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Bitcoin Whale Transaction: BTC Price Drops $800 As Whale Transfers 1,800 BTCs To Binance!

Bitcoin Whale Transaction: BTC Price Drops $800 As Whale Transfers 1,800 BTCs To Binance!

Image Source: DepositPhotos 90 minutes ago, a giant whale/institution reportedly deposited another 1,800 BTCs worth $106 Million to Binance. Moreover, this recent transaction has led to the price of Bitcoin dropping from $63.8K to $63K within a short period. Collectively, over the past seven days, this whale has deposited a total of 5,281 Bitcoins worth $323 […]
Forex Today: Stocks In USA And Japan Power To Record Highs

Forex Today: Stocks In USA And Japan Power To Record Highs

Global stock markets had a strongly bullish day yesterday, with major indices in the USA and Japan climbing firmly to reach new all-time high prices. The past day has been bullish for stock markets. After closing above 20,000 for the first time on Tuesday, the NASDAQ 100 Index rose strongly to close near 20,200 and trade at […]
Bitcoin Has Fallen Below $60,000. Silver Prices Reached A 2-Week-High

Bitcoin Has Fallen Below $60,000. Silver Prices Reached A 2-Week-High

At the end of Wednesday, the Dow Jones Index (US30) was down 0.06%, while the S&P 500 Index (US500) was up 0.51%. The NASDAQ Technology Index (US100) closed positive 0.88%. Stock indices traded mixed during the shortened holiday session, with the S&P 500 (US500) and NASDAQ (US100) setting new record highs. The US stock indices are closed today due to the Independence Day holiday in […]
NZD/USD Remains Above 0.6100 Due To Rising Expectations Of Fed Rate Cuts

NZD/USD Remains Above 0.6100 Due To Rising Expectations Of Fed Rate Cuts

 Image Source: Pixabay   NZD/USD gains ground as US Dollar improves on rising odds of Fed rate cuts in 2024. The US ISM Services PMI dropped to 48.8 in June, marking its steepest decline since April 2020. Fed’s Austan Goolsbee stated that bringing inflation back to 2% will require more time and data. NZD/USD extends its […]
EUR/USD Turns Quiet With US NFP And French Elections In Focus

EUR/USD Turns Quiet With US NFP And French Elections In Focus

 Image source: Pixabay   EUR/USD trades in a tight range as investors shift focus to the US NFP and French elections outcome. Investors remain uncertain about when the ECB will cut interest rates further. US labor market conditions appear to have started releasing heat. EUR/USD consolidates in a tight range slightly below the round-level resistance of […]
EUR/GBP Forecast: Choppy Ahead Of Elections

EUR/GBP Forecast: Choppy Ahead Of Elections

The euro tried to rally a bit during the trading session on Wednesday, but at this point we are still hanging around the same gap that we had formed a couple of weeks ago. This does make a certain amount of sense because we are still looking at the European elections, especially France. But we […]
FX Daily: The Only Fireworks Are In The US

FX Daily: The Only Fireworks Are In The US

Image Source: Unsplash  An ISM services collapse sent the dollar weaker into today’s Independence Day holiday, and there is growing speculation of VP Kamala Harris replacing Joe Biden as a Democratic candidate. Friday’s payrolls may also be soft. On the other side of the Atlantic, EU peripheral spreads are tightening and the UK election may have a very […]
Market Briefing For Thursday July 4

Market Briefing For Thursday July 4

Softer economic numbers allowed yields to completely reverse the recent thrusts higher, so that’s unwound and helps view of the coming friendlier Fed. depositphotos This half-day had more than 1 or 2 mega-caps rallying, and that’s fine. What we do care about are smaller-caps responding favorably to both lower rates (which helps business in general), but also valuation […]
AUD/USD Forex Signal: Inverse Head And Shoulders Hints At More Upside

AUD/USD Forex Signal: Inverse Head And Shoulders Hints At More Upside

Bullish view Buy the AUD/USD pair and set a take-profit at 0.6800. Add a stop-loss at 0.6600. Timeline: 1-2 days. Bearish view Sell the AUD/USD pair and set a take-profit at 0.6600. Add a stop-loss at 0.6700. The Australian dollar soared to its highest point since January after the weak ADP jobs report and Federal […]
Sensex Today Hits Record High, Tops 80,300 Mark

Sensex Today Hits Record High, Tops 80,300 Mark

Stocks in Asia rose Thursday after US shares touched a fresh peak as economic data supported the case for Federal Reserve rate cuts.A gauge for equities in the region gained for a fifth straight session as Japan’s Topix hit a record intraday high and shares in South Korea and Australia advanced.The S&P 500 rose to new highs […]