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.
Bitcoin’s value surged by 7.5% as the year began, reaching an impressive $45,900. This notable upswing was primarily fueled by heightened activity on the Chicago Mercantile Exchange (CME). Intriguingly, the CME’s Bitcoin price soared to about $1,400 higher than that of other exchanges, revealing substantial purchasing pressure. Recognized for hosting cash-settled Bitcoin futures contracts, the […]
Market Analysis – January 2nd US30 bulls show resilience but face potential challenges ahead. The US30 bulls have displayed a commendable level of stability in recent times, demonstrating their determination to push the market forward. Even as we enter 2024, buyers continue to exhibit aggressive energy, signaling the possibility of a further upward trend toward […]
Market Analysis – December 25th Nasdaq (NAS100) buyers are eyeing bullish opportunities as the year ends. The buyers in the Nasdaq market may be setting in motion a longer course as we approach the end of the year. This presents a potential opportunity for bullish growth to solidify. Last week, the sellers gained some attention […]
Overview Ethereum developers are gearing up for a significant milestone in 2024 with the Dencun upgrade, introducing “proto-danksharding” to enhance data storage capabilities. The primary focus is on Jan. 17 for the Goerli test network to undergo Dencun testing, a crucial step before the expected mainnet deployment by the end of February. Proto-Danksharding and Capacity […]
Introduction Traditional investors often turn to mutual funds for wealth generation, a practice expected to extend into the crypto market. However, the scarcity of crypto mutual funds in the U.S. prompts the exploration of alternatives. This report outlines the top five blockchain investment alternatives available in 2024. Our Pick: Bitcoin Strategy ProFund (BTCFX) While the […]
Bulls’ strength is increasing in Sponge market SPONGEUSDT Price Analysis – 02 January If Sponge breaks above $0.000262, bullish momentum will pick up speed and test the barrier levels at $0.000330 and $0.000402. Moreover, a more robust bullish rise might push the price beyond $0.000402. SPONGEUSDT Market Key levels: Resistance levels: $0.000262, $0.000330, $0.000402 Support […]
Following the previous price contraction that occurred in the Orchid market, it appears that buyers are now starting to re-enter the market. Also, volatility has improved significantly and has positively impacted the market as price action continues towards the $0.1300 mark. Key Orchid Statistics: Current OXT value: $0.1237 Orchid Market Cap: $120,445,380 OXT Circulating Supply: […]
The British pound weakened on Tuesday, losing 0.76% against the U.S. dollar, with the exchange rate hitting $1.2635. This reversal follows a recent surge that saw the pound reach a nearly five-month high of $1.2828 on December 28, attributing its climb to a weakened dollar amidst global economic and geopolitical uncertainties. Simultaneously, the U.S. dollar […]
A major security breach has hit Orbit Bridge, a decentralized protocol that allows cross-chain transfers of various cryptocurrencies. The protocol announced that it was hacked on December 31, 2023, and that it lost millions of dollars worth of crypto assets to the attackers. How the Hack Happened The breach was first identified by Kgjr, a […]
