Monthly Archives: February, 2024

Ethereum (ETH) Staking Ratio Surges Despite Shapella

Despite initial expectations surrounding the Shapella hard fork, Ethereum's (ETH) staking ratio has surprisingly surged to 24%, showcasing resilience in the staking ecosystem. Ki...

Cryptocurrency Market Analysis: Solana (SOL) Navigates Crucial Resistance, XRP’s Predictability

In the ever-evolving landscape of cryptocurrencies, key players such as Solana (SOL), XRP, and Ethereum (ETH) are currently undergoing pivotal technical developments that could...

S&P/ASX 200 Records 0.58% Decline Amid Sectoral Losses

The Australian stock market concluded Tuesday's trading session with a downturn, primarily driven by losses in the IT, Metals & Mining, and Gold sectors,...

Japan’s Nikkei 225 Sees 0.56% Decline Amid Sectoral Losses

The Japanese stock market concluded Tuesday's session with a downturn, marked by notable losses in the Warehousing, Trading, and Transport sectors, contributing to a...

AUDUSD Initiates Positive Momentum, Faces Crucial Resistance at 0.6500

The AUDUSD pair commences the trading day on a positive note, aiming to breach the critical 0.6500 level. This development urges caution among traders,...

NZDUSD Sustains Bearish Momentum, Eyes Further Downside

The NZDUSD pair maintains its bearish stance, residing below the critical 0.6070 level, signaling the persistence of a negative trend in the upcoming period,...

USDCHF Maintains Upward Momentum, Eyes Further Gains

The USDCHF pair demonstrates a persistent bullish trajectory, consolidating its position above the 0.8700 level and enhancing the outlook for a continued uptrend in...

How does a half point spread work?

In the dynamic world of forex trading, where currencies are bought and sold on a global scale, understanding the intricacies of spread is crucial....

How does covering the spread work?

The foreign exchange market, commonly known as forex, is the largest and most liquid financial market globally, where currencies are bought and sold. The...

Why is digital gold better than physical gold?

Gold has long been regarded as a symbol of wealth, a store of value, and a hedge against economic uncertainties. Traditionally, investors have acquired...

Is spot gold a commodity?

Gold, a precious metal with a rich history spanning centuries, has played a multifaceted role in human societies – from a symbol of wealth...

Why is it called spot gold?

Gold has held a special place in human history for centuries, revered for its intrinsic value, beauty, and status as a store of wealth....

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