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CitiEuropean OpenIt was a busier morning today, despite the US MLK holiday, with FX volumes up to 30% more than averages, according to our etraders. The highlight in the Asian session was the 10bps cut in the MLF rate by PBoC, alongside a mixed bag of data from China. FX markets, including CNH were little […]
The new regulations only allow advertisements on native websites and mobile apps for DPT companies. 2416 Total views 40 Total shares The Monetary Authority of Singapore (MAS) issued a new set of guidelines for digital payment token (DPT) providers, barring them from marketing their services in public areas. The guidelines, which were issued on Monday, also […]
Dogecoin founder Billy Markus noticed a suspicious transaction pattern on Etherscan that prompted the company to halt all transactions for the time being. 22018 Total views 89 Total shares Major crypto wallet and platform Crypto.com has temporarily halted withdrawals after “a small number of users reporting suspicious activity on their accounts,” but all funds are […]
EURUSD, “Euro vs US Dollar” In the H4 chart, after rebounding from the resistance at 8/8, EURUSD is trading downwards. In this case, the price is expected to test 7/8, rebound from it, and then resume falling to reach the support at 5/8. Still, this scenario may no longer be valid if the price breaks […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming several reversal patterns, including Engulfing, close to the support level, USDCAD is reversing and may form a new correctional impulse. In this case, the upside target may be the resistance area at 1.2605. However, an alternative scenario implies that […]
Per a December survey conducted by Finder.com, the U.K. held third place worldwide in adoption rankings for Ether, while overall cryptocurrency adoption crept up by 1%. 3191 Total views 44 Total shares British crypto enthusiasts were busy consolidating and rebalancing during the last gasp of 2021. Finder.com surveyed 2,013 internet users in the United Kingdom […]