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Monthly Archives: May, 2023

Euro Tumbles as Germany Enters Recession

EUR/USD ANALYSISGerman Q1 GDP confirms technical recession over the winter period.US GDP, ECB speakers and debt ceiling updates to drive EUR/USD today.Technical indicators do...

Lawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at Stake

Open source software isn’t property, and current sanctions laws are ill-equipped to handle this, lawyers argue. www.coindesk.com

Terra Do Kwon’s Detention in Montenegro Extended After High Court Decision to Revoke Bail

The High Court decided against the bail approval after it found the Basic Court did not sufficiently assess the the value of the defendant's...

Crypto Exchange Bitget Partners With Copper to Drive Institutional Adoption

Bitget’s integration with ClearLoop will allow institutional clients of both companies to hold digital assets within Copper’s infrastructure while at the same time delegating...

USD/JPY continues to look poised in hunt towards 140.00 mark

The pair was one that gave us early hints about the dollar's latest strength, alongside EUR/USD, with the break of the March and early...

Bitcoin-Based ‘Space Pepes’ Led Weekly Trading Volumes Among NFT Collections

BAYC and Mutant Ape Yacht Club (MAYC), another collection from the same creators, logged a cumulative volume of $9 million. ImmutableX-based Gods Unchained clocked...

Bitcoin's 'Ichimokou Cloud' Suggests Deeper Drop Toward $24K: Technical Analysis

Ichimoku Cloud, created by Japanese journalist Goichi Hosada in the 1960s, is widely used to gauge momentum and trend strength. www.coindesk.com

Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens

The proposal looks as though it will pass when voting closes on May 26, though it's unclear when the action will be executed. However,...

Highways Have Sliced Through City After City. Can the U.S. Undo the Damage?

Anthony Roberts set out to walk to a convenience store on the opposite side of a busy highway in Kansas City, Mo., one afternoon....

USD/JPY Rises to 5-Month High Near ¥140

 The US Dollar rises firmly, pushing the USD/JPY currency pair to a new 5-month high price close to the big round number at ¥140.   AdvertisementMarkets...

AUD/USD, AUD/JPY, AUD/CAD Price Action

Australian Dollar Vs US Dollar, Japanese Yen, Canadian Dollar – Price Setups:AUD is looking vulnerable as it tests vital support.Key focus is on Australia...

Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius

The bid, though accepted by Celsius and a committee of its creditors, must still be approved by regulators to finalize the acquisition. Months ago,...

EUR/USD Hits Four-Week Low Amid Caution Over US Debt Ceiling, Dollar Strengthens

The EUR/USD pair has reached a fresh four-week low at 1.0740 during the Asian session as selling pressure intensifies. Investors are adopting a cautious...

US Dollar Rides High as Debt Debate Continues Amid Fitch Re-Rating. Higher DXY?

US Dollar, Crude Oil, Gold - Talking PointsUS Dollar found a clear run and resumed strengthening todayThe debt ceiling issue lingers and the Fed...

Dollar stays in the driver’s seat for now

A couple of more hawkish Fed talk and a further drop in equities is fueling the next leg higher in the dollar now. The...

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