As Bitcoin (BTC) continues to scale at unimaginable speeds, more companies join the race to launch a Bitcoin ETF in the US. Valkyrie Digital Assets is the latest company to hop on the bandwagon for a US-based BTC ETF. According to a recent statement by Valkyrie Digital Assets, the proposed ETF will be based on […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishThe Kiwi has been in a downward move. After the breakdown on February 26, the pair has corrected twice and has also fallen twice. On February 26 downtrend, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement […]
Key HighlightsEthereum rallies to $1,943 high Ether targets to breach the $2,000 overhead resistance Ethereum ETH) Current StatisticsThe current price: $1,904.31Market Capitalization: $218,805,902,586Trading Volume: $25,071,245,781Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis March 14, 2021 Today, Ether rebounded above the $1,730 support as price reached the high of […]
Canada’s February employment report exceeded expectations with 259,000 job growth. Analysts at the National Bank of Canada continue to believe that the recent labor market soft spot should be temporary, as strong economic growth is expected to boost hiring. The Canadian dollar even strengthened on stronger-than-expected employment data. Sterling, kiwi, and the Swiss franc are […]
The world’s largest cryptocurrency exchange, Binance, is reportedly under investigation by the US Commodity Futures Trading Commission (CFTC) for letting residents trade derivatives without having the necessary registration. Although the CEO of the company, Changpeng Zhao, has come out to call the accusation a “FUD,” it didn’t stop the cryptocurrency market from taking the news […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in an uptrend. In March, the price is making a series of higher highs and higher lows. On March 5 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that the USOIL will rise to […]
Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BullishThe GBP/JPY is in a smooth uptrend. The pair is presently retracing because the market has reached the overbought region. However, the Yen has been trading in the overbought since February 5. The price has been fluctuating on the upside […]
EURJPY Price Analysis – March 12 EURJPY has declined rapidly after ascending to the high level at 130.34 level during the early European session on Friday. The currency pair breached the 130.00 psychological zones to hit a fresh intraday high at 130.34 marks. Investors were not convinced by the ECB’s report and are worried about […]
Bridge Oracle, a TRON-based public oracle, announced yesterday that it has finally launched its mainnet. The project, which has gotten described as the first-ever public oracle project on TRON’s blockchain, will enable users of the blockchain to deploy real-world dApps on TRON. A spokesperson from Bridge Oracle noted that “the mainnet launch will allow you […]
