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Archives by Year:
Exploring Solana’s Memecoins Scene: ATH Volumes, Unsuccessful Transactions, & Rug Pulls
CoinGecko’s data shows Solana (SOL) as the blockchain of choice for 2024. That follows the latest meme coins-led bull run. Nevertheless, the blockchain witnessed eye-catching triumphs and inherent issues, attracting judgment from critics.While Solana’s trading volume remained elevated, around 80% of the transactions were unsuccessful.Further, innocent investors looking to capitalize on the astronomical price surges lost millions […]
US Dollar Closes Its Second Straight Winning Week As Markets Prepare For PCE Data
The GBP/JPY retreats deeper below the 190.00 figure after hitting a 9-year high of 193.55, as buyers fail to push through the latter and aim toward the 194.00 mark. At the time of writing, the pair traded at 190.69, down 0.61%. GBP/JPY Price Analysis: Technical outlookDespite falling, the GBP/JPY remains upward biased despite posting losses. The […]
Technical Market Report – Saturday, March 23
The good news is:The Dow Jones Industrial average (DJIA), S&P 500 (SPX) and NASDAQ composite (OTC) all hit all time highs last Thursday and the Russell 2000 (R2K) hit a multi year high. The NegativesThe first chart covers the last 6 months showing the OTC in blue and a 10% trend (19 day EMA) of NASDAQ […]
Forex And Cryptocurrencies Forecast For March 25 – 29
EUR/USD: Switzerland Strengthens the Dollar● The key event of the past week was undoubtedly the FOMC (Federal Open Market Committee) meeting of the US Federal Reserve on March 20. As expected, the American Central Bank unanimously decided to maintain the key interest rate at its highest level in 23 years, 5.50%, for the fifth consecutive […]
Do You Need Credit Even After You Retire?
Image Source: DepositPhotosAfter decades of work, you may be ready to put your credit profile to rest. Who needs credit after they retire?You do—you need credit even after you retire. There are multiple reasons, and we will discuss them right here. Why Credit is Important, EverFor starters, let us go back a couple of years (not much more […]
AUD/USD Weekly Forecast: Upbeat Data Ignites Dollar Strength
The AUD/USD weekly forecast shows bearish prospects as the dollar flexes its muscles once again, fueled by the resilience of the US economy. Ups and downs of AUD/USDAUD/USD had a bearish week where the RBA was less hawkish. Notably, the Reserve Bank of Australia held rates on Tuesday and took on a more neutral tone, reducing […]
Week Ahead: Enthusiasm For The Dollar Rekindled
Image Source: DepositPhotosLast week will be remembered for several things. First, the Bank of Japan lifted its interest rate target for the first time in 17 years and formally ended its Yield Curve Control and ceased buying ETFs. The yen sold off and the dollar approach the 2022 and 2023 cap slightly below JPY152. Japanese […]
GBP/JPY Price Analysis: Retreats From Nine-Year Peak Below 191.00
The GBP/JPY retreats deeper below the 190.00 figure after hitting a 9-year high of 193.55, as buyers fail to push through the latter and aim toward the 194.00 mark. At the time of writing, the pair traded at 190.69, down 0.61%. GBP/JPY Price Analysis: Technical outlookDespite falling, the GBP/JPY remains upward biased despite posting losses. The […]
3 Top-Ranked, Market-Beating Stocks To Buy
The S&P 500 and the Nasdaq ripped higher after the Fed signaled on Wednesday that three interest rate cuts were still on the table in 2024. Wall Street is now more hopeful about rate cuts starting in June or July vs. September or beyond.Of course, healthy pullbacks will be thrown in throughout 2024. But as […]
US. Crude Oil Export Surged To New Record In 2023
Fresh on the heels of a new U.S. oil production record and establishment of the U.S. as the world’s top liquefied natural gas (LNG) exporter, this week the Energy Information Administration reported that the U.S. exported a record amount of crude oil in 2023.The U.S. has exported small amounts of crude oil for over 100 years, despite being a net importer […]
