Welcome to Decrypters!
The Bitcoin and Ethereum prices rallied after reports of the US dollar crashing spread across the market. Recent data show that the US dollar has fallen to its lowest level in four years, raising concerns about the strength of the world’s dominant reserve currency. As the dollar weakens, market players are beginning to shift attention […]
Read More
The Dollar index has dropped to its lowest level since February 2022, with limited impact on cash Treasuries. President Trump commented on the currency’s decline, stating, “I think it’s great… The dollar’s doing great.” Unless the Swiss National Bank intervenes, the Dollar may continue to weaken, impacting inflation and monetary policy, Societe Generale analysts note. […]
Read More
OKX has announced the launch of the OKX Card in Europe, expanding its payments footprint across the European Economic Area. The product allows users to pay with stablecoins at merchants that accept Mastercard, positioning crypto balances for direct everyday use rather than requiring prior conversion or preloaded fiat balances. Related Reading The announcement comes at […]
Read More
The United States (US) Federal Reserve (Fed) announces its interest rate decision on Wednesday. Markets widely expect the US central bank to keep the policy rate unchanged in the range of 3.5%-3.75%. As this decision is nearly fully priced in, Fed Chair Jerome Powell’s comments in the post-meeting press conference could impact the US Dollar’s […]
Read More
Arthur Hayes says Bitcoin’s next leg higher is less about crypto-specific catalysts and more about whether US policymakers are forced to respond to mounting stress in Japan’s currency and government bond markets. stress he argues will ultimately translate into fresh dollar liquidity. In his latest essay, “Woomph,” published Wednesday, Hayes frames the recent yen weakness […]
Read More
USD/CAD moves little after registering nearly 1% losses in the previous session, trading around 1.3570 during the European hours on Wednesday.
Read More
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits […]
Read More
The UOB Group report by Quek Ser Leang and Lee Sue Ann highlights that the Australian Dollar is likely to continue its upward trajectory, with potential resistance at 0.7050. The report notes that while further strength is anticipated, overbought conditions may limit the extent of the rally. Support levels are identified at 0.6965 and 0.6940. […]
Read More
A Glassnode analyst has pointed out how Ethereum is retesting a dense supply cluster that could set the tone for where the cryptocurrency heads next. Ethereum Is Trading At A Dense Level On The CBD In a new post on X, Glassnode analyst Chris Beamish has talked about how Ethereum is looking from the perspective […]
Read More
The Japanese Yen (JPY) trims a part of Asian session losses on Wednesday and remains close to a nearly three-month high, set against its American counterpart the previous day. Minutes from the Bank of Japan’s (BoJ) December meeting showed that members agreed on the need to continue raising interest rates. This marks a significant divergence […]
Read MoreUK
+92 315 5060561
Mon - Sat: 8 am - 5 pm,
Sunday: CLOSED
