Markets

[PRESS RELEASE – Dubai, United Arab Emirates, June 28th, 2024] Reversedo, a forex robot software, has just been released by the fintech firm Avenix Fzco. This cutting-edge expert advisor (EA) focuses on the XAUUSD (gold) market and was created especially for the MetaTrader 4 trading platform. Using algorithms and technical indicators, Reversedo examines market trends and looks for possible reversal points. This enables traders to make choices and be ready for any type of...

[PRESS RELEASE – Dubai, United Arab Emirates, June 28th, 2024] Avenix Fzco, a UAE-based fintech firm, latest software, Trendonex, is an advanced forex robot developed for automating trades on the MetaTrader 4 (MT4) platform. It is an advanced Expert Advisor (EA) tailored for the H4 time frame and specifically designed for trading XAUUSD, offering potentially optimal results in a range of market conditions. Avenix Fzco’s seeks that its commitment to innovation, and providing...

[PRESS RELEASE – Dubai, United Arab Emirates, June 28th, 2024] Pivlex is the newest automated trading solution from pioneering fintech company Avenix Fzco. With an emphasis on the Gold market, this Expert Advisor (EA) is made to potentially improve trading possibilities on the M1 timeframe. Pivlex provides traders with a more effective tool for enhancing their trading process by using sophisticated algorithms. Its approach is based on carefully arranging pending orders to...

[PRESS RELEASE – Dubai, United Arab Emirates, June 28th, 2024] Leading the fintech industry in Dubai, Avenix Fzco has launched Majestic EA, its newest automated forex trading solution. This forex robot software offers users of the MetaTrader 5 (MT5) platform a powerful and easy-to-use solution that is intended to completely transform the way traders interact with the foreign exchange market. Using cutting-edge algorithms and technical analysis, Majestic EA aims to potentially...

T-Rex Group – a financial services company – has filed for a 2x leveraged MicroStrategy (MSTR) exchange-traded fund (ETF) in the United States. This financial vehicle is being deemed as potentially the most volatile ETF in the country. The filing with the Securities and Exchange Commission’s EDGAR platform reveals that the main aim of the objective of the fund, dubbed ‘T-Rex 2X Long MSTR Daily Target ETF,’ is to magnify the daily performance of the publicly traded common...

Bitcoin miners have been one of the key players causing market declines as they engaged in intense selling after the latest halving event which slashed the mining rewards from 6.25 to 3.125 BTC earlier this year. However, the latest data suggest that the selling pressure from these entities has significantly decreased. Such a trend could potentially bolster the asset’s price and trigger a market-wide surge. Weakening Miner Sell Pressure The recent bearish market conditions...

Meme coins are at it again. Brett (BRETT) has been turning heads this week, leaving investors wondering if it’s headed for the $0.20 mark. Meanwhile, a new project on Base – Base Dawgz (DAWGZ) – has raised over $2.2 million in its ICO phase and is drawing attention from the masses. BRETT Price Surges & Shows No Signs of Stopping The meme coin market never rests, and this week, BRETT proved it with a bullish surge that’s got everyone talking. Since Monday’s low, the token...

Bitcoin Cash (BCH) is back in the spotlight with a hefty 16% pump this week. The OG Bitcoin’s famous spin-off seems to be finding its groove, reminding everyone that it’s still a top altcoin. At the same time, a new project called 99Bitcoins Token (99BTC) is performing well in its presale phase – proving that there’s always room for innovation in the crypto market. BCH Price Rallies as Bullish Technicals Align Bitcoin Cash is on a tear, climbing to $399 after dropping as low...

Investors are buzzing as three heavyweight AI projects – Fetch.ai, SingularityNET, and Ocean Protocol – prepare for their upcoming merger. This merger will create the ASI (Artificial Superintelligence) token, shaking up the entire AI crypto scene. And as the countdown begins, investors are wondering if this union could spark a broader rally in AI-related tokens like WienerAI. ASI Token Merger Creates Powerhouse Alliance The ASI token merger is like three tech superheroes...

There will be no sharp correction following any potential interest rate cuts by the U.S. central bank in September or November. This is the prediction from analyst ‘RamenPanda’ who explained their thinking in a lengthy post on X on June 27. The analyst noted that during times of financial crisis, such as in 2008, the Fed cuts rates to preserve the economy. However, in that scenario, markets fared worse, and stocks fell following the cuts. We all know it’s pretty certain that...