The US dollar continued its descent following the release of the latest Non-Farm Payrolls (NFP) report, despite the headline number surpassing market expectations. However, the significant downward revision of January’s data more than offset the positive February figures. In February, 275,000 new jobs were added, outpacing the market estimate of 200,000. Meanwhile, the previously reported […]
The USD/JPY pair extended its decline on Friday, reaching its lowest point since early February, amid increasing speculation that the Federal Reserve may be nearing greater confidence in inflation heading towards the 2% target, which could prompt the central bank to start lowering borrowing costs. The dollar’s subdued performance ahead of the weekend was exacerbated […]
Embarking on a freelance business can be both exhilarating and fulfilling. However, discovering a niche that aligns with your interests and yields profits can be challenging. One area that has gained traction in recent years is forex trading, which involves buying and selling currencies in the foreign exchange market. With the right approach, forex trading […]
The foreign exchange (Forex) market is the largest financial market globally, boasting an average daily trading volume of over $5 trillion. As a decentralized market, currencies are traded around the clock, five days a week. Over the years, Forex trading has gained popularity, with several traders achieving significant success in the market. This article will […]
A recent report has shed light on the Bitcoin assets held by Elon Musk’s companies, Tesla and SpaceX, and the profits they have garnered so far. Bitcoin Holdings of Tesla and SpaceX Revealed On Thursday, March 7, Arkham Intelligence, an AI-powered blockchain analytics platform, disclosed the Bitcoin holdings of SpaceX and Tesla—companies founded by X […]
Bitcoin’s price has declined by over 10% after briefly surpassing its all-time high of $69,000, largely driven by significant investor interest in BTC Spot Exchange-Traded Funds (ETFs). Despite this volatility, Bitcoin rebounded to the $68,000 level, signaling renewed positive sentiment and sparking predictions of a major rally to new heights. Key Narrative Could Propel Bitcoin […]
Bitcoin (BTC), the leading cryptocurrency, achieved a historic milestone by briefly surpassing the $70,000 mark for the first time ever. Although it faced resistance near this level, Bitcoin’s market capitalization soared to $1.3 trillion, reflecting its persistent upward trend. However, as the cryptocurrency confronts a double top in the same price range for the first […]
March 8, 2024 Despite the prevailing optimism about Bitcoin’s prospects, an analyst on X suggests that the recent bullish momentum may not sustain its pace. Drawing attention to changes in the Bitcoin log curves, the analyst anticipates the cryptocurrency will encounter resistance as it strives to climb higher. Bitcoin’s Upward Trajectory May Decelerate The analyst […]
Shiba Inu (SHIB) Gains Significant Traction Shiba Inu (SHIB) has seen a notable increase in popularity recently, marked by a rise in the number of new addresses being created. This expansion could potentially lead to a surge in SHIB’s price and possibly a new all-time high (ATH). Market Intelligence platform IntoTheBlock reports that SHIB has […]
