TRON’s (TRX) mainnet continues to lag in terms of transactions, as Binance Smart Chain (BSC) hits 2.7 million in just 24 hours. For better understanding, Ethereum (ETH) has just 1.2 million transactions. The influx of users to the BSC is likely as a result of the low fees offered by the platform, which makes transactions […]
Rising global yields remain in the spotlight today, with Germany’s 10-year bond yield hitting -0.234 and the UK 10-year bond yield hitting 0.818. Earlier in Asia, Japan’s 10-year-old JGB yield closed at a high of 0.152. The 10-year US yield is also trading above 1.45. In the foreign exchange markets, the euro is trying to […]
US-based cryptocurrency exchange Coinbase announced that it has officially filed a registration statement on Form S-1 with the SEC to become a publicly-listed entity on the Nasdaq exchange. The company confidentially submitted a draft registration statement to the Securities and Exchange Commission (SEC) last year to be listed on the exchange. Coinbase chose to go […]
DOTUSD Price Analysis – February 25 With the Polkadot (DOT) price up to around 10% in 7 days and 0.24% in 24hrs, all eyes are on the coin to deliver further gains. After DOTUSD recovered from the weekly low of $25.82 level the pair looks to sustain the advance beyond the $35.54 daily high. At […]
Key Resistance: 0.7460 Key Support: 0.7360 – 0.7340 -0.7287 Long Term View The NZD/USD has been in a massive bull market since the March 2020 lows, up 36.20% or 1979 pips. We have hit a mayor key level now. The last time the NU was trading at these levels was back in February 2018 and […]
XAUUSD Price Analysis – February 25 Gold (XAUUSD) continues to struggle to stay afloat selling pressure within a confined range below the $1800 level through the mid-European session. The XAUUSD pair altered south in the early trading hours of Thursday and dropped to a low of $1787. A modest pickup in the US Treasury bond […]
According to a recent 70-page report by Arcane Research in conjunction with Bitstamp, Bitcoin (BTC) is the future of collateral in the finance industry. The report notes that Bitcoin is very similar to the internet, considering that it is a “blank canvas” on which developers can build creatively upon in any desired way. Originally, Bitcoin […]
Key Resistance 51500 – 5300 Key Support: 44900 – 44000 Long Term View Bitcoin is a buy asset and has been for a while. Swing trades against it have been horribly wrong in the past for a few big money managers. But we are traders so this doesn´t mean we can´t profit from downside moves […]
AUDUSD Price Analysis – February 25 The AUDUSD pair trades firm with a positive bias through the early European session on Thursday past the 0.8000 level. AUDUSD buyers stay focused beyond the 0.8000 thresholds confirming a 3 year high. The Aussie pair is boosted by upbeat data from Australia’s Private Capital Expenditure (Capex) data for […]
