Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
USD/CHF Price Analysis: Initial resistance level is seen at 0.8910
Share: The USD/CHF starts a new week on a positive note and edges above 0.8900 on Monday. The Relative Strength Index (RSI) stands below 50, indicating the extended downside cannot be ruled out. Initial resistance is seen at 0.8915, the 0.8880 area … [Continue reading]
USD/CAD: Maintain a long position, targeting 1.3700 – Nomura
Share: Analysts at Nomura recommend a long position on the USD/CAD, with a target of 1.3700, enlisting factors that could weigh on the Canadian Dollar (CAD). Key quotes “1. Softer Terms of Trade in Canada: Nomura believes that Canada's terms of … [Continue reading]
Gas tokens, wallet security warns against interacting with strange tokens amid Multichain exploit delirium
Share: Wallet security Revoke.cash urges investors to ignore tokens they don’t recognize. The caution comes amid a new discovery that scammers use gas tokens to steal money when victims revoke the fake approvals. The alert comes amid the infamous … [Continue reading]
Fantom trading volume falls 20% as Multichain hackers leverage FTM tokens in a new attack on Twitter
Share: Multichain hackers have launched another attack, camouflaging as being associated with the Fantom Foundation. The bad actors are using FTM tokens as bait, presented as a phishing link. FTM trading volume has dipped 20% as concerns about the … [Continue reading]
XRP holders want to write letters to Judge Torres, lawyer says no good can come from it
Share: XRP holders have run out of patience as the lawsuit against the SEC continues to stall, call to action to write letters to the judge. Pro-XRP lawyer John Deaton warns against it and says nothing good will come of it. Deaton acknowledges that … [Continue reading]
Bitcoin ETFs are not a winner take all, experts say, as influence on crypto exhausts
Share: Bitcoin price is down to $30,200 amid the dissipating influence of the spot BTC ETF mania on cryptocurrencies. BlackRock CEO Larry Fink recently rooted for Bitcoin as an international asset committed to digitizing gold. As the ETF euphoria’s … [Continue reading]
Solana price up 25%, expert says FUD is driving the rally
Share: Solana price is up 25% in the month, 135% in the year, outperforming the first 100 cryptocurrencies by market capitalization. The performance is striking, considering SOL bears the SEC’s security label that threatens its exchange … [Continue reading]
Ripple price suffers the aftermath of Hinman email failure as the XRP hype train dissipates
Share: Ripple price continues to paint bearish billboards with market capitalization, trading volume, and price in the red. The grin started after the Hinman documents release failed to deliver the expected frothing for the remittance token. … [Continue reading]
Coinbase calls out SEC for ignoring four dispositive points after a rebuttal of exchange’s recent filing
Share: Coinbase CLO has revealed that the SEC finally responded to its June 29 filing on overreaching its jurisdiction. Paul Grewal accuses the financial regulator of ignoring several dispositive points. The two, however, agree on the need for … [Continue reading]