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: XAU/USD could test key $1,880 resistance if the recovery holds
Share: Gold price looks to build on previous recovery, eyeing key $1,880 resistance. US Dollar softens with bond yields on renewed dovish Federal Reserve expectations. Gold price has some more room to recover before sellers regain control. Gold … [Continue reading]
Bitcoin price losing bullish momentum leaves namesake tokens BCH and BSV facing losses
Share: Bitcoin price has been hovering around the $27,500 mark for the last couple of days. Over the past week, Bitcoin Cash and Bitcoin SV have accrued declines worth 11.6% and 16.13%, respectively. BTC is once again nearing the point of a bearish … [Continue reading]
Silver Price Analysis: XAG/USD recovers after Fed’s Logan words, US yields plunge
Share: XAG/USD rose to $21.85, up by more than 1%. Lorie Logan's dovish words made US yields plunge by more than 2%. Despite lower Treasury yields, the US Dollar holds its ground. On Monday, the Silver Spot price XAG/USD gained momentum, … [Continue reading]
Pound Sterling recovers as risk sentiment revives
Share: Pound Sterling faces a sell-off as the bellicose situation between Israel and Hamas dampens the market mood. UK’s manufacturing and construction activities are going through a vulnerable phase due to higher mortgage rates. BoE Bailey remains … [Continue reading]
EUR/GBP turns vulnerable as Eurozone Sentix Investor Confidence edges down
Share: EUR/GBP declined toward 0.8600 as the ECB’s higher interest rates dented the economic outlook. ECB Lagarde vowed to keep interest rates higher to bring inflation to 2% in a timely manner. BoE Bailey is confident about bringing down inflation … [Continue reading]
Base network’s TVL surges 25% fueled by USDC reminting
Share: Base network's Total Value Locked (TVL) soars by 25.23%, surpassing Ethereum Layer 2 zkSync Era. The growth is primarily driven by the minting of native USDC, which saw a 472% increase. Backed Finance recently issued tokenized ETF bIB01 on … [Continue reading]
PBoC sets USD/CNY reference rate at 7.1789
Share: On Monday, the People’s Bank of China (PBoC) sets the USD/CNY central rate for the trading session ahead at 7.1789, compared with the 7.2945 estimated and 7.1798 on September 28. PBoC injects 20 billion Yuan via 7-day RR, sets rate at 1.8% … [Continue reading]
Aptos price braces for volatility as $23.85 million worth of APT due to flood markets in a cliff unlock
Share: Aptos price could record increased volatility this week, with 4.54 million APT tokens worth $23.85 Million due for unlocks on October 12. Ahead of the previous unlocks on September 12, the price dropped 15% but corrected 7% post-event, thus … [Continue reading]
Galxe, Balancer DNS attacks reveals many crypto enterprises are vulnerable to subdomain/domain hijacking
Share: A security researcher has indicated that many crypto enterprises are vulnerable to subdomain hijacking. The results come after probes into the Balancer incident and the recent attack against Galxe. Cryptocurrency manufacturers must be … [Continue reading]