Brent oil fell to $77 as Saudi’s price cuts overshadow Mideast worries

Posted on by Vrasidas Neofytou

Last Wednesday, local protests forced a full production shutdown at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.

Adding to the downward oil price momentum, Iran-backed Yemen Houthi’s missile attacks that have disrupted shipping in the Red Sea and some output shutdowns in Libya due to protests have been overshadowed by a huge U.S. fuel inventory buildup according to data from the Energy Information Agency.

Last Wednesday, local protests forced a full production shutdown at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.

The ongoing tensions between Hamas-Israel, Ukraine-Russia, and the Red Sea crisis have failed to support the falling oil prices as the regional military conflicts haven’t yet impacted the supply-demand dynamics that determine global oil prices.

Adding to the downward oil price momentum, Iran-backed Yemen Houthi’s missile attacks that have disrupted shipping in the Red Sea and some output shutdowns in Libya due to protests have been overshadowed by a huge U.S. fuel inventory buildup according to data from the Energy Information Agency.

Last Wednesday, local protests forced a full production shutdown at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.

The ongoing tensions between Hamas-Israel, Ukraine-Russia, and the Red Sea crisis have failed to support the falling oil prices as the regional military conflicts haven’t yet impacted the supply-demand dynamics that determine global oil prices.

Adding to the downward oil price momentum, Iran-backed Yemen Houthi’s missile attacks that have disrupted shipping in the Red Sea and some output shutdowns in Libya due to protests have been overshadowed by a huge U.S. fuel inventory buildup according to data from the Energy Information Agency.

Last Wednesday, local protests forced a full production shutdown at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.

Energy investors have put geopolitical concerns in the Middle East on the sideline. They are focusing more on the slowing global fuel demand growth, particularly from the struggling economies of China and the Eurozone, and the increasing output from some non-OPEC+ countries such as the USA, Canada, and Guyana.

The ongoing tensions between Hamas-Israel, Ukraine-Russia, and the Red Sea crisis have failed to support the falling oil prices as the regional military conflicts haven’t yet impacted the supply-demand dynamics that determine global oil prices.

Adding to the downward oil price momentum, Iran-backed Yemen Houthi’s missile attacks that have disrupted shipping in the Red Sea and some output shutdowns in Libya due to protests have been overshadowed by a huge U.S. fuel inventory buildup according to data from the Energy Information Agency.

Last Wednesday, local protests forced a full production shutdown at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.

Energy investors have put geopolitical concerns in the Middle East on the sideline. They are focusing more on the slowing global fuel demand growth, particularly from the struggling economies of China and the Eurozone, and the increasing output from some non-OPEC+ countries such as the USA, Canada, and Guyana.

The ongoing tensions between Hamas-Israel, Ukraine-Russia, and the Red Sea crisis have failed to support the falling oil prices as the regional military conflicts haven’t yet impacted the supply-demand dynamics that determine global oil prices.

Adding to the downward oil price momentum, Iran-backed Yemen Houthi’s missile attacks that have disrupted shipping in the Red Sea and some output shutdowns in Libya due to protests have been overshadowed by a huge U.S. fuel inventory buildup according to data from the Energy Information Agency.

Last Wednesday, local protests forced a full production shutdown at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.

The current weakness in the global crude oil market fundamentals has been indicated by the move of state-owned Saudi Aramco to cut the price of its Arab Light crude to Asia by $2/b, sending Brent’s price below the $78/b mark.

Energy investors have put geopolitical concerns in the Middle East on the sideline. They are focusing more on the slowing global fuel demand growth, particularly from the struggling economies of China and the Eurozone, and the increasing output from some non-OPEC+ countries such as the USA, Canada, and Guyana.

The ongoing tensions between Hamas-Israel, Ukraine-Russia, and the Red Sea crisis have failed to support the falling oil prices as the regional military conflicts haven’t yet impacted the supply-demand dynamics that determine global oil prices.

