Share: A US federal appeals court reopened a lawsuit where investors allege that Binance violated US securities laws. According to the appeals court, investors could pursue claims on their purchases from the year before the lawsuit. The … [Continue reading]
Bitcoin Price Outlook: Will BTC reclaim $70K despite Coinbase exchange being crash-prone?
Share: Bitcoin price tagged the $70K milestone on Coinbase, among other exchanges before a quick retraction. Coinbase exchange crashed for the third time as BTC skyrocketed to new highs. Community members call out the trading platform, citing … [Continue reading]
China Producer Price Index (YoY) came in at -2.7%, below expectations (-2.5%) in February
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]
Bitcoin price struggles to reclaim $70K as community deems Coinbase an impediment
Share: Bitcoin price tagged the $70K milestone on Coinbase, among other exchanges before a quick retraction. Coinbase exchange crashed for the third time as BTC skyrocketed to new highs. Community members call out the trading platform, citing … [Continue reading]
EUR/USD waffles after Friday surge, mixed US NFP drags on markets sentiment
Share: EUR/USD spiked after the US NFP print, but mixed numbers confounded markets. US NFP showed more jobs added, but steep revisions crimp risk appetite. Next week: US and EU CPI inflation on Tuesday. EUR/USD found some room on the top end on … [Continue reading]
Brent Oil to hover within a $80.00 to $90.00 range this year– MUFG
Share: After a lacklustre start to the year, Oil prices are starting to come to life. Economists at MUFG Bank analyze Brent’s outlook. Oil bulls are quietly winning the narrative Oil bulls are quietly winning the narrative as prices are working … [Continue reading]
Injective Price Forecast: Nearing a breakout towards $55
Share: Injective price edges closer to a breakout as it trades around $43. The short-term target for INJ bulls would be $51, but $55 could be reached soon. A twelve-hour candlestick close below $34.15 would invalidate the bullish thesis. Injective … [Continue reading]
Australian Dollar appreciates on higher ASX 200, US Dollar remains flat ahead of US NFP
Share: Australian Dollar consolidates with a positive bias ahead of US Nonfarm Payrolls. Australia’s S&P/ASX 200 Index rose to new record highs, following a tech-led rally on Wall Street overnight. Fed Chair Powell reiterated that the central … [Continue reading]
ANKR price soars 40% over reports of Ankr execs to attend NVIDIA GTC 2024 Conference, AI narrative still on
Share: ANKR price recorded an intra-day high of $0.0569 on Thursday amid AI conference-related news. Ankr CEO and CTO will attend the NVIDIA GTC 2024 conference in Silicon Valley in March. With the Conference still ten days out, AI wave is not yet … [Continue reading]
Dow Jones Industrial Average Forecast: DJIA gains further ground as Fed’s Powell hits familiar beats
Share: Dow Jones gains, but thinly in easy Thursday trading. Fed’s Powell repeat appearance delivers little of note to investors. Market focus pivots to Friday’s US NFP jobs report. The Dow Jones Industrial Average (DJIA) rose a little over a … [Continue reading]