Share: Poloniex investor Justin Sun published an on-chain message that was seemingly addressed to the hacker. Sun mentioned that he knows the exploiter’s identity and that the authorities from China, the US and Russia have been informed. Sun … [Continue reading]
Optimism Price Forecast: OP to correct 15% as sell signs multiply
Share: Optimism price struggles below the $1.86 and $1.80 resistance levels. If OP produces a lower high below $1.86, it could signal the start of a downtrend. Such a development could trigger a 15% pullback. Invalidation of the bearish … [Continue reading]
Yearn Finance crashes 40% in five hours, as altcoins lose footing
Share: Yearn Finance price faces an immense sell-off, knocking the YFI token down by 40%. Profit-taking in altcoins is likely going to trigger double-digit losses for many altcoins. Bitcoin price continues to move sideways around the $36,000 region … [Continue reading]
If Dogecoin price continues on its path, DOGE could kickstart 110% rally
Share: Dogecoin price has breached a declining weekly trend line, signaling a bullish resurgence. Clearing the weekly MRI resistance level at $0.0814 opens the path for DOGE to trigger a 100% move. A breakdown of the $0.0574 support level … [Continue reading]
Franklin Templeton spot Bitcoin product delayed as Fidelity joins BlackRock and Grayscale in Ethereum ETF race
Share: The US SEC has delayed Franklin Templeton’s spot BTC ETF, adding to the list of shattered hopes this week. Along with it, the eight-day window has closes, setting the next calendar date of interest as January 10. Fidelity has also filed for … [Continue reading]
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC unfazed as the SEC engages exchanges for spot ETFs
Share: Bitcoin price remains under the $36,500 level as the absence of momentum leaves BTC susceptible to a slump. Ethereum price risks at least 5% slump to the $1,864 level if it loses critical support at $1,935. Ripple price risks a 10% drop to … [Continue reading]
AUD/JPY Price Analysis: Friday’s bullish close looking for a rebound into 98.00
Share: The AUD/JPY saw a late break higher in Friday's broad-market sentiment recovery. The Aussie is catching a bounce from the 200-hour SMA and a rising trendline. The technicals are leaning bullish with more upside on the cards, but headwinds … [Continue reading]
US Dollar closes its worst week since July as investors bet on a dovish Fed
Share: The DXY Index stands at 103.90, seeing losses of around 0.40% and tallying a 1.60% weekly decline. Investors continue to digest the data reported throughout the week. The combo of cooling inflation and the labor market points to the Fed not … [Continue reading]
New Zealand Dollar continues climbing against US Dollar
Share: The New Zealand Dollar trades higher against the US Dollar but lower versus the Yen on Friday. The Kiwi is supported by a relatively benign outlook for inflation amongst most counterparts. NZD/USD establishes a floor and rebounds, … [Continue reading]
Oil: Saudi Arabia will extend its production cuts into 2024 if they want prices to remain above $80 – ANZ
Share: Oil prices are likely to settle around $80/bbl, strategists at ANZ Bank report. Saudi Arabia may extend cuts as Oil market tightness eases Tightness in the Oil market has eased as growth in non-OPEC supply has more than offset strong demand. … [Continue reading]