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.
The new US Securities and Exchange Commission (SEC) Chairman, Gary Gensler, has urged Congress to pass cryptocurrency legislation to protect investors. Gensler revealed that the Commission is working with the Commodity Futures Trading Commission (CFTC) and the US Treasury Department to tackle the illicit use of cryptocurrencies. Gensler explained to the subcommittee in Congress that […]
The dollar has risen in the early US session, bolstered by higher-than-expected inflation figures. Inflation in the core PCE reached its highest level since 1991. The greenback is likely to close the week on a high note, with the possibility of ending as the strongest, given the present buying momentum. Commodity currencies, including the New […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot is in a downward move. On May 23, DOT price has dropped to the low of $13.73 as bulls bought the dips. The altcoin price corrected upward to $25 but faces another rejection. The coin has declined to the low […]
If in the past, in the field of cryptocurrencies, investors wanted to find a way to increase profits or increase the number of coins held by trading, now there is a new way to help investors quickly increase that amount of coins. It is Yield Farming. So what is Yield Farming? How does it work? […]
BNBUSD Price Analysis – May 28 More pressure from the sellers will push down the Binance Coin to break the support level of $311 which may decrease further to $254 and $196 levels. Inability to break down the support level of $311 by the bears, BNBUSD will break up the $364 and bullish trend may […]
Tron (TRX) recently announced a partnership with BSCPad to build the first native IDO launchpad on the Tron blockchain. TRONPAD, the union of both companies, will give traders equal exposure to new and lucrative project launchings within the Tron ecosystem. At the same time, these new projects will secure funding from the token sales and […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishFor the past two months, Gold has consistently remained bullish. Gold has risen from the low of $1,675 to the high of $1,895.52 at the time of writing. XAUUSD was making a series of higher highs and lower highs. The […]
Bitcoin regained slight bullish traction earlier today and crossed the $40k mark following an announcement from the Biden administration on the US spending budget. The President of the United States, Joe Biden, will submit a $6 trillion spending budget proposal later this week. Although Bitcoin rallied at the news, it failed to sustain the bullish […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishToday, the Yen has rebounded above level 108.80 to retest the resistance at level 109.80. The pair will resume an uptrend once the resistance at level 109.80 is breached. On May 3 uptrend; a retraced candle body tested the 50% […]
