Sat, April 20, 2024
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Quick Look: Tether (USDT) restructures into four new divisions to

Cryptocurrency

Quick Look YOUR AI Protocol aims to revolutionize the $8.8

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

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

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Tether
Cryptocurrencies

Quick Look: Tether (USDT) restructures into four new divisions to harness tech

Cryptocurrency and illegal activities
Cryptocurrency

Ripple Receives Major Payment Institution License In a significant development for the

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Weekly Market Overview: Forex, Stocks, Crypto, Commodities. Kucoin

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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USD/JPY economy, Japanese Yen Rose Against U.S. Dollar Due to Risk-off Wave

USD/JPY Nears 152 Amid US Jobs Data Anticipation

Quick Look: USD/JPY approaches 152.00, with support at 151.20, hinting at further gains. Technicals show USD/JPY bullish above 150.50, with critical supports at 151.20 and 150.65. Market watchers for potential Japanese intervention around the 155.00 level. Upcoming U.S. jobs

AUD - Dollar, Economy and First recession in nearly 30 years

AUD Surges: Economic Optimism & Fed Insights Propel Rise

Quick Look: AUD gains against US Dollar amid economic optimism and ahead of US Initial Jobless Claims. Economic indicators show Australia’s robust economic performance, with services and composite PMI rising. US shows mixed economic signals; Fed officials signal readiness

NZD/USD - NZD USD digital trading chart.

NZD/USD Edges Up 0.55%, Yet Bears Dominate

Quick Look: NZD/USD edges higher by 0.55%, still under bearish control. Daily RSI at 44; Hourly RSI peaks at 76, hinting at short-term bullishness. Trades below key SMAs; bearish Measured Move pattern suggests targeting 0.5800s. US Services PMI miss

USD - Reflections and lessons learned

Currency Update: USD Weakens, EUR and GBP Rally

Quick Look: USD Index drops to 104.00, weakened by subpar economic indicators, hinting at investor unease. Euro and Pound gain on optimism, breaking key technical levels. WTI crude >$86/bbl, Gold nears $2,300/oz, Silver >$27/oz. Influences market sentiments with varied

Genesis, Gemini

Genesis’s $4.2B Move: Bitcoin Buys & GBTC Sales Amid Debt

Quick Look: Genesis acquires 32,041 Bitcoins for $2.1 billion, aimed at debt settlement. Sold 36 million GBTC shares for $2.1 billion, enhancing liquidity. Opposition from DCG in bankruptcy proceedings highlights plan complexities. Strategic moves align with the upcoming Bitcoin

Bitcoin, bch

BCH Jumps 10% to $660 After Halving, Eyes on BTC

Quick Look: Bitcoin Cash (BCH) surged 10% post-halving, hitting $660. The BCH halving reduced mining rewards from 6.25 to 3.125 BCH. Bitcoin (BTC) is anticipated to have its halving on April 20, sparking bull market speculations. Mixed performances noted

Pendle Crypto Market

Pendle’s DeFi Trading Soars to $10B And TVL Hits $4B

Quick Look: Pendle divides yield-bearing assets for independent trading, reaching a TVL of $4 billion. Record single-day trading volume of $400 million highlights its market influence. Points Trading feature allows loyalty point trading with up to 128x leverage. Pendle

Is solana dead? SOL Price Prediction

Solana Outpaces Market with 5.75% Surge to $192

Quick Look: Solana (SOL) sees a 5.75% increase to $192, outperforming the broader crypto market’s 2.2% rise. Memecoins, including Cat in the Dog’s World (MEW), show significant volatility, soaring by 45%. Total Value Locked (TVL) in Solana’s ecosystem will

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Tether

Tether’s Strategic Pivot: Merging AI And Blockchain

Quick Look: Tether (USDT) restructures into four new divisions to harness tech advancements and align with long-term goals. $427 million invested in AI via Nvidia GPUs. $500 million in Bitcoin mining operations in Uruguay, enhancing blockchain capabilities. Partnerships, like Plan B in Lugano, focus on boosting digital literacy and

What Is Keeping Web3 from Adoption?

According to the CEO of Trust Wallet, W3 faces three obstacles to being massively adopted. He mentioned that the present bear market may provide the Web3 sector a chance to resolve customer issues before the next bull market. Web3 may someday see widespread acceptance, but Trust Wallet CEO

Bitcoin

Crypto Market Overview: How Is Bitcoin Performing?

The prawns of the crypto world have joined the whales in their final stop to dispel the Bitcoin winter. The two opposing groups are HODLers — investors who hold bitcoin as a long-term supply and refuse to sell their assets — determined to fight off the shorts despite

Biggest cryptocurrency thefts

Top Cryptos to Check this Week: BTC, RUNE, SAND, DOT, ZEC

BTC was relatively quiet over the weekend. This even indicates that traders are playing safely and are not placing big bets until the upcoming meeting of the Federal Open Market Committee. Material Indicators have warned that Bitcoin could fall; However, they advised investors to be prepared to buy

Ubisoft's New NFT Project is Causing Hatred – Here’s Why

Ubisoft’s New NFT Project is Causing Hatred – Here’s Why

Ubisoft’s new NFT project faces strong opposition from the Quartz gaming community. Ubisoft released a beta version of Quartz on December 8 via YouTube Video, with over 214,000 views. The project aims to integrate blockchain technologies and NFTs with existing Triple-A game titles. Tom Clancy’s Ghost Recon Breakpoint

Tether

Tether’s Strategic Pivot: Merging AI And Blockchain

Quick Look: Tether (USDT) restructures into four new divisions to harness tech advancements and align with long-term goals. $427 million invested in AI via Nvidia GPUs. $500 million in Bitcoin mining operations in Uruguay,

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