EUR/USD could lose ground amid risk aversion ahead of President-elect Donald Trump’s inauguration on Monday. Traders remain cautious amid uncertainty surrounding Trump’s policy pledges, including imposing tariffs, extending tax cuts, and deporting illegal immigrants. The Euro struggles as markets anticipate a 25 basis point rate cut at the next four ECB policy meetings. EUR/USD recovers … Read more
Following the unveiling of the melania meme (MELANIA) token, her husband’s meme coin has experienced a pronounced decline, now trading 34% below its peak valuation of $73.43 per coin. Launched on Friday, the TRUMP token has nevertheless demonstrated a notable appreciation in value since its introduction. At its current price of $47.93 to $48.65 per … Read more
COINOTAG News reported on January 20th that the Block Engine API from Jito Labs is undergoing significant service disruption, attributed to an unprecedented surge in network traffic. Although the Solana network remains operational and continues processing blocks, submissions facilitated via Jito Labs are experiencing noted delays. The engineering team at Jito Labs has been actively … Read more
Bitcoin Flash Crash Rocks the Market In a stunning turn of events, Bitcoin’s price plummeted from $106,000 to $100,000 in a matter of minutes earlier today. The flash crash sent shockwaves through the market, erasing billions in market capitalization. Volume Spike: The crash was accompanied by a massive surge in trading volume, indicating a significant … Read more
Gold price declines to around $2,695 in Monday’s early Asian session. The firmer Greenback undermines the USD-denominated Gold price. The uncertainty and elevated geopolitical tensions could boost the Gold price, a traditional safe-haven asset. Gold price (XAU/USD) extends its decline to near $2,695 during the early Asian session on Monday. The stronger US Dollar (USD) broadly ahead … Read more
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Trump Coin is here because, of course, it is. On the eve of his inauguration, Donald Trump dropped $TRUMP, a meme coin that instantly shot to a $13 billion market cap like it had something to prove. It’s nearly past AVAX and SUI for market cap in less than a weekend. WTF is going on? … Read more
The launch of the Melania meme token has taken the crypto world by storm, experiencing a staggering surge of over 12,000% amidst the downturn of Donald Trump’s meme coin. In stark contrast to the Melania token, Donald Trump’s official meme coin, TRUMP, saw a sharp decline, raising questions about market dynamics and user sentiment. According … Read more
Defai is a convergence of artificial intelligence and decentralized finance, poised to simplify on-chain tasks and unlock new opportunities. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this timely article, Blocmate’s Gaz explains this … Read more
AUD/USD softens to near 0.6190 in Monday’s early Asian session. The Fed is anticipated to hold rates steady in the January meeting. Trump’s tariff threat could put pressure on the Aussie. The AUD/USD pair weakens to around 0.6190, snapping the two-day losing streak during the early Asian session on Monday. The markets turn cautious as President-elect … Read more