Share: Solana network witnessed a spike in decentralized exchange volume, over the past week. The Ethereum-killer network lags behind its competitors in terms of daily activity, however DEXes have noted a spike. SOL price yielded nearly … [Continue reading]
Bitcoin and Ethereum rolling correlation declined below 80% first time in 18 months, what this means
Share: Bitcoin and Ethereum 30-day rolling correlation declined to 78%, for the first time in 18 months. Bitcoin is outperforming other cryptocurrencies amidst the banking turmoil and changing macroeconomic outlook. Ether and other … [Continue reading]
Ethereum blockchain hits roadblock in finalizing blocks, ETH price continues recovery
Share: The Ethereum blockchain struggled with finalizing blocks, sparking major security concerns among ETH holders. The blockchain faced the same challenge on Thursday and clients have started releasing patches to fix the network’s … [Continue reading]
SEC Republican leader urges the US to use Europe’ MiCA regulation as a model
Share: US SEC’s Hester Peirce says European Regulation MiCA could serve as a “model” for the US The SEC Commissioner spoke at a Financial Times live event this week. MiCA establishes rules for crypto aimed to ensure that crypto transfers can always … [Continue reading]
Chainlink price begins potential recovery as LINK investors’ perseverance pays off
Share: Chainlink price has increased by more than 4% in the last few hours of May 13. LINK whales have shown immense control despite the drawdown phase, keeping selling to a minimum. There still is a demand wall of 422 million LINK, worth $2.7 … [Continue reading]
Binance exchange’s exit from Canada market could stomp BNB price 5% to mid-January lows
Share: Binance Exchange has announced plans to wind down operations and exit the Canadian marketplace. Exit follows new guidance related to stablecoins and investor limits provided to crypto exchanges, rendering Canada untenable for Binance. The … [Continue reading]
Argentina Consumer Price Index (MoM): 8.4% (April) vs 7.7%
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]
Silver Price Analysis: XAG/USD to reach $26 by year-end – ANZ
Share: Strategists at ANZ Bank discuss Silver's (XAG/USD) outlook. Institutional investors to come back this year “Strong fundamental backdrop and macroeconomic challenges should see institutional investors coming back this year.” “While some … [Continue reading]
Not many convincing reasons to call for GBP underperformance in the near term – ING
Share: BoE offered few reasons to turn bearish on the Pound, in the opinion of economists at ING. EUR/GBP should climb back to 0.9000 in the second half of the year “The BoE retained its flexibility and kept the door open for more rate hikes if … [Continue reading]
IMF’s Srinivasan cites uncertainty over BoJ monetary policy amid rise in inflation
Share: “The IMF warned of "uncertainty" around the direction of Japan's monetary policy, saying a possible shift from ultra-low interest rates could have a significant impact on global financial markets,” said Reuters while sharing comments from … [Continue reading]