Block Journal

AUD/JPY may approach the psychological support level at 96.00. The bearish sentiment persists as the 14-day RSI continues to stay below the 50 mark. The currency cross could retest the nine-day EMA at the 97.26 level. The AUD/JPY cross halts its two-day winning streak, trading around 97.00 during the Asian hours on Tuesday. The 14-day Relative Strength Index (RSI) remains slightly below the 50 level, indicating a bearish momentum is still in play.

Bitcoin, currently valued at $107,075 to $107,748 over the last hour, has a market capitalization of $2.12 trillion and a 24-hour trading volume of $118.01 billion. It navigated a session marked by pronounced volatility. The cryptocurrency’s intraday price fluctuated between $99,462 and $109,356, reflecting a dynamic response to market conditions as Donald Trump assumes the […] Read the full article here This website uses cookies.

After the recent events in the cryptocurrency market, some objections have begun to rise, especially from altcoin owners. As is known, the new President of the United States, Donald Trump, launched his own memecoin and this altcoin took the market by storm. TRUMP, which is the 16th largest cryptocurrency in the world at the time of writing, is accused of diluting the market by other altcoin owners. However, cryptocurrency analyst il Capo released a statement on the subject.

US President-elect Donald Trump’s launch of his own cryptocurrency, $TRUMP, has created a storm in the crypto world, with its market capitalization soaring to several billion dollars in a short period. The meme coin was released just days before Trump’s inauguration as the 47th President of the United States. Critics have raised concerns that the timing of the release may be an attempt by Trump to cash in on his presidency.

A top senator is spearheading efforts to regulate cryptocurrencies, prioritizing clear rules for digital assets to boost innovation, protect consumers, and ensure U.S. global competitiveness. 119th Congress: Senator’s Ambitious Plan to Lead US in Crypto Regulation The U.S. Senate Committee on Banking, Housing, and Urban Affairs announced on Jan. 15 that Chairman Tim Scott has […] Read the full article here

NZD/USD attracts some buyers to near 0.5600 in Monday’s early Asian session, up 0.20% on the day. The PBoC left the one-year and five-year Loan Prime Rates (LPR) unchanged on Monday. The Fed’s dovish expectation could weigh on the USD and create a tailwind for the pair. The NZD/USD pair holds positive ground around 0.5600 during the Asian trading hours on Monday. The Kiwi remains strong after the People’s Bank of China (PBOC) announced to leave its Loan Prime Rates (LPRs) unchanged on Monday.

President-elect Donald Trump’s newly launched cryptocurrency, $TRUMP, has created a massive stir in the crypto world, skyrocketing in value as his inauguration weekend approaches. According to Fox Business, within 24 hours, the value of $TRUMP skyrocketed from just a few cents to $33.87, marking an incredible gain of over 18,000%. Adding to the excitement, Coinbase, one of the largest cryptocurrency exchanges in the U.S., announced that it would list the $TRUMP coin.

The cryptocurrency market is showing a strong performance as Bitcoin leading the charge. Looking at weekly performance, Bitcoin saw an impressive 9% increase after an earlier slowdown, Ether rose more than 3%, and XRP experienced a massive surge of nearly 34%. With the crypto market rebound underway, the market is waiting for its next move as Donald Trump prepares for his inauguration.

Amid the overall resurgance of the broader cryptocurrency market, Ripple’s native cross-border token stole the show in the past few days and flew past $3 and even up to $3.4 to match its 2018 all-time high. Although the asset failed to go into uncharted territory on most exchanges, the network usage and whale activity continue to rise, suggesting that it could still mark new peaks during the ongoing cycle.

Tether Holdings Ltd., the issuer of the world’s largest stablecoin, USDT, is exploring the potential for a greater presence in the United States. The chief executive of the company has cited favorable market conditions and a promising regulatory outlook under President-elect Donald Trump as key factors driving this consideration.