News
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Dollar Market Unruffled By Weak NFP Report
Tapering Timeline Unflustered By Soft NFP Report Despite a disappointing U.S. Non-Farm Payrolls report released Friday, the US Dollar remained largely unfazed, as the majority of market participants…
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Bitcoin Breaks Above $55K, Here’s What’s Next
Breakout! Bitcoin has finally managed to break key resistance and to print a new significant high above $55,500, successfully surpassing the early-September peak at 53,000. At the time…
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The Catalyst That Can Decide the Tapering Timeline
The U.S. Jobs Data Last week the US Dollar climbed to a 14-month high against the Euro, as market participants estimated that the Fed will raise rates before…
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Fed Will Not Ban Crypto
Bitcoin Gearing Up for Bullish Breakout The world’s most well-known crypto asset – Bitcoin – has gained more than 58% since the year’s low of $27,734 that was…
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Bearish Pressure Builds In The EUR/USD
EUR/USD – Central Bankers’ Meeting, U.S. Inflation Last week was a rollercoaster ride for the US Dollar: on Wednesday it was boosted by the Fed’s announcement that it…
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Bitcoin Is No Joke Despite Naysayers
Bitcoin Enters Twitter, Erases Losses, and Gets Compared to Kenny Throughout history, Bitcoin naysayers called it “dead” hundreds of times. It’s dead because of this, because of that,…
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Safe-Haven Dollar Extends Gains
BoE Uncertainty and Gas Prices Push Pound Lower On Monday the Pound hit a one-month low against the greenback, weighted by rising gas prices in the UK, as…
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PayPal Expands Crypto Services to the U.K.
Earlier in February, PayPal announced that it will allow its U.K. customers to buy, sell and hold cryptocurrencies (Bitcoin, Bitcoin Cash, Ethereum, and Litecoin) via its app. The…
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Tapering by Year-End Still on the Table
Dollar Inches Higher The greenback started the week on a firm footing, boosted by renewed hopes that the Fed will start tapering asset purchases sooner rather than later.…
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Bitcoin Adoption Triggers Flash Crash
El Salvador Adoption Triggers Flash Crash. Bitcoin Still in Limbo After a few weeks of recovery and bullish action, Bitcoin and the entire crypto market went through a…
