The EUR/USD has started the week on a positive note and has returned to around 1.1090 in the early hours of the Asian session on Monday. Investors are focused on the long-awaited policy decision by the Federal Reserve this week. Markets continue to debate the size of the potential rate cut.. According to CME’s FedWatch […]
What Is Dogecoin (DOGE)?
Dogecoin is, without a doubt, one of the most well-known cryptocurrencies worldwide, despite being originally created as a joke. Many people have been influenced by media attention and speculation around it, without realizing that, in reality, it is a cryptocurrency with no official roadmap or technological improvements and was created solely as a meme. Dogecoin’s […]
SEC Raises $4.68 Billion from Cryptocurrencies Under 2024 Measures
The U.S. Securities and Exchange Commission has collected a significant $4.68 billion in fines from the cryptocurrency sector in 2024. This record marks an increase of approximately 3,018% compared to the fines collected in 2023. The SEC states that through fines, it is ensuring transparency, protecting investors, and enforcing compliance across the cryptocurrency industry. Terraform […]
U.S. Stocks Fall After Heated Harris-Trump Debate, CPI Data in Focus
U.S. stocks fell on Wednesday as investors analyzed the outcome of a heated debate between U.S. presidential candidates Donald Trump and Kamala Harris and awaited the release of new U.S. inflation data, which could influence the Federal Reserve’s upcoming monetary policy decision. The benchmark S&P 500 index and the tech-heavy NASDAQ Composite advanced in the […]
Daily Technical Analysis EUR/USD: Losing Ground on German Inflation and ECB Rate Cuts
The EUR/USD retreated on Tuesday after the latest inflation report in one of the eurozone’s most important economies, Germany, raised the possibility of an interest rate cut by the European Central Bank. The EUR/USD slipped to 1.1021, as the decline in German inflation fuels expectations of a 25 basis point rate cut by the ECB […]
0.5% Rate Cut Could Create More Stress for Bitcoin, Analysts Warn
Contrary to what many analysts believe, a rate cut by the Federal Reserve could cause panic and concern, leading to increased caution and potential disadvantages for Bitcoin and other investment assets. The U.S. Federal Reserve appears ready to initiate the long-awaited interest rate cut. As a result, both enthusiasts and analysts are focused on September […]
U.S. Stock Markets Moderate After Previous Session’s Rally
U.S. stock futures hovered around flat levels on Tuesday as investors looked ahead to the next inflation report and possible interest rate cuts by the Federal Reserve. The major indices rose on Monday, with traders seeking opportunities after last week’s sell-off, bolstered by a softer-than-expected August jobs report and disappointing manufacturing data. Markets are trying […]
Outlook for the Week of September 9–13
Key points to watch out for: European Central Bank to Cut Rates for a Second Time The European Central Bank’s carefully choreographed cycle of rate cuts got off to an awkward start in June following late-breaking data. Seeking credibility, policymakers had no choice but to proceed with the 25 basis point rate cut, even though […]
Dollar Stabilizes in Anticipation of Fed Rate Cuts
The US dollar remained stable on Monday, as investors waited for the Federal Reserve’s next interest rate decision, expected by the end of September. Meanwhile, the Japanese yen, a safe-haven currency, fell slightly, losing some of its recent gains amid uncertainty over the size of the Fed’s expected rate cut. Last week’s U.S. employment report […]
Giant Japanese Power Company Explores Bitcoin Mining with Renewable Energy
A subsidiary of TEPCO, Japan’s leading electricity provider, is using waste solar energy for Bitcoin mining. Tokyo Electric Power Company (TEPCO) is entering the Bitcoin mining sector. Through its subsidiary, Japan’s largest electricity supplier has begun using excess renewable energy for Bitcoin mining. Agile Energy X, a wholly-owned subsidiary of TEPCO, is conducting experiments using surplus solar power to operate […]