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 […]
Whirlpool (WHR), the US household appliance maker, has pulled back from the all-time high at $246 it hit on 21 April, after it posted stellar earnings and forecast more good news to come. But the shares are still a buy and here’s why. First-quarter revenue topped estimates, with North America revenue up nearly 20% and […]
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 […]
EUR/USD dropped and now it has reached and retested a support area. Technically, the pair is somehow expected to increase as the DXY is at resistance. Still, it remains to see how the price will react after the US data will be released today. The US data could shake the market in the short term, […]
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 […]
