Briefly- EUR/USD nears parity once more. USD/JPY hits new yearly peaks. Markets concentrate on the U.S CPI this week. The Federal Reserve has what it needed to increase the funds’ rate by a 75 basis point in July following last Friday’s non-farm payroll in the U.S. The rate hike will strengthen the United Stated dollar … Read more
60% of the surveyed investors believe BTC will drop to $10K before contemplating an upside to $30K. Retail investors remain more worried than institutional market players. The previous day saw Bitcoin losing over 4% to drop back to its $20K vicinity. Bloomberg measured investor sentiments during its latest MLIV Pulse weekly survey. 11 July reports … Read more
The meme status was among the driving facets behind Dogecoin’s success throughout 2021. However, the alternative token sees no hype a year down the line. Nevertheless, the asset received support from Elon Musk. However, the recent move by the CEO might mean a dark cloud over Dogecoin’s performance. New reports suggest Elon Musk has terminated … Read more
The Bank of Japan remains unbothered by a weak yen. A pennant setup indicates further upside. The 140 mark might showcase this summer. The Japanese Yen pairs saw 2022 as an opportunity to breakout. The yen depreciates against peers, while most traders perceive the move as overextended. But, should you worry? True enough, the yen … Read more
Bitcoin enthusiasts have several reasons to cheer July 4 sessions. On-chain stats show the worst could be over for BTC (according to celebrated researchers). Moreover, the bellwether crypto saw noted bullish surges since July 3, translating to a lucrative start to July. Renewed BTC Optimism on Charts Bitcoin fans have reasons to cheer positive reactions … Read more
2022’s first half is over. Meanwhile, the financial world struggled with S&P 500 witnessing its worst H1 in over 50 years. Most investors watched their holdings crash. Nevertheless, the stock market will not stay in stagnation forever. Here are lucrative stocks that can earn your impressive return in 2022 H2. Novocure (NVCR) The last 12 … Read more
Briefly – Aston Martin’s stock price has plummeted to a new ATL (all-time low). The company’s growth shows uncertainty. The firm might become a lucrative acquisition target. The Aston Martin (AML) share price maintained its bearish trend today amidst faded stock demand. The share plummeted to explore new all-time lows at 434p, more than 97% … Read more
The Ukrainian invasion and the West’s sanctions plunged the ruble by 40%, but the Russian currency rebounded massively to seven-year highs. For now, the ruble remains strong, and RCB tries to weaken the currency as it might hurt exports. Dan Ashmore argues that the ruble’s strength is fake, though it confirms the failure of the … Read more
Most digital tokens have lost nearly 60% of their value since November last year’s highs. Nevertheless, many had secured reliable support zones. Furthermore, some assets presented an impressive performance. Here are the details. Synthetix Network (SNX) +86.0% Synthetic enables investors to sell and distribute synthetic assets representing real-world assets like stocks, fiat currencies, crypto, and … Read more
Briefly – Polygon launched a zero-knowledge technology-powered Polygon ID. MATIC reacted by surging 25% within the past 24 hours, Maintaining the current bullish run might see the token surging further. Polygon (MATIC/USD) is an ETH scaling solution designed to allow developers to create various apps on it. It uses the Polygon SDK to offer a … Read more
