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Bitcoin Exposed: Separating Fact From Fiction

Bitcoin Exposed: Separating Fact From Fiction

Image Source: Unsplash  When it comes to the crypto sector, how do you determine what’s fact and what’s fiction? John D’Agostino and Anthony Scaramucci discuss the future of Bitcoin and offer their advice on how to distinguish the truth behind crypto. In this episode of ‘Speak Up,’ Anthony Scaramucci speaks with John D’Agostino, Head of Strategy […]
GBP/USD, FTSE Edge Higher As Labor Wins The Election

GBP/USD, FTSE Edge Higher As Labor Wins The Election

 Image Source: Unsplash   No major fiscal policy change expected Ramifications for BoE appear limited, we will know more at the Autumn Budget GBP/USD edges higher FTSE rises with housebuilders leading the way The pound and FTSE are inching higher as the UK election results come in. Labor, as expected, won a landslide victory with 411 […]
Why Is The Ethereum Price Dropping? Will ETH ETF Approval Bring Reversal? 
                    
Bitcoin Spot ETF Launch: Historic Market Impact Analysis 

Why Is The Ethereum Price Dropping? Will ETH ETF Approval Bring Reversal? Bitcoin Spot ETF Launch: Historic Market Impact Analysis 

The post Why is the Ethereum Price Dropping? Will ETH ETF Approval Bring Reversal? appeared first on Coinpedia Fintech NewsRight now, Ethereum is going through a tough situation. Its price has fallen to a severe low of $2,875. In the last 24 hours alone, it has witnessed a fall of over 10.2%. This month is very crucial for […]
German Industrial Disappointment Continues

German Industrial Disappointment Continues

Image source: Pixabay  German industry disappointed in May, indicating that the entire economy could have fallen back into negative territory in the second quarter.In the first months of the year, optimism had returned to the German economy. Growth in the first quarter and improving confidence indicators as well as a large dose of wishful thinking had given […]
EUR/GBP Forex Signal: Euro Recovers Against Pound

EUR/GBP Forex Signal: Euro Recovers Against Pound

Potential signal If we can get a daily close above the 0.8520 level, I am a buyer. At that point, I would have a stop loss at the 0.8450 level, with initial target of 0.86 level, perhaps even only taking half profit there.  In my daily EUR/GBP analysis, I can see that the euro has initially […]
Oil And Natural Gas: Oil Is Moving Above The $84.00 Level

Oil And Natural Gas: Oil Is Moving Above The $84.00 Level

Oil chart analysisThe price of oil remains stable on Friday, continuing the bullish trend. On Wednesday, we had a short-term pullback to $82.50, after which the price quickly found support at that level. Yesterday, there was a return above $83.00; today, it is above the $84.00 level. During this morning’s Asian session, oil held above $83.50, and […]
Gold Maintains Upward Trend As Market Anticipates US Jobs Data

Gold Maintains Upward Trend As Market Anticipates US Jobs Data

Image Source: Pixabay  Gold prices have continued their ascent, with a troy ounce of the precious metal reaching USD 2363. This rise is primarily fuelled by anticipated US employment data for June, which could significantly influence the Federal Reserve’s rate decisions.Recent US economic indicators, including a contraction in the service sector and weaker-than-expected private sector employment […]
Rate Cut In July?

Rate Cut In July?

Last week, we noted that we were about to enter Q2 earnings season.“Speaking of earnings, analysts have been extremely busy over the last 30 days, slashing estimates. In June, Q2 earnings estimates for the S&P 500 index were cut by $5/share to the lowest level yet. Interestingly, while Wall Street continues to boast confidence in […]
The Turnaround

The Turnaround

S&P 500 dipped a little after weak ADP employment change, and then surged on disastrous services PMI. Bonds rose, and SPY rally broadened beyond tech towards the closing bell more significantly. As if it weren‘t broad in the first place, with high beta names run further strengthened by NVDA turning around.Objectively bad data (services PMI) was celebrated by […]
Plenty Of Economic Data

Plenty Of Economic Data

Image Source: Pixabay  Long dated US yields rose at the start of the week, as concern around Biden’s plummeting poll ratings, in the wake of the recent presidential debate, led investors to price in a Trump victory and a Republican clean sweep, with a probability exceeding 80%.Such an outcome would be fiscally expansive, with Trump committed […]