Introduction The price of WTI crude oil has remained steady around mid-$73.00s in the early hours of Wednesday’s Asian session. This comes after a four-day rebound from the lowest levels seen since December 2021. The cautious market mood is due to the uncertainty surrounding key US inflation data and mixed.
Introduction Ethereum is one of the most popular cryptocurrencies in the world, with a market cap of over $400 billion. It has been at the forefront of innovation in the blockchain space, with developers continuously introducing upgrades to enhance the network’s functionality. The latest upgrade is the MEV-burn, which aims.
Introduction: The EUR/USD has been in a bullish momentum for quite some time, reaching a high of 1.1075 level. However, the bullish momentum seemed to have eased last week Thursday as the European Central Bank (ECB) decided to hike rates in line with consensus, which had already been priced in,.
The EUR/USD exchange rate has been fluctuating around the 1.0960 level on Wednesday. This follows a period of relative stability for the currency pair, which has seen little movement over the past few weeks. The fluctuations are largely due to the cautious stance of the European currency, which has been.
Introduction Solana’s Saga Mobile has been launched, offering users access to decentralized applications (dApps) and Web3 applications in the Solana ecosystem. The launch of the smartphone could potentially give a boost to Solana’s (SOL) price recovery, which has been facing a bearish outlook in recent times. In this article, we.
The US Securities and Exchange Commission (SEC) has proposed changes to its custody rule for digital assets that would require broker-dealers to take additional steps to safeguard customer funds. However, the proposal has faced opposition from industry proponents, who claim it would restrict investment in cryptocurrencies. The Blockchain Association, a.
Introduction The AUD/USD pair continued its downward trend on Tuesday, holding lower grounds near 0.6775. The pair extended its pullback from an intraday high, experiencing its first daily loss in seven. The decrease in value of the Australian dollar can be attributed to downbeat China trade numbers for April, as.
Introduction: The USD/JPY pair is one of the most closely watched currency pairs in the world, as it reflects the relative strength of the US dollar and the Japanese yen. In recent days, the pair has been under pressure, dropping below the crucial support level of 135.00. However, there are.
Dogecoin has been one of the most popular cryptocurrencies, thanks to its meme-like status and the endorsement of high-profile celebrities like Elon Musk. However, the cryptocurrency has seen a recent dip in price, falling 6.3% in the last 24 hours to trade at $0.071. This decline comes after a series.
The GBP/USD pair reached a new intraday high near 1.2635, reversing the previous day’s corrective pullback from the multi-month top, heading into Tuesday’s London open. This news comes after the quote’s retreat from the highest levels since April 2022 amid the UK holiday on Monday. Despite this, fresh optimism surrounding.
Bittrex, one of the largest cryptocurrency exchanges in the world, has filed for Chapter 11 bankruptcy protection in Delaware, US. The move comes as the company faces mounting financial difficulties, with estimated liabilities and assets totaling between $0.5 to 1 billion. According to court filings, Bittrex’s creditors include several well-known.
Introduction: Bitcoin’s price has been on a rollercoaster ride over the past few months, experiencing massive highs and lows. As of May 8th, the cryptocurrency slipped below the $28,000 mark, prompting investors to take note of key support levels. In this article, we will explore the current state of Bitcoin’s.