News
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Bank of Russia Raises Rates to 20%, Ruble in Shambles
West Adds More Sanctions, Ruble Collapses to Fresh Lows In an attempt to shield the country from Western sanctions, the Bank of Russia decided to hike the interest…
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War Rages On in Eastern Europe
Bitcoin Erases Losses after a War-Induced Decline The flagship cryptocurrency – Bitcoin – has dipped to a low of $34,324 as a direct consequence of the full-scale military…
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Euro Edges Up as Ukraine Crisis Subsides
Biden And Putin Are Set to Meet… “In Principle” The European bloc’s single currency rallied on Monday as news transpired of a potential Biden – Putin meeting. If…
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Ukraine Legalizes Crypto, Bitcoin Steps Back Into Red Territory
Bulls Fail to Break Resistance, Double Top Warns of More Losses After a beautiful rally that saw Bitcoin climb from roughly $33,000 to $45,000 in just over two…
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Euro Sinks as Ukraine Pressures Rise
Resistance Holds: EUR/USD Back Inside the Diagonal Channel Europe’s single currency had a bumpy ride last week, as geopolitical tension increased and the Russia-Ukraine situation brought more turmoil.…
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Red-Hot U.S. Inflation Sends Stocks Down, Triggers Bitcoin Volatility
Cryptocurrency Bonanza or Just a Flash in the Pan? Bitcoin performed a picture-perfect bounce at $37,500 and is up almost 15% during the last 7 days, but can…
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Forex Markets Driven by Rate Hike Expectations on Both Sides of the Pond
The ECB Makes a Hawkish Turn, Overshadowing a Stellar NFP Report During Thursday’s meeting, the European Central Bank made it crystal clear that some changes are underway, fuelling…
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Bullish Signs Buried Deep Within the Crypto Charts
Bitcoin Makes Timid Advances, Yet Full Recovery Is Still Far Away After hitting this year’s low at $32,950 on January 24, Bitcoin started a decent but feeble recovery.…
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Currency Markets Prepare for a Jam-Packed Week
Volatility Guaranteed: Possible BoE Rate Hike, ECB Press Conference, and U.S. NFP The greenback is flexing its muscles, as the US Dollar Index (DXY) posted a 1.6% upsurge…
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Support Levels Continue to Fail, Bitcoin Enters Ranging Territory
The Crypto Market Is Still Under Pressure, Yet Bitcoin Weekly Chart Hints at Bullish Rally Since early November 2021, the apex cryptocurrency has been sliding lower and lower,…
