The value of bitcoin is currently being measured in dollar terms and this is understandable given that fiat is still the most dominant form of currency. While those in the crypto space believe this will not continue for much longer, it is still important to price the digital asset in fiat currency to show its…
Silver has been trading in a narrow band in the recent price action. Such a tendency indicates a stabilizing market that was more volatile earlier in the past. Before traders put on large positions, they seemed to be taking market indications. Nevertheless, the most recent price action shows that momentum has been declining, but the…
Silver's price focus was on its several traders who mentioned the important demand zone on XAGUSD. The metal has bounced off its recent price correction, and buyers remain behind the recent lower price range to defend. The forecast for the next step is split. Some charts suggest that silver demand is recovering to resume some…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
Bitcoin price quoted in United States dollars has been suffering from a sharp and sudden downtrend after setting a new all-time high in November. But when quoted in Turkish lira, the top cryptocurrency kept on climbing in November and has never looked back. The result? A shocking cryptocurrency price chart you simply have to see…
UBS analysts expect Asia to be the only region that sees positive growth this year, and the return to strong earnings in the region could spark a renewed appetite for risk, and potentially, Bitcoin.UBS Analysts Expect Positive Growth in Asia, May Boost Bitcoin Buying in the RegionThe global economy is crumbling, and although markets are…
After falling to July lows, XAGUSD is currently trading in the mid-$60 range. Notably, all three charts are of different instruments and time frames. Silver: 1 year of data from Trading Economics; silver futures charting on Investing.com is done on a 15-minute basis, and the 1-minute chart of the Binance XAG/USDT perpetual contract on TradingView.…
The dollar has been on a steady decline since the pandemic first struck. Weakness in the global reserve currency has allowed gold, Bitcoin, and other assets to shine. However, either a major rebound is beginning, or the dollar is about to experience another massive drop. The asset is clearly at a ‘do or die’ moment,…
Silver price action has tested the $70 resistance area and appears to be heading towards the $71.16 level. The stock is heading back to the 69.80-70.00 zone following its brief dip in the day. This area is identified on the 15-minute chart as the London high and active resistance. The current chart shows that silver…
During a hearing on the potential introduction of a digital dollar, Senator Tom Cotton claimed whatever the United States comes up with, it has to “be better than Bitcoin.”He also asserts it must be better than China’s digital yuan, which is currently in its pilot phase in the country. If it doesn’t, the dollar’s place…