Gold prices are facing headwinds in European trading on Monday, remaining defensive below the $2,750 mark after earlier gains evaporated. Currently, the precious metal is finding support around the $2,730 demand area, but the outlook remains uncertain due to the looming risks associated with the U.S. presidential election and ongoing […]
The USD/JPY pair is grappling with downward pressure, trading heavily below the 152.00 mark in Asian markets this Monday. As the odds of Kamala Harris securing a victory in the upcoming U.S. presidential election rise, the U.S. dollar is witnessing a significant sell-off. This potential policy continuity is being interpreted […]
The GBP/USD currency pair is experiencing a notable decline in the European session on Monday, reversing its earlier upswing around the pivotal 1.3000 level. As the US Dollar pauses its recent downside trajectory, a prevailing risk-on sentiment in the markets fails to bolster the pair’s momentum. Heightened tensions ahead of […]
The Monetary Authority of Singapore (MAS) has unveiled a comprehensive strategy to accelerate the adoption of tokenization in the financial services sector. This move positions Singapore as a global leader in digital asset innovation. A Four-Pronged Approach To achieve its goal, MAS will focus on four key areas: Project Guardian: […]
The Euro has made significant gains against the US Dollar in recent trading sessions, primarily driven by heightened uncertainty surrounding the upcoming US presidential election. As the election nears, investors are flocking to safe-haven currencies like the Euro, causing the US Dollar to weaken. Key Factors Driving EUR/USD Higher Technical […]
Cryptocurrency investors are bracing for a potential rollercoaster ride in the coming days as the United States presidential election nears. According to seasoned trader Daan Crypto Trades, Bitcoin could experience a significant price swing of at least 10% in either direction, depending on the election outcome. The recent uptick in […]
As the 2024 United States elections approach, scheduled for November 5, digital asset policy has emerged as a significant political issue, igniting discussions among pro-crypto voters. For the first time, candidates are feeling the pressure from industry executives and advocates to adopt pro-crypto policies that embrace the evolving landscape of […]
As the United States heads towards Election Day on November 5, social media platforms are buzzing with a mixture of political fervor and misinformation, particularly regarding candidates’ positions on crucial issues like cryptocurrency. Recently, Michael Saylor, the executive chair of MicroStrategy, mistakenly shared a false quote attributed to Donald Trump, […]
As Bitcoin (BTC) hovers around $68,626, the cryptocurrency market braces for a turbulent week coinciding with the upcoming U.S. Presidential Election. With BTC facing substantial support retests below the critical $70,000 mark, traders are increasingly wary of a potential pullback as volatility looms. Over the weekend, Bitcoin experienced a significant […]
In the ever-evolving landscape of technology and finance, Ethereum is drawing comparisons to Amazon’s transformative journey from a humble online bookstore to a colossal $2 trillion tech giant. According to executives at crypto asset manager 21Shares, Ethereum’s trajectory may be similarly surprising, as it continues to develop innovative use cases […]
