DIFX Buzz: Here’s a weekly market recap for you to start your Monday with the top news of the week. Read the Data Let’s take a quick look at some market data: US Stock Market from the Beginning of 2022 ❖ In early 2022, we saw stocks fall as the FedContinue reading "Market Recap: Twitter Becomes “X”, Worldcoin Makes Its Debut"
Wednesday should bring the final rate increase from the Fed’s aggressive post-pandemic hiking cycle while the ECB is expected to hike rates this Thursday by 25 basis points. The Core PCE Price Index will be released on Friday and as the primary indicator forContinue reading "Markets Have Their Eyes on Wednesday’s FOMC Meeting, Friday’s Inflation Data"
Worldcoin Officially Listed To Trade on DIFX Dear DIFX users, Digital Financial Exchange (DIFX) has officially added Worldcoin (WLD), the core utility token for the globally-inclusive identity and financial network, owned by the majority of humanity toContinue reading "New Listing: Worldcoin ($WLD)"
DIFX Buzz: Here’s a weekly market recap for you to start your Monday with the top news of the week. Read the Data Let’s take a quick look at some market data: CFTC Net Dollar Position (Reuters) ❖ The CFTC data shown above is taken from the Dollar positions ofContinue reading "Crypto Market Regains Confidence as Ripple Wins the War Against SEC"
The G20 summit in India will host financial chiefs to discuss global matters, the most pressing topics regarding sustainable financing for developing economies as they struggle to meet interest rate payments whilst facing high borrowing costs, currency devaluations,Continue reading "Dollar Bearish Against a Bullish GBP, Meta Rides the AI Wave"
Digital Financial Exchange (DIFX) is adding Rimaunangis Token (RXT), a new metaverse-focused cryptocurrency to its spot exchange. The RXT/USDT pair will be listed on the DIFX platform at 18/07/2023 12:00 PM (UTC).Continue reading "Rimaunangis Token (RXT) Officially Delisted"
Ethereum, the second-largest cryptocurrency by market cap, is a favorite amongst a large portion of crypto holders. With the overall crypto market eyeing out a new bull run, we decided it was time to do a check-up on how the protocol is operating in terms of liquidity,Continue reading "Ethereum Market Analysis: Staking & NFTs"
Among many other characteristics, the cryptocurrency market is known for its high volatility as prices of all crypto assets —excluding stablecoins — are always, either rising or falling. While most crypto traders prefer the bull season, the cryptocurrency market downContinue reading "6 Key Ways to Get Through a Market Down Cycle"
DIFX Buzz: Here’s a weekly market recap for you to start your Monday with the top news of the week. Read the Data Let’s take a quick look at some market data: Nonfarm Payrolls ❖ Last week, we saw the lowest nonfarm payroll reading since the pandemic era.Continue reading "Market Recap: Eyes on Wednesday’s CPI Data as Bearish Dollar Pushes Gold Higher"
Jobs data came out mixed last Friday with Wages Growth coming out hot while Nonfarm Payrolls cooling off. The labor market still remains tight which means there are more jobs available than unemployed people who are willing and capable of finding.Continue reading "AI Stocks Leading Markets, Ethereum Trading Bullish"
DIFX Buzz: Here’s a weekly market recap for you to start your Monday with the top news of the week. Let’s see what happened in markets this week: Forex ❖ This week, the FOMC will release minutes from the Fed’s June meeting where they made it clear theyContinue reading "Market Recap: Traders Expecting FOMC Minutes and Jobs Data to Move the Markets"
Japan’s Finance Minister says they will take necessary steps to combat Yen’s weakness as the currency hit a high of $145. This is around the same area where the government last stepped in to buy Yen toward the end of 2022. Last week, economic data out of the USContinue reading "Bitcoin is Eyeing $32k as the ETF Fight Drags By"