Share: Ethereum unleashed a groundbreaking innovation based on NFT inscriptions. Bitcoin also has its own inscriptions that let users attach content to individual satoshis on the BTC network. Ethscriptions debuted with 10,000 Ethereum punk … [Continue reading]
Binance.US victory against the SEC makes XRP holders visualize a win of their own
Share: Binance.US prevailed against the SEC’s application for a TRO when Judge Jackson consented to continued operations in the US. The victory has kept XRP holders’ eyes peeled as chatter over an imminent ruling continues. Crypto fund manager … [Continue reading]
Breaking: Binance to continue US operations
Share: Binance Exchange has received permission to continue operating in the United States. The approval comes after Judge Jackson gave a consent order in a June 17 filing. The crypto exchange’s operations will run as usual, as it continues to … [Continue reading]
Fantom price rises by 15%, but investors still await a rally to May highs for this reason
Share: Fantom price observed a relatively quicker recovery in comparison to other altcoins trading at $0.27. FTM investors are facing a demand wall at $0.43 breaching, which would turn 1.08 billion FTM profitable again. This would reinvigorate … [Continue reading]
LINK whales activity jumps by 1000% as selling plagues network after Chainlink price hit two-year lows
Share: Chainlink price is currently trading at $5.2, last visited by the altcoin in July 2020. LINK whale transaction volume rose to $300 million, far higher than the average of $24 million. Most of the large wallet holders moved to sell along with … [Continue reading]
BlackRock Bitcoin ETF application, making a case for SEC approval
Share: BlackRock has revealed a new strategy that could bolster its Bitcoin ETF application. The move involves collaborating with Nasdaq for a surveillance-sharing agreement with an operator of a spot trading platform for Bitcoin. The asset manager … [Continue reading]
Gold, the Chart of the Week: XAU/USD is coiled and breakout eyed
Share: Gold is under pressure while below the daily trendline but bulls eye a break higher. Bears eye $1,930s to open risks of a bearish extension. Gold prices rose for a third-straight session posting a minor gain on Friday although we are at a … [Continue reading]
USD/JPY Price Analysis: Breaks to new YTD highs on USD strength, rising wedge in focus
Share: USD/JPY surges to a YTD high of 141.91, though failure to surpass 142.00 could trigger a sell-off. The rising wedge pattern sparks uncertainty as USD/JPY nears key resistance. Japanese FX intervention may influence future USD/JPY direction. … [Continue reading]
NZD/USD flat on Friday, clinging weekly gains
Share: NZD/USD traded neutral at the 0.6230 area on Friday but set a 1.70% weekly gain. Hawkish Fed speakers and upbeat UoM data gave the USD momentum. Rising US bond yields limited the Greenback's traction. The NZD/USD traded stable at the 0.6210 … [Continue reading]
EUR/USD Price Analysis: Bulls run into resistance, bears eye trendline resistance
Share: EUR/USD bulls eye higher highs but a correction could be on the cards. Bears eye a correction to test trendline support. The euro surged into the 1.0970 mark vs. the US Dollar on Friday, reaching its strongest level since May, … [Continue reading]