Tue, March 19, 2024
cryptocurrency - avalanche and others
Cryptocurrencies

At a Glance: Avalanche (AVAX) witnesses a significant price recovery,

XRP and regulations
Cryptocurrency

Quick Look XRP experiences a market correction entering 2024, with

Weekly Market Overview: Forex, Stocks, Crypto, Commodities
Cryptocurrencies

Zodia Custody has made a significant stride in digital asset management by

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cryptocurrency - avalanche and others
Cryptocurrencies

At a Glance: Avalanche (AVAX) witnesses a significant price recovery, soaring to

XRP and regulations
Cryptocurrency

Quick Look XRP experiences a market correction entering 2024, with a monthly

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Weekly Market Overview: Forex, Stocks, Crypto, Commodities

Zodia Custody: Crypto Asset Storage in Singapore

Zodia Custody has made a significant stride in digital asset management by launching its services in Singapore, a move aimed at capitalising on the burgeoning digital asset market in the country. Zodia Custody, a

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FOREX NEWS

FOREX NEWS

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AUD/USD

AUD/USD Drops 0.32% Ahead of Key Economic Events

Quick Look: AUD/USD declined by 0.32% on Friday, ending the session at $0.65595. Key economic indicators from China and upcoming interest rate decisions by the RBA and the Fed are in focus. Bearish signals on the daily chart with

Wibest EUR/USD – Euro: Close up shot of US dollar bills.

EUR/USD Dips to 1.0872 Amid Economic Shifts

Quick Look: The recent downtrend in EUR/USD – 1.0980, with current activity around 1.0885. Resistance and support levels identified are crucial for the next movements. Possible rate cut in June hinted by ECB’s policymakers; Economic events like the Fed

China Yuan Gains while the U.S. Dollar Continues Downfall

People’s Bank of China Sets USD/CNY at 7.0975

Quick Look PBoC sets the USD/CNY reference rate at 7.0975, defying the estimate of 7.2058. 1-Year MLF rate and 7-day RR maintained in China, signalling steady monetary policy. Net liquidity injection of 3 billion yuan amidst ongoing market regulation

Wibest – CHF Franc: New Swiss franc notes.

Swiss Franc Dynamics: USD/CHF Eyes Bullish Reversal

Quick Look USD/CHF trades between support at 0.8670 and resistance at 0.8810, hinting at a bullish reversal. Swiss CPI aligns with forecasts; SNB holds rates at 1.75%. US economic data shows mixed signals; however, USD dominance persists in the

cryptocurrency - avalanche and others

Avalanche Soars 55% to $61, Highest Since TerraUST Crash

At a Glance: Avalanche (AVAX) witnesses a significant price recovery, soaring to $55.40. A recent spike to over $61 marks its highest point since the May 2022 TerraUST crash. Avalanche’s Layer-1 blockchain offers high throughput and scalability, shaping future

Cardano (ADA) and its importance

Cardano Dips 9% in a Day, Launches USDM Stablecoin

Quick Look Cardano (ADA) has witnessed a significant price drop of over 9% in the last 24 hours, falling below $0.70. ADA’s trading volume dropped below $1 billion on March 16, signalling a decrease in trading activity and investor

Solana

Solana Hits 25-Month High: Eyes $250 Target

Quick Look Solana (SOL) witnesses a striking 14% increase in 24 hours, reaching a 25-month peak at $173.27. A substantial 51% price surge was observed over 30 days, with forecasts aiming for $250. RSI escalates to 80.50, hinting at

BROKER NEWS

cryptocurrency - avalanche and others

Avalanche Soars 55% to $61, Highest Since TerraUST Crash

At a Glance: Avalanche (AVAX) witnesses a significant price recovery, soaring to $55.40. A recent spike to over $61 marks its highest point since the May 2022 TerraUST crash. Avalanche’s Layer-1 blockchain offers high throughput and scalability, shaping future blockchain innovation. Showcases a robust 55% growth over the past

XRP and regulations

XRP 2024: -22.5% Monthly Dip, +22.4% Yearly Rise

Quick Look XRP experiences a market correction entering 2024, with a monthly decline of -22.5% but a yearly increase of +22.4%. Since its inception in September 2013, a $100 weekly investment in Ripple tokens could have grown to $1.44 million, marking a +2564% growth. Legal battles, including the

Is Bitcoin a hedge Contra Inflation?

Bitcoin Dips 0.27%, ETFs Surge with $600M Inflows

Quick Look Bitcoin slightly declined by 0.27%, closing at $49,710 after a previous rally. U.S. annual inflation rate decreased to 3.1%, with core inflation remaining at 3.9%. Bitcoin-related ETFs saw varied net flows, with iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund witnessing significant inflows. Ethereum shows

ETF Inflows Soar, Regulators Act, Crypto Mines Buzz

At a Glance BlackRock’s Bitcoin ETF garners $3.9 billion in inflows, making a historic mark in the U.S. ETF arena. Fidelity’s Bitcoin ETF follows closely with substantial $2.51 billion inflows. Ripple faces regulatory scrutiny, ordered to produce financial documents in an ongoing SEC lawsuit. Bitcoin miners’ reserve outflows

Cryptocurrency and illegal activities

Ripple Receives Major Payment Institution License

Ripple Receives Major Payment Institution License In a significant development for the cryptocurrency market, Ripple, a prominent player in the digital payments realm, has recently announced that it has received in-principle approval of a Major Payment Institution License from the Monetary Authority of Singapore (MAS), the country’s central

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