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The Bitcoin price has gone through an intense bout of volatility over the past few days, with a violent sell-off that has dragged its price into the $70,000 range. The move wiped out short-term bullish positioning and forced the price below several intraday support levels. Although there are risks of further downside, Bitcoin is now […]
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EUR/CAD trades around 1.6130 on Thursday at the time of writing, virtually unchanged on the day, as markets digest the European Central Bank’s (ECB) policy decision and monitor Canada-specific factors. The European Central Bank announced on Thursday, following its February meeting, that it kept its key interest rate unchanged at 2.15% in line with market […]
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What to Know: Vitalik Buterin’s $29M ETH transfer has sparked market speculation, highlighting the sensitivity of blue-chip assets to founder activity. Capital is rotating from stagnant legacy coins into high-beta narratives, favoring projects with strong cultural momentum and active user bases. Maxi Doge ($MAXI) is attracting significant inflows, raising over $4.5 million in its presale […]
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The NZD/USD pair trades on a softer note near 0.5980 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) edges lower against the Greenback amid rising Unemployment Rates in New Zealand. Federal Reserve (Fed) Atlanta President Raphael Bostic is set to speak later on Thursday. Statistics New Zealand revealed on Wednesday that the […]
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On-chain data shows the Bitcoin MVRV Z-Score has fallen to its lowest level in years following the price crash below the $80,000 level. Bitcoin MVRV Z-Score Has Plummeted Recently In a new post on X, Glassnode analyst Chris Beamish has discussed about the latest trend in the Bitcoin MVRV Z-Score, an indicator that aims to […]
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Australia’s Trade Surplus widened to 3,373M MoM in December versus 2,597M (revised from 2,936M) in the previous reading, according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday. Further details reveal that Australia’s Exports climbed by 1.0% MoM in December from a fall of 4.0% (revised from -2.9%) seen a month earlier. Meanwhile, Imports fell […]
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Bitcoin’s latest slide has pushed prices into territory not seen so far this year, with the market briefly trading near the low $75,000 area. Related Reading Losses have piled up over recent months, leaving the asset well below its record peak and stirring fresh debate about whether the broader uptrend has stalled. The drop did […]
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GBP/USD remains trapped in a near-term cycling pattern on Wednesday, continuing to churn aimlessly between 1.3700 and 1.3650. Cable traders are unlikely to pick a meaningful direction until after the Bank of England’s (BoE) latest interest rate decision, due during Thursday’s London market session. However, it is unlikely that the BoE’s Monetary Policy Committee (MPC) […]
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Crypto analyst Diana has predicted that the XRP price could rally to $7, representing a 450% gain for the altcoin. She alluded to technical setups that prove that the token could reach this price target this year, which would mark a new all-time high (ATH). XRP Price Eyes 450% Rally To $7 In an X […]
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The preliminary estimate for January Eurozone HICP inflation eased to 1.7% y/y, down from 1.9% in December, aligning with expectations. Core inflation also fell to 2.2% y/y. The ECB is expected to keep interest rates unchanged amid concerns about inflation undershooting its target. ABN AMRO analysts predict that inflation will fall below the 2% target […]
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