News
Crypto venture fund giant Andreessen Horowitz (a16z) has highlighted that development and demand on Ethereum are “unmatched” despite the network’s high transaction fees. The firm does warn, however, that its “popularity is also a double-edged sword,” given that Ethereum prioritizes decentralization over scaling, resulting in competing blockchains stealing market share with “promises of better performance […]
The New York City health department raised its COVID-19 alert level to high from medium on Tuesday, and said it now advises all New Yorkers to wear a mask in indoor public settings. “People who are older than 65 or otherwise at a high risk of severe illness from COVID-19 should also wear a mask […]
Highlighting Germany’s crypto license as an example of attractive regulation, Birgit Rodolphe writes that similar frameworks should be the same throughout the EU to “prevent a fragmented market.” 1050 Total views 48 Total shares Birgit Rodolphe, executive director at Germany’s Federal Financial Supervisory Authority (BaFin), has called for innovative and uniform regulation of the decentralized […]
EURUSD, “Euro vs US Dollar” After finishing the ascending wave at 1.0412 and then forming a new consolidation range around this level, EURUSD has broken it to the upside to extend the correction up to 1.0562; right now, it is forming the first descending impulse towards 1.0495. Later, the market may break this level and […]
Type: Bullish BounceKey Levels:Resistance: 225.40Pivot: 221.95Support: 219.75Preferred Case:With price moving above our Ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 225.40 in line with the horizontal swing high resistance from our pivot of 221.95 in line with the 23.60% Fibonacci retracement and horizontal pullback support.Alternative Scenario:Alternatively, price […]
UK Labour Data Improves AgainThe British Pound is back in favour this week following a bumper set of labour market indicators this morning. UK wages were seen rising by 7% over the three months ending in March, marking their fastest pace of growth since summer 2021. Alongside this, the unemployment rate was seen falling back […]