CryptoNews of the Week
– Anthony Pompliano, founder of Pomp Investments, asserts that bitcoin is "stronger than ever." This conclusion is based on the 200-day moving average (200 DMA) reaching its all-time high above $56,000. "In the long term, digital gold continues to appreciate. It is...
NordFX Named Best ECN/STP Forex Broker 2024
NordFX received its first award nearly 15 years ago, back in 2010. Since then, it has been honoured with more than 70 professional prizes and titles for achievements and innovations across various sectors of the financial industry. However, only...
Forex and Cryptocurrency Forecast for 06 – 10 May 2024
EUR/USD: What's Wrong with the US Soft Landing?
The headline of our last review stated that inflation remains stubborn, and the US GDP is slowing. Newly arrived data have only confirmed these assertions. A crucial inflation measure that...
CryptoNews of the Week
– Investors may not see a rise in the price of the main cryptocurrency to new historical highs in the coming months. Optimism about the launch of cryptocurrency ETFs in Hong Kong quickly dwindled, and bitcoin began to search for its bottom again. Liquidations of long...
April Results: A British Pound Trade Nets NordFX Client Over $25,000 in Profit
Brokerage firm NordFX has summarized the trading performance of its clients for April 2024. The efficacy of social trading services, PAMM and CopyTrading, as well as the earnings of the company’s IB-partners were...
Forex and Cryptocurrency Forecast for April 29 - May 3, 2024
EUR/USD: Inflation Persists, US GDP Growth Slows
The US economy remains the most powerful on the planet. Moreover, its share of global GDP has reached a nearly two-decade high of 26.3%. According to the IMF, from 2018, the European...
CryptoNews of the Week
- As expected, on April 20, the fourth halving occurred on the bitcoin network at block #840000. The reward for mining a block has been reduced from 6.25 BTC to 3.125 BTC. It's worth reminding that a halving is the event that reduces the reward for mining new blocks in...
Forex and Cryptocurrency Forecast for 22 – 26 April 2024
EUR/USD: A Pause After the Rally
Last week, 60% of analysts adopted a neutral stance in their previous forecast and were proven absolutely correct. EUR/USD had a calm week, even boring at times, moving along the 1.0650 mark within the...
CryptoNews of the Week
– Since 8 April, bitcoin's price has been falling, attempting to break through the support level around $61,500. The weekly decline in BTC is the largest in the last eight months, and in dollar terms, it's the largest since the FTX exchange collapse in November 2022...
Forex and Cryptocurrency Forecast for 15 – 19 April 2024
EUR/USD: The Dollar Soars
Last week saw two significant events: the first shocked market participants, while the second passed without surprises. Let's examine the details in order.
Since mid-2022, consumer prices in the US have been...
CryptoNews of the Week
– According to Ki Young Ju, CEO of the analytical platform CryptoQuant, the price of bitcoin needs to exceed $80,000 post-halving to remain profitable for miners. This significant event is scheduled for April 20, 2024. As a result, miners’ block rewards will be halved...
Forex and Cryptocurrency Forecast for 08 – 12 April 2024
EUR/USD: The Dollar Weakness Puzzle
What transpired with the EUR/USD pair last week? It behaved as expected on Monday, 01 April. However, starting from Tuesday, the situation deviated. Let's delve into the details. On the first day of...
World Forex Award Recognizes NordFX as Best Broker in Two Categories
Experts from one of the leading business awards organisations, the World Forex Award (WFA), have named NordFX as the winner in two categories: The Most Trusted Forex Broker and The Best IB Program 2024.
The award for The...
CryptoNews of the Week
– FTX exchange founder Sam Bankman-Fried (SBF) regrets the actions that led him to a 25-year prison sentence. He revealed this in an interview with ABC News. "It's a major part of what I think about every day," added the former businessman, now inmate. According to him...
March 2024: NordFX Traders Yield Maximum Profits from Physical and Digital Gold
NordFX brokerage has summarized the trading performance of its clients for March 2024. The effectiveness of social trading services: PAMM and CopyTrading, as well as the profits earned by the company's IB...
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