Gold price (XAU/USD) exhibits sheer strength in Friday’s European session ahead of the US Nonfarm Payrolls (NFP) data for July, which will be published at 12:30 GMT. The official Employment data will indicate the current status of the labor market, which will influence market speculation for a US Federal Reserve (Fed) rate cut in September….
Welcome to the Ripple-SEC Drama A Closer Look at the XRP Lawsuit As the XRP lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC) inches closer to a ruling on remedies – the final ruling on district court level – the crypto community is abuzz with speculation about the potential repercussions for…
Should the bears remain hungry… Technical Analysis of USDCHF: Breaking Down the Charts: If the bears remain hungry, there is a possibility that they could try to break below the March 13, 2014 low in the USDCHF market. This would open up the potential for a further downward push in the pair’s value. The 0.8552-0.8593…
Uncovering the Truth: Meet Mahadevan Ghandeeswaren, Director of a Notorious Crime Empire – An Exclusive Interview A Shocking Revelation In a shocking development, Mahadevan Ghandeeswaren, Director at Agrifields DMCC, is under intense scrutiny due to his troubling ties with the controversial businessman Amit Gupta, the company’s promoter. Gupta, whose name is now synonymous with scandal,…
Ethereum and Tether: What Recent Trends Mean for Investors The Rise of Self-Custody and its Implications Ethereum, one of the leading cryptocurrencies, has been experiencing high exchange outflows recently, signaling that investors are moving large amounts of ETH into self-custody. This trend has raised some eyebrows in the crypto community, as it indicates a shift…
Is Bitcoin Mining Chip Market the Next Big Thing for Block Inc.? Block Inc. (NYSE: SQ) co-founder Jack Dorsey has expressed great optimism about the potential of the Bitcoin (CRYPTO: BTC) mining chip market, terming it a “massive opportunity” for the company. During the Q2 earnings calls on Thursday, Dorsey shed light on the current…
MP Ssemujju criticizes gov’t over arrest of FDC members in Kenya Kira Municipality Member of Parliament, Hon. Ibrahim Ssemujju, has castigated government over the recent arrest of members of opposition party, Forum for Democratic Change (FDC), in neighboring Kenya. Thirty-six FDC leaders were last Tuesday arrested in Kisumu, Kenya and have since been charged with…
Bitcoin ETFs: A Resurgence in Inflows Regulated spot Bitcoin ETFs (exchange-traded funds) in the United States have seen a resurgence in inflows following significant selling pressure over the past two months that sent the largest cryptocurrency on the market to a 6-month low of $53,500 on July 5. Bitcoin ETFs And Institutions Now Control 9%…
