US Dollar Index (DXY) drops for second straight week. Softer-than-expected US CPI-fuels rate cut bets for September. Retail Sales, FedSpeak emerge as salient events next week. The corrective decline broke below the 200-day SMA The selling pressure … [Continue reading]
New Zealand Business NZ PSI down to 40.2 in June from previous 43
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]
Trump Assassination Attempt: Gold, stocks set to decline on Republican sweep speculation
Donald Trump has survived a shocking assassination attempt over the weekend. The former president's odds of winning increase amid sympathy and his defiance. Markets may react with a risk-off reaction on fears of higher rates as a … [Continue reading]
Ripple holds on to double-digit gains, highest in top 20 cryptocurrencies
Ripple rallied over 19% in the past seven days per CoinGecko data, as XRP broke past the $0.50 psychological barrier. The altcoin broke past resistance at $0.50 on the one-year anniversary of Judge Analisa Torres’ XRP ruling. XRP trades … [Continue reading]
Bitcoin breaks $60,000 as market anticipates re-election of pro-crypto former President Trump
Bitcoin trades above $60,000 on Sunday as market participants rally in support of former President Donald Trump. The US Presidential candidate made headlines after being shot at a rally, the event garnered the support of the crypto … [Continue reading]
XRP Army celebrates first anniversary of Judge Torres ruling, XRP rallies 10%
XRP traders and proponents are celebrating the first anniversary of Judge Torres' ruling that served as a partial win for Ripple. Judge Analisa Torres ruled that XRP is a non-security in secondary market or exchange transactions, on July 13, … [Continue reading]
Ethereum ETF launch could push Ether to new all-time high, on one condition
Ethereum analyst from venture capital firm says Spot Ethereum approval could come as early as this week, placing odds at 72.7%. A crypto analyst predicts 200% gains in Ether price, post the anticipated approval of the Spot ETF by the Securities … [Continue reading]
Bitcoin bottom closer as German government runs out of BTC to sell, ETFs see highest inflow in five weeks
Bitcoin recovers from selling pressure as the German government runs out of BTC to sell. Spot Bitcoin ETFs recorded $310 million in inflows on July 12, led by BlackRock and Fidelity. BTC trades above $58,000 on Saturday, sustaining gains … [Continue reading]
Key insights from Ethereum’s performance in current bull cycle
Ethereum's price has followed a divergent pattern in the first 365 days after a Bitcoin halving event. Over 90% of ETH's supply has been in profit since January. Ethereum investors are slowly displaying confidence again with ETH ETFs on horizon. … [Continue reading]
ARB, OP, WLD, STRK set for $173 million token unlock next week
ARB, OP, WLD, and STRK are among tokens set for a combined $173.56 million unlock event next week. The unlocking of ARB, WLD and STRK tokens may spark further retracement in their prices, which are currently on a downtrend. ENA and 1INCH will … [Continue reading]