Spot Bitcoin ETFs Flooded with Cash, Analysts Skeptical of Repeat Performance

Spot Bitcoin ETFs Flooded with Cash, Analysts Skeptical of Repeat Performance

Bitcoin ETFs Experience Record Inflows After Successful Launch in January On May 3rd, Bloomberg analyst Eric Balchunas witnessed a monumental shift in the market. But will we ever see it again? Balchunas remains skeptical, even though Bitcoin’s value dropped below $60,000 and investors were pulling out of spot Bitcoin ETFs. Surprisingly, over 95% of investors … Read more

Emotional Shifts Trigger MA’s Support Swivel in EUR/USD

EUR/USD Chart

The EUR to USD exchange rate has been on a rollercoaster ride for the past two months, but the tides have finally turned in favor of buyers in the last two weeks. The uptrend may not be a clear victory yet, but buyers have been flexing their muscles and pushing the lows to new heights. … Read more

EUR/GBP holds 0.85 support after Eurozone CPI inflation

EURGBP-holds-0.85-support-after-Eurozone-CPI-inflation

The EUR/GBP landscape paints a gloomy picture as the bearish trend persists, with each high falling lower than the last. Despite this, a resilient support zone has emerged at 0.85 since July of last year. Just last week, we witnessed a slight rebound from this zone, but the bullish energy was lackluster, hinting at potential … Read more