Following a long week of political turmoil, United States (US) President Joe Biden announced on Sunday that he will end his reelection bid and will speak to the nation later this week in more detail about his decision. Throughout the last couple of … [Continue reading]
ALT, WLD, ENA, ID set for $200 million token unlocks next week
The circulating supply of ALT, WLD and ID will see a hike next week, with over $200 million unlocks in sight. All tokens involved in upcoming unlocks are up in the past 24 hours. ALT will see the highest unlock share, with $115 million worth of new … [Continue reading]
Why these altcoins may not rise despite Ethereum ETF impact
Altcoins market cap against Ethereum has been on a multi-year decline. Ethereum has outperformed several altcoins despite wider market assumptions that they provide leveraged exposure to its price. 2x long ETH could yield better results than … [Continue reading]
Institutions anticipate potential Tuesday Ethereum ETF launch after making strategic moves
Grayscale lowered its Ethereum Mini Trust fees to 0.15% in a bid to reduce potential outflows from ETHE when ETH ETFs go live. Galaxy Digital increased its staked Ethereum assets to $3.3 billion after acquiring CryptoManufaktur, reveals CoinDesk. … [Continue reading]
NZD/USD Price Analysis: Pair gave up and lost the 0.6070 vital area
NZD/USD trudges below the 0.6070 level, marking its worst week since January. The pair closed at 0.6010, indicating a weekly loss of approximately 1.80%. NZD/USD remains under the key SMA of 20, 100, and 200 days, pointing to a sustained bearish … [Continue reading]
Australian Dollar tallies weekly losses, RBA hawkish stance to limit the downside
AUD/USD registered a significant drop on Friday, slipping below 0.6700. Employment data continues to shape possible RBA and Federal Reserve decisions. The Aussie’s downside is limited by the hawkish RBA stance which hasn’t shown signs of embracing … [Continue reading]
NZD/JPY Price Analysis: Continues to plunge as sellers reign supreme
Friday's trading session saw the NZD/JPY pair resuming its losses, exacerbating the bearish momentum. Cross ends the week with a near 2% loss. Sellers are pointing towards the 100-day SMA. In Friday's trading session, the NZD/JPY pair extended its … [Continue reading]
Binance to begin investing customer fiat funds in US Treasuries
Binance received a court approval that enables the exchange to invest customer funds in US Treasury bills Crypto community shows enthusiasm towards the announcement of the court approval. BNB is up 5% in the past 24 hours. Binance received court … [Continue reading]
Gold price stumbles beneath $2,400 drops to five-day low
Gold drops to $2,399, down 1.50%, after hitting a high of $2,447. Concerns over China's economic growth and Trump's election prospects boost the Greenback. US Dollar Index rises to 104.34, up 0.18%; US Treasury yields climb, with 10-year note at … [Continue reading]
United Kingdom CFTC GBP NC Net Positions: £132.9K vs £84.7K
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]