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Foreign Exchange

Stablecoin Market Flourishes: 6 Coins Fueling Market Cap Boom

Sep 30 2024 @ 17:26
The stablecoin market has experienced a significant surge this year, with its total market capitalization expanding by 30% from $130 billion to nearly $170 billion. This marks a new two-year high, reflecting a growing public appetite for cryptocurrencies as a viable alternative to traditional banking. As Paolo Ardoino, CEO of Tether, noted, “The global adoption […]
 

USDC Market Cap Hits 15-Month Peak

Sep 24 2024 @ 05:13
The stablecoin market continues to evolve, with USDC making a notable comeback. As of today, USDC’s market capitalization has reached a staggering $34 billion, marking its highest point since March 2023. This surge signifies growing confidence in the asset, but it still trails far behind USDT, which currently dominates the stablecoin market with a market […]
 

Genedrive Plc Price: GDR Downsizes, Pushes in Ranges at Lower Zones

Jun 19 2024 @ 22:51
It is clear that the activities that make up the presence of sellers and buyers in the bargaining of Genedrive Plc stock (LSE:GDR) have been subject to a downsizing trend, making the price now trade in ranges at lower zones of 2. The positional technical posture of the stochastic oscillators around the overbought area suggests […]
 

eToro Smart Portfolios introduces Vinter Bitcoin and Gold Index (VBOLD)

Mar 22 2024 @ 11:38
eToro, a leading online broker, has recently introduced the Vinter Bitcoin and Gold Index (VBOLD) Smart Portfolio, offering investors a unique opportunity to diversify their investment portfolio with a blend of two popular assets – Bitcoin and Gold. The VBOLD Smart Portfolio is designed to provide investors with exposure to the potential growth of Bitcoin, […]
 

Cornerstone Fs Price: CSFS Is Placing in Ranges, Contemplating a Reverse

Mar 17 2024 @ 16:56
A line of price actions has been cropping in to nullify most of the uprising forces in the market activities of the Cornerstone Fs Plc stock (LSE:CSFS), as the situation has revealed that the price has been placing in ranges, contemplating a reverse. In an attempt to emulate Like’s previous business practices, a new bending […]
 

Abundance Comparison: How Much More Silver Than Gold Exists?

Mar 15 2024 @ 16:49
Forget diamonds; silver might be the real “precious” metal! While it may have the nickname “poor man’s gold,” silver boasts a surprising rarity that throws the current market value into question. Geologists estimate that a mere 19 ounces of silver exist in the Earth’s crust for every 1 ounce of gold. That disparity shrinks when […]
 

ETHUSD Ongoing Retracement Ends as RSI Approaches Oversold Region

Feb 02 2024 @ 07:35
ETHUSD’s ongoing retracement ends as the RSI (Relative Strength Index) approaches an oversold region. From $1521.00, the price of ETHUSD began to increase in the bulls’ favour. This led to the successful invalidation of the previous swing highs that formed as the price crashed in August and September 2023. After the successful invalidation of the […]
 

BTCUSD Rally Faces Resistance and Consolidation, Signals Impending Downside

Dec 04 2023 @ 02:30
BTCUSD rally faces resistance and consolidation, signaling an impending downside. The second bounce off the rising trendline sparked a considerable rally, driving BTCUSD to the notable price level of $35000.00. Prior to the attainment of $35000.00, BTCUSD had formed a bullish order block around the $30000.00 psychological level. The impulsive momentum witnessed a decline as […]
 

ETHUSD Sets to Begin Its Reversal to the Downside

Dec 04 2023 @ 02:06
ETHUSD is set to begin its reversal to the downside as the distribution phase ends. Following the formation of the $2030.00 high, ETHUSD was immersed in the discount as the bulls exited the market. The downtrend that emerged as a result of the crash from the $2030.00 high ended as the price approached $1530.00. Owing […]
 

ETHUSD Shows Signs of Change in Trend

Nov 24 2023 @ 06:55
ETHUSD shows signs of a change in trend as the price fails to form higher highs. Since the formation of the major high at $2030.00, there has been a rapid decline. This caused a structural shift to the downside as the market’s bears drove prices into the discount zone. Following the breakout from the $1875.00 […]
 
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