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Showing posts from October, 2022

Bitcoin Metrics Demand BTC Price Gains As Analysis Calls For Near-Term Caution!

  Rare signals coming from derivatives markets echo the start of previous Bitcoin price run-ups, but a bearish retest of support could come first, says Decentrader. Bitcoin (BTC) has a “possibility” of winning back more lost ground this month, but a retest of $40,000 may test bulls beforehand. In its latest market update on Feb. 11, trading suite Decentrader voiced cautious optimism over BTC price action. Derivatives turn complementary After rallying above $45,500 on the back of United States economic data, BTC/USD has since dropped back into the range that has defined it this week.   For Decentrader, the chances of a low-timeframe decline are there, even if on-chain metrics are putting in rare bull signals. “Bitcoin is at a relatively neutral level with clear zones of resistance and support above and below,” the update summarized. Acting in bulls’ favor is sentiment, now in “neutral” rather than “fear” territory, and encouraging signs from derivatives markets — low funding r...

Metaverse Will Be The Future Of Partying Paris Hilton!

  The pop culture princess treated viewers to an  NFT  from her new Superplastic collection on The Tonight Show.   OG influencer  Paris Hilton  has continued her crusade into the metaverse, saying  she sees it as the "future of partying, hanging out and socializing o n Monday,  Hilton  appeared as a guest on The Tonight Show Starring Jimmy Fallon.   Where he discussed his experiences in the non-fungible token  (NFT) community Hilton  told Fallon he would be leaving his first NFT collection with Superplastic on the Source Protocol "soon" but didn't elaborate on a framework for Superplastic is a Vinyl. She revealed the collection, titled  "Forever Fairytale,"  to viewers a collage of memories with her new husband Carter Reum  Then she gave away the company's first  NFT   collection to Fallon and more  NFTs  to every viewer."   I think it's the first  NFT giveaway  in te...

Binance Obtains In-Principle Approval To Operate In Kazakhstan

The  Astana Financial Services Authority , or AFSA, an independent financial regulator in  Kazakhstan , has taken a step towards licensing major cryptocurrency exchange  Binance  to operate in the country. In a Monday announcement, AFSA said it had granted in-principle approval toward Binance operating as a digital asset trading facility and providing custody services in the Astana International Financial Centre, a financial hub in the capital city of  Nur-Sultan . 🔷Keep Pushing Your Profitable Trading With🔷 AssetsFX In a Monday blog post, Binance said it was required to complete the application process for approval, which the crypto exchange expected to do “in due course.” According to AFSA CEO  Nurkhat Kushimov , the move toward granting Binance a license to operate in Kazakhstan could lead to the development of a “vibrant ecosystem of digital assets industry locally and regionally.” Binance founder and CEO  Changpeng Zhao , or CZ, added that the e...

Best Cryptocurrency Indicators To Follow [Updated In 2022]

  Cryptocurrency indicators are important tools that can be used to track the performance of different digital assets. While a range of different indicators can be used, some of the most popular include market capitalization, trading volume, and price. Cryptocurrency indicators can provide valuable insights into the overall health of the market, as well as help to identify potential buying and selling opportunities. For example, a sudden increase in trading volume can often signal that a cryptocurrency is about to experience a price surge. Similarly, a sharp decline in market capitalization can indicate that a digital asset is losing popularity or is about to experience a price crash. The Market Cap Of All Cryptocurrencies The market capitalization of all cryptocurrencies is over $100 billion. This is a huge increase from the $12 billion market cap in January 2017. Despite the recent volatility in prices, the overall trend is clear – cryptocurrencies are here to stay and their po...

Rising Costs Lack Of Widebody Flights Pose Risks To Recovery In Aircraft Maintenance Market!

  The global aircraft maintenance, repair, and overhaul (MRO) sector face fresh challenges from rising labor costs and a weak recovery in the widebody market. As shop visits begin to rebound after a severe pandemic-related slump. The MRO sector, worth an estimated  $68.4  billion in 2021, according to consultancy Oliver Wyman, has been battered by retirements of older planes.  Which typically require more maintenance, and reduced flying hours for the rest of airlines fleets.   That has led to less wear and tear on parts and given airlines with grounded planes the ability to conserve cash and postpone shop visits. Industry delegates at the Singapore Airshow said that the outlook was improving but that labor costs were rising. They said the recovery was lumpy and focused on specific areas where air travel was rebounding, such as narrowbody aircraft and dedicated freighters, with older passenger widebodies lagging well behind.   There is a general labor short...

Fed's Bowman: More 75 Basis-Point Hikes Should Be On The Table

  (Reuters) - The U.S.  Federal Reserve  should consider more 75 basis-point interest rate hikes at coming meetings in order to bring high inflation back down to the central bank's goal, Fed Governor  Michelle Bowman  said on Saturday. "I supported the FOMC's decision last week to raise the federal funds rate another 75 basis points," Bowman said in prepared remarks to a Kansas Bankers Association event in Colorado, referring to the Federal Open Market Committee that sets monetary policy. "My view is that similarly-sized increases should be on the table until we see inflation declining in a consistent, meaningful, and lasting way." 🔷Keep Pushing Your Profitable Trading With🔷 AssetsFX A procession of policymakers this week have shown stiffening resolve to continue the aggressive monetary tightening, with nearly all of them making plain the central bank remains determined to press ahead with rate hikes until it sees strong and long-lasting evidence that inf...