Adding to the downward oil price momentum, Iran-backed Yemen Houthi’s missile attacks that have disrupted shipping in the Red Sea and some output shutdowns in Libya due to protests have been overshadowed by a huge U.S. fuel inventory buildup according to data from the Energy Information Agency.

Last Wednesday, local protests forced a full production shutdown at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.

The current weakness in the global crude oil market fundamentals has been indicated by the move of state-owned Saudi Aramco to cut the price of its Arab Light crude to Asia by $2/b, sending Brent’s price below the $78/b mark.

Energy investors have put geopolitical concerns in the Middle East on the sideline. They are focusing more on the slowing global fuel demand growth, particularly from the struggling economies of China and the Eurozone, and the increasing output from some non-OPEC+ countries such as the USA, Canada, and Guyana.

The ongoing tensions between Hamas-Israel, Ukraine-Russia, and the Red Sea crisis have failed to support the falling oil prices as the regional military conflicts haven’t yet impacted the supply-demand dynamics that determine global oil prices.

Adding to the downward oil price momentum, Iran-backed Yemen Houthi’s missile attacks that have disrupted shipping in the Red Sea and some output shutdowns in Libya due to protests have been overshadowed by a huge U.S. fuel inventory buildup according to data from the Energy Information Agency.

Last Wednesday, local protests forced a full production shutdown at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.

Brent crude oil, Daily chart

The current weakness in the global crude oil market fundamentals has been indicated by the move of state-owned Saudi Aramco to cut the price of its Arab Light crude to Asia by $2/b, sending Brent’s price below the $78/b mark.

Energy investors have put geopolitical concerns in the Middle East on the sideline. They are focusing more on the slowing global fuel demand growth, particularly from the struggling economies of China and the Eurozone, and the increasing output from some non-OPEC+ countries such as the USA, Canada, and Guyana.

The ongoing tensions between Hamas-Israel, Ukraine-Russia, and the Red Sea crisis have failed to support the falling oil prices as the regional military conflicts haven’t yet impacted the supply-demand dynamics that determine global oil prices.

Adding to the downward oil price momentum, Iran-backed Yemen Houthi’s missile attacks that have disrupted shipping in the Red Sea and some output shutdowns in Libya due to protests have been overshadowed by a huge U.S. fuel inventory buildup according to data from the Energy Information Agency.

Last Wednesday, local protests forced a full production shutdown at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.

Brent crude oil, Daily chart

The current weakness in the global crude oil market fundamentals has been indicated by the move of state-owned Saudi Aramco to cut the price of its Arab Light crude to Asia by $2/b, sending Brent’s price below the $78/b mark.

Energy investors have put geopolitical concerns in the Middle East on the sideline. They are focusing more on the slowing global fuel demand growth, particularly from the struggling economies of China and the Eurozone, and the increasing output from some non-OPEC+ countries such as the USA, Canada, and Guyana.

The ongoing tensions between Hamas-Israel, Ukraine-Russia, and the Red Sea crisis have failed to support the falling oil prices as the regional military conflicts haven’t yet impacted the supply-demand dynamics that determine global oil prices.

Adding to the downward oil price momentum, Iran-backed Yemen Houthi’s missile attacks that have disrupted shipping in the Red Sea and some output shutdowns in Libya due to protests have been overshadowed by a huge U.S. fuel inventory buildup according to data from the Energy Information Agency.

Last Wednesday, local protests forced a full production shutdown at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.

Brent crude oil, Daily chart

The current weakness in the global crude oil market fundamentals has been indicated by the move of state-owned Saudi Aramco to cut the price of its Arab Light crude to Asia by $2/b, sending Brent’s price below the $78/b mark.

Energy investors have put geopolitical concerns in the Middle East on the sideline. They are focusing more on the slowing global fuel demand growth, particularly from the struggling economies of China and the Eurozone, and the increasing output from some non-OPEC+ countries such as the USA, Canada, and Guyana.

