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Bitcoin’s struggled to overcome the immediate resistance mark (around $21,000) still sees new dates. The bellwether crypto made some trials to overcome the hurdle at $21,650 but couldn’t succeed. Nevertheless, there could be more pain for the token in the upcoming sessions or days. Pain & Suffering The worry about pain does not end within … Read more
EUR/USD plunged to a 2-decade low over the week, exploring the 0.99 lows. Higher energy costs weaken the common currency. Any rebound could be a bear rally unless the market reclaims the 1.05 mark. The USD remained elevated against the euro, with the EUR-USD exchange rate plummeting to 2-decade lows. The pair explored the lows … Read more
Briefly – BT share price hiked today after the government concluded its Drahi review. Patrick Drahi remained the leading stakeholder in the firm. The stock has printed a triple-top setup on the 24hr chart. BT Group’s share saw its price gaining over 2% today as market participants responded to the recent updates about Patrick Drahi’s … Read more
Cardano (ADA) experienced a FUND-filled and challenging week recently. The alternative token kick-started uptrends following weeks of restricted performance. Nevertheless, the FUD surrounding the bug discovered on the testnet weighed massively on ADA, plush bearish markets over the previous week. The mentioned factors saw ADA losing approximately 25% within seven days. Though FUD emerged for … Read more
Briefly USD/CAD price rose ahead of upcoming Canada inflation stats. Financial experts expect the nation’s inflation declines in July. USD/CAD will next react to upcoming FOMC minutes. The USD-CAD price climbed to the highest market since 8 August. The surge comes as markets await the upcoming Canada consumer inflation numbers and FOMC minutes. The pair … Read more
The week has Dow Jones adding 2.92%, Nasdaq +3.8, and S&P 500 +3/25%. Data showed the US CPI was less than expected in July. Market players anticipate less hawkishness from Fed. Wall Street’s three primary indexes surged over the past week as signals that inflation could have peaked last month amplified investor confidence about an … Read more
Monero saw an impressive performance within the past few sessions, surging more than 6% within the past day. The altcoin has attracted marketplaces as it climbed to $168 before cooling. Nevertheless, the surge had analysts predicting solid runs for XMR as it performed in July. Meanwhile, Monero has had multiple proposals, targeting moves to migrate … Read more
The crypto landscape could be changing. And this might be the lucrative moment to start placing your bets. If you are planning to join the wave for profitable undertakings, you might have to understand the growth potential of assets like Uniglo (GLO), Chainlink (LINK), and Polkadot (DOT). Uniglo (GLO) Uniglo is a new player within … Read more
Ethereum Classic bulls seem ready to extend their actions after dominating the space, especially in July’s second half. Meanwhile, the alternative token dropped beneath $40 after peaking around the $45 mark. Will ETC suffer more downside? A pullback remained logical after the massive July end ETC upside. Moreover, the selling momentum that emerged early in … Read more
The cryptocurrency market has seen an improved sentiment since August 9. That came after the US CPI updates, which turned out later on August 10. Moreover, analysts speculate that inflation peaked in June because of the cooling supply-chain problems and gas prices. A New York Fed survey this week observed optimistic consumer sentiment since June. … Read more
Tezos saw its price action flip-flopping following low U.S inflation and improved investor enthusiasm. XTZ price seems primed for uptrends, but caution remains crucial. Expect a 10% upside move, and a Fed official signals distress. Tezos saw its price bouncing amidst Wednesday’s euphoria when U.S CPI plunged beneath estimates, emerging as lower-than-anticipated – good news … Read more
LINK traded nearly 60% high from July’s lowest mark and approximately 27% within August’s first ten days. While publishing this content, it was approaching a crucial resistance level that could disrupt Chainlink’s recent upside. While writing this content, LINK traded near $9.17, gaining 4.94% within the past 24 hours. That represented a crucial region since … Read more