Latest Market News

Oct 04
Tether commercial paper exposure now under $50M, says CTO

Tether is also looking to become more transparent, having hired a new accounting firm to conduct regular audit and attestation reports to ensure its stablecoin is properly backed by the USD. 283 Total views 13 Total shares Stablecoin issuer Tether (USDT) has nearly completely slashed its commercial paper holdings, with less than $50 million worth […]

Oct 04
Easing Selling Pressure in US Bonds Takes Off some Steam from Greenback Rally

This year’s final quarter began on a pessimistic note, with the US stock market losing more than 1.5 percent on Friday, cementing short-term risk aversion and bearish sentiment. Risk assets picked up the baton on Monday and extended the bearish trend. European markets sank by more than half a percent, the S&P 500 futures struggle […]

Oct 04
Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum

Type: Bearish Momentum Key Levels:Resistance: 691.0 Pivot: 661. 40 Support: 675.60 Preferred Case:The overall price on the H4 is bullish . Furthermore, the price is above the Ichimoku cloud , indicating that the market is bullish . Price attempted but failed to breach the first resistance level at 691.00. Price responded with a massive rejection […]

Oct 03
The cryptocurrency market digest. Overview for 03.10.2022

On Monday, the BTC is balancing near 19,093 USD, slightly growing. The market situation is not changing. The area between 18,000-19,000 USD remains the range of important support levels, and all the bearish attacks until now failed to break through the lower border of the channel. To go confidently and consistently, the BTC must rise […]

Oct 03
EURUSD has reached stability. Overview for 03.10.2022

The major currency pair is looking rather neutral early in a new week, which is promising to be quite volatile. The current quote for the instrument is 0.9788. In September, EURUSD lost 2.5%. Also, it has declined 16% since the beginning of 2022. This week, the US will release new numbers on the labour market. […]

Oct 03
Ether staking is too difficult, community members claim

Some are arguing that it would be healthy to admit that Ether staking is not for everyone yet. 4767 Total views 143 Total shares After the Ethereum network’s transition to proof-of-stake (PoS), staking Ether (ETH) now plays a central role in validating blocks and securing the network. However, some community members believe that the staking […]