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After surging by over 60% in the last three months, thanks to Donald Trump’s victory, the selling pressure for Bitcoin is no longer a point of concern for the overall crypto market. In fact, large whales are now in the mood to hold on to their Bitcoin investments for the long term, meaning prices could […]
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The spot Bitcoin ETFs (exchange-traded funds) have picked up from where they left off in 2024, enjoying increased attention from investors in the new year. This positive sentiment has further intensified after the recent inauguration of Donald Trump as the United States president. The US-based exchange-traded funds continued their impressive streak of capital influx, positive […]
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Ethereum (ETH) has been trading within a narrow 4-hour range between $3,150 and $3,500, leaving investors frustrated with its lackluster performance in recent weeks. As other assets in the crypto market make strides, Ethereum’s sideways movement has caused many to question whether it can regain its momentum this year. The prolonged consolidation has dampened sentiment, […]
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Silver rebounds from $30.36, crosses 50-day SMA but struggles with higher resistance levels. RSI indicates rising buyer interest; however, significant resistance at $32.32 still challenges momentum. For bearish trend to resume, silver must fall below 200-day SMA and $30.00, with next supports at $29.51 and $28.89. Silver price recovers some ground and trades with gains […]
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Este artículo también está disponible en español. XRP, the native cryptocurrency of the Ripple network, has seen its price grow massively in recent months, allowing it to overtake many other large-market cap cryptocurrencies. At the time of writing, XRP is the third-largest crypto by market cap, and current buying trends suggest it might stay there […]
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The US Dollar Index remains under pressure, testing the 107.50 level after a steep weekly decline of over 2%. S&P Global Composite PMI signals slower growth at 52.4 in January, compared to 55.4 in December. Markets now turn their attention to the next week’s Fed decision. The US Dollar Index (DXY), which measures the value […]
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Mexican Peso gains amid US Dollar weakness and reduced trade fears, ignore mixed Mexican economic activity data. Mid-month inflation falls to 3.69% YoY, nearing Banxico’s 3% target, backing dovish policy. Trump’s moderate comments on Mexico at WEF reduce trade worries; key GDP and trade data anticipated. The Mexican Peso (MXN) surged in early trading during […]
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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms […]
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The Canadian Dollar made some headway against the Greenback on Friday. Bank of Canada poised to deliver another rate cut next week. Weakness in the US Dollar Index drives CAD higher than the CAD itself. The Canadian Dollar (CAD) gained around one-quarter of one percent against the Greenback on Friday, testing higher but still firmly […]
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Este artículo también está disponible en español. Bitcoin has yet to relinquish its dominance in this market cycle, leaving many investors still holding onto hopes for the arrival of an altcoin season. Still, there remains a possibility that an altcoin rally might never come to fruition this season, given the recent market trends this cycle. […]
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