Author: msmark

EUR/USD Prices, Charts, and AnalysisThe German economy is struggling according to five leading economic institutes.Two ECB rate cuts before the August holiday break?Learn How to Trade EUR/USD with Our Complimentary Guide Recommended by Nick Cawley How to Trade EUR/USD The German economy is in trouble and is expected to expand by the barest of margins in 2024, according to five leading economic research institutes. The institutes have revised their change in German GDP in the current year, ‘significantly downward by 1.2 percentage points to 0.1%, compared to their fall report.’ The German government recently cut their 2024 growth forecast to…

“What underpins a world order is always the financial system.We are on the brink of a dramatic change where we are about to, and I’ll say this boldly, abandon the traditional system of money and accounting and introduce a new one. And the new one is what we call blockchain.It means digital. It means having an almost perfect record of every single transaction that happens in the economy, which will give us far greater clarity over what’s going on. It also raises huge dangers in terms of the balance of power between states and citizens. In my opinion, we’re going…

2024.03.27 2024.03.27 Economic calendar for the week 01.04.2024 – 07.04.2024Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/The past trading week was a cross in connection with Good Friday in Catholic countries. Banks and stock exchanges were closed that day. In short, this will be the upcoming trading week: on Monday, banks and exchanges in Catholic countries will also not work, which will affect trading volumes – they will be lower than usual.However, volatility in the market may increase sharply today, as follows from the publication of important macro statistics from the United States and the Eurozone. This pandemic volatility will peak on Friday with US and…

Willy Woo, an on-chain analyst, believes the Bitcoin upswing is far from over. Citing the development in the Bitcoin Macro Oscillator and the possibility of traditional finance jumping on the bandwagon (FOMO), the odds of BTC rallying in at least two strong legs up in the coming session could not be discounted.  On-Chain Data Signals More Upside For Bitcoin In a post on X, Woo remains confident about what lies ahead for the world’s most valuable cryptocurrency. Based on on-chain development, there are indicators that the coin may firmly push higher, breaking above the current lull. Bitcoin remains mostly range-bound when writing,…

The ever-vibrant Shiba Inu community is thriving once more as SHIB gains widespread recognition surpassing top cryptocurrency assets in the market to become the second most sought-after digital asset in the entire European continent, securing its stance in the crypto landscape. Shiba Inu Takes Europe By Storm XRP enthusiast and market expert Marcel Knobloch, also known as Collin Brown, reported the coin’s latest milestone on X. According to Brown, Shiba Inu has seen significant growth in its long-term investor base, taking Europe by storm by becoming the second most search crypto in the continent. Brown noted that the milestone is…

If you browse through online communities and forums, you’ll notice that the majority of trade discussions revolve around entering trades. But while it’s very important to know how and when to enter a trade, it’s equally crucial to know when to exit. Most people have a detailed plan and set rules on how to enter the market, but newbie traders often overlook the importance of having an exit strategy. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Access…

Bitcoin self-custody platform Casa announced that it’s launching a new inheritance product — Casa Inheritance — for its global customer base. Casa, known for helping crypto investors secure their BTC and other digital assets with multisig vaults, aims to make it easy for its customers to transfer their digital assets to their loved ones when said customers pass away.“What we’ve found through talking to our customers is that their family members do not know how to use a hardware wallet and do not want to [use them],” co-founder and CEO of Casa Nick Neuman told Bitcoin Magazine. “This [product] lets them have…

Join Our Telegram channel to stay up to date on breaking news coverage KuCoin suffered $780 million in net outflows, the most for an exchange since the FTX collapse, after the US Department of Justice (DOJ) charged it and two founders with violating anti-money laundering laws.  “In failing to implement even basic anti-money laundering policies, the defendants allowed KuCoin to operate in the shadows of the financial markets and be used as a haven for illicit money laundering,” US attorney Damian Williams said in a Mar. 26  statement. The failure to implement anti-money laundering controls had led to $9 billion…

The USDCAD moved up to retest the swing area between 1.36049 and 1.36269. The high price today reached near the low of that ranges at 1.36071 before rotating back to the downside. The price is trading near session lows nos at 1.3578. Going forward that ceiling area will need to be broken to increase the bearish bias. On the downside, the low for the week came in at 1.3552. That is above the 50% of the range since the 2023 high at 1.35378. Also on the downside is a cluster of moving averages between its 100 or moving average on…

Bitcoin reaching $100,000 remains a highly feasible target, especially given the fact that the price of the cryptocurrency hit a new all-time high above $73,00 ahead of the halving. In preparation of the explosive move that is expected to follow the halving, Bitcoin whales are going all out as they fill up their wallets with BTC. Large Bitcoin Whales Buy More BTC As the Bitcoin price has retraced from its surge, large Bitcoin whales are taking advantage of the dip to buy more coins at cheap prices. These whales, which hold at least 1,000 BTC – which means they have…