News
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The Dollar’s Path Through the Final Trading Week of 2023
Charting the Course: EUR/USD and the Battle at 1.1000 The greenback was on the retreat last week, with the Dollar Index (DXY) finishing at 101.70, which is the…
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Argentina Officially Embraces Bitcoin for Contractual Use
Breaking $45,000: Just a Tall Order or Impossible Ask? Argentina has made a ground-breaking move by officially approving the use of Bitcoin in contractual agreements. This marks a…
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Fed’s Dovish Pivot Weighs on Dollar. PCE Data Ahead
EUR/USD’s Bearish Signal: The Double Top. The greenback took a heavy hit last week, following the last Fed meeting of 2023, which brought new dovish insights into the…
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Fed Pivot Boosts Bitcoin: End of Rate Hikes
Bitcoin’s Price Dynamics Post-Fed Shift. Bitcoin’s flash crash seen on Monday was almost completely erased as soon as the Fed announced the end of the rate hike cycle…
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Year-End Focus: Fed & ECB’s Last 2023 Rates
EUR/USD Technical Analysis: Key Levels and RSI Dynamics. It looks like the United States economy cannot be stopped by the Fed’s tight monetary policy, as evidenced by Friday’s…
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Panic Buying Defies Overbought Levels, Sends BTC Close to 45K
BTC/USD Bulls Cautious Ahead of Critical Non-Farm Payrolls Report. After a massive surge that saw Bitcoin rise as high as $44,490, the market started to cool off,…
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Powell’s Remarks Shake the USD. Is the Rate Hike Cycle Over?
EUR/USD in Pullback Mode Ahead of Non-Farm Payrolls. The dollar had a rocky Friday as market participants tried to digest Fed Chair Powell’s remarks made in a speech…
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Bitcoin’s Rocky Ascent: Nearing $40K High
RSI Warning Signs: Long Time Bearish Divergence at Play. On Wednesday, Bitcoin reached its new yearly high, changing hands at $38,457. We could say that $40K is within…
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No Rate Cuts on the Horizon: Will PCE Data Shift the Course?
Technical Analysis: EUR/USD’s Trend Line and RSI Dynamics. Last week, members of the Federal Reserve indicated a reluctance to reduce interest rates soon, especially with inflation exceeding their…
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Binance’s Historic $4.3B Settlement Shakes the Crypto World
CZ Steps Down Amidst Record Penalty. BNB Retreats from Lows. Binance has reached a settlement of $4.3 billion for breaching sanctions and laws related to money transmission, marking…
