The Dubai-based cryptocurrency investment fund, FD7, believes that the value of Cardano (ADA) and Polkadot (DOT) will surpass that of Bitcoin (BTC) in the coming years. Consequently, the firm has announced that it will offload about $750 million worth of its BTC holdings and increase its exposure in ADA and DOT. FD7 (Fall Down Seven […]
Read moreBNBUSD Price Analysis – February 26 A breakdown at the $196 level by the bears may lead to the declination of the price to $142 level in which further decrease will drop the price to $117. The continuation of the bears defending the $196 support level may push up the price to the resistance level […]
Read moreGBPJPY Price Analysis – February 26 The GBPJPY exchange rate has declined to the 147.40 low level. It is unlikely that some upside potential could prevail in the market due to the seller pressures as the pair aligns while indicating a significant correction. The Japanese Yen rides on the turn-in risk sentiments and rebounded after […]
Read moreEURJPY Price Analysis – February 26 EURJPY remains beneath recent high and approaches the mid 128.00 level. The pair traded at daily highs around 129.52 before grinding lower to 128.64 level. The Japanese Yen is strong against a basket of currencies after the release of the latest inflation data from the BoJ. Key LevelsResistance Levels: […]
Read moreTRON’s (TRX) mainnet continues to lag in terms of transactions, as Binance Smart Chain (BSC) hits 2.7 million in just 24 hours. For better understanding, Ethereum (ETH) has just 1.2 million transactions. The influx of users to the BSC is likely as a result of the low fees offered by the platform, which makes transactions […]
Read moreRising global yields remain in the spotlight today, with Germany’s 10-year bond yield hitting -0.234 and the UK 10-year bond yield hitting 0.818. Earlier in Asia, Japan’s 10-year-old JGB yield closed at a high of 0.152. The 10-year US yield is also trading above 1.45. In the foreign exchange markets, the euro is trying to […]
Read moreUS-based cryptocurrency exchange Coinbase announced that it has officially filed a registration statement on Form S-1 with the SEC to become a publicly-listed entity on the Nasdaq exchange. The company confidentially submitted a draft registration statement to the Securities and Exchange Commission (SEC) last year to be listed on the exchange. Coinbase chose to go […]
Read moreDOTUSD Price Analysis – February 25 With the Polkadot (DOT) price up to around 10% in 7 days and 0.24% in 24hrs, all eyes are on the coin to deliver further gains. After DOTUSD recovered from the weekly low of $25.82 level the pair looks to sustain the advance beyond the $35.54 daily high. At […]
Read more
Key Resistance: 0.7460 Key Support: 0.7360 – 0.7340 -0.7287 Long Term View The NZD/USD has been in a massive bull market since the March 2020 lows, up 36.20% or 1979 pips. We have hit a mayor key level now. The last time the NU was trading at these levels was back in February 2018 and […]
Read more
