below $34K as day of Grayscale’s giant BTC unlocking draws near
Bitcoin (BTC) dropped to local lows of $33,750 on June 20 as fears over weak support levels proved to be well founded. BTC/USD 1-hour candle...
NFT art galleries: Future of digital artwork or another crypto fad?
As nonfungible token (NFT) art continues to develop as an industry, a new trend is quickly emerging: physical NFT galleries featuring digital, nonfungible pieces of...
Mexican Peso Weekly Forecast: USD/MXN Charges Higher
USD/MXN Forecast: Bullish Advertisement USD/MXN has been on a strong uptrend since the US Dollar bounced back last week, helped even further by the Fed’s...
Euro Forecast: Time to Turn Bearish on Long-Term EUR/USD Price Outlook
Fundamental Euro Forecast: Bearish Last week’s FOMC meeting could prove to have been a watershed moment for EUR/USD. It’s now even more clear that the...
3 reasons why Ethereum may underperform Bitcoin in the short-term
Ether (ETH) price outperformed Bitcoin (BTC) by 173% from March 28 to May 15. The incredible bull caused the token to reach a $4,380 all-time...
Bitcoin under threat, El Salvador rejected, Mark Cuban stung, McAfee ‘has nothing’: Hodler’s Digest, June 13–19
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and...
Crude Oil Price Forecast: Bullish Scenario Remains Intact amid Strengthening Demand
CRUDE OIL FUNDAMENTAL FORECAST: BULLISH The Fed hawkish stance leads to some reflationary trade positions unwinding, but the central bank’s bias does not change the...
Ethereum faces largest ever options expiry as bears appear to dominate
Ether (ETH) faces its largest options expiry ever on June 25 as nearly $1.5 billion out of $3.3 billion notional open interest (OI) in ETH...
US Dollar Outlook: A hawkish Fed Pivot – Is the USD Rally Transitory?
USD FUNDAMENTAL HIGHLIGHTS: A hawkish Fed Pivot – Is the USD Rally Transitory? Was it the Fed or the FT that Marked the USD Bottom...
Bitcoin may lose $30K price level if stocks tank, analysts warn
The ghost of stock market crash is back again to haunt Bitcoin (BTC). It happened last in March 2020. Back then, the prospect of the...
Beyond the hype: NFTs’ actual value is still to be determined
It’s 2021. Super Bowl champion Tom Brady is starting an NFT company, Christie’s is explaining CryptoPunks to everyone, Saturday Night Live is creating jams about...
Bitcoin (BTC): Short-Term Support Under Threat as Positive Sentiment Wanes
Bitcoin (BTC/USD), Ethereum (ETH/USD), and Alt-Coin Analysis and Charts: The cryptocurrency market is ending the week in the red after giving back all of its...
Australian Dollar Outlook: Hard Fight Ahead Against FOMC-Charged US Dollar
Australian Dollar Forecast: Neutral Aussie Dollar descends into darkness after FOMC catapults US Dollar Beijing curb on commodity prices also dragging Aussie Dollar lower Economic...
Hawkish Fed comments push Bitcoin price and stocks lower again
Bitcoin (BTC) and the wider financial markets faced a new wave of selling on June 18 following comments from James Bullard, the president of the...
Bulls hesitate to buy the dip after Bitcoin price falls close to $35K
On June 18, Bitcoin (BTC) and traditional markets faced another day of downward pressure comments from the United States Federal Reserve about the possibility of...
Crypto company CEO says the recent crypto boom brought increased adoption
Cryptocurrency has gone through a number of bull and bear cycles since the industry’s inception in 2009. While 2017 saw the crypto industry boom around...
Price analysis 6/18: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH
The U.S. Federal Reserve updated their inflation expectations for this year from 2.4% in March to 3.4% in their latest meeting that concluded on June...
Ethereum’s ‘London’ hardfork set to go live on testnets starting June 24
The hotly anticipated “London” Ethereum hard fork now has a set block height for three testnets — a key penultimate step toward a full mainnet...
Amazon Primeval
For years, Amazon hadn’t faced the antitrust scrutiny that plagued rivals like Apple and Alphabet. But now Jeff Bezos finds his firm at the center...
Surveying the Amazon
In April, the digital experience management software company Sitecore released its Amazon-focused survey. And in May, Investor’s Business Daily and TechnoMetrica collaborated on a big...
British Pound Outlook: GBP/USD Clears May Low Ahead of BoE
British Pound Talking Points GBP/USD clears the May low (1.3801) as the Federal Reserve forecasts two rate hikes for 2023, and the Bank of England...
