Bitcoin (BTC) Still Under Pressure Despite Tuesday’s Bullishness

Tuesday sessions saw BTC gaining 1.93%, ending the day near $30,417. The uptrend emerged even with BTC Fear and Greed Index slumping to 8/100, the lowest market since 14 March 2020. Technical indicators display red as Bitcoin sits beneath the 50-day Exponential Moving Average. NASDAQ support saw Bitcoin surging 1.93% yesterday, partially reversing Monday’s 4.66% … Read more

EUR/GBP Prediction Following Impressive UK Employment Data

Sterling sees bullishness following United Kingdom employment data. The EUR/GBP pair tests crucial support. The central banks exhibit divergent policies. EUR/GBP responded to the United Kingdom data that exceeds expectations. Early on Tuesday, the Unemployment Rated and Claimant Count changed and noted impressive declines, catalyzing rallies in the British pound. That saw EUR/GBP’s cross rate … Read more

Should You Buy Vodafone Shares Ahead of Financial Results?

Vodafone’s share maintains a bearish price trend. Etisalat purchased a $4.4B stake in the firm. Vodafone to publish financial outcomes this week. The Vodafone share price witnessed pressure today as the market responded to the updates of Etisalat purchasing the company’s stake. The share trades under LON: VOD ticker. Meanwhile, VOD plunged towards 14.64p lows, … Read more

Whales Dump Tether (USDT) Worth $710M amidst De-Peg Fears

Latest Santiment data shows whales actively dumping their Tether holdings amid de-pegging risks. Yesterday’s trading sessions saw USDT plummeting to $0.97 before recovering to its $1 value area. The decline sent shock across the market. Even large crypto wallets experience psychological pressure, whales selling USDT worth $710 million. The figure represented the highest 1-day USDT … Read more

British Pound (GBP/USD) Declines: Here’s Why

The GBP/USD plummeted to its lowest levels since May 2020. Data showed the economy deteriorated in March. There are worries about increasing rates amid stagflation. The British pound witnessed a massive crash that saw it touching levels last seen in May 2020, as recent United Kingdom GDP complicated the Bank of England’s calculus. GBP/USD dropped … Read more

Where to Buy Coinbase Stock (COIN) Dip?

Coinbase Stock (NASDAQ: COIN) crashed today, dropping 12.60% (-10.52) to around $72.99. Coinbase noted a loss in its latest quarterly results and reported users declining. Here’s a guide to purchasing the Coinbase stock amidst a dip. The last five days had the leading U.S crypto exchange recording a more than 41% decline in the stock. … Read more

Bitcoin (BTC): Was $30,000 Local Bottom or More Bloodbath Impending?

The past few days had Bitcoin on a free fall, completing six successive red weeks. Intensified bearishness saw BTC breaking beneath $37K, which offered a sturdy foothold within the previous months on several occasions. The price plummets emerged after Bitcoin encountered rejection while attempting to overcome the 50- and 100-day MA lines and triggered massive … Read more