Category Archive: Cryptocurrency, No picture
Onchainpay: A beginner’s guide to a cryptocurrency payment platform
Share this article Onchainpay.io is a comprehensive cryptocurrency payment gateway and all-in-one platform designed to streamline secure and efficient blockchain transactions. It offers businesses a robust suite of payment solutions, empowering them to accept crypto payments seamlessly. Tailored especially for high-risk industries like iGaming, gambling, e-commerce, and digital services, Onchainpay.io bridges the gap in traditional […]
Czech Republic abolishes capital gains tax on Bitcoin held over three years
Key Takeaways The Czech Republic has exempted Bitcoin held for more than three years from capital gains tax starting 2025. The legislation requires the assets not to be part of business assets to qualify for the tax exemption. Share this article The Czech Parliament has voted in favor of a proposed amendment that exempts capital […]
USD/CAD Surges To Near 1.4100 After US-Canada Employment Data
The USD/CAD pair advances to near the round-level resistance of 1.4100 after the release of the labor market data for November from both economies: the United States (US) and Canada.The US Nonfarm Payrolls (NFP) report showed that 227K fresh workers were added to the labor force, higher than estimates of 200K. The Unemployment Rate accelerated […]
The Energy Report: The OPEC Zone
Image Source: Unsplash Imagine if you will, a trading range, not so much based on fundamentals but your mind and imagination. A market twisted between expectations of demand that may fall in the future versus the tight supplies that could be right around the corner. A market that seems immune to geopolitical risks but continues to […]
US spot Bitcoin ETFs surpass Satoshi Nakamoto, becoming world’s largest Bitcoin holder
Key Takeaways US spot Bitcoin ETFs have accumulated approximately 1,104,000 BTC, surpassing Satoshi Nakamoto’s holdings. Bitcoin ETFs in the US have become the largest collective holder of Bitcoin globally. Share this article US spot Bitcoin ETFs have surpassed Satoshi Nakamoto to become the world’s largest Bitcoin holder, according to data compiled by Shaun Edmondson and […]
OPEC+ Countries Postponed Production Cuts Until Spring
Image Source: Unsplash The Dow Jones Industrial Average (US30) was down 0.55% at Thursday’s close, the S&P500 Index (US500) decreased by 0.19%, and the Nasdaq Technology Index (US100) fell by 0.31%. Liquidation of long positions and profit-taking before Friday’s release of the monthly payroll report negatively impacted stocks. In addition, hawkish comments from San Francisco Fed […]
Gold Prices Dip But Remain Supported By Fed Rate Cut Expectations
Image Source: Unsplash Gold prices dipped below 2,620.00 USD per troy ounce on Friday, marking a second consecutive session of decline. The value of the precious metal continues to be influenced by developments in US economic indicators and expectations surrounding the Federal Reserve’s monetary policy.Investor attention is particularly focused on the upcoming November US labor market […]
FX Daily: Dollar Awaits Incoming US Payrolls Data
Image Source: Unsplash The week culminates in today’s November NFP jobs report. Given expectations of a bounce back after last month’s weather and strike-hit figure of +12k, the market now probably sees less than 200k as a bad number and above 300k as a good number. The data will determine whether one-way positioning long the dollar […]
Who is David Sacks? Trump’s pick for White House AI and Crypto Czar is a Bitcoin investor
Key Takeaways David Sacks has been nominated by Donald Trump as the White House AI and Crypto Czar. Sacks invested in Bitcoin early on and he will be involved in regulating the crypto industry following Trump’s nomination. Share this article President-elect Donald Trump has nominated David Sacks as his White House AI and Crypto Czar. […]
XRP On-Chain Metrics Show Bulls Still In Control Despite The Price Correction
Image Source: Upsplash XRP’s 25% price drop reflects profit-taking after a 400% rally in November. On-chain metrics show strong funding rates and low retail sentiment, signaling bullishness. A bull flag pattern and RSI correction suggest potential for a bullish breakout. XRP has experienced significant volatility in recent days after a dramatic rally in November with its […]
