Briefly– ECB to debate a 50 basis point rate increase. Euro sees gains. ECB might surprise in all directions. The euro remains upside days before the financial meeting by the European Central Bank. The common currency surged across the board following a massive rebound after trading beneath parity last week when it slumped to 0.9950 … Read more
Crypto assets resumed the latest uptrends on Monday, with ETH leading with an 18% surge. Sentiment shift within the cryptocurrency market triggered decouples from Nasdaq 100, with enthusiasts focusing on crypto news updates. The global crypto market capitalization hit the $1T level after gaining $82.59 billion. The top ten crypto assets saw bullish reactions on … Read more
Terra Classic seemed dedicated to ensuring a massive comeback, though multiple roadblocks await. For instance, LUNC will meet supply challenges because of excess minting during the UST and LUNA crash. Meanwhile, Terra Classic wants to introduce a 1.2% burn to address the issue. Moreover, the latest update shows impressive progress on that front. Meanwhile, a … Read more
Solana has struggled to rise beyond the $40 mark after concluding June with bearish tendencies. The altcoin experienced challenges even after welcoming this month with a bullish leg, but inspection reveals the reason behind this restricted performance. It appears Solana has been hovering inside a wedge setup underpinned by ascending resistance and descending support levels … Read more
The crypto industry has flourished quicker, with new projects exceeding limits. Meanwhile, the constant growth and development mean you can find lucrative projects with 100X potential. For instance, Shiba Inu (SHIB) and Solana (SOL) presented staggering returns throughout 2021. These assets made many millionaires, and this content analyzes a new cryptocurrency project that might kick-start … Read more
Ethereum, the second-largest digital coin by value, remained within the bearish territory as it hovered beneath $1.1K during this publication. The token endured another 2% decline, approaching the crucial $1,000 level. ETH has had its price actions inside a range for some time. However, are market players enjoying profits in the prevailing market structure while … Read more
Briefly – USD/CAD has printed a double top setup on its 4hr chart. Markets expect another 50bp hike from BOC. The U.S will announce consumer inflation data. USD/CAD has its price hitting a massive resistance ahead of the Bank of Canada’s upcoming rate decision. While publishing this content, the pair traded at 1,3020, slightly beneath … Read more
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
