News
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Dollar Resumes Uptrend as U.S. Inflation Takes Center Stage
EUR/USD Returns Lower After Timid Attempts to Break Resistance Last week the Fed added 50 bps to the interest rate but Fed Chair Jerome Powell mentioned during the…
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Bitcoin Takes a Nosedive. Key Support Broken
Triple Bottom Shattered. Where Is BTC Headed Next? After a period of sluggish and sideways movement, the apex cryptocurrency is showing signs of increased bearish momentum. The decline…
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Full Week Ahead: BoE and Fed Set to Hike Rates, With Non-farm Payrolls to Top It Off
Dollar on Fire as the Fed Is Getting Ready to Add 50 Bps to the Interest Rate. The US Dollar is on the offensive once again, although last…
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U.S. GDP Dips Considerably. Can It Help Bitcoin’s Recovery?
BTC/USD Fails to Break $40K as the US Dollar Hits Historical Levels As shown by the Gross Domestic Product report released Thursday, the U.S. economy contracted by 1.4%,…
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EUR/USD: 2020 Lows Targeted as Interest Rate Gaps Continue to Widen
Greenback Steps on the Gas Pedal Heading Into April’s Last Trading Week. The clear divergence between the monetary policies of Europe and the U.S. is likely to cause…
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Bitcoin Rally Botched After Powell’s Hawkish Comments
Morgan Stanley Publishes Glowing Bitcoin Report The flagship cryptocurrency reached an intraday high at $42,978 on Thursday but the rally failed soon after Fed Chair Jerome Powell discussed…
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Euro Hawks Disappointed by ECB’s Dovish Tone – The Drop Continues
Support Levels Threatened as EUR/USD Sinks Lower Last week’s ECB Meeting did little to help the bloc’s single currency, as the policymakers decided to scale back the stimulus…
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Cryptocurrency Mass Adoption is One Step Closer
Bitcoin’s Lightning Network Transaction Value Quadruples According to a report released by cryptocurrency analysis company Arcane Research, activity on the Lightning Network has increased considerably over the past…
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Europe and the U.S. Struggle to Overcome Surging Inflation
EUR/USD Dips Lower. Key Support Targeted Inflation has been a major concern lately and is the main reason why the Fed decided to hike the interest rate. On…
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Bitcoin Returns Below $45,000. Recovery Still Very Likely
Bullish Fundamentals: MicroStrategy Buys More Than 4,000 BTC, Shopify and Strike Partner Up The recent break of $45,000 resistance resulted in a quick climb into the next resistance…
