Bitcoin Holds Near $25K Despite Fall in Non-Zero Balance Addresses – Here’s Where BTC Could Go Next
Bitcoin held close to yearly highs just below $25,000 on Monday, with the world’s largest cryptocurrency by market capitalization higher by about 2.0% on the day after rebounding strongly from a brief dip back under $24,000 earlier in the session. Bitcoin’s rebound from the $21,000s last week and ongoing resilience has surprised many analysts. Many […]
EUR/USD is parked in an inside day range, traders await the next cue
The EUR/USD currency pair has been stuck in a range and is awaiting major data this week. Traders of the Euro and the US Dollar will have both Eurozone and US economic data to potentially kickstart some major moves in EUR/USD. On Monday, the Euro has travelled a small distance between 1.0670 and 1.0704 vs. […]
Philippine Province Looks to Blockchain and Tokenization for Growth
Bataan, the northern peninsula of the Philippine island of Luzon, is leading the way in experimenting with blockchain technology. Dubbed the Community-Based Monitoring System Act (CBMS), it will be the framework for establishing the Philippines’ e-government, backed by nChain. Bataan is best known for the historical movie classic Bataan from 1943, depicting a pitched battle […]
Extended its fall after battling the 0.9300 figure
The USD/CHF currency pair has been subdued in today’s trading session due to a holiday in the United States. At the time of writing, the USD/CHF is trading at 0.9230, below its opening price by 0.12%. The bearish continuation extended today, though it was capped by the 20-day Exponential Moving Average (EMA) at 0.9223. From […]
How To Become A Top Web3 Game Portal?
Conviction for a return to 1.2450 is low – SocGen
The British Pound (GBP) has recovered from below the 200-Day Moving Average (200-DMA) against the US Dollar (USD) at 1.1938. However, economists at Société Générale are of the opinion that the GBP/USD pair is unlikely to see a sustainable rise anytime soon. This is due to the widening of the Federal Reserve (Fed) and Bank […]
The First Major Swap? Ordinal Punk Traded for a CryptoPunk With Over $100K Floor Price
The buzz around Ordinals, or Bitcoin NFTs, has been increasing in recent times. NFTs are digital assets inscribed on a blockchain, and Ordinals are a protocol that allows users to inscribe on the Bitcoin network. One of the most popular collections is that of the Ordinal Punks, which is made of 100 punks with the […]
XAG/USD fails ahead of $22.00 mark, 100-day SMA support breakpoint
Silver prices are struggling to capitalize on their modest intraday gains to the $22.00 neighbourhood as the recent breakdown through key technical levels supports the prospects for further losses. For silver to negate the bearish outlook, a sustained move above the $22.55-$22.60 area is needed. On Friday, silver prices bounced from the $21.20-$21.15 area, or […]
Biden says he is visiting Ukraine to mark one-year anniversary of Russian invasion
On Monday, President Joe Biden made an unannounced visit to Kyiv, Ukraine, to meet with President Volodymyr Zelenskyy. This visit was a gesture of solidarity that came days before the one-year anniversary of Russia’s invasion of the country. During the visit, Biden delivered remarks and met with Zelensky at Mariinsky Palace to announce an additional […]
USD/CAD slides closer to mid-1.3400s amid rebounding oil prices, downside seems cushioned
The USD/CAD pair came under some selling pressure on Monday, extending Friday’s retracement slide. Rebounding Oil prices underpinned the Loonie and exerted pressure amid subdued USD price action. Recession fears and hawkish Fed expectations could limit the USD losses and lend support to the pair. Spot prices retreated further from the highest level since January […]