Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.
According to reports, 2.3 ETH gets burnt every minute due to the new transaction fee mechanism introduced via the Ethereum London upgrade, which occurred on August 5. The long-awaited London hard fork went live yesterday, which ushered in the EIP-1559 upgrade. One of the latest additions to the network is a mechanism that burns part […]
After the BoE’s policy decision, sterling was briefly raised, but there was no follow-through buying. The dollar is also unconcerned about unemployment claims. Overall, the markets are consolidating and will most likely remain so until tomorrow’s non-farm payrolls report. The Bank of England unanimously left the Bank’s rate unchanged at 0.10%. The asset purchase target […]
According to the Director of Cybercrime at the Internal Revenue Service, Jarod Koopman, the US government has confiscated cryptocurrencies worth about $1.2 billion in 2021 alone. This figure is a significant increase from the number recorded last year with $137 million in seized cryptos. Koopman revealed the latest figures in an interview with CNBC on […]
AUDUSD Price Analysis – August 5 The Australian dollar is gradually rebounding, holding past the 0.7400 level, aided by a slight drop in the US dollar overall. During the early American session, the AUDUSD pair saw considerable buying and surge past the 0.7400 round-figure marks on Thursday. Despite the COVID-19 difficulties, a minor increase in […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Price Analysis – August 5 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade begins its downtrend adventure after failing to get the best of the […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishAfter the upward correction, Dogecoin’s (DOGE) price faces rejection at $0.20 high. The altcoin is falling and attempting to break below the previous low at $0.19. A break below the previous low will accelerate the resumption of the downtrend. If the support […]
Uniswap Price Analysis – August 05 Further increase in the bulls’ momentum will penetrate the resistance level of $26 and this may increase the price to $30 and $37 resistance levels. In case the bears defend the resistance level of $26, Uniswap price may decrease to $21, $14 and $12 price levels. UNI/USD Market Key […]
New reports from Coindesk revealed that JP Morgan Chase & Co. has begun pitching a Bitcoin (BTC) fund to its private clients this week. The behemoth financial institution originally announced in April that it had entered a partnership with NYDIG to launch a Bitcoin fund. JPM touted the new fund as the safest and cheapest […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingUKX index is retracing after retesting level 7200 resistance. Buyers have retested the resistance on four occasions but were unable to break above it. UKX will fall as it faces rejection from the recent high. The current uptrend has reached the […]
