Saudi Arabia explores alternatives to the petrodollar deal by participating in a China-led CBDC initiative. Saudi joins mBridge to reduce dollar dependence. As a crypto investor with a background in global finance and economics, I’ve closely watched the developments surrounding the petrodollar deal and its potential alternatives. The recent news of Saudi Arabia exploring digital … Read more
As a researcher with experience in the cryptocurrency market, I cannot stress enough the importance of being vigilant and cautious when investing in crypto exchanges. With the increasing popularity of digital currencies, unfortunately, comes an increase in fraudsters looking to take advantage of unsuspecting investors. Cryptocurrency investing can bring great pleasure, yet it comes with … Read more
Bitcoin’s price remained over $65,000 amid a decline in retail investor activity. Current on-chain data suggested a lack of short-term holder activity, indicating potential for future market movements. As an experienced analyst, I believe that Bitcoin’s current price stability above $65,000 is not a sign of market strength but rather a lack of retail investor … Read more
SHIB has seen its first price increase in a month, potentially sparked by another Elon Musk speculation. Despite the uptick, SHIB’s overall trend remained bearish. As a long-term crypto investor with experience in analyzing various digital assets, I’ve followed Shiba Inu (SHIB) closely. Despite the recent price increase sparked by Elon Musk’s latest tweet about … Read more
Greed remained dominant as the price of crypto assets declined. BTC has sipped and stayed below its support levels. As an experienced analyst, I have closely followed the cryptocurrency market for several years now. The recent decline in major crypto assets like Bitcoin (BTC) and Ethereum (ETH) has been a cause for concern among traders … Read more
Nvidia faced the Supreme Court review for securities fraud. Nvidia’s $3.34 trillion market value surpassed Microsoft and Apple. As a seasoned crypto investor, I’ve witnessed my fair share of market turbulence and legal battles within the industry. The recent news regarding Nvidia’s impending Supreme Court review for securities fraud is a concerning development that I … Read more