Search results

CryptoNews of the Week – Bitcoin recorded its first green September since 2016, increasing from $26,012 to $26,992. According to TradingView data, the cryptocurrency market's market capitalization also experienced an uptick. It stood at approximately $1.029 trillion at the beginning of...

CRYPTOCURRENCIES: Hopes on Halving and Halloween In the first half of the week, BTC/USD trended downward, succumbing to the strengthening U.S. dollar. However, it managed to hold within the $26,000 zone, after which the dynamics shifted: The Dollar Index (DXY) began to weaken, giving the...

USD/JPY: Awaiting the Breach of 150.00 "Appropriate measures will be taken against excessive currency movements, not ruling out any options," "We are closely monitoring currency exchange rates." Do these phrases sound familiar? Indeed, they should: these are words from yet another verbal...

Forex and Cryptocurrencies Forecast for October 02 - 06, 2023 EUR/USD: Correction is Not a Trend Reversal Yet The dynamics of the EUR/USD pair in the past week were atypical. In a standard scenario, combating inflation against the backdrop of a strong economy and a healthy labour market leads...

September 2023 Results: South Asian Traders Lead at NordFX Brokerage firm NordFX has summarized the trading performance of its clients for September 2023. The company also evaluated its social trading services and the profits earned by its IB partners. Gold, specifically the XAU/USD pair...

– Dune Analytics is tracking 295 wallets that, according to the U.S. Federal Bureau of Investigation (FBI) and the Office of Foreign Assets Control (OFAC), belong to the North Korean hacking group Lazarus. According to the latest data, these wallets currently hold digital assets amounting to...

CryptoNews of the Week – Anthony Scaramucci, the founder of SkyBridge Capital, stated at the Messari Mainnet conference in New York that the worst is over in the current bear market for digital assets. "If you own bitcoin, I wouldn't sell it. You've weathered the storm. [...] The next 10-20...

USD/JPY: Lacklustre Meeting at the Bank of Japan Following their counterparts at the Federal Reserve and the Bank of England, the Bank of Japan (BoJ) held its meeting on Friday, September 22. "It was a lacklustre meeting," commented economists at TD Securities. "All members unanimously voted to...

Forex and Cryptocurrencies Forecast for September 25 - 29, 2023 EUR/USD: Verbal Interventions by the Federal Reserve Support the Dollar In previous reviews, we extensively discussed the verbal interventions made by Japanese officials who aim to bolster the yen through their public statements...

CryptoNews of the Week – Bitcoin is grappling with the $27,000 level ahead of the Federal Reserve's interest rate decision, set to be announced on September 20. John Bollinger, the creator of the Bollinger Bands volatility indicator, believes that the leading crypto asset is poised for a...

CRYPTOCURRENCIES: Death Cross and Bitcoin Paradoxes A "Death Cross," indicated by the intersection of the 50-day and 200-day moving averages, has appeared on bitcoin's daily chart. This pattern last emerged in mid-January 2022, and was followed by a nearly threefold decrease in bitcoin's...

GBP/USD: Awaiting the Bank of England Meeting According to recent statistics, the UK economy is going through a challenging period. Some of the more emotional analysts even describe its condition as dire. GBP/USD continued to decline against the backdrop of disappointing GDP data for the...

Forex and Cryptocurrencies Forecast for September 18 - 22, 2023 EUR/USD: ECB Triggers Euro Collapse The past week was marked by two significant events. The first was the release of Consumer Price Index (CPI) data in the United States on September 13. The second was the meeting of the European...

CryptoNews of the Week – Chairman of the Securities and Exchange Commission (SEC), Gary Gensler, addressed the United States Senate, stating that the vast majority of cryptocurrencies fall under the jurisdiction of his agency. Consequently, all market participants, including exchanges...

CRYPTOCURRENCIES: Fear and Doubt in the Market For the third week, the market has been in a state of apathy. According to observations by crypto-millionaire William Clemente, the total trading volume for digital assets has fallen to its lowest levels since 2020. The BTC/USD chart on the H1 and...

USD/JPY: Bulls Wary as Bears Anticipate Currency Interventions As for Japan, the question of "economy or inflation" is not up for debate; the answer is unequivocally the economy. On Wednesday, September 6, Kyodo News, citing anonymous sources, reported that the Japanese government apparently...

Forex and Cryptocurrencies Forecast for September 11 - 15, 2023 EUR/USD: September 13 and 14 - Key Days of the Week For the eighth consecutive week, the U.S. Dollar Index (DXY) is rising, while EUR/USD is declining. The currency pair has retreated to levels last seen three months ago...

CryptoNews of the Week – 9% of Nigeria's population is aware of the existence of digital assets, surpassing the United States, which has an awareness level of 95%. Of these, 76% have owned or currently own cryptocurrencies, with the most popular coins being bitcoin, Ethereum, Binance Coin...

August 2023 Results: NordFX Trading Leaders Opt for XAU/USD Once Again NordFX Brokerage has summarized the trading performance of its clients for August 2023. The company has also evaluated its social trading services, CopyTrading and PAMM, as well as the profits earned by its IB partners. -...

CRYPTOCURRENCIES: Why Bitcoin Soared and Why It Fell Again The beginning of the past week was exceptionally dull. Its continuation could have been just as uneventful if not for Grayscale. Currently, Grayscale is the world's largest investment firm managing cryptocurrency assets. And now, it...