Bitcoin (BTC) is falling sharply to reach lows of the beginning of November, leaving behind the bull run that boosted Donald Trump’s victory as a series of factors are causing risk-averse sentiment among investors. The largest and longest-standing cryptocurrency declined just over 8% in a 24-hour period on Tuesday morning (EDT) to trade at a […]
Markets on Edge as Trump Reaffirms Tariff Threats on Mexico and Canada
Markets remain tense as former U.S. President Donald Trump reiterated that tariffs on Mexico and Canada are still under consideration, with a decision expected by next Monday. Despite the looming deadline, investors have yet to fully price in the risks, although currency markets may react more sharply as the week progresses. “The dollar found firmer […]
Outlook for the Week of February 24-28
The financial markets are gearing up for a pivotal week ahead, filled with political and economic developments that could drive volatility across currencies, equities, and commodities. From the German elections’ impact on the euro to the critical US PCE inflation data, traders and financial professionals will want to keep a close eye on these key […]
Nasdaq Files Form 19b-4 for Canary Capital’s HBAR ETF Spot
Nasdaq has filed Form 19b-4 with the SEC to seek approval for the listing and trading of Canary Capital’s HBAR ETF spot. This investment fund aims to replicate the spot price of HBAR, currently the 21st largest crypto asset by market capitalization. This filing follows the October launch of the first HBAR Trust in the […]
Daily Technical Analysis: EUR/USD Strengthens Above 1.0450 Following Conservative Victory in German Elections
The EUR/USD pair is attracting buying interest near 1.0480 at the start of Monday’s session, advancing on optimism surrounding the German conservative victory. Traders are closely monitoring the final German election results. German Election Boosts Euro Initial exit polls indicated that the German opposition conservatives, the Christian Democratic Union (CDU) and its partner, the Christian […]
Litecoin Explained: The Faster, Cheaper Alternative to Bitcoin
In the world of cryptocurrency trading, there is a wide variety of options catering to different strategies, investment budgets, and user preferences. However, this was not always the case. In the early days, only a few digital currencies existed, with Bitcoin as the pioneer. Then, the market started asking: how can one buy Litecoin? Litecoin […]
Dollar Stabilizes Amid Prospects of Ukraine Peace Talks and Trump’s Tariff Threats
The U.S. dollar was steady on Wednesday as traders weighed the potential impact of U.S.-Russia peace talks over Ukraine and a fresh tariff threat from President Donald Trump. By 07:20 ET (12:20 GMT), the U.S. dollar index, which tracks the greenback against a basket of other currencies, was up 0.1% at 107.21, reclaiming ground after falling 1.2% […]
Daily Technical Analysis EUR/USD: Pair Falls as Risk Appetite Improves While Trump’s Tariffs Fuel Uncertainty
Against the dollar, the euro is down by more than 0.30 percent heading into Tuesday’s end-of-session, weighed down by a return of positive sentiment in the market during the North American session, with the S&P 500 hitting a new record high. As of this writing, the EUR/USD pair is trading at 1.0445, below the opening […]
SEC May Drop Its Appeal Against Ripple: John Reed Stark
The regulatory landscape for cryptocurrencies in the US is shifting, and a potential change in the Securities and Exchange Commission’s (SEC) position could reshape the industry. John Reed Stark, former Director of the SEC’s Office of Internet Enforcement, has warned that the agency may drop its appeal against Ripple Labs, a move that could have […]
Wall Street Rises Amid US-Russia Talks on a Possible Ukraine Peace Agreement
U.S. stock futures inched up on Tuesday as investors returned from a holiday-shortened trading week, closely monitoring diplomatic developments between the U.S. and Russia regarding the war in Ukraine. As of 06:11 ET (11:11 GMT), Dow futures rose 54 points (0.1%), S&P 500 futures gained 21 points (0.3%), and Nasdaq 100 futures climbed 86 points […]