Fri, January 27, 2023

USD trading

BTC dips to $44K

Warren Buffett’s BTC Strike – Crypto Prices Fall

BTC/USD has a hard time climbing above $38,000. Warren Buffett’s recent ridicule of the number one cryptocurrency has made it even harder to maintain that resistance level. Bitcoin fell again on Tuesday, totaling 1.4% due to a decrease of more than 5% per week. The world’s leading cryptocurrency has taken over the rest of the cryptocurrency market. …

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Gold bars

Gold prices hover to 4-week low on rate hike worries

On Monday, gold prices slipped to their lowest in four weeks. The downturn came amid the prospects of aggressive policy tightening by the US Federal Reserve, denting the precious metal’s appeal. As of writing, bullion futures declined 1.92% or 36.70 points to $1,897.10 per troy ounce. The contract followed a drop of 0.71% to $1,934.30 …

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Ethereum Shifts Red Below $3.4K - What to Expect

Ethereum Shifts Red Below $3.4K – What to Expect

Ethereum struggled to gain momentum at resistance levels of $3,525 and $3,530. ETH reached the $3,525 level and started a significant decline. Price dropped below $3,450- $3,420 support level. There was also a move to the $3,400 level and 100 hours simply moving below the intermediate level. Eventually, a sharp drop was recorded to the level of …

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Bank of Japan Calls on G7 Countries for Crypto Regulations

Bank of Japan Calls on G7 Countries for Crypto Regulations

A senior Bank of Japan official warned the G7 countries that a common framework for regulating digital currencies should be created as soon as possible. The G7 assigns to the team of Seven an intergovernmental political forum. Therefore, it includes the following countries: Italy, the UK, Germany, Japan, Canada, France, and the USA. The statement …

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The Rand Of South Africa Weakening As The Dollar Strengthens

The Rand of South Africa Weakening as The Dollar Strengthens

The rand fell off a five-month high versus the dollar early Monday as the greenback rallied;  China’s reimposition of a lockdown impacted risk-taking in Shanghai. The rand (USDZAR) was trading at roughly 14.6100 per dollar at 0605 GMT, down 0.43 percent from its closing on Friday, when it hit 14.4738, its highest level since Oct. …

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BTC Hits $43.5K – Terra $125M Bitcoin Buy-ins Gathering Pace

BTC returned $43,000 on March 24th. Terra’s new acquisitions of the Blockchain protocol sparked optimism. According to reports, BTC/USD tried to break and secured its highest levels on Thursday. The couple reunited the day before; Side effects in low time gave way to the top of the grind. This raised Bitcoin to $43,492. Terra was in the focus of …

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Bitcoin Grips $40K as Volume Clues at Multi-month BTC Arise

Bitcoin Grips $40K as Volume Clues at Multi-month BTC Arise

On March 18, Bitcoin reduced its consolidation range when the TradFi trading week ended at $40,000. Disseminated data showed that BTC/USD maintains $40,000 support overnight; the area marked by analysis on Thursday is crucial. Macro hints declined after confirmation of the US Federal Reserve rate hike; the lack of new triggers from Europe puts the markets in …

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