The critique of Ravi Menon, a managing director of the Monetary Authority of Singapore (MAS), sparks an anticipated bearish trend for BTC. These remarks mirror a growing doubt within financial circles. The misclassification of Bitcoin as ‘private’ also prompts inquiries into regulatory comprehension. Menon foresees a future financial landscape involving CBDCs, tokenized bank liabilities, and […]
Changpeng Zhao (CZ), the former CEO of Binance, the world’s leading cryptocurrency exchange, is navigating a complex legal landscape in the United States, adding uncertainty to the future of both Binance and the broader crypto industry. CZ recently pleaded guilty to charges related to the alleged failure to adhere to anti-money laundering laws at Binance. […]
Since the price activity in the Fetch.ai market crossed above the middle limit of the Bollinger Bands, it is evident that bulls have sustained their position above this indicator. The upside retracement has persisted for a considerable time, with upside momentum still developing. Key Fetch.ai Statistics: Current FET Value: $0.5394 Fetch.ai Market Cap: $439,875,151 FET […]
AUDJPY Analysis – November 28 AUDJPY remains bullish amidst the selling pressure at the 98.600 price level. The market has been bullish since the price’s expansion from the discount zone. Since September 2023, the MACD (Moving Average Convergence Divergence), has been above the zero line. According to the MACD, the bullish trend is likely to […]
Market Analysis – November 27 USOil (WTI) sellers want to maintain a bearish course. The recent dynamics in the USOil market reveal a persistent absence of buyer activity. Unlike the bullish momentum witnessed in July, recent weeks reflect a weakened stance from buyers. The earlier bullish push, triggered by a breakthrough above the 72.440 level, […]
Market Analysis- November 27 Gold (XAUUSD) buyers strive for breakthroughs beyond the 2020.000 key level. Gold buyers are resilient in their quest for a breakthrough beyond the key zone of 2020.000. As of now, the struggle between buyers and sellers persists. Over the past few months, there has been a notable absence of bullish expansion […]
After price action in the GALA daily market claimed a multi-month high, the market still has what it takes to keep going. However, today’s session has brought a minor downward correction, yet bulls are still generally favored above bearish ones. Key GALA Statistics: Current Gala V2 Value: $0.2710 Gala V2 Market Cap: $714,202,966 Circulating Supply […]
Stellar’s resilience and unique technology signal anticipated bullish momentum. Amidst the dynamic cryptocurrency landscape, Stellar (XLM) emerges as a standout player, characterized by its distinctive technology and closely intertwined history with XRP. Jedd McCaleb, a otal figure in the development of XRP, played a crucial role in the inception of the Stellar network in 2014, […]
USDJPY Analysis – November 27 USDJPY flips bearish as the 149.200 low gets invalidated after the price hits the 151.900 resistance. The market has been in a bullish trend since the beginning of 2023. Owing to the overwhelming selling pressure at the premium zone, the market seems to have begun a new trend in a […]
