Utilising MarketHive to Promote CryptoCurrency
Bitcoin price whipsaws on Fed rate decision, reclaims support above $34,600 The broader crypto market experienced a slight uptrend in trading on Wednesday after the Federal Reserve announced that it would be holding interest rates steady in a range of 5.25%-5.5%, the highest level in 22 years. While rates remain unchanged for the time being, […]
UK to implement first set of crypto regulations in 2024, Spain to implement MiCA in 2025 The government of the U.K. has completed its review of comments received from the public regarding its proposed regulatory regime for crypto assets and has decided to move forward with implementing the first set of rules to regulate the […]
China's gold output, consumption rise in 2023, gold ETFs add 9.53 tonnes in Q3 China’s gold production and consumption both increased over the first nine months of 2023, while the country’s gold ETFs also saw significant inflows in the third quarter, according to a report from Xinhua. “China produced 271.248 tonnes of gold in the […]
This is why the fiat system 'ruins everything' and 'must be destroyed' – Jimmy Song The fiat system is responsible for not only bad financial practices and mountains of debt but also distorted incentives on personal and professional levels, according to Jimmy Song, Bitcoin Developer, Author, Educator and Entrepreneur. In his new book, 'Fiat Ruins […]
Gold continues to shine as rising debt could cause bond yields to become unanchored – Sprott's McIntyre There is no question that geopolitical uncertainty caused by chaos in the Middle East was the spark that ignited safe-have demand for gold and drove prices up from their seven-month lows; however, there is another factor at play […]
Gold bulls on parade, S&P setup for a black Monday? Monday, I wrote that my base case for the S&P is that prices are headed to the 200-week average. The breach of the trendline is turning out to be significant; we can’t tell the future, but we can let the trendline be a guide. Even […]
Bitcoin price is up 100% year-to-date, Gareth Soloway charts the next level for Bitcoin Bitcoin is up more than 100% year-to-date and 30% in the last two weeks, reigniting bullish sentiment. Gareth Soloway, Chief Market Strategist at InTheMoneyStocks.com and President of VerifiedInvesting.com, charts how far this recent rally can go. Bitcoin hit a 17-month high […]
Modest price gains for gold as bulls still have strength Gold prices are mildly higher and silver mildly lower in midday U.S. trading Wednesday. Chart consolidation is the feature in both metals this week, but the bulls still hold the upper technical hand at present. December gold was last up $5.10 at $1,991.90. December silver […]
Gold prices pull back as Middle East tensions ease, silver maintains bullish bias – DailyFX's Snow Gold prices have come off their recent highs due to successful diplomatic efforts which have allowed for a near-term de-escalation in the Middle East, according to Richard Snow, Strategist at DailyFX. In his analysis, Snow noted the recent agreement […]
Another one bites the dust: gold price hits a record high against Aussi dollar The gold market continues to attract attention as prices push back to $2,000 an ounce, with many analysts now saying that the precious metal could be on its way to all-time highs. However, as a global monetary metal, gold has already […]
