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AUD/USD Points Higher Despite Mixed Employment Data


The employment data for September in Australia was mixed, as the country tries to put the coronavirus pandemic behind it. Despite the fact that unemployment rose to 4.6 percent, it was still lower than the predicted estimate of 4.8 percent. The country’s workforce shrank by 138,000 people...

Bitcoin Remains Supported, Ethereum Inches Higher, DOT Rallies


Bitcoin price gained pace above the USD 57,500 level. BTC even surpassed USD 58,000, but it faced hurdles near USD 58,500. There was a minor downside correction and the price is currently (12:04 PM UTC) attempting a fresh increase. Besides, most major altcoins are showing positive signs. ETH is...

Report: Kenya Has Fourth-Highest Interest in Cryptocurrency Globally


Kenya has the fourth-highest interest in cryptocurrency globally, a new research study by Broker Chooser has found. According to the study, only three countries — Ukraine, Russia, and the United States — have had higher searches for cryptocurrency in the last 12 months than Kenya....

IMF Warns of Higher Inflation, But Central Banks Shouldn’t Tighten Yet


said today.  According to their new report, central banks around the world should “generally look through” the currently elevated inflation numbers, and not tighten monetary policy “until there is more clarity on the underlying price dynamics.”The recommendation from the organ

Bitcoin Corrects Lower, Ethereum and Altcoins Struggle To Gain Pace


tradingview.com/symbols/ETHUSD/">ETH is trading well above USD 3,500 and it might accelerate higher if there is a break above USD 3,600. XRP failed to clear the USD 1.10 resistance and corrected lower. ADA spiked above USD 2.32, but there was no follow-through move.Total market capitaliz

Bitcoin Leads, Ethereum, Altcoins Show Mixed Results


bly start a fresh increase. ETH must settle above USD 3,550 to continue higher towards USD 3,700 or even USD 3,750. Similarly, XRP could accelerate higher if there is a close above USD 1.08 and USD 1.10. ADA is still facing a strong resistance near USD 2.32.Total market capitalizationSour

Bitcoin Trims Losses Ahead of Major Options Expiry


recovered from its overnight lows of USD 40,200, with a large bullish “wick” now visible in the daily chart as evidence that dip buyers arrived to bid the price higher.Following yesterday’s selling, a summary of the situation from crypto derivatives exchange Deribit also gave some traders ho

Bitcoin and Ethereum Respond To Key Support Levels


heavily. ETH dropped below the USD 3,200 and USD 3,000 support levels. XRP declined almost 4% and it even tested the USD 0.880 support zone. ADA spiked below USD 2.00 before correcting higher.Total market capitalizationSource: https://www.tradingview.comBitcoin priceAfter a close belo

Polygon (MATIC) Trades Flat Despite Higher Volumes!


Matic, since its inception in the year 2017, has undergone a lot of changes. From using the Ethereum network to run their operations to changing their name and launching their own blockchain, Matic has reached a new level of innovation. It uses a combination of the revered Plasma Framework...

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