Category: Struggles
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Grayscale ETH ETF Outflows Hit $2 Billion As Ethereum Price Struggles Below $3,000
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Ethereum’s price performance has been a major concern for investors over the past few weeks, as it has continued to trend downward. What makes the coin’s struggles even more worrying is that it has shown no signs of relief despite the recent launch of Ethereum-specific exchange-traded funds (ETFs) in the…
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Grayscale ETH ETF Outflows Hit $2 Billion As Ethereum Price Struggles Below $3,000
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Ethereum’s price performance has been a major concern for investors over the past few weeks, as it has continued to trend downward. What makes the coin’s struggles even more worrying is that it has shown no signs of relief despite the recent launch of Ethereum-specific exchange-traded funds (ETFs) in the…
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Yen choppy after BOJ hikes, Aussie struggles as RBA cuts eyed By Reuters
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Written by Ray Wee SINGAPORE (Reuters) – The yen swung between gains and losses on Wednesday after the Bank of Japan raised interest rates at the end of its two-day policy meeting and unveiled a detailed plan to scale back its massive bond-buying programme. The yen rose about 0.8% to…
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Euro rises after France’s first-round vote, yen struggles By Reuters
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By Ray Wee SINGAPORE (Reuters) – The euro rose on Monday after the first round of snap elections in France put the far right in front, albeit by a smaller margin than expected, while a cut in Japan’s first-quarter growth figures sent the yen lower. Exit polls in France showed…
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Original TRUMP Token Struggles With Exchange Listings, Price Plummets
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The cryptocurrency market has been no stranger to the ups and downs of meme currencies, with many projects trying to capitalize on popular culture and public figures. One such endeavor is the creation of a memecoin inspired by former US President Donald Trump, also known as the DJT token. However,…
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Original TRUMP Token Struggles With Exchange Listings, Price Plummets
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The cryptocurrency market has been no stranger to the ups and downs of meme currencies, with many projects trying to capitalize on popular culture and public figures. One such endeavor is the creation of a memecoin inspired by former US President Donald Trump, also known as the DJT token. However,…
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Dollar struggles for direction, sterling rises after data By Reuters
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Written by Ray Wee and Stefano Ribaudo (Reuters) – The dollar stabilized on Wednesday, as weak US economic data affected strengthening US bets on lowering interest rates, but political tensions in Europe provided some support by weakening the euro. Meanwhile, the pound rose after data showed that services inflation in…
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Mexican peso struggles amid President-elect’s reform plans By Investing.com
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Investing.com – The Mexican peso faced pressure as it approached a recent peak of 18.60 in overnight trade in Asia. The move comes after Mexico’s president-elect, Claudia Sheinbaum, announced that judicial reform would be an early topic of the new congress in September. The peso has already weakened by 8%…
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Meme Coins in Retreat as Bitcoin (BTC) Struggles to Maintain $71K (Market Watch)
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Bitcoin’s price rally was halted at just under $72,000 despite impressive ETF inflows yesterday, and the asset has fallen by about a thousand since then. Most altcoins are also slightly lower today after yesterday’s big gains, but BNB is still above $700, while LINK is down 3%. BTC is struggling…
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Bitcoin Price Struggles: Can the Leading Cryptocurrency Start Fresh Increase?
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Bitcoin price continued its decline below the $68,000 level. BTC is now slowly moving towards the $66,250 support area in the near term. Bitcoin extended its bearish correction below the $68,000 area. The price is trading below $68,500 and the 100 hourly simple moving average. There is a major bearish…