Share: LUNA Classic price is currently on a downtrend, having declined by more than 25% in the last month. Terra founder Do Kwon is facing multiple charges in Montenegro, which could imprison the disgraced CEO for up to five years. Montenegrin … [Continue reading]
CFTC-linked self-regulatory organization issues new rules for members handling digital assets
Share: CFTC-linked self-regulatory organization has issued new rules for members engaging in crypto activities. New standards of conduct are well modeled on the agency's antifraud rules for ETFs, swap transactions, and retail foreign … [Continue reading]
Jim Cramer would not do business with Binance, bull news for BNB?
Share: Jim Cramer has said that he would not do business with Binance, way too sketchy Binance CEO and crypto Twitter are elated about the comment Could this bolster the uptrend for BNB, given Cramer's inverse reputation? Jim Cramer, the famous … [Continue reading]
Fed’s Williams: Expects inflation to decline to around 3.25% this year
Share: Federal Reserve Bank of New York President John C. Williams said in prepared remarks at the Housatonic Community College in Connecticut that the economic outlook is uncertain and that their decision will be driven by the data. He expects real … [Continue reading]
Colombia National Jobless Rate meets expectations (12.7%) 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]
GBP/USD to reach 1.26 at year-end – ANZ
Share: GBP/USD remained in a range of 1.19-1.24 in the first quarter of 2023. Economists at ANZ Bank expect the pair to edge higher toward 1.26 by the end of the year. Higher interest rates are expected to be a feature of BoE meetings ahead “While a … [Continue reading]
Gold Futures: Further upside not ruled out
Share: Open interest in gold futures markets rose by nearly 2K contracts after three consecutive daily drops on Thursday according to preliminary readings from CME Group. Volume, instead, shrank for the fourth session in a row, now by around 53.1K … [Continue reading]
IMF’s Salgado: See prospect, potential of more flexibility at long end of curve under BoJ’s YCC policy
Share: International Monetary Fund (IMF) Japan Mission Chief Ranil Salgado said on Friday, “we do see a prospect and the potential of more flexibility a the long end of the curve under the Bank of Japan’s (BOJ) YCC policy.” Additional … [Continue reading]
Gold Price Forecast: XAU/USD bulls run into key resistance
Share: Gold price bulls are in the market and eye the $2,000s. The Federal Reserve´s preferred inflation measure could be a catalyst on Friday. Gold price has been buoyed in part by a weaker US Dollar and expectations for a fall in interest rates. … [Continue reading]
This is why Cardano price might have a bumpy road following a 25% recovery
Share: Over the last two weeks, Cardano price has shot up significantly but is still far away from even establishing new 2023 highs. The improving market conditions for ADA could trigger a sell-off among the holders. The recent rallies from January … [Continue reading]