The Depressing Downward Spiral of Ethereum Price Introduction The Ethereum price has been closing mirroring the performance of Bitcoin recently and since the Bitcoin price has been on a downtrend, the ETH price has followed. However, Ethereum on its own seems to possess more bearish fundamentals compared to Bitcoin, leading crypto analysts to believe that…
A Note on Oil Prices Factors Supporting Price Increase A note from ANZ outlines a number of factors supporting the price, which inched a little higher on Thursday. The risk on tone, technicals, 100-day moving average helped stem the flow of selling in WTI. The nine-day relative strength index also showed that the recent selloff…
Securities and Exchange Commission (SEC) Chair Slams Cryptocurrency Sector for Lack of Disclosure The Regulatory Crackdown on Cryptocurrencies Securities and Exchange Commission (SEC) Chair Gary Gensler has recently criticized the cryptocurrency sector for failing to provide adequate disclosure to investors, especially when compared to the traditional financial space. In a recent interview with CNBC, Gensler…
The Impact of ‘Higher for Longer’ Interest Rates and a ‘Stronger for Longer’ US Dollar on Asian Markets Japan: An Extreme Example The prospect of ‘higher for longer’ interest rates and a ‘stronger for longer’ US dollar has hit Asian markets particularly hard, with Japan serving as an extreme example of the challenges faced by…
Professionally Educated and Profit-Focused: A Look at Israel’s Prime Minister Benjamin Netanyahu Description: Prime Minister Benjamin Netanyahu says Israel will defend itself alone if necessary amid growing international criticism of the war in Gaza. “If we have to stand alone, we will stand alone,” he said in a video message released on Thursday. He said…
Solana, Filecoin, and BlockDAG: Navigating the Cryptocurrency Market Solana Surges Amidst Market Turbulence Solana is currently navigating a fragile market, with recent gains pointing towards a potential price surge. The cryptocurrency has been gaining momentum in recent weeks, attracting the attention of investors and traders alike. With its fast transaction speeds and low fees, Solana…
Hong Kong Exchanges and Clearing Sees Increase in Listings from Middle East and Mainland China Market Sentiment Turns Bullish As the third-largest stock exchange in Asia, Hong Kong Exchanges and Clearing is experiencing a surge in listings from the Middle East and mainland China. This increase comes as market sentiment turns bullish, with investors eager…
Welcome to my blog! Maldives Foreign Minister’s Visit to India Background: Maldivian Foreign Minister Moosa Zameer is currently on his first official visit to India. This visit comes in the midst of strained relations between the two countries, following derogatory remarks made by some Maldivian ministers against Indian Prime Minister Narendra Modi. Minister’s Statement: During…
