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]
Gold Price Forecast: Overbought conditions could threaten XAU/USD bulls amid light trading
Gold price holds at nine-month highs near $1,930 amid a strong start to the week. US Dollar falls further on hopes of slower Federal Reserve rates hikes, USD/JPY drop. United States holiday could prompt high volatility amid thin liquidity. Gold … [Continue reading]
EUR/USD juggles below 1.0850 as focus shifts to US PPI and Retail Sales data
EUR/USD is oscillating below 1.0850 amid a holiday in the United States market. The US Dollar Index (DXY) is looking to drop below the immediate support of 101.75 amid an upbeat market mood. The release of the US PPI and Retail Sales will provide … [Continue reading]
NZD/USD bulls in play with eyes on 0.6480
NZD/USD near-term risks are balanced fundamentally. NZD/USD W-formation is bullish towards 0.6480 as a probable scenario for the days ahead to meet prior highs and a -61.8% ratio. NZD/USD ended last week a touch soft and remains on … [Continue reading]
Ethereum short traders could profit on one condition ahead of ETH Shanghai upgrade
Ethereum price yielded nearly 20% gains over the past week, resulting in massive liquidation of ETH shorts. Ahead of the Shanghai upgrade, dropping Ethereum trade volume could push ETH price lower. Experts believe Ethereum bulls are close … [Continue reading]
AVAX price rally comes to a grinding halt despite Amazon partnership and addition of USP stablecoin
AVAX price rally came to a halt after yielding double-digit gains over the past week, between January 8 to 15, 2023. The smart contract platform has officially confirmed that it will support the stablecoin Platypus stablecoin USP. Amazon Web … [Continue reading]
Twitter’s plan for crypto integration remains unknown, community explores Dogecoin Tip Jar for social media
Twitter is working on the integration of crypto payments after Elon Musk’s filing for the microblogging platform to become a financial services company. While Dogecoin’s community awaits Twitter’s next steps, a DOGE influencer designed a tip … [Continue reading]
Bitcoin price wipes out losses from FTX exchange collapse, hits $21,095 after two months
Bitcoin price shrugged off losses from the collapse of Samuel Bankman-Fried’s FTX exchange. BTC hit a 24-hour high of $21,095 and experts affirm that the Bitcoin bottom is in. Traders watch $18,000 for pullback in BTC, analysts term … [Continue reading]
Cardano price rallies with IOG update that allows sidechains to be built on the ADA blockchain
Cardano’s developer Input Output Global launched the first iteration of its toolkit for developers to build sidechains on the ADA blockchain. IOG’s toolkit allows developers to leverage Cardano blockchain’s security and infrastructure and build … [Continue reading]
Ethereum competitor Solana explodes with 30% overnight gains, here’s why
Ethereum started its resurgence in 2023, while competitor Solana kicked off the weekend with 30% overnight gains. Solana Mobile announced the pre-order and mint of Saga Pass, a rewards program for users. Solana Mobile’s team revealed that the … [Continue reading]