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XRP Down Almost 35% Since January Peak But Analysts Believe Declines Are Over

February 27, 2025 1:28 pm
Key moments XRP is approaching key support levels between $1.88 and $1.91, which could trigger a bullish reversal. A breakout above $2.44 and $2.99 resistance levels could confirm the start of a new uptrend, targeting $5.00 – $5.85 and potentially $8.00. Technical indicators, including the RSI and descending wedge pattern, suggest that selling momentum is […] Read more

Over MYR 23.7 Million Lost in TriumphFX Investment Scam, 72 Malay Victims Reported

February 27, 2025 12:29 pm
Key moments 72 investors have filed police reports, with total losses exceeding MYR 23.7 million. The syndicate promised monthly returns of 4% to 7% and used Zoom chats to attract victims. A TriumphFX clone has been identified, with 23 investigation papers opened. Malaysian authorities have uncovered a significant investment scam involving the offshore forex broker […] Read more

AUD/USD Dips to $0.6286 Falling Below Its Recent January High

February 27, 2025 10:42 am
Key moments The AUD/USD has fallen below its recent high and is approaching its 55-day moving average. The EUR/JPY is hovering above its recent low, with a key support zone holding for now, but may be poised for further declines. The USD/JPY has stabilized after a brief slide, with the yen remaining in demand as […] Read more

Bitcoin Enters Bear Market as Prices Suffer Dramatic 23% Drop to $83,740

February 27, 2025 9:58 am
Key moments Bitcoin prices have fallen by more than 23% to $83,740 since its January high. Bitcoin ETF outflows reached a record $1.1 billion on Tuesday. A $1.5 billion hack, policy disappointments, and a broader risk-off sentiment have contributed to the downturn. Bitcoin has entered bear-market territory, with its value declining by 23.4% on Wednesday […] Read more

GBP/USD Jumps to 1.2685, Almost 5% Recovery From Lowest Level for 2025

February 27, 2025 8:39 am
Key moments The GBP/USD exchange rate has reached its highest level since December 18, driven by the US dollar’s decline and easing geopolitical tensions. The US dollar’s performance and potential tariff imposition on Canada and Mexico are key factors influencing the GBP/USD pair. The upcoming US GDP and initial jobless claims data are unlikely to […] Read more

FBI Indicts North Korea for Stealing $1.5 Billion in Crypto

February 27, 2025 8:05 am
Key moments FBI has accused North Korea of stealing $1.5 billion worth of digital assets from Bybit exchange. The theft is believed to have been carried out by a group called TraderTraitor, also known as the Lazarus Group, which has been linked to several high-profile cyberattacks in the past. The stolen assets are being rapidly […] Read more

Cardano Price Predicted to Surge 60% to Above $1 in March, But New Altcoin May Outshine It

February 27, 2025 7:25 am
Key moments Experts predict a 60% increase in Cardano’s price in March, potentially exceeding $1, driven by its recent performance, new constitution, and technical signals. Remittix’s PayFi framework is gaining attention for its ability to merge blockchain technology with fiat transactions, offering a practical solution for international transfers. Analysts believe that Remittix could outperform Cardano […] Read more

USD/NOK gains with focus on US GDP, PCE data

February 26, 2025 12:22 pm
The USD/NOK currency pair firmed on Wednesday, while reversing a loss from the prior trading day, ahead of key US macro data releases. Market players awaited the second estimate of US GDP growth for Q4 on Thursday and the PCE inflation figures on Friday for more guidance on the Fed’s monetary easing trajectory. Yesterday the […] Read more

USD/SEK rebounds from a fresh four-month trough

February 26, 2025 10:07 am
The USD/SEK currency pair rebounded from a fresh four-month low of 10.5641 on Wednesday, recouping part of the losses from the prior trading day, ahead of crucial US macro data releases. Market players awaited the second estimate of US GDP growth for Q4 on Thursday and the PCE inflation figures on Friday for more guidance […] Read more