The ongoing tensions between Hamas-Israel, Ukraine-Russia, and the Red Sea crisis have failed to support the falling oil prices as the regional military conflicts haven’t yet impacted the supply-demand dynamics that determine global oil prices.

Adding to the downward oil price momentum, Iran-backed Yemen Houthi’s missile attacks that have disrupted shipping in the Red Sea and some output shutdowns in Libya due to protests have been overshadowed by a huge U.S. fuel inventory buildup according to data from the Energy Information Agency.

Last Wednesday, local protests forced a full production shutdown at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.

Both Brent and WTI crude oil prices kicked off the fresh trading week by posting another 1% loss to $77/b and $72/b respectively, reacting to the news that Saudi Arabia, the world’s largest crude oil exporter, reduced its official selling prices by $2/b across all regions.

Brent crude oil, Daily chart

The current weakness in the global crude oil market fundamentals has been indicated by the move of state-owned Saudi Aramco to cut the price of its Arab Light crude to Asia by $2/b, sending Brent’s price below the $78/b mark.

Energy investors have put geopolitical concerns in the Middle East on the sideline. They are focusing more on the slowing global fuel demand growth, particularly from the struggling economies of China and the Eurozone, and the increasing output from some non-OPEC+ countries such as the USA, Canada, and Guyana.

The ongoing tensions between Hamas-Israel, Ukraine-Russia, and the Red Sea crisis have failed to support the falling oil prices as the regional military conflicts haven’t yet impacted the supply-demand dynamics that determine global oil prices.

Adding to the downward oil price momentum, Iran-backed Yemen Houthi’s missile attacks that have disrupted shipping in the Red Sea and some output shutdowns in Libya due to protests have been overshadowed by a huge U.S. fuel inventory buildup according to data from the Energy Information Agency.

Last Wednesday, local protests forced a full production shutdown at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.

Both Brent and WTI crude oil prices kicked off the fresh trading week by posting another 1% loss to $77/b and $72/b respectively, reacting to the news that Saudi Arabia, the world’s largest crude oil exporter, reduced its official selling prices by $2/b across all regions.

Brent crude oil, Daily chart

The current weakness in the global crude oil market fundamentals has been indicated by the move of state-owned Saudi Aramco to cut the price of its Arab Light crude to Asia by $2/b, sending Brent’s price below the $78/b mark.

Energy investors have put geopolitical concerns in the Middle East on the sideline. They are focusing more on the slowing global fuel demand growth, particularly from the struggling economies of China and the Eurozone, and the increasing output from some non-OPEC+ countries such as the USA, Canada, and Guyana.

The ongoing tensions between Hamas-Israel, Ukraine-Russia, and the Red Sea crisis have failed to support the falling oil prices as the regional military conflicts haven’t yet impacted the supply-demand dynamics that determine global oil prices.

Adding to the downward oil price momentum, Iran-backed Yemen Houthi’s missile attacks that have disrupted shipping in the Red Sea and some output shutdowns in Libya due to protests have been overshadowed by a huge U.S. fuel inventory buildup according to data from the Energy Information Agency.

Last Wednesday, local protests forced a full production shutdown at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.

Crude oil prices have continued their weak sentiment into the new year driven by the slowing oil demand, the oversupplied conditions, and the growing inventories, despite concerns for any potential supply disruption from the Middle East.

Both Brent and WTI crude oil prices kicked off the fresh trading week by posting another 1% loss to $77/b and $72/b respectively, reacting to the news that Saudi Arabia, the world’s largest crude oil exporter, reduced its official selling prices by $2/b across all regions.

Brent crude oil, Daily chart

The current weakness in the global crude oil market fundamentals has been indicated by the move of state-owned Saudi Aramco to cut the price of its Arab Light crude to Asia by $2/b, sending Brent’s price below the $78/b mark.

Energy investors have put geopolitical concerns in the Middle East on the sideline. They are focusing more on the slowing global fuel demand growth, particularly from the struggling economies of China and the Eurozone, and the increasing output from some non-OPEC+ countries such as the USA, Canada, and Guyana.

