News
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NFP: The Catalyst Behind Bitcoin’s Bounce-Or-Break Scenario?
False Breaks and Low Volatility: How Can Bitcoin Regain Its Shine? It looks like the apex cryptocurrency is at a crossroads, having spent multiple days on the support…
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NFP in Focus: Jobs Data to Shape Upcoming Rate Cut Size
EUR/USD Bulls Take a Breather; Key Support at 1.1000 in Focus The dollar made significant gains last week, bolstered by the PCE Price Index which came out in…
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Trump Doubles Down On Crypto Adoption, Teases More Plans
The Descending Channel Does Its Job Again. But for How Long? Former President Trump is doubling down on his promise to make the U.S. the crypto capital of…
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It’s (Almost) Official: The Fed Is Trimming the Rate
EUR/USD Skyrockets, Breaks 1.1200 for the First Time in 2024 The greenback fell against most of its counterparts after Fed Chair Powell green-lighted the rate cut, indicating that…
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BTC Miner Reserves Surge, Raising Concerns. Price Drop Soon?
BTC/USD Faces Major Hurdle. Is the Bullish Pressure Enough? Bitcoin miners are hoarding coins like squirrels before winter! According to CryptoQuant, miner reserves on over-the-counter (OTC) desks…
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Jackson Hole: Powell to Signal Rate Cut—But By How Much?
EUR/USD Closes Above 1.1000 for the First Time in 2024. Pullbacks Next? U.S. inflation is on the right path as shown by last week’s CPI report that posted…
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Fed’s Rate Cuts May Disappoint. Can Bitcoin Hold Above $57K?
Bitcoin Faces Resistance at the 50-Day MA: Do the Bulls Have Enough Oomph to Break It? The Fed is very likely to trim the rates in September and…
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From Red Monday to Recovery: A Wild Week In The Markets
Market Volatility Post-Red Monday: False Breaks and Next Moves Following Red Monday, markets were in shock and there were even talks of an emergency Fed meeting discussing a…
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Bitcoin Crashes Below $50K. Whales are Coming Out to Feast
The Descending Channel Proves Its Worth Once Again, Sends Bitcoin Higher. Following what many call Red Monday, Bitcoin, Ether, and other cryptocurrencies have been on a bit of…
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NFP Disaster Sparks Fear of Recession. USD on the Ropes
EUR/USD Hits Long-Term Trend Line. Bounce-or-Break Scenario in Play The US Dollar received a big hit from the NFP and accompanying reports, which sent the US Dollar…
