Hi Traders! Ethereum Short Term Forecast Follow Up and Update Recap of Previous Forecast On January 11th, I shared a post on our blog titled “Ethereum Short Term Forecast And Technical Analysis”. In this post, I outlined a setup and provided analysis on the current state of Ethereum. Let’s take a look at how this…
Market Update: Dow Jones Closes Positive Despite Early Pressure Nvidia Earnings Crush Expectations, Boosting Market Sentiment Yesterday, the Dow Jones finished the day positive despite some pressure for most of the day. There was no catalyst for the selling other than some general risk off sentiment due to impending Nvidia earnings. The company crushed expectations…
Former BitMEX Chief Arthur Hayes Predicts Bitcoin to Reach $70,000 A Bold Forecast in the Crypto World Former BitMEX Chief Arthur Hayes recently created a wave of excitement with his bold prediction that Bitcoin is on track to reach $70,000 in the near future. This optimistic forecast has come at a time when the world’s…
Revolutionizing On-Chain OTC Derivatives and Spot Trading: Orbs and IntentX Unite for a Game-Changing Partnership Description Layer-3 public blockchain infrastructure project Orbs has announced a strategic collaboration with IntentX, a leading OTC marketplace and trading terminal. With the partnership, Orbs continues to position itself as a major player in the fast-growing on-chain derivatives landscape. The…
The Importance of Central Bank Policies on Currency Markets Introduction The pair is now up 0.6% to 1.0880 levels as buyers will have more confidence in the break of the 200-day moving average (blue line) of 1.0827 now. The French PMI data came in with beats across the board, which is a welcome development for…
Bank of Japan Governor Ueda Discusses Japan’s Trend Inflation and Monetary Policy Decisions Service prices rising moderately Recently, Bank of Japan Governor Ueda has emphasized the trend of inflation in Japan, stating that service prices are continuing to rise moderately. This signals a positive shift in the economy, indicating a strengthening of the positive cycle…
Strong Fourth Quarter Performance Drives Revenue Increase for Coeur Mining, Inc. Fourth Quarter and Full-Year 2023 Results In a recent announcement, Coeur Mining, Inc. reported a strong fourth quarter performance that drove a 35% increase in quarterly revenue. The company highlighted impressive results from its operations at Rochester and Wharf, leading to a revenue of…
The Wall Street Journal’s Nick Timiraos on the FOMC minutes Introduction The Federal Reserve officials have expressed their concerns at their recent meeting regarding the timing of cutting interest rates. In the minutes of the Jan. 30-31 meeting, it was noted that most participants highlighted the risks of moving too quickly to ease the policy…
