Visa study reveals 90% of stablecoin transactions are done by bots and large-scale traders
May 06, 2024
Jeremy Parkinson
Cryptocurrency, No picture
A recent study conducted by Visa and Allium Labs suggests that the vast majority of stablecoin transactions are initiated by bots and large-scale traders, not genuine users.The dashboard, designed to isolate transactions made by real people, found that out of approximately $2.2 trillion in total stablecoin transactions in April, only $149 billion originated from “organic […]
Solana And Ethereum Rallying, Furrever Token Marks Presale Success With $10,000 Competition
May 06, 2024
Jeremy Parkinson
Finance, No picture
In the wake of a challenging week for the cryptocurrency market, several prominent coins, including Ethereum (ETH) and Solana (SOL), are signalling a potential recovery, showing resilience with two consecutive days of surges. As investor sentiment gradually improves, ETH and SOL have emerged as frontrunners in reclaiming lost ground, bolstering hopes of a broader market rebound. Amidst this backdrop, Furrever […]
Bitcoin’s blockchain has processed 1 billion transactions, 15 years after its creation
May 06, 2024
Jeremy Parkinson
Cryptocurrency, No picture
The Bitcoin network has achieved a significant milestone today by processing its one billionth transaction, marking a momentous occasion in the cryptocurrency’s roughly 15-year history.The milestone was reached on May 5, 2023, at 9:34 pm UTC, when transaction #1,000,000,000 was mined into block 842,241.This landmark event comes 15 years, four months, and four days after […]
Asia Open : Investor View The NFP Through An Optimistic Lens
May 05, 2024
Jeremy Parkinson
Finance, No picture
MARKETSInvestor sentiment in Asia is poised to start the week on a positive note, drawing strength from last week’s upward trajectory in global stocks, calmer currency markets, and declining global yields across the curve. This sets the stage for a potentially favourable day for Asian stocks.After experiencing losses in April, equities staged a rebound in […]
Asia Morning Bites – Sunday, May 5
May 05, 2024
Jeremy Parkinson
Finance, No picture
China’s Caixin PMI services and composite reports are set for release today. Indonesia reports growth data for the first quarter. Global Macro and Markets Global Markets: Friday’s soft US labour data has helped to boost rate cut expectations. A cumulative 45.8 basis points of easing is now priced into the December Fed funds futures contract, up from just 28.3bp before […]
WMA: Bitcoin Back Above $64,000, CZ Gets 4 Months In Prison
May 05, 2024
Jeremy Parkinson
Finance, No picture
Crypto Trends 29 April – 05 May 2024: Market Analysis and PerformanceThe crypto market closed a highly eventful week, seeing most cryptocurrencies go on a wild rollercoaster ride. In fact, many of them have been dipping in the red for most of this period. Only toward the weekend, most crypto assets recovered. Meanwhile, the market capitalization stagnates […]
Average Credit Score By Age In Canada In May 2024
What is the average credit score in Canada by age?
May 05, 2024
Jeremy Parkinson
Finance, No picture
This can result in higher borrowing costs and make it more challenging to manage your debt effectively.To avoid the burden of high interest rates, improving your credit score is crucial. As your credit score increases, you become more eligible for loans and credit cards with lower interest rates, saving you substantial money in interest payments […]
US Dollar Index Current Analysis And USDX Dollar Forecast
May 05, 2024
Jeremy Parkinson
Finance, No picture
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Palladium | XPDUSD Analysis, Trading Strategy And Forecast
May 05, 2024
Jeremy Parkinson
Finance, No picture
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Developing A New Trading Psychology
May 05, 2024
Jeremy Parkinson
Finance, No picture
It’s not well appreciated, but trading psychology is a developmental psychology. The issues we face as noobs are not the issues we face as experienced traders seeking to be consistently profitable, and those issues are not those we encounter after years of success. We evolve and our challenges–emotionally and in trading–grow with us.Yesterday I went […]