Gold price hovers near fresh highs around $2,350 as the US Dollar remains sideways. US yields rally as traders pare Fed rate cut expectations. US inflation could guide market expectations for Fed rate cuts ahead. Gold price (XAU/USD) falls slightly … [Continue reading]
Week Ahead: Crypto market outlook could set to change after stale weekend
Crypto markets are likely to see a spike in volatility this week after a silent weekend. The failed attempts from bulls and bears suggest that BTC could continue to move sideways. The US CPI could induce a short-lived volatility spike if the Fed's … [Continue reading]
Switzerland Unemployment Rate s.a (MoM) rose from previous 2.2% to 2.3% in March
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]
PBoC sets USD/CNY reference rate at 7.0947 vs 7.0949 previous
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]
China Foreign Exchange Reserves (MoM) registered at $3.246T above expectations ($3.21T) in March
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]
AAVE price climbs as founder talks of “fee switch” to redistribute fees to stakers and holders
AAVE founder discussed the redistribution of fees to the asset’s stakers and holders, in a “fee switch” move. The platform’s DAO earns approximately $50 million in net profits annually. The founder announced a temperature check to … [Continue reading]
Astar zkEVM plans mainnet upgrade for April 10, set to boost functionality and performance
Astar, an Ethereum Layer 2 scaling solution announced a mainnet upgrade for April 10. The upgrade is expected to enhance the functionality and performance across the zKyoto testnet and zkEVM mainnet. ASTR price is in a downward trend, … [Continue reading]
Bitcoin halving is less than two weeks away, traders likely to buy the rumor sell the news
Bitcoin is likely to see a repeat of the 2016 halving, selling pressure could pile up to four months later. Three previous Bitcoin halvings were followed by a price rally in the asset, analysts expect the same for the upcoming event. BTC price … [Continue reading]
Genesis spends over $2 billion to acquire Bitcoin to repay customers for GBTC shares
Crypto lender Genesis has purchased 32,041 Bitcoins to repay customers by redeeming Grayscale BTC shares. As per a court filing, the sale of GBTC was completed on April 2. Genesis has purchased Bitcoin at an average price of … [Continue reading]
Ethereum Layer 2 chains see nearly 32 million transactions per week after Dencun upgrade
Ethereum Dencun upgrade resulted in a significant decline in Layer 2 gas costs, driving higher on-chain activity to these protocols. Transactions climbed to nearly 32 million per week on Arbitrum, Optimism and Base. Prices of Layer 2 … [Continue reading]