Feeling Optimistic about the USD What’s in Store for the US Dollar? According to UOB Group’s FX analysts Quek Ser Leang and Peter Chia, the US Dollar (USD) could potentially continue its rise to 153.65. However, they also believe that the major resistance at 154.30 is unlikely to be breached. This news comes as a…
SUI Token Rebounds 10.52%: Increased Network Activity and Mixed Signals Introduction The SUI token has recently rebounded by 10.52% from a three-month low, indicating a surge in network activity and sending mixed signals to investors. This comes as the token processes more daily transactions than several major blockchain networks combined, making it a promising investment…
Asia’s MicroStrategy, Metaplanet Surges 13% to All-Time High Metaplanet, Asia’s leading microstrategy firm, has seen an unprecedented surge in its stock price, surging an additional 13% to reach an all-time high of JP¥ 6,650. This surge comes on the heels of the firm’s impressive weekly gains of 36% and monthly gains of 81%. CEO Michael…
BTC Upside Remain Capped Amid Headline Macro Risk and Inflation Concerns Introduction Bitcoin, the world’s largest cryptocurrency, has been facing challenges as its upside remains capped amid headline macro risk and inflation concerns. The cryptocurrency market has been volatile, with Bitcoin struggling to break past key resistance levels. Macro Risk One of the factors limiting…
Silver (XAG/USD) Struggles to Capitalize on Previous Rebound Introduction Silver (XAG/USD) is facing challenges as it tries to build on its recent rebound from the $31.25 area. The white metal is currently trading below the $32.00 mark, unchanged for the day, and is moving within a narrow band during the first half of the European…
Bitcoin Captures Institutional Attention The Rise of Bitcoin Bitcoin, the decentralized digital currency, has been making waves in the financial world in recent years. Initially considered a fad or a speculative asset, Bitcoin has now firmly established itself as a legitimate investment option for both retail and institutional investors. The cryptocurrency’s value has skyrocketed, reaching…
Wormhole’s Big Announcement: Changes Ahead for Blockchain Networks! What’s the Buzz About? Wormhole, the leading platform for interoperability between blockchains, has just dropped a bombshell on the crypto community. They have announced that by summer of 2025, they will no longer support several blockchain networks, including Terra, Oasis, Acala, and others. This news has sent…
If you are looking for stocks that are well positioned to maintain their recent uptrend… What is Byd Co. (BYDDY)? Byd Co. (BYDDY) is a company that has caught the attention of investors due to its recent price strength. It is one of the several stocks that passed through our “Recent Price Strength” screen, making…
