Euro and Yen Indices: Yen Index is rising above 760.0 level
Euro and Yen Indices: Yen Index is rising above 760.0 level On Friday, we saw the Euro index pullback to 1041.5, followed by a slight recovery and the market closing at 1042.8. The yen index climbed to a new March high this
EURGBP and EURCHF: EURCHF in retreat below 0.96000 level
EURGBP and EURCHF: EURCHF in retreat below 0.96000 level The previous week was very bearish for EURGBP, pulling back from 0.85650 to 0.85074. During the Asian trading session EURCHF falls below the 0.96000 level. EURGBP chart analysis The previous week was very bearish for
AUDUSD is under pressure below 0.66200, AUDNZD at 1.07472
AUDUSD is under pressure below 0.66200, AUDNZD at 1.07472 Last week’s high for AUDUSD was formed on Friday at the 0.66677 level. Last week’s growth of AUDNZD was stopped on Friday at the 1.07472 level. AUDUSD chart analysis Last week’s high for AUDUSD was
UK Financial Watchdog Limits UK Crypto ETNs to Professional Investors Only
The UK’s financial regulator will allow recognized exchanges to launch crypto asset exchange-traded notes (cETNs). Only professional investors, like investment firms and authorized credit institutions, will have access to these products, the Financial Conduct Authority said Monday. However, exchanges need to have
China’s Shandong Province Introduces Digital Yuan Loan for Entrepreneurs
China’s Shandong Province has introduced a digital yuan loan program for entrepreneurs, a step towards integrating digital currency in regional business practices. According to Beijing Business Today, Shandong’s capital city Jinan recently facilitated a digital yuan entrepreneurial guarantee loan in the
South Korean Crypto Exchanges Outpace Stock Market in Trading Volume Amid Bitcoin Rally
The recent Bitcoin rally has reignited a trading frenzy among South Korea’s crypto enthusiasts, with trading volumes on local exchanges surpassing those of the stock market last week. Reports from local media indicate that trading volumes on South Korea-based crypto exchanges reached a
Shiba Inu Price Prediction as SHIB Reaches $20 Billion Market Cap – $10 SHIB Possible?
SHIB has gained by as much as 12% in the past day, with the Shiba Inu price reaching a 24-hour high of $0.0000351 today. The meme token’s movements have pushed its market cap back to $20 billion, as the wider crypto
Arbitrum Community Reverses Decision on Funding Tornado Cash Developer Legal Defense
The Arbitrum decentralized autonomous organization (DAO) has retracted a proposal that aimed to provide financial support for the legal defense costs of Tornado Cash’s developers. The proposal, which called for the allocation of approximately $1.3 million worth of Arbitrum (ARB) tokens
Anti-Crypto Politicians Rally Against SEC’s Potential Approval of Spot Ethereum ETFs: Fox Reporter
Optimism surrounding the Securities and Exchange Commission’s (SEC) approval of Ethereum spot ETFs by May 23 is diminishing. In a recent post on X, Fox reporter Eleanor Terrett revealed that influential anti-cryptocurrency politicians, including Senator Elizabeth Warren, are actively opposing the
$46.86 Million Stolen in Crypto From Scams in February: Report
Web3 anti-scam solution company Scam Sniffer reported that February 2024 saw a staggering $46.86 million loss in cryptos to scams. Per the findings, a total of over 57,000 victims fell prey to various phishing scams. “Compared to January, the number of