Goldman Sachs to offer Bitcoin futures trading in partnership with Galaxy Digital
Goldman Sachs has debuted a Bitcoin (BTC) futures trading product for its client in collaboration with crypto investment giant Galaxy Digital. According to CNBC, the...
Bitcoin (BTC), The Fed & S&P 500 (SPX) – FinTwit Trends to Watch
Bitcoin continues to trade within a defined support and resistance band Rates markets awash with speculation as yield curve flattens U.S. equities fall from record...
Bitcoin price falls below $37K amid little hope of a definitive weekend bounce
Bitcoin (BTC) broke below $37,000 during trading on June 18 in the latest short-term bearish sign for hodlers. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView...
Stock Market Forecast: Amazon's Prime Day is Making Retailer History
Stock Market Forecast: Amazon’s annual Prime Day event runs from June 21 to June 22 this year The retailer has created an event that sees...
EUR/USD Faces First Oversold RSI Reading Since February 2020
EUR/USD Rate Talking Points EUR/USD trades to a fresh monthly low (1.1867) as it extends the series of lower highs and lows following the Federal...
Joining the ranks: Bitcoin’s correlation with gold and stocks is growing
Bitcoin (BTC) is an uncorrelated asset, or so the narrative used to go. For much of Bitcoin’s lifetime, it existed as something of value to...
Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst
China’s crackdown on Bitcoin (BTC) mining may have unintended benefits for BTC price action, one analyst suggests. In a tweet on June 18, Charles Edwards,...
Banking giant BBVA debuts Bitcoin trading and custody for Swiss clients
Banco Bilbao Vizcaya Argentaria (BBVA) — Spain’s second-largest bank — is set to offer Bitcoin (BTC) trading and custody services in Switzerland. According to a...
USD/JPY Fails at Resistance and Pivots Lower, but the Underlying Trend Remains Bullish
JAPANESE YEN KEY POINTS: USD/JPY turns lower after colliding with a key technical resistance near the 110.80/110.97 area Despite the mild pull-back observed on Thursday,...
Bitcoin Price Stalls at Resistance – Can BTC Avoid Range-Bound Trading?
Bitcoin (BTC/USD) Price Outlook: Bitcoin Price Stalls at Resistance – Can BTC Avoid Range-Bound Trading? Bitcoin has been on a wild ride recently as the...
AUD/USD Rate Slips Below 200-Day SMA for First Since June 2020
Australian Dollar Talking Points AUD/USD slips below the 200-Day SMA (0.7548) for the first time since June 2020 as fresh forecasts coming out of the...
Gelato Network launches ‘G-UNI’ Uniswap v3 management token
While Uniswap’s highly-touted v3 has been racing to the top of TVL charts as of late, the need for active management has kept some retail...
Euro Technical Analysis: EUR/USD, EUR/JPY, EUR/GBP
Euro Talking Points: The single currency put in big moves against USD and JPY on the heels of yesterday’s FOMC rate decision. In EUR/USD, it...
Bitcoin slips below $39K as Fed sends gold to 6-week lows
Bitcoin (BTC) edged closer to $38,000 support on June 17 as comments from the United States Federal Reserve sparked a mass sell-off for gold. BTC/USD...
Gold Price Vulnerable Following FOMC as RSI Approaches Oversold Zone
Gold Price Talking Points The price of gold tumbles to a fresh monthly low ($1776) as the Federal Reserve continues to upgrade its economic outlook...
An asset for all classes: What to expect from Bitcoin as a legal tender
For much of its life, Bitcoin (BTC) has been viewed mainly as a speculative financial instrument, but El Salvador’s dramatic move in making BTC a...
Bitcoin first ‘genuinely new asset class’ in 150 years, says Ric Edelman
Ric Edelman, founder of financial advisory outfit Edelman Financial Engines, described Bitcoin (BTC) and crypto assets as a “completely new and different asset class” that...
Here’s why one analyst says Bitcoin will outperform Ethereum in the short term
In terms of price potential, Bitcoin (BTC) is staring at the possibility of outperforming Ether (ETH) in the short term. So believes David Lifshitz, chief investment...
US Republican Party’s election arm to accept cryptocurrency donations
The United States’ National Republican Congressional Committee — the body responsible for coordinating Republican electoral efforts — is introducing donations in cryptocurrencies like Bitcoin (BTC)....
Alchemix patches ‘Reverse Rug’ exploit, address $6.5 million shortfall
It’s as miraculous as Aladdin taking off on a magic carpet: in a possible first, some of the users of a decentralized finance protocol were...
