The USDCAD Surges on Stronger Than Expected US CPI Data Overview The USDCAD moved higher this week, helped by a sharp rise yesterday after stronger than expected US CPI data and weekly initial and continuing claims. The price extended above a number of moving averages with the 100-day moving average at 1.3527 the final in…
The Avalanche Foundation’s Investment in Meme Coins A New Direction for Web3 Communities and Blockchain Innovation In a surprising move, the Avalanche Foundation has acquired five meme coins to show its support for Web3 communities and drive innovation in the blockchain space. The purchased coins – Tech, Coq Inu, Gecko, Kimbo, and NoChill – have…
The Current State of Yields in the Bond Market Rising Yields and Hot CPI Numbers: What Does It Mean? Yields have risen this week as CPI numbers stayed hot but that doesn’t tell the whole story. Many in the bond market are closely watching the Bank of Japan and that’s why yesterday’s weaker retail sales…
Which Crypto to Buy Today for Long-Term Growth? Introduction With the rise of cryptocurrencies, it can be overwhelming to decide which ones to invest in for long-term growth. The volatile nature of the market makes it difficult to determine which crypto will provide the best returns. However, careful consideration and research can help you make…
PancakeSwap Unveils Version 4: A Pancake Lover’s Dream Come True TL;DR: PancakeSwap has just launched version 4 of its platform, bringing a plethora of exciting improvements to the table. From custom functions to gas cost optimization, there’s something for everyone in this new release. What’s New? Hey there, fellow crypto enthusiasts! If you’re a fan…
Bitcoin long traders still leveraged at over $40 billion notional value above $50k The Current State of Bitcoin Derivatives Trading Recent data from Coinglass has revealed that the total notional value of leveraged long Bitcoin derivatives traders remains above $40 billion, despite a series of liquidations that have occurred in the market. Short positions are…
India’s Feb Trade Deficit Hits $18.71B, Exceeds Forecasts India’s trade deficit for February marked $18.71 billion, exceeding economists’ forecasts. Merchandise exports rose to $41.40 billion, with imports climbing to $60.11 billion. The government introduces incentives for EV manufacturing, including lower import taxes for significant investments. February painted a vivid picture of India’s trade… India’s economy…
BlockDAG’s Keynote Video Goes Viral as Ethereum Layer 2 Tokens Gain Interest and Avalanche Prices See Reversal Ethereum Layer 2 tokens are at the forefront of the evolving blockchain landscape, with AVAX making a notable impact in the realm of smart contracts. Dynamic Environment in Cryptocurrency World Amidst this dynamic environment, BlockDAG’s latest keynote unveiling…
