Altcoins such as Aster (ASTER), Decred (DCR), and Kaspa (KAS) are leading the broader cryptocurrency market recovery over the last 24 hours, as Bitcoin (BTC) holds above $70,000 on Monday, up from the $60,000 dip on Thursday. Technically, the … [Continue reading]
Japanese PM Takaichi’s ruling LDP wins snap election by landslide
Japanese Prime Minister Sanae Takaichi’s party, the Liberal Democratic Party (LDP), has won a landslide in Japan’s general election, securing a supermajority in the country’s lower house of parliament, Bloomberg reported on Sunday.The coalition led … [Continue reading]
Ethereum Weekly Price Forecast: Trend Research capitulates, BitMine’s Thomas Lee sees a V-shaped recovery
Ethereum price today: $2,040Ethereum has declined by roughly 40% over the past ten days as major whales capitulate.BitMine's Thomas Lee says ETH could see a V-shaped recovery, adding that the top altcoin has experienced similar declines seven times … [Continue reading]
Why Bitcoin and top cryptos are falling: Bitwise
The crypto market crash since October isn't down to a single factor but a combination of several, according to Bitwise CIO Matt Hougan.In a note to investors on Friday, Hougan outlined six key factors that potentially contributed to the crash that … [Continue reading]
Colombia Consumer Price Index (YoY) meets forecasts (5.35%) in January
Bitcoin edges up above $65,000 at the time of writing on Friday, as dust from the recent macro-triggered sell-off settles. The leading altcoin, Ethereum, hovers above $1,900, but resistance at $2,000 caps the upside. Meanwhile, Ripple has recorded … [Continue reading]
Colombia Consumer Price Index (MoM) in line with forecasts (1.18%) in January
Bitcoin edges up above $65,000 at the time of writing on Friday, as dust from the recent macro-triggered sell-off settles. The leading altcoin, Ethereum, hovers above $1,900, but resistance at $2,000 caps the upside. Meanwhile, Ripple has recorded … [Continue reading]
Colombia Consumer Price Index (MoM) in line with expectations (1.18%) in January
Bitcoin edges up above $65,000 at the time of writing on Friday, as dust from the recent macro-triggered sell-off settles. The leading altcoin, Ethereum, hovers above $1,900, but resistance at $2,000 caps the upside. Meanwhile, Ripple has recorded … [Continue reading]
EUR/USD rebounds as risk-on mood saps Dollar, eyes weekly consolidation
The Euro found some respite on Friday versus its counterpart the Greenback, which enjoyed a short-live rally of just two days, but erased Thursday’s gains on Friday as depicted by the US Dollar Index (DXY). A risk-on impulse weighed on the Dollar’s … [Continue reading]
THB: Temporary weakness expected – OCBC
The Thai Baht (THB) is facing temporary weakness due to election-related uncertainties, softer gold prices, and a firmer USD. OCBC Group Research analysts Sim Moh Siong and Christopher Wong note potential scenarios for the upcoming elections and … [Continue reading]
USD/KRW: Volatility to stay high on flows – MUFG
MUFG notes robust Korean export growth, especially in semiconductors, but says KRW has underperformed on heavy foreign equity outflows and AI-valuation concerns. With the Bank of Korea seen at the end of its easing cycle and KRW volatility elevated, … [Continue reading]