Ethereum price has staged a massive recovery in just three weeks times. ETH has reclaimed two important moving averages in favor of the bulls. With the rejection against a double top and the Fed and BoE set to issue their first rate decision of the … [Continue reading]
Cardano Price Prediction: ADA faces double cap that could trigger meltdown if not broken soon
Cardano price jumped over 40% for the year in just three weeks. ADA price hits a curb as traders brace for the monetary policy to kick off for 2023. Expect to see central banks dampen the mood and halt this rally. Cardano (ADA) price has had a … [Continue reading]
Dogecoin Price Prediction: DOGE is facing the hardest part thus far for 2023
Dogecoin price action takes a step back after 20% gains in two weeks. DOGE gets stuck between vital support and a cap to the upside as the RSI flatlines. The close on Sunday for the week will be vital, but traders need to be aware of things to come … [Continue reading]
Robinhood and NFT project Azuki’s Twitter hacked; 122 NFTs worth 484.99 ETH stolen from the latter
Robinhood and Azuki’s hacked social media channels on Discord posted phishing links. Azuki’s attacker managed to phish about 122 NFTs worth around $778,408, which included 2 Mutant Ape Yacht Club NFTs. The total crypto market cap reclaimed the $1 … [Continue reading]
Is AVAX price preparing for a 23% jump after reclaiming $20?
AVAX price recovered its November 2022 crash losses following the 17% spike in value on Friday. Avalanche will need bullish support in order to sustain this rise and rally toward the next critical resistance level. If the rise in price is countered … [Continue reading]
FTX Bankruptcy: JPMorgan, Goldman Sachs, HSBC banks join the list of distressed creditors
Goldman Sachs has reportedly not filed a claim against FTX but has been included in the creditors' list. Google, Meta, Twitter, Apple and many more major companies are also among FTX's thousands of creditors. FTT price rallied by more than 20% during … [Continue reading]
EUR/USD holds at around 1.0860s as traders brace for the Fed and ECB’s decisions
The US core PCE, the Fed’s preferred gauge for inflation, edges down, sparking speculations for a Fed pivot. Consumer Sentiment improved, while inflation expectations ticked lower. EUR/USD Price Analysis: Upward biased, but short-term neutral, ahead … [Continue reading]
GBP/USD retreats after facing a wall of resistance in 1.2400, slips to 1.2370s
GBP/USD is set to finish Friday with losses of at least 0.20%. United States inflation continues to wane but remains twice elevated of Fed’s target. GBP/USD Price Analysis: To remain sideways ahead of the Fed and BoE monetary policy … [Continue reading]
Singapore: Industrial Production expanded above estimates in December – UOB
Alvin Liew, Economist at UOB Group, reviews the latest Industrial Prodcution results in Singapore. Key Takeaways “Singapore’s industrial production (IP) ended 2022 with a surprise +3.2% m/m SA increase in Dec. Nevertheless, this still translated into … [Continue reading]
USD/CAD sticks to modest intraday gains, lacks follow-through amid bullish oil prices
USD/CAD regains some positive traction on Friday amid a modest pickup in the USD demand. Thursday’s upbeat US macro data fuels hawkish Fed expectations and benefits the greenback. Bullish crude oil prices continue to underpin the Loonie and keep a … [Continue reading]