Dollar Falls After Inflation Data Eases Tapering Concerns

The dollar fell in early European trading Wednesday, pulled down to 3-week lows by dropping bond yields following an increase in US inflation in March was regarded as insufficient to persuade the Federal Reserve to change its stance. At 2:55 a.m. ET (0755 GMT), the Dollar Index, which measures the value of the US dollar […]

Bitcoin Price Plummets After U.S. Officials Recover Most of Colonial Ransom

The most well-known digital coin in the crypto world, also known as Bitcoin, can’t seem to catch a break and continue with its rapid price growth. Multiple events are to blame for the latest price slip after a brutal sell-off happening among cryptocurrencies. We cannot be certain what triggered it, but it may be linked […]

The IEA raises its estimate for oil demand as vaccinations improve the outlook

oil

LONDON (Reuters) – Vaccine rollouts are improving the outlook for worldwide oil demand, according to the International Energy Agency (IEA). But experts are also pointing out that increasing cases in some big oil-consuming nations indicate that recovery could be fragile. In its monthly study, the IEA said that demand is looking better. The huge problem […]

Ethereum appears to be speeding its transition to Proof-of-Stake, with developer Mikhail Kalinin publishing the chain merge specifications with Eth2.

eth

Ethereum’s developers seem to be driving the move of the network to Proof-of-Stake consensus and away from the Proof-of-Work mining culture. On March 11, developer “Mikhail Kalinin” published specifications for the future blockchain of Eth2 merge with the current Ethereum network. The documentation states that a consensus upgrade from PoS to PoW would be enforced. […]

Ethereum options expire this month, suggesting that ETH’s upside is minimal

Ethereum price has been in the uptrend since the beginning of the year, but main options indicators indicate that overcoming the $2,000 mark would be a challenge. To date, the price of Ether (ETH) has increased by 85 percent in 2021, and options traders are still highly positive about altcoin’s short-term results. Over 96,000 ($172 […]

DOGE is catching up to r/Bitcoin on Reddit.

bitcoin

This week, behind r/CryptoCurrency and r/Bitcoin, R/Dogecoin was the third most successful crypto community on Reddit. Despite Dogecoin’s underperformance in relation to other big crypto assets this week, the DOGE group has been among the most involved on Reddit. r/dogecoin has been the third-most popular crypto community on Reddit this week, according to data gathered […]

Lockdown hits UK’s GDP less than expected, but Brexit batters trade

UNHCR (Reuters)- Britain’s economy decreased less than the January forecast predicted, as the nation reinstated the coronavirus lockdown, while trade with the European Union was condemned as new post-Brexit rules kick started. Gross domestic product was 2.9% lower than the numbers in the last month of 2020, according to numbers published by the Office for […]

BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, Connection price analysis 3/31

Bitcoin’s recent recovery and the stellar success of altcoins indicate that bulls believe BTC will retest its all-time peak. Goldman Sachs has announced plans to enable its wealth management clients to invest in cryptocurrencies and other digital assets, following in the footsteps of Morgan Stanley. Mary Rich, the global head of digital assets for Goldman […]

Marathon only mines ‘fully compliant’ Bitcoin transactions, according to the blacklist.

bitcoin-transactions

From May 1, Marathon intends to redirect all hash power to its latest, regulatory-compliant Bitcoin mining pool. Marathon Digital Holdings, a major American mining company, has announced the launch of the first North American Bitcoin mining pool that is “completely compliant with US regulations.” According to a March 30 announcement, the pool follows the Office […]

For the first time since 2013, Bitcoin has closed six consecutive monthly green candles.

Bitcoin’s last six monthly candles have all closed in the pink, tying its previous bullish monthly candle run. For the first time since April 2013, Bitcoin has closed six consecutive monthly green candles. If history repeats itself, Bitcoin may see even more parabolic gains this year. After six green monthly candles, Bitcoin closed at around […]

For the first time, the Oakland Athletics have sold a suite season ticket for Bitcoin.

The A’s was the first team in Major League Baseball to recognize cryptocurrency as payment for seats. The Oakland Athletics of Major League Baseball have sold their first crypto-purchased season ticket less than three weeks after they were first made available. On March 15, the Oakland Athletics, as they are affectionately known, unveiled an offer […]

Uniswap’s DeFi supremacy is being challenged by PancakeSwap (CAKE).

pankake-swap

PancakeSwap has risen to prominence as one of the most successful DeFi sites, and its Binance Smart Chain integration makes it a liquidity magnet when compared to competitors such as Uniswap and SushiSwap. Over the last month, nonfungible tokens have taken precedence over decentralized finance, but that hasn’t stopped the top DeFi projects from creating […]

BMW: the era of electric cars

It has been some time since the BMW CEO announced that his company is shifting its focus towards electric cars. However, before we speak about the new tendencies BMW will introduce in the nearest future, let’s have a quick look at electric BMW cars’ evolution.  It all began in the 1972 Olympics in Munich. Two […]

Is ADA the new Bitcoin?

The past couple of months have seen turbulence and volatility in the world of digital currency, as particular coins, like Bitcoin, soared in value and some of the others closely followed. The popularity is on the rise and a wide-spread usage can be seen on the horizon, as more and more companies accept the new […]

Oil Prices Plummet as the New Virus Strain Reinforces Fear

The year 2020 – a game-changer year is almost behind us, and as we continue to watch the unfolding of the ripple effect the pandemic created, new issues constantly keep emerging and disrupting the slow progression of the much needed global recovery. The sudden economic halt, worldwide lockdowns, strict curfews, governmentally issued restrictions made it […]

Two-thirds of Europeans Say Cryptocurrency Will Be Around in 10 Years.

Two-thirds of Europeans Say Cryptocurrency Will Be Around in 10 Years

Over 65% of Europeans agree that cryptocurrency will be around over the next decade. Based on digital currencies gaining more trust and recognition from investors around the world. 66% of Europeans Think Cryptocurrency Will Be Around In A Decade More Europeans agree that cryptocurrencies are here for the long term. This was included in a […]

Trading in Coronavirus Times: Trading Covid-19

Coronavirus Trading

I don’t play it tactically when it comes to trading with COVID-19, wondering how stocks, bonds, and other assets and asset classes can pass. I’m not an epidemiologist, virologist, immunologist, or any kind of medical professional, so I don’t have experience or informed opinion on how it’s likely to be played out. I just want […]