The latest developments surrounding Trump Coin (TRUMPUSDT) paint a rather uncertain picture. While the market had pinned its hopes on the approval of an ETF, that possibility has now been dismissed with the withdrawal of the application. Instead, the Trump team has shifted its focus to launching merchandise sales, which, while an interesting avenue, lacks […]
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Overview of the Recent Market Movements On Friday, the S&P 500 index reached a new historical high of 6131 but quickly entered a correction phase. Currently, the index is testing a critical support level in the range of 5990–6050, along with the 50-day moving average. The ongoing price action suggests that if the index consolidates […]
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Gold Weekly Forecast: XAU/USD Edges Lower Amid Fed Rate Changes As of December 20, 2024, gold prices are hovering around $2,604 per ounce, reflecting a modest daily uptick of 0.4%. This week, however, the metal recorded a decline of approximately 1.6%, driven by evolving monetary policies and economic indicators. Fed Rate Cut Pressures Gold Prices […]
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#cryptocurrency #gold #digitalassets #fintech #blockchain #innovation #economics #investment The BRICS countries continue to negotiate a new currency that will be backed by gold. Presumably, it will be a cryptocurrency, and this innovation will have a number of advantages as well as a number of disadvantages, the main of which will be serious obstacles to its […]
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Step 1: Understanding Trading Before you start trading, you need to understand the basics. Learn the basic concepts and principles of trading, such as assets, markets, exchanges, orders, etc. This will help you build a framework of understanding and get into the terminology of a trader. Example resources: 1. Larry Harrison’s book “Trading for Dummies.” […]
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#BitcoinAnalysis #CryptoMarket #BTCUSD #InvestmentStrategies Well-known trader Peter Brandt says, no matter how confident we are in the future, the market always brings surprises. And considering this, the expert believes that Bitcoin has reached the bottom and we are waiting for Chop fest in the near future. However, be prepared for a fair amount of volatility, […]
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#cryptocurrencies #investments #withdrawals #cryptocurrencymarket #Ripple #SEC #Bitcoin #Etherium #XRP #Cardano #Solana #investors #finance #volatility #cryptomarket #blockchain #technology #financialmarkets #regulation #innovation Over the past week, from July 22 to July 29, the cryptocurrency market faced several significant events that impacted the overall investment and withdrawal dynamics. As noted by analysts, withdrawals from cryptocurrencies reached a high […]
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A trading strategy for beginners on an hour time frame This simple trading strategy is perfect for beginners in the world of trading. What is important to consider? Intraday traders love to use this strategy. An hourly time frame chart allows you to fully identify potential opportunities and make trades. 1. Analysis. It is very […]
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#Markets #Economy #Inflation #USD/CAD #GBP/USD UK labor market data was released today. On the positive side, unemployment rose from 3.7% to 3.8% and the change in jobless claims in March was at pre-pandemic levels. But at the same time the average number of people employed over the last three months has risen. Most importantly, average […]
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#NFT #BTC #Bitcoin #Blockchain #Ordinals Ordinals has recently emerged in the cryptocurrency market, which allows the creation and sale of unique digital assets on the bitcoin blockchain using NFT technology. This has attracted the attention of many investors and cryptocurrency enthusiasts, as bitcoin has not supported the NFT standard until now, making Ordinals a unique […]
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