Share: Ethereum Holesky test network launch was slated for September 16, marking the first anniversary of The Merge. However, the launch has been delayed, with the network citing “mismatching parameters.” The launch will still happen, making it the … [Continue reading]
BlackRock rumors of shifted focus from Bitcoin to XRP fails to deflate BTC Spot ETF flare
Share: Rumors of BlackRock pivoting its digital currency strategy from Bitcoin to XRP caught fire on social media platform X. It sprouts from speculation about the asset manager reassessing its digital asset strategy through portfolio … [Continue reading]
Best period to invest in altcoins is 6-10 months prior to the Bitcoin halving, that’s now; analyst says
Share: Michaël van de Poppe says it is crucial for altcoins to start moving in this period. According to the value-based investing and trading expert, the current jump in altcoins is attributed to VCs pumping. He holds that getting the funding … [Continue reading]
Crypto wallet owned by Mark Cuban suspected to be hacked; ETH, MATIC and more drained in minutes
Share: Investor Mark Cuban’s crypto wallet was drained of all assets amounting to $800,000 in the span of five minutes. The transfer could also be a move by Cuban himself, although lack of activity in nearly eight months raised suspicion. Reports … [Continue reading]
Binance CEO clears FUD regarding Binance.US CEO Brian Shroders’s exit, calls it a “deserved break”
Share: Binance founder Changpeng Zhao discredited Shroder’s resignation FUD, stating he accomplished the goals he set out for two years ago. CZ added that the crypto market is now rapidly evolving, and the regulatory environment is getting … [Continue reading]
AUD/USD retreats amid resilient US economy as the soft landing scenario gains traction
Share: AUD/USD drops to 0.632, down 0.12%, reversing earlier gains spurred by positive economic data from China, Australia’s largest trade partner. US manufacturing and industrial data beat expectations, raising the odds for a soft landing by the … [Continue reading]
Colombia Industrial output (YoY) came in at -7.2%, below expectations (-4.5%) in July
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]
EUR/USD: Breach of the end of May low at 1.0635 opens the door to a test of 1.0500 – MUFG
Share: The Euro has continued to weaken after Thursday’s ECB policy meeting. Economists at MUFG Bank analyze the shared currency outlook. Dovish ECB update weighs on EUR The break below the low from the end of May at 1.0635 opens the door to a test … [Continue reading]
EUR/USD: Next on the downside emerges 1.0635 – UOB
Share: A deeper drop could drag EUR/USD to the 1.0515 zone in the next few weeks, note UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Key Quotes 24-hour view: The sharp selloff that sent EUR plunging to a 6-month low … [Continue reading]
GBP/USD treads waters above 1.2400, focus on US Consumer Sentiment Index
Share: GBP/USD hovers above 1.2400 ahead of US consumer confidence data. US Dollar is embracing the US economic data released on Thursday. UK's economy is contending with the BoE's hawkish stance in the midst of a deteriorating demand climate. … [Continue reading]