Dow Jones Price Falls to Key Trendline as Fed Enters Taper Talk Window
[embedded content] Dow Jones Price Forecast: Dow Jones Price Falls to Key Trendline As Fed Enters Taper Talk Window The Dow Jones is at risk...
Price analysis 6/16: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH
Bitcoin’s price (BTC) turned down from just above the $41,000 mark on June 15, suggesting that traders are halting their purchases at higher levels. Traders...
US Dollar Strength Might Fade as Powell Downplays Fed Dot Plot
US DOLLAR, FED DECISION, POWELL PRESS CONFERENCE – TALKING POINTS US Dollar strength in response to the latest FOMC decision could start to sputter Fed...
USD/ZAR Forecast: Fed Hawkish Surprise Depresses Rand Gains
[embedded content] RAND ANALYSIS Rates unchanged however 2023 dot plot changes Heavier lockdown restrictions in South Africa Advertisement The Federal Reservemet today which resulted in...
Oil Price Rally Eyes 2018 High as RSI Pushes Into Overbought Territory
Oil Price Talking Points The price of oil trades to a fresh yearly high ($72.93) amid a larger-than-expected decline in US inventories, and the overbought...
US Dollar, Yields Surge as Fed Brings Forward Taper Timeline
[embedded content] US DOLLAR, TREASURY YIELDS, FED MEETING – TALKING POINTS US Dollar price action is broadly stronger as yields push higher post-Fed decision The...
DAOs in court? Curve Finance ponders enforcing license over rival Saddle
Square peg, meet round hole: a decentralized autonomous organization is pondering taking a rival fork to court. Earlier today, a member of the Curve Finance...
Bullish all the way? MicroStrategy doubles down on its Bitcoin bet
There’s never a dull day when it comes to crypto as was exemplified recently when the digital asset market dipped by around 50%, eventually taking...
Looming ‘death cross’ may put Bitcoin bull run in danger ahead of Fed meeting
Bitcoin (BTC) wobbled around $40,000 as investors waited for the United States Federal Reserve to release its new set of economic projections on Wednesday. The...
Jack Dorsey notes lobbying efforts to get Ethiopian gov’t to embrace Bitcoin
Twitter CEO and crypto proponent Jack Dorsey has highlighted the efforts of a lobby group pushing the Ethiopian government to embrace Bitcoin (BTC). In a...
New Bitcoin bull market hodlers are refusing to sell at $40K, data suggests
Bitcoin (BTC) investors continue to hodl BTC at $40,000, even if they bought it at lower levels earlier in 2021. In the latest edition of...
Shiba Inu and Chiliz jump 33% and 26% on Coinbase Pro listings
The token prices of Shiba Inu (SHIB) and Chiliz (CHZ) jumped 33% and 26%, respectively, on Wednesday, following the announcement of the pair’s listing on...
Ethereum price bounce to $2.6K fails to excite neutral-to-bearish pro traders
While speaking at the Virtual Fintech Forum in Hong Kong on May 27, Ethereum co-founder Vitalik Buterin commented on obstacles related to the Ethereum 2.0...
Bitcoin price hits $41K, then rejects after sellers defend the 200-MA
The overall mood of the cryptocurrency ecosystem is muted on June 15 with most altcoins trading flat while Bitcoin (BTC) bulls look for a daily...
Gold Price Retreats to Support Ahead of Pivotal FOMC Meeting
Gold Price Forecast: Gold Price Retreats to Support Ahead of Pivotal FOMC Meeting Gold prices ticked lower to start the week as traders anxiously await...
NZD/USD Rate to Face FOMC Rate Decision, NZ GDP Report
New Zealand Dollar Talking Points NZD/USD trades to a fresh monthly low (0.7112) as the Global Dairy Trade’s bi-weekly auction shows another decline in the...
As Yearn.Finance’s yield vaults grow, ‘crop’ projects define boundaries
With millions and even billions of dollars at stake, industrial-scale yield farming is leading to pockets of resistance as some projects refuse to be left...
US Dollar Price Action Setups Pre-FOMC: EUR/USD, GBP/USD, USD/CAD
US Dollar, FOMC Talking Points Tomorrow brings a quarterly FOMC rate decision, meaning updated forecasts and projections are on their way. Judging by moves in...
Crypto’s fraught relationship with Elon Musk: Ambassador or liability?
When Tesla CEO Elon Musk revealed his company’s Bitcoin (BTC) exposure and announced the launch of crypto payments, BTC took off to reach its all-time...