What is Ethereum?

Ethereum is an open-source public service that makes use of blockchain technology to facilitate smart contracts and cryptocurrency trading securely without a third party. There seem to be 2 accounts available through Ethereum: externally owned accounts (controlled by private keys influenced by human users) and contract accounts. Ethereum was created with the purpose to enable [...]

Yellow metal trades upside on dollar pullback

Gold was trading up on Monday morning in Asia. Pullback of the dollar gave the yellow metal a boost. The Fed’s dovish stance on interest rates hike combined with lower levels of US labor force participation had gave some pressure to the dollar last week which helped in the yellow metal's surge. The most important [...]

BTC/USD Weekly Forecast (08th November 2021 – 12th November 2021)

Fundamental view: Bitcoin hovered around $60k this week. This hovering indicates reduced volatility and might be an indication of the explosive move. Bitcoin  enjoyed a bullish outlook in October after the anticipation of the approval of an ETF. Given that the products approved by the SEC were futures and not spot, the BTC community was [...]

XAU/USD Weekly Forecast (08th November 2021 – 12th November 2021)

Fundamental view: Gold struggled to find direction in the first half of the week and fell on Wednesday but later clinged on its gain in the second half of the week. As it was expected, the Fed left its benchmark interest rate, the target range for federal funds, unchanged at 0%-0.25% and had unveiled that [...]