Natural Gas Futures: No light at the end of the tunnel so far
CME Group’s flash data for natural gas futures markets showed that on Thursday, traders added around 4.5K contracts to their open interest positions, reaching a total of 1.8 million contracts. This was the highest open interest level since April 2020, when the figure was 1.9 million contracts. The increase in open interest was driven by […]
Top 2000 BSC Whales Now Hold 72M+ XRP Worth $28M
XRP remains a favorite among investors. A recent report revealed that the 2,000 largest whales on the Binance Smart Chain (BSC) network hold a massive 72.8 million XRP tokens valued at $28.4 million. According to figures from WhaleStats, the top 2,000 BSC whales are currently HODLing $28,400,326 worth of XRP tokens. This holding represents 2% […]
The Risks of Not Using a Crypto Wallet to Store Your Cryptocurrency
Introduction Cryptocurrency has become an increasingly popular form of digital currency over the past decade. As more people become interested in investing in cryptocurrency, it is important to understand the risks associated with not using a crypto wallet to store your cryptocurrency. A crypto wallet is a secure digital wallet used to store, send, and […]
USD/CNH faces a tough barrier at the 6.9300 level – UOB
The United Overseas Bank (UOB) Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang have indicated that the US Dollar/Chinese Yuan (USD/CNH) exchange rate is likely to encounter a strong upward barrier at the 6.9300 level in the near future. In their 24-hour view, they noted that the US Dollar had continued to […]
Calm Before the Storm: Is UK’s Financial Watchdog Gearing Up for Enforcement Action?
The past two weeks have seen the United States government cracking down on cryptocurrency firms, with the Securities and Exchange Commission (SEC) taking an increasingly hard stance against those who fail to adhere to their regulations. On the other side of the Atlantic, however, the United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), has […]
Mastering the Art of Discipline in Forex Trading
Mastering the Art of Discipline in Forex Trading Trading in the Forex market is a difficult and challenging endeavor. It requires a great deal of discipline, knowledge, and practice to be successful. As with any endeavor, success in Forex trading requires a commitment to mastering the art of discipline. In this article, we will discuss […]
Crypto Exchanges: The Pros and Cons of Digital Currency Trading
Introduction In the past decade, digital currency has become an increasingly popular form of investment. With the rise of Bitcoin and other cryptocurrencies, the digital currency market has become a viable option for investors looking to diversify their portfolios. Crypto exchanges are platforms that allow users to buy and sell digital currencies. However, there are […]
A Guide to Choosing the Right Stock Market Brokerage
Introduction When it comes to investing in the stock market, having the right broker is essential. A broker can provide access to the markets, offer advice, and help manage your investments. With so many different brokers to choose from, it can be difficult to know which one is best for you. This guide will help […]
European Monetary Union Current Account n.s.a above forecasts (€13.3B) in December: Actual (€28.9B)
The European Monetary Union (EMU) recently announced a current account n.s.a. (not seasonally adjusted) that was above forecasts in December. The actual figure was €28.9 billion, which was significantly higher than the predicted €13.3 billion. The EMU is an economic and monetary union of nineteen member states of the European Union (EU). It was established […]
Optimism (OP) Jumps 11% With New Upgrade in Sight, Here’s What to Expect
Optimism (OP), the Ethereum-based Layer-2 (L2) blockchain protocol, has announced the rescheduling of its Bedrock upgrade vote cycle. The new upgrade will now take place from the 2nd of March to April 5, a wide time span that will give every interested community member the opportunity to participate in the important event. The upgrade is […]