Introduction In 2018, Circle launched USDC, a stablecoin, to tap into the transformative potential of open blockchain networks. USDC, pegged to the US dollar, fuses the stability and trust of traditional currency with the agility and innovation of the internet. This report delves into the macro perspective of the USDC economy, highlighting its global reach, […]
Read moreSellers’ momentum may increase further TRON Price Analysis – 31 January The price of TRON might break over the $0.110 and $0.114 barriers if the buying momentum continues above the resistance level at $0.108. If selling persists, TRON might be able to break through the $0.105 barrier and reach the support levels of $0.101 and […]
Read moreOn January 29, a collaboration was unveiled between Chainlink Labs and Protocol Labs, aiming to elevate the Chainlink BUILD initiative. This partnership seeks to empower dApp development by harmonizing incentives across diverse ecosystems. Participants in the Chainlink BUILD program will enjoy expanded access to developmental tools, services, and specialized support, encompassing decentralized storage and engineering […]
Read moreThe Arbitrum market has seen a significant price increase over a medium length of time. The perceived significant price move saw the market exit a narrow range between the $1.3890 mark and the $1.3000 mark. However, the upside retracement had terminated, and a moderate downward correction had occurred. In recent times, price action has bounced […]
Read moreQuant Price Forecast: January 28 The Quant price forecast is for the market to drop to lower levels due to the prevailing influence of the sellers after the rejection at $153.50. Quant Long-Term Trend: Bullish (1-day Chart) Key Levels: Zones of supply: $117.60, $131.00, $142.10 Zones of Demand: $87.60, $96.90, $107.40 Bears are currently in […]
Read moreIn a tight trading range, the dollar maintained its position on Tuesday as investors eagerly awaited the Federal Reserve’s imminent decision following their two-day meeting and the impending release of the latest U.S. jobs data. Analysts widely anticipate the Fed to maintain steady rates during Wednesday’s announcement. Despite a sharp decline from 88.5% a month […]
Read moreThe U.S. Securities and Exchange Commission (SEC) is expected to greenlight the first Ethereum exchange-traded fund (ETF) by May 23, mirroring the approach taken with spot bitcoin ETFs, reveals a report by Standard Chartered Bank. 🚨 BREAKING 🚨 STANDARD CHARTERED BANK SAYS THAT THE SEC COULD APPROVE SPOT ETHEREUM ETF ON MAY 23. SEND ETH […]
Read moreIncreased investment in the sponge market SPONGEUSDT Price Analysis – 30 January If the bulls can break above the resistance level at $0.000695, they might get as high as $0.000886 and $0.001298. If the resistance level of $0.000695 holds, Sponge may turn around and go back to the support levels of $0.000575, $0.000458, and $0.000404. […]
Read moreMarket Analysis – January 29th NAS100 is currently building a stronghold to tackle the selling motion that has been prevalent in the market. This week, Nasdaq has been performing well, and the buyers are regaining their confidence as they aim to launch forward. The bulls have been optimistic since the beginning of this month, and […]
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