Bitcoin’s price surged to a two-week high following China’s announcement of unclear fiscal stimulus measures. The uncertainty surrounding the scale of China’s economic efforts has sparked speculation that investors may shift their capital from Chinese equities to cryptocurrencies, such as Bitcoin.Adding to the bullish sentiment, rising odds for a pro-crypto …
Read More »Noor Capital | Interview with Mohammed Hashad on Alarabiya TV – Oct 11, 2024
In an interview conducted by Alarabiya Television, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of the U.S. labour market, inflation, and the potential future moves of the Federal Reserve. Are Markets Focusing …
Read More »Bitcoin Rises as Mt Gox Postpones Creditor Repayment Deadline
Bitcoin’s price climbed on Monday, continuing a weekend rebound after the defunct crypto exchange Mt Gox delayed its asset repayment to creditors by a year, alleviating concerns about a near-term sell-off. Despite the gains, broader crypto markets remained rangebound, with limited positive catalysts. Last week, prices were shaken by concerns …
Read More »Crypto investment hit record outflows amid Middle East tensions
Bitcoin is trading around the $63,000 level on Monday as a CoinShares report reveals that crypto investment products recorded outflows totaling $147 million last week, breaking their three-week inflow streak.Crypto assets witness outflows stirred by negative flows in Bitcoin ETFsCrypto ETFs recorded outflows totaling $147 million last week, according to …
Read More »After Major Crash, Bitcoin Remains Resilient
Bitcoin’s price has remained relatively stable despite the escalating Middle East crisis. While the broader cryptocurrency market has experienced a significant downturn, Bitcoin has demonstrated resilience, supported by bullish sentiment in derivatives markets and a potential shift in Federal Reserve monetary policy.Despite the geopolitical tensions, Bitcoin’s price has shown remarkable …
Read More »Bitcoin Ends Volatile September with a Mixed Bag of Gains and Losses
Bitcoin experienced a significant price dip in September, falling to near $63,000. This decline was attributed to technical overbuying conditions and a broader market correction. Despite this temporary setback, the cryptocurrency remains on track for its strongest September in several years, with gains of over 7% for the month. On …
Read More »Financial Markets Weekly Recap: US Data supports Fed’s inclination to more aggressive rate cut
Last week, risk assets and gold emerged as the clear winners over the dollar in the financial markets race. This was fueled by recent economic data releases from the United States, which reinforced the perception of price stability and strengthened the likelihood of continued interest rate cuts by the Federal …
Read More »Bitcoin Nears Key Breakout as Global Monetary Easing Boosts Risk Appetite
Bitcoin’s price surged on Wednesday, driven by a wave of global monetary easing that funneled more investments into risk-driven assets. The world’s largest cryptocurrency is now eyeing a major breakout, supported by recent stimulus measures from China and expectations of interest rate cuts from both the Swiss and Swedish central …
Read More »Noor Capital | Interview with Mohammed Hashad on Kuwait TV – Sept 23, 2024
In an interview conducted by Kuwait Television, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of key assets in the financial markets. Wall Street’s Collective Gains and Weekend Variation Over the past week, …
Read More »Noor Capital | Interview with Mohammed Hashad on Dubai TV – Sept 23, 2024
In an interview conducted by Dubai TV, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of key assets in the financial markets. Eurozone Economic Outlook At the start of the week, a series …
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