ADVFN Daily News

Currently, BTCUSD remains in a distribution phase following a recent two-week expansion. It was initiated by a rebound from a developing trendline in mid-October 2023. As a result, a significant downward retracement is looming. This period of consolidation reflects the market’s attempt to find stability after the recent surge. Prior to the surge, BTCUSD had […]

Despite their differences, bonds and crypto assets currently provide a similar annual yield. Bond yields rely on multiple factors, such as interest rates and credit ratings, while crypto staking involves earning rewards through network validation, entailing its unique risks. How Does Investment Yields? Yield stands as a crucial metric in investing, denoting the income generated […]

ETHUSD hits the major demand zone as the price retraces upward. Following the rapid expansion of ETHUSD in fractals to the upside in June and July 2023, the market’s environment changed to a bearish one. The price hit the $2030.00 resistance as it marked a new major high in the premium zone. As signaled by […]

BTCUSD continues its upward trend as major resistance levels fail. A change of character to the upside occurred on October 2, 2023, after which the price returned to a bullish order block. Following the formation of the major low at $26520.00, the bullish trend became evident as the price surged upward. The price is steadily […]

Decentralized finance, or DeFi, has been at the forefront of transformative changes within the financial industry over the years. Uniswap, one of the most renowned platforms in this field, has garnered a massive following among cryptocurrency enthusiasts. However, recent discussions within the Uniswap community have ignited a heated debate regarding the possible inclusion of Know […]

BTCUSD surges amid bullish momentum and eyes $36150.00 resistance. In April 2023, BTCUSD launched a sharp surge that took it to the $28661.00 supply area. After that, the price fell, only to start moving upward again after bouncing off at $24750.00. It invalidated the diagonal resistance on June 20, 2023. The upward trend persisted until […]

ETHUSD falls as the price gets rejected at the bearish order block. The market’s overall trend has been bearish since the price breakout from the premium zone in July 2023. A consolidation phase entrapped the market at the $1866.00 price level. ETHUSD formed a swing low at $1620.00 as a sign of weakness on the […]

In the ever-evolving world of cryptocurrencies, two intriguing paths to wealth enhancement emerge. They are crypto staking and yield farming. Each offers a distinctive set of benefits and risks, making it vital to explore and choose the one that aligns with your goals. Here’s a fresh perspective on these choices: Crypto Staking: Security and Stability […]

BTCUSD creates a new high despite a short-term decline into an oversold state. In March 2023, BTCUSD exhibited a significant upward surge. It was then followed by a consolidation period marked by a bullish pennant formation. All of this persisted until mid-June 2023. After this consolidation, the bullish momentum rekindled, propelling the price to reach […]

ETHUSD finally breaks the $1531.00 support after two months of consolidation. Before the beginning of the downtrend in July 2023, ETHUSD was in a consolidation phase. The market was fluctuating around the $1876.00 price level. In mid-June 2023, the price jerked downward, breaching the previous support at $1755.00. Followed by a massive expansion to the […]