Share: NFT trading marketplace LooksRare announced the adjustment of its token’s economics. Based on the new token economic adjustment, 50% of the platform fees will be used to repurchase LOOKS from the market. LOOKS price currently trades at … [Continue reading]
This altcoin nears the end of its five-month downtrend and could rally 40% soon
Share: Radiant Capital price is trading inside a falling wedge pattern. This technical setup has triggered a breakout, and RDNT could rally soon. A daily candlestick close below the $0.203 support level would invalidate the bullish thesis. … [Continue reading]
Chainlink whales continue their accumulation spree after LINK’s 40% rally, why?
Share: LINK price has inflated by 40% in the under three weeks and shows no signs of stopping. Chainlink whales holding 10,000 to 1,000,000 LINK continue to scoop LINK tokens. The oracle token could see a potential drawdown if holders decide to … [Continue reading]
Fidelity and WisdomTree spot Bitcoin ETF decision likely confirmed to be delayed: Bloomberg analyst
Share: The spot Bitcoin ETF decision week continues to disappoint investors as Fidelity and WisdomTree’s approval will be delayed. The SEC is holding out its stand against spot BTC ETFs despite the stern letter from US House FSC directing them to … [Continue reading]
China Non-Manufacturing PMI came in at 51.7, above expectations (51.5) in August
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]
AUD/USD slumps to 0.6430 as US Dollar rebounds, US Gov shutdown on the cards
Share: The AUD/USD has walked back all of the day's gains in Friday trading as the DXY sees resurgence. Friday sees the Aussie down over 1% against the Greenback. A looming US government shutdown is seeing markets balk as investors clam up and … [Continue reading]
Canadian Dollar fumbles as Oil recedes, Canadian GDP misses the mark
Share: Canadian Dollar back into recent lows as Crude Oil prices tumble on Friday. Canadian GDP missed market expectations, economic growth came in flat. USD/CAD etches in a new high for the week as CAD slips, US Dollar recovers. The Canadian … [Continue reading]
Natural Gas dips ahead of the last US trading session for this week
Share: Natural Gas broke above $3 in early Friday trading, turns red near the US opening session. The US Dollar trades in the green for this week, though sees its weekly gains being erased as this Friday continous. US Natural Gas prices could … [Continue reading]
Pound Sterling recovers swiftly as risk appetite of investors improve
Share: Pound Sterling finds buying interest while UK recession risks remain intact. UK Manufacturing PMI is expected to contract for the 14th time in a row. UK’s real estate inquiries increase as households see no more increase in mortgage rates. … [Continue reading]
Gold Price Forecast: XAU/USD snaps a losing streak around $1,870 , focus on US Core PCE
Share: Gold price attempt to recover from the recent losses after moderate US data. The pullback in US Treasury yields put pressure on the US Dollar. US Core PCE is due on Friday, expected to reduce from 4.2% to 3.9%. Gold price snaps a four-day … [Continue reading]