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CRYPTOCURRENCIES: Will China's BTC-ETF Ignite the Market? This analysis is prepared just hours before the 'hour X': the scheduled halving on Saturday, April 20. We will detail the market's reaction to this significant event next week. Meanwhile, let's focus on the events leading up to it. In...

USD/JPY: Higher and Higher... Last week, USD/JPY once again reached a 34-year high, peaking at 154.78. This level was last seen in 1990. According to economists at the Singapore-based United Overseas Bank (UOB), the pricing dynamics continue to suggest further strengthening of the dollar. "The...

Forex and Cryptocurrency Forecast for 22 – 26 April 2024 EUR/USD: A Pause After the Rally Last week, 60% of analysts adopted a neutral stance in their previous forecast and were proven absolutely correct. EUR/USD had a calm week, even boring at times, moving along the 1.0650 mark within the...

– Arkham Intelligence has revealed the cryptocurrency balances of various countries. According to its data, the United States is the largest bitcoin whale among governments, currently holding 212,847 BTC valued at approximately $14.9 billion. Since the start of 2023, the US government has added...

CryptoNews of the Week – Since 8 April, bitcoin's price has been falling, attempting to break through the support level around $61,500. The weekly decline in BTC is the largest in the last eight months, and in dollar terms, it's the largest since the FTX exchange collapse in November 2022...

USD/JPY: Is 300.00 Just a Matter of Time? Bears on USD/JPY continue to hope for its reversal southwards, yet the pair does not stop climbing. Our previous review titled "A Break Above 152.00 – A Matter of Time?" proved true within a very short period. Last week, the pair reached a 34-year high...

Forex and Cryptocurrency Forecast for 15 – 19 April 2024 EUR/USD: The Dollar Soars Last week saw two significant events: the first shocked market participants, while the second passed without surprises. Let's examine the details in order. Since mid-2022, consumer prices in the US have been...

CryptoNews of the Week – According to Ki Young Ju, CEO of the analytical platform CryptoQuant, the price of bitcoin needs to exceed $80,000 post-halving to remain profitable for miners. This significant event is scheduled for April 20, 2024. As a result, miners’ block rewards will be halved...

USD/JPY: A Break Above 152.00 – A Matter of Time? For two and a half weeks, USD/JPY has been moving in a sideways channel, unsuccessfully attempting to rise above 152.00. Fear of possible currency interventions by the Japanese Ministry of Finance prevents the bulls from breaking this...

Forex and Cryptocurrency Forecast for 08 – 12 April 2024 EUR/USD: The Dollar Weakness Puzzle What transpired with the EUR/USD pair last week? It behaved as expected on Monday, 01 April. However, starting from Tuesday, the situation deviated. Let's delve into the details. On the first day of...

World Forex Award Recognizes NordFX as Best Broker in Two Categories Experts from one of the leading business awards organisations, the World Forex Award (WFA), have named NordFX as the winner in two categories: The Most Trusted Forex Broker and The Best IB Program 2024. The award for The...

CryptoNews of the Week – FTX exchange founder Sam Bankman-Fried (SBF) regrets the actions that led him to a 25-year prison sentence. He revealed this in an interview with ABC News. "It's a major part of what I think about every day," added the former businessman, now inmate. According to him...

March 2024: NordFX Traders Yield Maximum Profits from Physical and Digital Gold NordFX brokerage has summarized the trading performance of its clients for March 2024. The effectiveness of social trading services: PAMM and CopyTrading, as well as the profits earned by the company's IB...

CRYPTOCURRENCIES: Bitcoin – The Calm Before the Halving After bitcoin reached a new all-time high of $73,743 on March 14, a wave of selloffs and profit-taking by short-term speculators followed. BTC/USD sharply retreated, losing approximately 17.5%. A local minimum was recorded at $60,778...

GBP/USD: BoE Hawks Morph into Doves Data on consumer inflation in the UK, released on Wednesday, March 20, a day ahead of the Bank of England (BoE) meeting, indicated a slight deceleration and fell a bit below expectations. The year-on-year CPI slowed from 4.0% to 3.4%, against the anticipated...

Forex and Cryptocurrencies Forecast for March 25 - 29, 2024 EUR/USD: Switzerland Strengthens the Dollar The key event of the past week was undoubtedly the FOMC (Federal Open Market Committee) meeting of the US Federal Reserve on March 20. As expected, the American Central Bank unanimously...

CryptoNews of the Week – Roger Ver, introducing his new book "The Hijacking of Bitcoin: The Hidden Story of BTC," announced that bitcoin has been captured by a group of insiders. According to this experienced investor, this development has altered the project's philosophy. Jeffrey Tucker, an...

CRYPTOCURRENCIES: Riding the Wave of FOMO to New Historical Highs FOMO (Fear of Missing Out) is currently the dominant sentiment in the market, driving the leading cryptocurrency to new heights. Another record was set on Thursday, 14 March, when BTC/USD reached $73,743. Following the approval...

USD/JPY: What to Expect from the Bank of Japan The upcoming week, on Tuesday, 19 March, will also see a meeting of the Bank of Japan (BoJ). Consequently, speculation regarding an imminent shift in the regulator's monetary policy is mounting. Analysts at TD Securities have shifted their...

Forex and Cryptocurrencies Forecast for March 18 - 22, 2024 EUR/USD: Stubborn Inflation Refuses to Back Down Market participants last week were keenly focused on inflation data from the US. The FOMC (Federal Open Market Committee) meeting of the Federal Reserve is scheduled for Wednesday, 20...