Sentiment analysis for Forex trading: The Basics

If placing successful orders is one of your main focuses as a trader, correctly identifying the trends is an absolute necessity. Forex demands a thorough and detail-oriented approach to the current market situation analysis. Traders usually utilize technical and fundamental analysis when trading. These types of analyses make the perfect balance between making individual trading […]

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

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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.

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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.

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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 […]

Top 5 Most Traded Currency Pairs in Forex

Currencies that are most traded world wide span across multiple continents and belong to different countries, some of the strongest economies on the globe. The list contains major forex pairs, with additional “safe haven” currency pairs and those who have historically maintained stable trade links. The foreign exchange market is considered the largest and most […]

Shell’s Profit Suffers in 2020 Due to Corona

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Royal Dutch Shell’s profit fell to its smallest level in 20 years as the Covid-19 pandemic affected energy demand all over the globe, with the firm’s retail network and trading entrepreneurship assisting to soften the fall. The oiling giant saw its yearly profits slump by 71 percent to $4.8b, as oil and gas manufacturing and […]

What Can You Purchase with Bitcoin?

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People can buy all sorts of weird things with the help of cryptocurrencies – porn, garden furniture and at-home testing kits for Covid-19. Over the past year, the worth of one Bitcoin has increased from fewer than $10,000 to over $30,000. Firms like Square and IBM are utilizing blockchain, the currency-founded tech, to create and […]

Another Bitcoin bullish rally? US Bitcoin exchange traffic sees surge

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The old adage of any publicity being good enough seems to be proven once more as Coinbase stays in the most popular 500 sites in the States and people just keep jumping on the bandwagon. BTC exchanges in the US are experiencing fantastic demand as cryptos see a surge in adoptions in the marketplace. Alexa […]

Indian digital media industry needs to innovate with the help of blockchain

blockchain-bitcoin

The time is now for India to utilize the total potential of blockchain tech in the digital media industry. India has more than 65 percent of people aged under 35, with an average age of 29 years across the country. In addition, of India’s 1.3b population, just 50 percent of them utilize phones, and not […]

Canada’s investment company Accelerate Financial files for BTC ETF

Canadian-investment

Accelerate Financial Technologies firm, specialized in financial services and situated in Calgary, is planning to list Bitcoin Exchange Traded Funds on the Toronto Stock Exchange (TSX). The Canadian firm applied for a Bitcoin ETF due to reinvigorated interest in cryptocurrency exchange traded funds from financial companies operating worldwide. Accelerate Financial Technologies has applied and has […]

Bitcoin Climbs to Highest Ever Number – $28,500, Quadrupling in Worth in 2020

bitcoin-surges

Institutional investors are assisting the crypto to gain 47 percent in the final month of the year as interest in the USD dwindles. Bitcoin carried on its finish line Christmas rally, rising to a new high of more than $28,500. Virtual currencies got over five percent to get to USD 28,572 on Wednesday. It has […]

Chinese Media Sticks To Its Prediction Of BTC Overperforming Gold

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Internet observers were surprised when the state media in China, CCTV, made claims concerning the long-term future of Bitcoin – and predicted that Bitcoin might exert downward pressure on the precious metal. CCTV is one of the top state-run Chinese media, with their audience being counted in millions. After the cryptocurrency campaign in 2017, Bitcoin […]

Bitcoin Rallies Over $19,000 Once More, XRP Falls

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Bitcoin’s coveted digital currency needed less than one week to climb back over $19K after trading near to $17,6K last Friday. In the meantime, one of the big performers recently, Ripple (XRP), is today the lone top ten coin in red. At the moment of publishing, Bitcoin traded at $19,278 and rose by 4.5 percent […]