El Salvador Mines 474 Bitcoins Using Volcano Power, Boosting State Holdings El Salvador’s Innovative Bitcoin Mining Approach El Salvador has taken a bold and innovative approach to bitcoin mining by harnessing the power of the Tecapa volcano. Since 2021, the country has mined nearly 474 bitcoins, bringing the government’s total holdings to 5,750. This move…
US Consumer Inflation Data Preview What to Expect from the US CPI Report US consumer inflation data is due at 1230 GMT, which is 0830 US Eastern time. Earlier previews: TD preview the US CPI report due Wednesday Bank of America Headline April CPI forecast is 0.33% m/m & 3.4% y/y What will the S&P…
5 Cryptos That Could Make You Rich in 2024 Introduction With the current surge in market enthusiasm, finding the right cryptocurrencies for potential wealth gains in 2024 is on many minds. This article delves into five cryptocurrencies that are showing the promise of significant returns. Each selection is backed by compelling reasons that might just…
South Korea Implements Tough Cryptocurrency Regulations Introduction South Korea is gearing up to implement stringent regulations on cryptocurrencies in order to protect investors. The regulations will include conditions for listing and delisting virtual assets on exchanges to ensure transparency and security in the market. These rules are being put in place to encourage self-regulation in…
A Massive Ethereum Sell-off on the Horizon? The Oldest Whale Makes Waves It seems like the cryptocurrency market is never short on drama, and the latest headline involves Ethereum. The oldest whale in the ocean of digital assets has made a big splash by moving millions of ETH to Coinbase, causing quite a stir among…
Top Crypto Picks: Ran Neuner’s Strategies for Cryptocurrency Investments Ran Neuner’s Insightful Investment Recommendations When it comes to navigating the wild world of cryptocurrency investments, Ran Neuner is a name that many enthusiasts trust. As a seasoned cryptoanalyst, he has a knack for identifying emerging trends and potential market disruptors. In his most recent update,…
Feeling Lost in the Forex World? Let’s Break it Down! Understanding EUR/USD Price Movements What’s Happening at 1.0750-55 Level? So you’re new to the forex market and feeling a bit overwhelmed with all the numbers and jargon flying around. Don’t worry, we’ve all been there! Let’s break down the current situation with EUR/USD to make…
RBNZ survey reveals moderating short-term inflation expectations What the survey says According to the RBNZ Business Expectations Survey for Q2, respondents have lowered their expectations for CPI inflation in both the short-term and medium-term, while their long-term CPI inflation expectations have remained stable. Specifically, one-year-ahead annual inflation expectations have notably decreased by 49 bps, moving…
