Category Archive: Cryptocurrency, No picture
PayPal stablecoin PYUSD soon available on Triple-A
Singapore-based licensed payment firm Triple-A is set to integrate PayPal’s stablecoin, PYUSD, into its range of token offerings by the end of June, according to a recent report from Bloomberg.With the addition of PYUSD, Triple-A customers can choose from a wide range of payment options, which currently include Bitcoin, Ethereum, Tether’s USDT, and Circle’s USDC.As […]
USD/JPY Forecast: Signal Ahead Of The BoJ Interest Rate Decision
Image Source: Unsplash The USD/JPY exchange rate continued its strong performance this week. The Bank of Japan will deliver its interest rate decision this week. The US will publish the latest GDP and PCE numbers on Thursday and Friday. The USD/JPY exchange rate will be the forex major to watch this week as the Bank of Japan […]
EUR/USD Gains Relief From Easing Geopolitical Tensions
Image Source: Unsplash EUR/USD finds support from a lack of escalation in the Israel-Iran conflict. Diverging interest rate expectations are an overall bearish factor, however. EUR/USD may be forming a Bear Flag price pattern. EUR/USD continues to trade within a contained box-like range, up a marginal tenth of a percentage point in the 1.0660s on […]
Weekly Market Pulse: Situation Normal
Is this normal? I haven’t made any money in like two years. Question from a recent acquaintance upon hearing what I do for a living Unsplash Let’s get this out of the way quickly. The answer to his question is yes, this is painfully normal. When you have a bear market – or you have two […]
US Dollar Index: USDX Dollar Forecast
Image Source: Pexels Today you will see US Dollar index price prediction based on the technical analysis. What is the support and resistance on the daily time frame for USDX. What to expect and where the price will breakout for the USD Dollar index based on the supply and demand zones.Video Length: 00:04:35More By This Author:NZDUSD […]
Studies In Sophistry: Rich States, Poor States 17
Image Source: UnsplashToday, ALEC released the latest assessment of state-by-state economic outlook and economic performance, authored by Arthur Laffer, Stephen Moore, and Jonathan Williams.latest assessmentI have documented the uselessness of the RSPS economic outlook indices here, and here.More recently, I used the RSPS rankings up through 2019 to predict state level GDP growth, comparing against the Beacon Hill Institute State Competitiveness Index […]
Google Cloud joins EigenLayer mainnet as node operator
Google Cloud has launched its EigenLayer mainnet node operator, marking a milestone for the restaking protocol and its ecosystem.Sam Padilla, Web3 product manager and node operator at Google Cloud, announced the successful launch of the company’s EigenLayer mainnet operator on X (formerly Twitter). Excited to share that the @googlecloud Eigen Layer mainnet operator is up […]
S&P 500 E-Mini Still Needs Validation For The Next Leg Higher
Image Source: PexelsS&P 500 E-Mini Futures rallies in an impulse structure from 10.27.2023 low. Up from there, wave 1 ended at 4607.75 and pullback in wave 2 ended at 4548.75. The Index then extended higher in wave 3 towards 5333.5 as the 1 hour chart below shows. Pullback in wave 4 unfolded as a zigzag Elliott Wave structure. […]
This CPI Squeeze Could Earn Huge Profits
Image Source: UnsplashCPI tomorrow… let’s do this!Markets made a big reversal this afternoon, and the 60min chart tells me this Short Squeeze could earn some monster profits!The 60minute charts are screaming “short squeeze” right now – we just need to get thru the CPI report tomorrow morning…But no matter what we get from CPI, I have […]
Ethereum spot ETF faces skepticism as SEC’s decision looms
When the SEC is silent, the ETF market checks its pulse.Several applications for spot Ethereum ETFs are pending SEC approval. As the decision date approaches, uncertainty grows, with financial and crypto leaders expressing a mix of skepticism and hope.A recent report from Barron’s suggests an ongoing, frustrating situation for exchange-trade fund (ETF) issuers.According to Barron’s, […]
