Victor Seda

Passionate about blockchain, and the decentralized internet.A writer in the morning, goalie in the evening.The aim is to keep my readers informed about the ever-evolving world of web3 with a unique blend of expertise and storytelling.

Ethereum Weekly Analysis: Week 15 Market Overview

Ethereum weekly price analysis shows the second-largest cryptocurrency trading at $2,214.39, recording an impressive 8.62% weekly gain despite a slight 24-hour pullback of 0.89%. The market finds itself at a pivotal junction where profit-taking pressure confronts renewed institutional interest following the growing optimism around Ethereum spot ETF approvals. This week’s price action will likely be…

Ethereum Weekly Price Analysis

Gold (XAU/USD) Weekly Analysis: Bulls Defend $4,600 Support Amid Dollar Weakness

Gold (XAU/USD) weekly price analysis shows the precious metal trading at $4,749.44, recovering 1.56% from last week despite remaining 8.21% below March’s record highs. The market finds itself at a critical inflection point where profit-taking from March’s rally confronts renewed buying interest driven by persistent geopolitical tensions and expectations of Federal Reserve rate cuts. This…

Gold (XAU/USD) Weekly Price Analysis

Bitcoin Weekly Analysis: Consolidation Near ATH After Spot ETF Milestone

Bitcoin trades near $71,662 as it navigates a key consolidation phase just below its all-time high, following a substantial 7.12% weekly gain. The market currently sits at an inflection point where profit-taking pressure battles against sustained institutional accumulation, with spot Bitcoin ETFs officially surpassing gold ETF inflows for 2024. This week’s focus shifts to CPI…

Bitcoin weekly Analysis

GBP/USD Weekly Analysis: Cable Surges Past 1.34 On Strong UK Economic Data

GBP/USD weekly price analysis shows Cable trading around $1.346, completing a robust 1.81% weekly gain after rebounding sharply from Monday’s low of $1.3189. The pound’s recovery reflects growing optimism about UK economic resilience clashing with persistent Federal Reserve hawkishness. This week’s decisive move above the $1.34 threshold came primarily on the back of stronger-than-expected UK…

GBP/USD Weekly Price Analysis

EUR/USD Weekly Price Analysis: Bullish Momentum Takes Pair Above 1.17 Resistance

EUR/USD weekly price analysis shows the pair broke decisively above the key 1.17 resistance level, finishing the week at 1.173 with a solid 1.67% weekly gain. The currency pair’s upward trajectory reflects a fundamental tug-of-war between expectations of European Central Bank’s cautious approach to rate cuts against the Federal Reserve’s increasingly dovish stance. This divergence…

EUR/USD Weekly price Analysis

China Orders Apple to Remove Jack Dorsey’s Bitchat from App Store

Apple has removed Bitchat, the decentralized messaging app created by Block CEO Jack Dorsey, from its China App Store following a direct order from Beijing’s internet regulator. The Cyberspace Administration of China cited violations of regulations governing services with public opinion or social mobilization capabilities, marking the second time Chinese authorities have targeted a Dorsey-backed…

China Orders Apple to Remove Jack Dorsey's Bitchat from App Store

US Economic Data Takes Center Stage as ADP Payroll and Retail Sales Reports Loom

A packed schedule of US economic indicators is set to dominate forex markets on Wednesday, with ADP Non-Farm Payroll figures, retail sales data, and the ISM Manufacturing PMI reading all due for release. Traders are bracing for volatility as the reports could significantly influence Federal Reserve policy expectations and currency valuations. The ADP private sector…

US Economic Data Takes Center Stage as ADP Payroll and Retail Sales Reports Loom

Bitcoin Drawdown 50% This Cycle Shows Maturing Market, Fidelity Says

Bitcoin has experienced a significantly milder drawdown this market cycle compared to previous cycles, declining approximately 50% from its all-time high rather than the historic 80% to 90% drops, according to Fidelity Digital Assets research. The cryptocurrency’s post-all-time-high drawdowns have historically been severe, but this cycle has shown considerably less dramatic declines, Fidelity Digital Assets…

Bitcoin Drawdown 50% This Cycle Shows Maturing Market, Fidelity Says