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Este artículo también está disponible en español. For weeks, Ripple’s XRP has been on a tear, breaking key price metrics which allowed it to solidify its standing as one of the industry’s biggest cryptos. For most of 2024, XRP has been on a sideways movement, trading at the $0.50 level. But then Trump and the […]
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The Dow Jones tumbled during the overnight session before Monday’s opening bell. Trade war fears are back on the table after Trump gets into a political scuffle with Colombia. Fresh rate cut hopes are bolstering equities from early week lows. The Dow Jones Industrial Average (DJIA) dipped into the 44,000 handle during Monday’s early overnight […]
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Este artículo también está disponible en español. XRP has faced significant selling pressure over the past several hours, causing the price to dip to new local lows around $2.65. This decline comes after a period of heightened volatility in the broader cryptocurrency market. While the long-term outlook for XRP remains bullish, the recent drop highlights […]
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CTAs are selling Copper and Aluminum, TDS’ Senior Commodity Strategist Daniel Ghali notes. Trump dampens his tone with respect to tariffs on China “CTAs are selling Copper and Aluminum, with price action playing into the significant asymmetry in expected flows following President Trump’s dampened tone with respect to tariffs on China.” “With no scenario for price action over the […]
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Este artículo también está disponible en español. Bitcoin has encountered a critical breakdown, slipping below the $100,000 support level, a significant milestone that has been pivotal in its recent price rally. This unexpected move raises concerns over the sustainability of its upward momentum, with the market now at a crossroads. It is important to be […]
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Este artículo también está disponible en español. A new XRP price prediction has surfaced, with a crypto analyst forecasting that the popular altcoin will experience a dynamic surge to $5.85 in the new week. Based on the Elliott Wave Theory and key technical indicators, the analysis outlines how XRP could see a significant upside after […]
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There’s an ongoing algo selling activity in Gold, TDS’ Senior Commodity Strategist Daniel Ghali notes. Gold selling activity to remain short-lived “The yellow metal is being swept into this round of deleveraging and CTA liquidations, but our simulations of future prices suggest that CTAs will be back on the bid in Gold in any scenario for […]
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Este artículo también está disponible en español. In a recent interview, Ki Young Ju, the CEO of CryptoQuant, drew interesting parallels between the crypto meme coin market and the art industry. As per Young, both these markets aim to draw valuations of an intangible instrument through narrative and market hype. Meme coins are often based […]
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The Canadian Dollar (CAD) is recovering a little ground after weakening in early Asian trade on the broad risk-off tone to markets, Scotiabank’s Chief FX Strategist Shaun Osborne note, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Technicals remain positive “The CAD picked up some ground on the weaker USD last week but it lagged […]
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Coinbase CEO Brian Armstrong recently suggested that the ‘floodgates are opening’ for TradFi firms to find the best crypto to invest in. According to Armstrong, Donald Trump’s crypto plans (including a US Bitcoin strategic reserve) and the blockchain’s potential for economic freedom are what’s ‘forcing everyone to up their game.’ As more mainstream players join […]
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