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CRYPTOCURRENCIES: Day X Has Arrived. What's Next? What many have long talked about and dreamed of has finally come to pass. As expected, on January 10, the U.S. Securities and Exchange Commission (SEC) approved a batch of 11 applications from investment companies to launch spot exchange-traded...

USD/JPY: U.S. CPI Outperforms Japan's CPI The Bank of Japan (BoJ) is considering lowering its inflation forecast for the 2024 fiscal year to around the mid-2% range in its upcoming quarterly report, set to be published on January 23. This news was reported by the Jiji agency, citing Reuters, on...

Forex and Cryptocurrencies Forecast for January 15 – 19, 2024 EUR/USD: Market Anticipates Federal Reserve Rate Cut We published our global forecast for EUR/USD for the upcoming year in the last week of 2023. Now, moving from long-term projections, we return to our traditional weekly reviews...

CryptoNews of the Week – A real drama unfolded in the cryptocurrency market after hackers breached the social network X (formerly Twitter) account of the U.S. Securities and Exchange Commission (SEC) and posted a fake tweet about the approval of the long-awaited bitcoin exchange-traded funds...

2024 – 2028: Fresh Forecasts After three years of sharp decline, the yen's value might finally be turning around. This is the view held by market participants surveyed by Bloomberg. Overall, respondents expect the Japanese currency to strengthen next year, with the average forecast for USD/JPY...

USD/JPY: 2023 Review and 2024 Forecast According to statistics, USD/JPY (US Dollar/Japanese Yen) is among the top three most traded currency pairs in the Forex market. This is facilitated by the pair's high liquidity, which ensures narrow spreads and favourable trading conditions. This means...

Top 3 NordFX Traders Earn Nearly $2.5 Million in 2023 NordFX, a brokerage firm, consistently releases statistics that detail the trading performance of its clients and the profits garnered by the company's IB partners. As a tradition, we compile a summary of the past year's outcomes at the...

CryptoNews of the Week – On Tuesday, January 2, the price of bitcoin rose above $45,860 as investors anticipated a statement from the U.S. Securities and Exchange Commission (SEC) regarding the approval of spot bitcoin ETFs. The last time BTC traded at this level was in April 2022. Analysts...

Funeral Squad for Bitcoin: $0.0000. Who Predicts Lower? According to Newton's Third Law, every action has an equal and opposite reaction. Although this law was formulated in 1689, it seems to apply even to 21st-century cryptocurrencies. If there are those eager to drive up the value of bitcoin...

2025 and Beyond: $1,000,000 to $10,000,000. Who Predicts Higher? "Looking too far into the future is not far-sighted," a saying attributed to Sir Winston Churchill, the Prime Minister of the United Kingdom during 1940-1945 and 1951-1955. While we might heed the advice of the esteemed British...

2024: Optimism and Super Optimism Bloomberg Intelligence analyst Jamie Coutts has forecasted a rise in bitcoin's price to $50,000 before the halving in April 2024. Eric Balchunas, a senior analyst at Bloomberg, explained that the SEC's approval of BTC-ETF applications would open up bitcoin to a...

Forecast 2024: Bitcoin Yesterday, Tomorrow, and the Day After The main question, just a few years ago, was when the crypto bubble would burst. Over time, bitcoin gradually earned its place in the minds and portfolios of traders and investors. Competing actively with physical gold and other...

CryptoNews of the Week – Brian Armstrong, the head of the cryptocurrency exchange Coinbase, published an article filled with numerous statistical data. Following a significant market correction this year, the value of cryptocurrencies increased by 90%, accompanied by a 60% increase in trading...

Forecast: What to Expect from the Euro and Dollar in 2024 Traditionally, we publish currency forecasts from leading global financial institutions at the turn of the outgoing and incoming years. Having maintained this practice for several years, it enables us to not only peer into the future...

CryptoNews of the Week – The Securities and Exchange Commission (SEC) of the United States is expected to approve the first spot bitcoin ETFs around January 8-10. This opinion was expressed by Bloomberg analyst James Seyffart. In his view, the SEC has been strategically delaying applications...

CRYPTOCURRENCIES: Will Bitcoin ETFs Replace Binance? By the end of Friday, December 8, the leading cryptocurrency, bitcoin, reached a height of $44,694. It last traded above $40,000 in April 2022. Just two days later, on the morning of December 11, surprised investors found bitcoin at the...

USD/JPY: Yen's Triumph Scheduled for 2024 On November 13, USD/JPY reached a high of 151.90. However, within a mere five weeks, the Japanese yen succeeded in regaining over 1000 points from the dollar. Thursday, December 7, marked a significant triumph for the yen, as it strengthened across the...

Forex and Cryptocurrencies Forecast for December 18 – 22, 2023 EUR/USD: Dovish Fed Reversal The fate of EUR/USD was determined by two events last week: the FOMC (Federal Open Market Committee) meeting of the US Federal Reserve and the meeting of the Governing Council of the European Central...

CryptoNews of the Week – On the morning of December 11, bitcoin fell sharply to $40,145. This abrupt decline lasted no more than five minutes. Multiple theories explain this event. One suggests that strong U.S. job market data released on December 8 triggered the drop. Alternatively, it could...

CRYPTOCURRENCIES: Rational Growth or Speculative Frenzy? Late in the evening on December 8, the flagship cryptocurrency reached a peak of $44,694. The last time BTC traded above $40,000 was in April 2022, before the Terra ecosystem crash triggered a massive crypto market collapse. Among the...