THE 20% In the forex market, there’s a well known saying that over 80% of traders lose money, while only a small 20% come out on top. The big secret? It’s not just about learning strategies or reading charts, though that’s part…
According to TheBlock, the U.S. Securities and Exchange Commission (SEC) discussed with ETF issuers its concerns that Solana could be classified as a security The SEC and Cboe subsequently decided not to file the relevant …
Global liquidity rose to $174.67 trillion, a new all-time high The figure has grown by $1.13 trillion in the past week alone Global liquidity is the total amount of money circulating in the global financial system, including …
Bad news Hackers stole 4,064 BTC ($238 million) from crypto investor. The attackers laundered the money through ThorChain, eXch, Kucoin, ChangeNow, Railgun, and Avalanche Bridge. Earlier, transfers were made to the victim'…
More than 80 second-level (L2) networks and 20 L3 networks are planned to be launched on the Ethereum blockchain. According to L2BEAT, 71 networks have already been launched The total locked value of assets in these networks exce…
The IMF has proposed introducing a tax on mining for air pollution. This could increase the price of electricity for cryptocurrency miners by 85%. According to the organization, direct taxes have pushed the industry to reduce c…
On July 24, the Bank of Canada reduced its interest rate from 4.75% to 4.25%. This decision had notable effects on both inflation and the Canadian Dollar (CAD). Firstly , the interest rate cut aimed to manage inflation and suppo…
Canada's inflation is moving closer to its 2% target, with some progress being made. Core inflation, which excludes volatile items, has eased significantly, but there are still some price pressures, especially in services a…
T1he report from the Japanese monetary policy meeting on July 30, released on August 8, highlights several key themes: 1. Wage Hikes and Economic Impact: The report suggests close monitoring of wage increases to see if they will …
- Japan's economy is expected to grow above its potential rate, driven by moderate overseas economic growth and a virtuous cycle from income to spending, supported by accommodative financial conditions. - The CPI (excluding …
Last week, Japanese investors made big moves in the bond market, buying 1.54 trillion yen in long-term overseas bonds and 453.5 billion yen in short-term bonds. However, they sold 328.1 billion yen in foreign stocks after buying…
How an Increase in GBP Retail Sales Could Impact Forex Markets :16,Aug 2024 What are Retail Sales? Retail sales represent the total receipts of retail stores from the sale of goods and services over a specific period. They are a …
The Ripple Effect of 10,000 BTC transfer: Understanding Market Reactions to Government Transactions In recent weeks , a notable event has stirred the cryptocurrency market: the US government transferred 10,000 BTC (approximate…
Headline : Majority of Crypto Ads on Facebook Found to Violate Meta's Policies, Claims Australian Watchdog According to a recent report by the Australian Competition and Consumer Commission (ACCC), over half of the crypto…