Tag: Markets

Tradecurve Markets aims to reshape crypto exchanges, Arbitrum and Bitcoin Cash uptrend slowing

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In the last bull run, Arbitrum and Bitcoin Cash were bullish. However, after failing to maintain the momentum, they are struggling and posted deep losses. Conversely, Tradecurve Markets aims to disrupt the crypto exchange scene. Arbitrum bullish trend ends In the last rally, ARB prices posted sharp gains, rallying from $0.75 in early September to $0.99, the highest since August. However, it found resistance at $1.00, retracing.  ARB may contract, falling to immediate support at $0.910 in a retracement. Despite this drop, there are indications that ARB may resume its uptrend.  Chainlink…

Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets

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The U.S. economy has been facing turbulent times lately, with the U.S. personal consumption expenditure (PCE) inflation index rising by a significant 3.5% over the past 12 months. Even when excluding the volatile food and energy sectors, it’s evident that the efforts made by the U.S. Federal Reserve to curb inflation have fallen short of their 2% target rate. U.S. Treasuries have lost a staggering $1.5 trillion in value, primarily due to these rate hikes. This has led investors to question whether Bitcoin (BTC) and risk-on assets, including the stock…

What it means for crypto markets

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The FTX bankruptcy lawsuit reached a key juncture in the second week of September after the United States Bankruptcy Court for the District of Delaware approved the sale of $3.4 billion worth of crypto assets. The court also approved $1.3 billion in brokerage and government-recovered assets as part of the liquidation process, with $2.6 billion in cash bringing the total tally to $7.1 billion in liquid assets. Among the different cryptocurrencies set for liquidation, Solana (SOL) tops the pile with a value of $1.16 billion, and Bitcoin (BTC) is the second-largest…

European Markets Hit Lowest Levels in Months amid Growing Inflation

The day’s trading was marked by mediocrity, with the European markets generally treading water before closing in the red. European markets endured a challenging day on Wednesday, with the region’s benchmark, the Stoxx Europe 600 (INDEXSTOXX: SXXP), closing at its lowest level since March 28, according to data from LSEG. Lingering concerns over inflation and slowing economic growth continued to cast a shadow on investor sentiment, resulting in subdued performance across major European indices. Mixed Performance in Major European Markets Major European markets followed a mixed trajectory during the session.…

Tradecurve Markets rallies in presale, PancakeSwap and ApeCoin remain under pressure

Most investors want to end the year on a high note. As such, they are actively exploring multiple projects, including Tradecurve Markets, a hybrid exchange. Amid this development, experts note that PancakeSwap (CAKE) and ApeCoin (APE) have lost their shine. PancakeSwap partners with Transac PancakeSwap, a decentralized exchange, has partnered with Transac to attract more users, allowing them to trade efficiently. Traders can use fiat payment methods like bank transfers and credit cards. This feature was unveiled after the release of PancakeSwap v3.  Despite this partnership, CAKE remains under pressure. On…

Binance Academy Notes 62% Increase in Usage Led by Learners from Emerging Markets

The platform’s usage is not limited to individual users but also extends to educational organizations. Global crypto exchange Binance’s open-access blockchain and crypto education platform Binance Academy has reported a 62% increase in the number of users.  According to platform data, from September 2022 to August 2023 there was a marked increase in individuals seeking crypto education. This brings the total number of individuals to use the platform to further their knowledge of blockchain technology and cryptocurrencies since it was founded in 2018 to 39 million.   Top trending topics in…