South Korea’s National Pension Service has revealed that it has invested in global crypto exchange Coinbase and IT…
USD/JPY Analysis: The Yen Strengthens by Over 2.8% in One Day
According to Reuters, it was announced on Friday that Shigeru Ishiba, known for his tough stance on interest rates, will become Japan’s next Prime Minister. This news caused a sharp intraday reversal in the USD/JPY exchange rate on Friday: while the price initially rose in the morning (as shown by the arrow), it was followed […]
Record September Gives Bitcoin 82% Odds For An Ultra Bullish Q4: Analyst
Crypto analyst Astronomer (@astronomer_zero) posits a strong bullish outlook for Bitcoin in the fourth quarter of 2024. Leveraging historical data, Astronomer provides an analysis via X, suggesting an 82% probability of an ultra bullish trend based on the performance of Bitcoin in September. The crypto analyst opens his analysis with an emphasis on
Alibaba Group (BABA) Share Price Rises Over 30% Since Early September
As shown on the Alibaba Group (BABA) stock chart, the price surpassed $107 on the NYSE on Friday, after trading below $85 at the start of the month. Bullish sentiment surrounding Chinese stocks is driven by the authorities’ plans to stimulate the country’s economy:→ According to Benzinga, China’s Central Bank shared plans last week to [
Fed Chair’s Speech, SUI’s $100 Million Token Unlock, and More
This week promises major action in the crypto market with key events expected to shape investor behavior. All eyes are on the much-anticipated speech from Federal Reserve Chair Jerome Powell, along with a major $100 million token unlock by SUI. […] The post Fed Chair’s Speech, SUI’s $100 Million Token Unlock, and More appeared first […]
Fake Crypto Wallet App on Google Play Drains $70K
A new report by cybersecurity experts at Check Point Research has revealed a crypto wallet draining app that stole over $70,000 from users over five months.
XRP To $1,000? Experts Weigh In On Bold Predictions And Market Realities
A recent tweet from Uphold, a digital currency platform, has sparked a flurry of skepticism and exhilaration within the XRP community. The tweet jokingly implied that “XRP just reached $1,000,” which incited a flurry of speculation regarding the feasibility of such a price point. Although some enthusiasts are supporting the concept, numerous critic
The Quasimodo Pattern: Meaning and Trading Rules
The Quasimodo (QM) pattern is no more difficult than the Head and Shoulders. Still, only a few traders know about it, and some even confuse one with the other. However, this is not a reason to avoid this tool in your forex trading strategy. Read the FXOpen article to discover the definition of the Quasimodo […]
Ethereum Price Trims Gains: Is the Rally Losing Steam?
Ethereum price is correcting gains from the $2,720 resistance. ETH is now trading below $2,650 and might find bids near the $2,600 level. Ethereum started a downside correction from the $2,720 zone. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at […]
Bitcoin Price Corrects Recent Gains: Is a Deeper Dip Coming?
Bitcoin price extended its increase above $66,000. BTC is now correcting gains below $65,500 and might continue to move down toward $64,000. Bitcoin is correcting gains from the $66,500 zone. The price is trading below $65,250 and the 100 hourly Simple moving average. There was a break below a short-term bullish trend line with support […]