Those classified as “non-residents” increased their net position against the Chilean peso by over US$1.1 billion during the last week. The sudden rise of the dollar to the level of $990 on Tuesday in Chile was driven by adjustments in the carry trade strategies of foreign agents, in anticipation of inflation figures in the United […]
Category: Forex brokers
Robinhood and Revolut ramp up crypto services amid BTC highs
With Bitcoin’s upcoming halving in April 2024, financial firms like Robinhood and Revolut are preparing for potential market shifts. Bitcoin (BTC) recently hit a new all-time high of $73,750 on Mar. 14. Amid this, companies such as Robinhood and Revolut are making strategic moves to capitalize on this bullish wave. Robinhood, the brokerage platform, expanded […]
FTSE soars to yearly peak as BoE’s dovish turn fuels market optimism
Last week, the FTSE reached a 12-month peak, breaking free from its long-standing range following a dovish surprise at the Bank of England (BoE) meeting. While the BoE kept rates on hold at 5.25% as widely expected, a dovish pivot was provided as two BoE members, Mann and Haskel, who had voted for hikes in […]
Grayscale Leads Institutional Offloading of Crypto Products As $942,000,000 Leaves Markets: CoinShares
Digital assets manager CoinShares says institutions dumped a new weekly record of $942 million in crypto products last week. In its latest Digital Asset Fund Flows report, CoinShares says the new record outflow breaks a seven-week run of record-setting inflows. “Digital asset investment products saw record weekly outflows totaling US $942 million, the first outflow following […]
The Mexican Stock Exchange (BMV) starts the week in negative territory.
México’s indices decline after marking their second consecutive weekly gain on Friday, in line with the weakness seen on Wall Street. The Mexican stock market falls following comments from the Fed contrary to the expectation of multiple rate cuts this year. Broker Review Regulators Min Deposit Website 🥇 Read Review ASIC, FSA, CBI, BVI, FSCA, […]
Crypto Market Focusing on Spot Bitcoin (BTC) ETF Fund Flows Over Fundamentals: Coinbase
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a […]
EUR/USD At Risk of Downside Break To 1.0650
Key Highlights EUR/USD started a fresh decline from the 1.0950 resistance zone. It traded below a key contracting triangle with support at 1.0840 on the 4-hour chart. GBP/USD declined heavily below the 1.2750 support. Gold prices are consolidating gains above the $2,120 level. EUR/USD Technical Analysis The Euro failed to continue higher above the 1.0950 […]
‘Bitcoin is winning’ says MicroStrategy chair Michael Saylor
Prominent Bitcoin (BTC) advocate and MicroStrategy Inc. chair Michael Saylor shared a chart on Saturday, March 23 comparing Bitcoin’s performance with traditional assets like the S&P 500, Nasdaq, gold, silver, and bonds. Saylor took it as an opportunity to assert Bitcoin’s supremacy in the investment landscape. According to the chart, Bitcoin has grown 432% in […]
This Week in Crypto Games: ‘Crypto Valleys’ Blasts Off, Immutable and Polygon Plot $100M Fund
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to […]
Crude Oil Weekly Forecast – 24/03: Highs, Then Dip (Chart)
WTI Crude Oil had a rather interesting week of trading as it produced highs not been seen since the first week of November, but then a slight downturn was demonstrated. WTI Crude Oil will start this week of trading slightly below its starting point on last Monday. However the commodity went into the weekend near […]