Facing Sideways Trading in Forex Markets What Does the Future Hold? As we navigate the tumultuous waters of the forex market, it seems that further sideways trading is on the horizon. Analysts at UOB Group, Quek Ser Leang and Lee Sue Ann, suggest that we may see a range of 0.6240 to 0.6295 in the…
Is Ethereum’s Price Drop a Sign of Trouble? What’s Going on with Ethereum? Recently, Ethereum’s price has taken a hit, dropping by more than 5 percent in the last month alone. This has left many investors wondering whether this is just a temporary blip or a sign of more trouble to come. Flirting with Support…
Cryptocurrency Exchange Kraken Donates $111,111 in Bitcoin to Silk Road Founder Ross Ulbricht A Helping Hand for Ross Ulbricht Cryptocurrency exchange Kraken has made headlines by donating $111,111 in Bitcoin (BTC) to support Silk Road founder Ross Ulbricht. Ulbricht, who has been incarcerated for years, is set to be released in the near future, and…
Davos 2025: The Debate Over a US Bitcoin Reserve The World Economic Forum Sparks a Controversy During the recent World Economic Forum in Davos, the topic of cryptocurrencies took center stage in a session titled “Crypto at a Crossroads.” The idea of establishing a strategic bitcoin reserve in the United States was introduced, drawing both…
Swedbank AB (publ) (OTCPK:SWDBF) Q4 2024 Earnings Conference Call Company Participants: Annie Ho – Head of Investor Relations Jens Henriksson – President and Chief Executive Officer Jon Lidefelt – Chief Financial Officer Rolf Marquardt – Chief Risk Officer Conference Call Participants: Magnus Andersson – ABG Martin Ekstedt – Handelsbanken Gulnara Saitkulova – Morgan Stanley Tarik…
Pudgy Penguins (PENGU) soars as the market’s top gainer! Recently, the cryptocurrency world has been abuzz with the news of Pudgy Penguins (PENGU) experiencing a significant surge in value. In just the past 24 hours, PENGU has seen a remarkable 6% increase in value, propelling it to the top spot as the market’s top gainer….
In a recent interview with CNBC’s Squawk Box, Goldman Sachs CEO David Solomon shared his perspective on Bitcoin and its relationship to the US dollar. David Solomon’s Thoughts on Bitcoin During the interview, David Solomon discussed the volatile nature of Bitcoin and its potential impact on the US dollar. He expressed caution about the digital…
US Dollar Steadies as Unemployment Claims Hit 221K Impact on GBP/USD and EUR/USD The US dollar has managed to stabilize as unemployment claims hit 221K, causing ripples in the Forex market. The GBP/USD and EUR/USD pairs have been particularly affected by this development, with traders closely monitoring market sentiment for further shifts. Unemployment claims in…
