News
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Bitcoin’s Political Power Play: The Trump Alliance
BTC/USD Hits $70K, Faces Critical Support at $63,600 Former President Donald Trump is going “all-in” on cryptocurrency, promising to make the U.S. a “Bitcoin superpower” if re-elected. Speaking…
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Dollar Dynamics Ahead of Key NFP Release and Fed Meeting
EUR/USD Eyes Support as Dollar Bulls Gain Momentum Last week’s main story was the release of the U.S. Personal Consumption Expenditures Index (PCE), which showed that inflation increased…
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The Debut Week of Ether ETFs: What the Numbers Tell Us So Far
Bitcoin Struggles to Break Free. The Descending Channel in Play Once More Amidst a lively crypto market, all eyes are on the debut of Ether ETFs in the…
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Biden Steps Down, Dollar Unfazed Ahead of Key PCE Data
EUR/USD Triple Top Invalidated as RSI Nears Overbought Big news over the weekend, as President Joe Biden decided to step out of the election race, endorsing the current…
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Bitcoin Bulls Flex Their Muscles Despite Social Buzz Dip
Bitcoin’s Descending Channel Is Still Doing Its Job. Upper Barrier Next? Bitcoin ETFs are still the talk of the town and they continue to attract massive investments. BlackRock’s…
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CPI Drops. Can the Fed Declare Victory Over Inflation?
Triple Top Formation and RSI Signal EUR/USD Reversal Inflation is on track to drop to acceptable levels in the U.S., as shown by last week’s Consumer Price Index…
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Action on Spot Bitcoin ETFs Ramps Up as Net Inflows Surge
Bitcoin Shows Another False Break. Top Of The Channel Next? For the fifth consecutive day, U.S. spot Bitcoin exchange-traded funds (ETFs) saw positive net inflows, totaling more than…
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Rate Cut Chances Rise Amid Jobs Slowdown, CPI on the Horizon
EUR/USD Approaches Key Resistance with Triple Top in Play The latest US jobs report revealed a surprising increase in Non-Farm Payrolls, rising to 206K against the anticipated 190K.…
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Bitcoin’s Four-Month Low: What’s Happening?
The Mt. Gox Snowball Is Rolling Downhill Bitcoin took a nosedive this week, hitting its lowest point in four months. The price dropped over 12% for the week,…
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Key Economic Data and NFP Set to Shape Market Outlook
EUR/USD: Anticipating Breakout with Packed Economic Calendar Inflation remained unchanged in May as shown by the Core PCE Price Index, which printed a flat reading of 0.1%, meeting…
