Inactive Whale Moves $80,000 in BTC, Yet Bitcoin Buyers Remain in Charge
Bitcoin Whale Sells 80,000 BTC Amid Market Reactions In the early 2010s, Bitcoin Zilla accumulated a substantial amount of Bitcoin, having either mined or acquired it during its formative years. Recently, this entity made a significant move by selling 80,000 BTC through Galaxy Digital, an operation worth about $9 billion. This monumental sale, while shaking […]
EUR/USD Update 24/07: Climbs as Buyers Aim for 1.200 (Chart)
Strong Outlook Buy the EUR/USD pair, aiming for a target of 1.1900. Set a stop-loss at 1.1650. Timeframe: 1-2 days. Bearish Outlook Sell EUR/USD pairs with a target of 1.1650. Set a stop-loss at 1900. The EUR/USD exchange rate continues to hover around previous levels in anticipation of the European Central Bank’s (ECB) decision. There’s […]
Bitcoin processes positive US PPI news with a $120K liquidity move in sight for buyers
Key Points: Bitcoin’s price target is aiming for liquidity around $120,000. The US PPI inflation has cooled more than anticipated, providing some relief following the previous day’s high CPI figures. BTC/USD is avoiding movement toward CME gaps below $115,000. Bitcoin (BTC) sustained its overnight recovery during the Wall Street Open on Wednesday, supported by US […]
Trump’s 50% copper tariffs disrupt US market as buyers cut imports and postpone orders
Copper tariffs imposed by President Donald Trump have triggered a surge of interest among traders seeking to bring their imports to the U.S. As the anticipated 50% tax looms closer, there’s evidence that demand for metal is diminishing across the country, from Texas to New Jersey. Sam Desai, vice president of RM-Metals, a New Jersey-based […]
Rachel Reeves aims to support first-time buyers and new investors.
Changes to Savings and Investment Plans in the UK Savers who have been keeping their cash in low-interest accounts are now looking towards investment opportunities in stocks, according to recent government proposals. Banks are being encouraged to promote their investment potential through various advertisements, as mentioned by the Treasury. An initiative led by Prime Minister […]
New Tax Relief for Auto Loans Might Save Buyers Significant Money, But Will It Increase Sales?
New Tax Credit for Vehicle Loans Under Trump’s Tax Law Millions of Americans currently benefit from a federal tax credit for mortgage interest payments. Additionally, a new tax law introduced by President Donald Trump allows people to claim a tax credit on interest from vehicle loans for the first time. This new tax deduction is […]
Tax relief for auto loans from Trump could save buyers a lot — but will it increase sales?
Many individuals benefit from a federal tax credit for the interest on their mortgage payments. With the introduction of President Donald Trump’s tax law, a new option has emerged: tax credits on vehicle loan interest. This tax deduction isn’t just for people who itemize. Still, there are some restrictions. The vehicle needs to be new, […]
U.S. Mineral Buyers Discover Alternatives to China’s Export Restrictions
China’s Export Ban on Critical Minerals and American Responses In December, China restricted exports of several crucial minerals to the United States. However, American buyers have found ways to circumvent these limitations by sourcing materials through intermediary countries like Thailand and Mexico. Some Chinese companies are reportedly willing to assist in navigating around the ban. […]
Silver Price Outlook: Buyers are in control as long as it stays above the $35.40 support level
Silver is having difficulty taking advantage of the strong gains it saw earlier in the week. Mixed signals in the technology setups need to be considered before making any new trades. A drop below $36.00 might represent a buying opportunity that is still being upheld. During the Asian trading session on Thursday, silver (Xag/USD) appears […]
USD/CAD Price Outlook: Buyers are in control while remaining above the 100-period SMA on the H4 chart, close to 1.3675
USD/CAD sees some buying interest as declining oil prices put pressure on the currency pair. The moderate weakness of the USD seems to overshadow significant gains in spot prices. The current technical setup warrants a closer examination. The USD/CAD currency pair has shown some upward movement, bouncing back from the previous day’s range of 1.3680-1.3675, […]