The S&P 500 index opened lower this Wednesday, as traders realign their positions ahead of the decision by the Federal Open Market Committee (FOMC) of the US Federal Reserve. Dankse Bank analysts expect the major trigger from the decision to centre around the Fed’s language in describing its plans for […]
Gold price tanked shortly after the FOMC decision, as the US Federal Reserve appears to have assumed a more hawkish tone concerning inflation and the QE program. The latest FOMC projections reveal that three more policymakers see a lift-off of the interest rates from zero in 2022, bringing the total […]
Gold price tanked shortly after the FOMC decision, as the US Federal Reserve appears to have assumed a more hawkish tone concerning inflation and the QE program. The latest FOMC projections reveal that three more policymakers see a lift-off of the interest rates from zero in 2022, bringing the total […]
Crude oil prices rose for a fifth straight day on Wednesday, hitting $75 a barrel to attain its highest levels in 2 years. The increase in crude oil prices is due to a recovery-driven demand, as well as a sharp drop in U.S. crude oil inventories. The Energy Information Administration […]
The S&P 500 index opened lower this Wednesday, as traders realign their positions ahead of the decision by the Federal Open Market Committee (FOMC) of the US Federal Reserve. Dankse Bank analysts expect the major trigger from the decision to centre around the Fed’s language in describing its plans for […]
The crypto ecosystem has given rise to many niches, with some gaining more traction than others. One of the up and coming areas within this nascent ecosystem is the Non-fungible Token (NFT) market. This class of digital assets is a popular topic amongst the crypto community and artists who understand […]
Dogecoin is on the verge of testing critical support as it struggles to generate any bullish momentum. It would appear as if Elon Musk’s recent comments surrounding Bitcoin continue to dog the coin. MicroStrategy announced it was planning to buy more Bitcoin, and its shares have jumped. Yet Elon Musk’s […]
Ahead of tonight’s FOMC decision, ECB governing council member Gabriel Makhlouf has dismissed talk of an early end to the bank’s Pandemic Emergency Purchase Programme (PEPP). Reuters quoted Makhlouf on Wednesday as saying that despite the bumpy and uneven nature of recovery, tapering of government supports will test the viability […]
Bitcoin (BTC/USD) once more failed to break past the $40,000 price mark, despite MicroStrategy’s plan to sell $1billion worth of its shares to finance more Bitcoin acquisitions. MicroStrategy’s stock rose 6%, but the effect failed to rub off on Bitcoin as sellers kicked into full gear to reject another move […]
The Polygon price is down 5.62% after failing to clear resistance. As weakness engulfs the crypto market, we wonder if MATIC has more downside to come. MATIC had followed Bitcoin higher over the last two days. When the market leader scaled $40,000, it took the Polygon price with it. However, […]
The Polkadot price has rallied 25% in the last 72 hours but is yet to breakout. So will its new, wider audience finally get DOT back above $30? Polkadot is last trading at $24.03, +0.6200 (+0.3%) DOT currently has a market cap of around $23 billion, ranking as the 9th […]
Despite volatility returning to cryptocurrencies, the Tron price has hardly moved this week. So here’s what to expect when TRX finally wakes up. Tron is last trading at $0.0722 (+1.14%), a 7-day change of +0.13%. When I look at my crypto watchlist, I can see signs of life almost everywhere. […]
