The over-the-counter (OTC) market is a crucial yet often misunderstood part of the financial system. Unlike centralised exchanges, OTC markets offer a decentralised way to trade various securities, from bonds to currencies. This article explores how the OTC market works, its instruments, and the opportunities and risks it presents for traders and i
Euro Retreats from Recent Lows, Pound Plummets After Budget Data Release
In recent trading sessions, European currencies have shown mixed performance. The EUR/USD pair found support just below the 1.0800 level, while GBP/USD plunged below the critical 1.2900 support. Today, investors and market participants are awaiting U.S. labour market data, while next week’s U.S. election adds to the anticipation. This could lead to
FLOKI Price Forecast: Consolidation & Breakout Patterns to Watch
Floki, the meme-inspired cryptocurrency named after Elon Musk’s Shiba Inu dog, is again showcasing unique price patterns marked…
Paxos Ups Its Stablecoin Bet: Launches MAS-Compliant USDG
Paxos has expanded its stablecoin offerings with the launch of Global Dollar (USDG), a US dollar-backed stablecoin that aligns with Singapore’s upcoming stablecoin regulations. The company claims that this stablecoin is “designed to support the needs of regulated institutions.” A Regulatory-Compliant Stablecoin Announced today (Friday), Paxos’ Sing
Bitfarms inks another 10,000 Bitcoin miner hosting agreement with Stronghold
The Bitcoin data center firm is deploying an additional 10,000 miners to Stronghold’s Scrubgrass site.
‘OG’ Bitcoin Supporter Says Crypto Will Surpass Gold And Oil – Details
An OG Bitcoin advocate made a bold forecast that demand for Bitcoin will increase rapidly in the near future, bolstering the estimates of some crypto experts that BTC is on a trajectory to hit the six-figure level. OG, short for “original gangster” or “original gangsta,” is a slang expression for someone who is exceptional, unique, […]
Long-Term Bitcoin Holders Aren’t Showing Sings Of Greed – Metrics Reveal A Bullish NUPL
Bitcoin is on the verge of breaking its all-time high, and investors feel the euphoria as BTC approaches a pivotal point. Market anticipation is building, with many expecting a strong surge once BTC enters price discovery and moves into uncharted territory. Critical data from Glassnode reveals an interesting sentiment among long-term holders: despi
Mc Pitbull (MCPB) Launches Black Friday Bonuses During Cryptocurrency Presale
Sheridan, Wyoming, USA, November 1st, 2024, Chainwire Mc Pitbull (MCPB), a new entrant in the cryptocurrency meme coin sector, combines digital assets with internet meme culture, introducing concepts like MEMconomy and MEMketing to create a meme-centric digital ecosystem. The MCPB token presale offers early access to the coin ahead of its planned a
Ethereum Blobs Are ‘Insanely Bullish” For ETH Price: Breakthrough Research
Tim Robinson, Head of Crypto Research at BlueYard Capital, has unveiled groundbreaking simulations indicating that Ethereum’s implementation of “blobs” could be exceptionally bullish for the long-term price of ETH. In a series of posts on X, Robinson highlighted how blobs could revolutionize Ethereum’s scalability and economic dynamics. “Many peopl