Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDILS Joe Biden’s victory in the presidential elections will lift risk-oriented currencies such as the Israeli shekel in the near-term. The US economic calendar will be quiet in today’s trading to make way for …
Daily Market Charts and Analysis November 12, 2020 Read More »
Cryptocurrencies step by step gained popularity in different parts of the world. Interestingly, a company called Robocoin placed a Bitcoin ATM in a Vancouver coffee shop. In 7 years, the number of crypto ATMs surpassed 11,000. According to CoinATMRadar, the estimated number of crypto ATMs around the world is about 11,665. Importantly, this reflects a …
It is hard to imagine the modem world without the internet. However, mobile internet is very expensive in some African countries. Importantly, the costs represent a challenge for most Africans. It is worth noting that, on average, African providers charge $3.30 per gigabyte. Interestingly, only the American continent has higher prices. Notably, since incomes in …
Importance of Mobile Internet in African Countries Read More »
Cuba was struggling to cope with problems even before the coronavirus pandemic. The cryptocurrencies have the potential to solve at least some of the connected with fiat currencies. Importantly, especially for a country that has to deal with the situation. Based on the information taken from Google Trends, Cuba now ranks second when it comes …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDPLN Coronavirus cases jumped to 300,000 in Poland on Thursday after it had seen 20,156 new cases, a record the country has never seen. However, the Polish government is insisting on keeping it open. …
Daily Market Charts and Analysis October 30, 2020 Read More »
It was a well-known fact that Google Play Music will cease to exist by the end of 2020. However, this week the tech giant started actually shut down parts of its cloud music service. Google wants people to start using YouTube Music. Importantly, the gradual shutdown started on October 12. The Google Play Music Store …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDSEK In the roller coaster this week, sources claim that US President Trump is actually interested in reopening talks for a new stimulus package for the country’s economy. Although uncertain, investors are optimistic, since …
Daily Market Charts and Analysis October 09, 2020 Read More »
Cryptocurrencies gained popularity in Africa. Nevertheless, crypto’s popularity attracted the attention of regulators. For example, South African regulators proposed regulations that would impose strict licensing as well as monitoring requirements, without recognizing cryptocurrency assets as legal tender. Regulators in another African country also would like to regulate crypto. Recently, Nigeria’s Securities and Exchange Commission (SEC) …
African countries have huge potential when it comes to the crypto industry. Interestingly, two African nations are among the top eight countries of the Chainalysis crypto adoption index. This fact once more underlines the popularity of cryptocurrencies in Africa. However, there are challenges as well. People should keep in mind that heavy-handed oversight could create …
Crypto Adoption in Africa, Regulations, and Risk Factors Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDILS The Federal Reserve’s chair Jerome Powell claims that the economy is showing signs of improvement. Although his notion was highly uncertain, he confirmed that there might have been an increase in economic activity …
Daily Market Charts and Analysis September 22, 2020 Read More »
On Wednesday, the Organization for Economic Cooperation and Development (OECD) upgraded its forecast for global economic output in 2020. According to OECD, the outlook improved slightly since June. It is no secret that the biggest economies in the world suffered heavy losses due to the coronavirus pandemic. However, the economic impact may not be as …
OECD Upgraded its Forecast For Global Economic Output Read More »
Ukraine is a former Soviet republic, that gained independence in 1991. This country located in Eastern Europe is a global leader in crypto adoption based on the information taken from the Global Crypto Adoption Index 2020. Let’s have a look at this index to learn more about top-performing nations. Interestingly, the second place belongs to …
Cryptocurrencies are quite popular around the world. According to the Global Crypto Adoption Index 2020, Ukraine is a global leader when it comes to crypto adoption. The second place belongs to Russia and third place to Venezuela. It is worth mentioning that, Chainlysis looks at three on-chain metrics. The first one is the total value …
Soybean demand rose for its 11th straight week on Tuesday to its highest since June 2018. Meanwhile, other agricultural commodities are anticipating heavy rains in coming months. Chicago Board of Trade added $9.74-3/4 a bushel earlier after touching a $9.77 high last seen in June 2018. Private exporters for the US commodity sold 318,000 tons …
Soybean Reaches 2018 Highs, Wheat Awaits Heavy Rains Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDPLN The US dollar has been declining against the Polish zloty for months now, but it looks like it won’t stop anytime soon. The pair’s 50-day moving average is still moving farther downward since …
Daily Market Charts and Analysis September 03, 2020 Read More »
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