Currency

The blockchain concise is about Solana, this Blockchain is energy efficient, low cost, and fast. This blockchain as well powers dApps globally.  SOL Defined This is a blockchain platform that uses proof of history tech to increase speed without jeopardizing security. Solana blockchain has become the fastest blockchain there is, through the help of its […]

Quick Take A new tax law will require maximum cooperation from Cryptocurrency providers. The decentralized nature of virtual currencies hampers the work of tax authorities. The European Union (EU), the supranational organization of Europe, will require cryptocurrency trading enterprises to abide by tax regulations to reduce the crime of tax evasion. The EU is implementing […]

More than 2 billion dollars was lost in the FTX disaster due to problems relating to a lack of liquidity on the platform. Within 3 days, about 80% of the value of the FTT token was lost. FTX was once seen as a survivor and a champion in the struggling market. What went wrong with […]

Fresh buying orders located the GBP/USD pair Today (Tuesday). This has brought some recovery from yesterday’s dip to a 3-days low. Nevertheless, GBP/USD has retraced a few pips Downwards from its daily height in the first part of the European trading period. As of now, the pair is being bought and sold beyond the 1.2000 […]

The creator of a Web3 Social video platform, which is known as Cheelee and a Web2 mobile App program known as NUTson has announced the establishment of a $200 million support fund aimed at supporting the crypto industry in turbulent financial times. The Founder of Cheelee and NUTson, Roman Alekseev, in a statement that he […]

EUR/GBP moves higher for the 2nd day in a row today (Monday). Also, it is now holding to moderate in-day profits during the opening hours of the European session. The pair is now positioned beyond the mid-0.8700s however lacks any follow-through buying confidence. The pair keeps attracting some assistance from bets for an increased policy […]

USD/JPY recorded moderate gains during the early hours of today (Friday). This saw the pair recovering some losses due to a CPI-induced dip towards 140.20. Nevertheless, the in-day uptick failed around 142.00s and the USD/JPY pair gave up most of its in-day gains, as it falls below 141.00 in the first part of the European […]

EUR/USD lost its footing and has fallen under the 1.000 price level during the early hours of today (Thursday). The short-term outlook reveals that this price decline is due to a lack of buyers. Nevertheless, the United States October CPI data will soon give a new direction to the pair. The risk avoidance situation helped […]

GBP/USD oscillates near the mid-1.1500s, this happened while the 4 days uptrend as buyers and sellers struggles during early Wednesday. The pair’s past gains can be related to the wide USD lack of upside momentum. The BOE Economist Huw Pill pointed out recession worries during panel discussion. He as well included that the Bank of […]

Gold appears to be putting an end to its downtrend. This is happening as the subdued United States Treasury yield provided some assistance. The United States Dollar rebounds strongly during a cautious market sentiment on Mid-term Election Day. Gold bulls stay optimistic as strong support lies at the $1,660 price level. XAU/USD price recently obtained […]