Litecoin bounce back stallsSolana is under pressure after bouncing backCrypto mainstream adoption stalls Cryptocurrencies are in consolidation mode after a recent bounce back. However, major coins are struggling for direction as the upward momentum shows signs of exhaustion. A stalled bounce back is already looming, with short sellers on the brink of fuelling another leg … [Read more...] about Why Solana and Litecoin Could Still Tank After Recent Bounce Back
New York Manufacturing Retreats to Negative Territory
Source: New York Fed New York business activity contracted in May, marking the second negative reading in the past three months after the strong growth in the previous month. QQQ is down 0.70%, while SPY is down 0.48%. New York manufacturing stood at -11.6 in May, reflecting a 36-point decline, based on results of the latest Empire State Manufacturing Survey.Some 20% of … [Read more...] about New York Manufacturing Retreats to Negative Territory
How to Choose a Crypto Trading Bot
Automated or robot trading enables active cryptocurrency trading without the need to monitor your computer all the time. It employs algorithms to acquire and sell cryptocurrency automatically at predetermined periods. The strategies can execute trades depending on a variety of factors, including asset price, technical indicators, or even the overall worth of your … [Read more...] about How to Choose a Crypto Trading Bot
China’s Retail and Factory Activity Slips as COVID-19 Restrictions Hurt Factories
Source: National Bureau of Statistics of China China’s retail and factory activity dropped sharply in April as widespread COVID-19 restrictions confined consumers and workers to their homes and disrupted supply chains. CSI 300 Index down -0.80%, CNYUSD down -0.01% Full or partial lockdowns were implemented in major cities across the country in March and April, hampering … [Read more...] about China’s Retail and Factory Activity Slips as COVID-19 Restrictions Hurt Factories
Margin GRID Bot Review: An Unbiased Crypto Bot Analysis
Margin GRID Bot is a bot that is suitable for different types of markets like fluctuating, downtrending, and uptrending. The developer behind that system claims that you can make both trending and arbitrage money with this bot. In this review, we are going to analyze its different aspects. First Margin GRID Bot quick summary Upsides Downsides In-built crypto … [Read more...] about Margin GRID Bot Review: An Unbiased Crypto Bot Analysis
