Bullish Consolidation: Oil Price Approaching $80.00
Bullish Consolidation: Oil Price Approaching $80.00 On Wednesday, we saw a jump in the price of oil to the $80.64 level. The price of natural gas was under pressure yesterday at $1.90, after which we saw a bearish impulse and a drop
EURUSD and GBPUSD: EURUSD slips to support at 1.09300 level
EURUSD and GBPUSD: EURUSD slips to support at 1.09300 level Yesterday, we saw EURUSD pull back to the 1.08677 support level, after which the pair started a bullish consolidation and recovered to 1.09558 levels. This week, we have seen a constant bullish
Memecoin Sector Surges 84% in Past Week, Outperforming Red-Hot AI Tokens
The memecoin sector has taken center stage in the midst of a bullish crypto market, outperforming even red-hot AI tokens. Industry sectors such as Layer 2s, which are crucial for scaling blockchain for mainstream use, and the intersection of crypto and
VARA’s CEO Predicts Boom in UAE Crypto Market Post FATF Grey List Exit
Matt White, CEO of Dubai’s Virtual Assets Regulatory Authority (VARA), sees the Financial Action Task Force’s removal of the UAE from the grey list as a positive move, clearing the way for increased crypto-related investments. After the UAE fulfilled its action
Binance’s ‘Crypto Perfume’ for Women Receives Industry-Wide Criticisms
Crypto exchange behemoth Binance has revealed a ‘crypto’ luxury perfume in a move to lure more women into the digital asset space. The fragrance was unveiled in conjunction with the International Women’s Day. Rachel Conlan, Chief Marketing Officer at Binance, calls
Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy
The U.S. Federal Reserve Chair Jerome Powell has made it clear to the Senate Banking Committee that the Fed has no imminent plans to launch a central bank digital currency (CBDC). During the hearing, Powell elaborated on the Fed’s current stance
Coinbase Says Value of Many AI Tokens is “Overstated” as Sector Surges 37% in Past Week
The artificial intelligence (AI) token market has experienced a surge in prices that, according to a research report from leading crypto exchange Coinbase, may be driven more by hype than actual utility. The report, authored by Coinbase research analyst David Han, highlights
Genesis and Winklevoss’ Gemini Discussed Merger Plans Before Collapse, Court Filings Show
Digital Currency Group (DCG) founder and CEO Barry Silbert proposed a possible merger of Genesis and Gemini according to an email exchange back in 2022, recent court filings show. Back then DCG owned the now-bankrupt crypto lender Genesis. If the proposed
Tether, NAPP of Uzbekistan Sign MoU to Explore Blockchain, Digital Assets
Tether, the issuer of the world’s largest stablecoin by market cap, USDT, is collaborating with the National Agency of Perspective Projects (NAPP) of Uzbekistan. NAPP is tasked with crypto regulation in the country. Tether Partners With NAPP Of Uzbekistan In a press release on
Pantera Capital in Quest for Funds to Acquire Solana from Bankrupt FTX Estate
Crypto asset manager Pantera Capital is seeking funding from major investors to purchase Solana (SOL) tokens at a discounted rate from the bankrupt FTX estate. SOL was often referred to as a “Sam Coin” because of its strong connection to disgraced