Making developments is the way how Solana (SOL) and DTX Exchange (DTX) lead in the cryptocurrency market. The SOL, presently trading at $191.80, reflects the challenges to the cryptocurrency and could reach the $500 level, but the long-range forecasts are auspicious. DTX Exchange is also reported to be making the highlights very recently, as it … Read more
What does the recent approval from Dubai’s VARA mean for HashKey MENA FZE’s expansion and compliance strategies? HashKey Group, a digital asset service firm in Asia, announced in their press release on Jan. 13 that their Middle East and North Africa subsidiary has received conditional acceptance for its Virtual Asset Service Provider license application from … Read more
Jamie Dimon, CEO of JPMorgan, continues to voice skepticism about Bitcoin, contrasting with the cryptocurrency’s growing acceptance among institutional investors. This ongoing apprehension highlights the complex relationship between traditional finance and digital currencies, as various banks explore crypto opportunities while their executives remain cautious. In a thought-provoking statement from Dimon, reported by CBS, he emphasized … Read more
Wolf Capital’s co-founder Travis Ford also faced the wrath of the justice system, and pleaded guilty to a $9.4 million investor scam. Globally, Vietnamese authorities arrested four individuals for a crypto mining scam, and Kenya proposed a comprehensive regulatory framework for virtual assets to protect its investors. Meanwhile, Mango Markets announced that it will be … Read more
Bitcoin has fallen 10% so far this month but analysts say it has fallen between 25% and 30% in the month of January in past post-halving markets.
GBP/USD Price Forecast: Dives to its lowest level since November 2023 amid relentless USD buying The GBP/USD pair remains under heavy selling pressure for the fifth straight day and dives to its lowest level since November 2023, around the 1.2125 region during the Asian session on Monday. Moreover, the fundamental backdrop seems tilted in favor … Read more
Chinese stocks are still Goldman Sachs strategists’ top pick as markets slide. They predict key benchmarks could rise by around 20% by the end of the year. A recent Bloomberg report said that the team led by Kinger Lau is still bullish on mainland and offshore Chinese shares, including a positive risk reward. In a … Read more
UK Prime Minister Keir Starmer has said the country will adopt a plan including all 50 recommendations made by the government’s research agency.
EUR/USD loses traction to near 1.0215 in Monday’s early European session, down 0.30% on the day. The US labor market data boost the USD and act as a headwind for the pair. The ECB’s dovish bets contribute to the EUR’s downside. The EUR/USD pair trades in negative territory for the fifth consecutive day around 1.0215 … Read more
Gold prices fell in Pakistan on Monday, according to data compiled by FXStreet. The price for Gold stood at 24,184.16 Pakistani Rupees (PKR) per gram, down compared with the PKR 24,232.97 it cost on Friday. The price for Gold decreased to PKR 282,086.70 per tola from PKR 282,648.70 per tola on friday. Unit measure Gold … Read more