Mexican Peso defies US inflation shock, extends gains

Mexican Peso shrugs off hot US inflation, Fed’s rate-cut hopes dwindle US inflation jumps past 3%, delaying Fed rate-cut expectations until September. Fed Chair Powell signals restrictive policy will persist as core prices remain strong. MXN gains despite lack of local economic data; Mexico-US steel tariff talks ahead. The Mexican Peso (MXN) extended its gains … Read more

Shiba Inu (SHIB) Rally Incoming? 3 Reasons Behind the Bullish Outlook

TL;DR SHIB’s TD Sequential Indicator flashes a buy signal on the weekly chart, suggesting a possible rebound. One analyst envisioned a potential for a 2,800% rally should BTC’s dominance head south. Price Reversal in the Cards? The second-largest meme coin in terms of total market capitalization performed quite well towards the end of 2024. However, … Read more

How Will Bitcoin Price React to US CPI Announcement?

Bitcoin price suffered a 3.72% correction on Tuesday, dropping from $98.4K to $94.8K. Many attributed this sudden collapse to Fed Chairman Powell’s comment easing. However, the Fed’s stance on cutting rates remains firm, as noted on February 11. However, the upcoming US CPI might put additional pressure on the Fed to rethink its decision on … Read more

Blockchain’s Crystal Ball: How Cryptoquant’s Data Is Decoding Bitcoin Miners’ True Financial Pulse

Cryptoquant analysts posit that live blockchain data grants investors unmatched clarity into bitcoin mining firms’ activities, diminishing dependence on stale quarterly disclosures. From Quarters to Seconds: The Real-Time Analytics Rewriting Crypto Equity Research A recent cryptoquant.com analysis reveals exceptional precision in monitoring output and reserves, presenting an agile instrument for evaluating fiscal stability during market … Read more

New Data Suggests Toncoin (TON) Might Be Undervalued—Here’s What It Means

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing … Read more