FxWirePro- SUIUSD (Chart of the day)
Jun 07, 2024 12:00 pm UTC| Technicals Digital Currency
Sui is a permissionless layer 1 blockchain designed to be both developer and user-friendly. It can support a wide range of application development with unrivaled speed at low cost. Consensus Mechanism-Delegated...
Ethereum ETFs in Turmoil as SEC Hamstrings Market Progress
Jun 06, 2024 16:37 pm UTC| Technology Digital Currency
The SECs cautious approach to licensing Ethereum ETFs has stirred turmoil in the crypto market. Chairman Gary Genslers recent comments highlight regulatory concerns, delaying the approval process and causing uncertainty...
Shiba Inu Burn Rate Soars 3900% as Whales Buy, SHIB Price Set to Climb
Jun 06, 2024 16:24 pm UTC| Technology Digital Currency
Shiba Inus burn rate surged 3900% on June 6, fueled by a $35 million whale buying spree. This dramatic increase and renewed optimism could potentially drive the SHIB price toward $0.0001. Shiba Inu Burn Rate Skyrockets...
Cardano, Shiba Inu, Jasmy Attract Whale Investors, Triggering Buy Signals
Jun 06, 2024 16:14 pm UTC| Technology Digital Currency
As a result of the current recovery in the cryptocurrency market, certain alternative cryptocurrencies are now inside the purchasing zone. Whales have even begun to accumulate these cryptocurrencies before prices...
ECB Cuts Rate, Crypto Market Rallies; US Fed's Next Move in Question
Jun 06, 2024 16:07 pm UTC| Technology Digital Currency
To add fuel to the fire of excitement in the global financial market, let alone the cryptocurrency industry, the most recent data revealed that the European Central Bank (ECB) has announced a reduction in interest rates of...
FxWirePro- Ethereum Daily Outlook
Jun 06, 2024 12:26 pm UTC| Technicals Digital Currency
ETHUSD trades in a anarrow range ahead oif US jobs data. Ithit ahigh of $3888yesterday and is currently trading around $3857. The SEC chairman GaryGensler said that the next step in the ETH ETF approvals will take some...
FxWirePro- BTCUSD Daily Outlook
Jun 06, 2024 12:05 pm UTC| Technicals Digital Currency
BTCUSD is consolidating in a narrow range after a massive buying. It hit ahigh of $71759 at the time of writing andis currently trading around $71054. BTC ETF saw over $880 million inflows on Tuesday led by Fidelity ,...