The ongoing tensions between Hamas-Israel, Ukraine-Russia, and the Red Sea crisis have failed to support the falling oil prices as the regional military conflicts haven’t yet impacted the supply-demand dynamics that determine global oil prices.

Adding to the downward oil price momentum, Iran-backed Yemen Houthi’s missile attacks that have disrupted shipping in the Red Sea and some output shutdowns in Libya due to protests have been overshadowed by a huge U.S. fuel inventory buildup according to data from the Energy Information Agency.

Last Wednesday, local protests forced a full production shutdown at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.

Crude oil prices have continued their weak sentiment into the new year driven by the slowing oil demand, the oversupplied conditions, and the growing inventories, despite concerns for any potential supply disruption from the Middle East.

Both Brent and WTI crude oil prices kicked off the fresh trading week by posting another 1% loss to $77/b and $72/b respectively, reacting to the news that Saudi Arabia, the world’s largest crude oil exporter, reduced its official selling prices by $2/b across all regions.

Brent crude oil, Daily chart

The current weakness in the global crude oil market fundamentals has been indicated by the move of state-owned Saudi Aramco to cut the price of its Arab Light crude to Asia by $2/b, sending Brent’s price below the $78/b mark.

Energy investors have put geopolitical concerns in the Middle East on the sideline. They are focusing more on the slowing global fuel demand growth, particularly from the struggling economies of China and the Eurozone, and the increasing output from some non-OPEC+ countries such as the USA, Canada, and Guyana.

The ongoing tensions between Hamas-Israel, Ukraine-Russia, and the Red Sea crisis have failed to support the falling oil prices as the regional military conflicts haven’t yet impacted the supply-demand dynamics that determine global oil prices.

Adding to the downward oil price momentum, Iran-backed Yemen Houthi’s missile attacks that have disrupted shipping in the Red Sea and some output shutdowns in Libya due to protests have been overshadowed by a huge U.S. fuel inventory buildup according to data from the Energy Information Agency.

Last Wednesday, local protests forced a full production shutdown at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day. The field, one of Libya’s largest, has been a frequent target for local and broader political protests.

Exclusive Capital’s ‘Christmas in Love’ Continues

Posted on by Exclusive Capital Team

From our Exclusive Family to yours, we wish you a Merry Christmas, a Happy New Year, and abundant love.

From our Exclusive Family to yours, we wish you a Merry Christmas, a Happy New Year, and abundant love.

As a company deeply rooted in community values, we understand that true success is measured by the positive impact we make on the lives of those around us. There is an undeniable magic in bringing smiles to the faces of children and families facing challenging times, and that is what Christmas is about.

From our Exclusive Family to yours, we wish you a Merry Christmas, a Happy New Year, and abundant love.

As a company deeply rooted in community values, we understand that true success is measured by the positive impact we make on the lives of those around us. There is an undeniable magic in bringing smiles to the faces of children and families facing challenging times, and that is what Christmas is about.

From our Exclusive Family to yours, we wish you a Merry Christmas, a Happy New Year, and abundant love.

This year, Exclusive Capital has again extended support to five deserving families whose children attend the Episkopi Primary School in Limassol, providing them with gift cards for clothes, shoes and groceries. In addition, a total of 328 specially curated gift boxes, each filled with delightful treats, were presented to all the students at the school. 

As a company deeply rooted in community values, we understand that true success is measured by the positive impact we make on the lives of those around us. There is an undeniable magic in bringing smiles to the faces of children and families facing challenging times, and that is what Christmas is about.

From our Exclusive Family to yours, we wish you a Merry Christmas, a Happy New Year, and abundant love.

This year, Exclusive Capital has again extended support to five deserving families whose children attend the Episkopi Primary School in Limassol, providing them with gift cards for clothes, shoes and groceries. In addition, a total of 328 specially curated gift boxes, each filled with delightful treats, were presented to all the students at the school. 

As a company deeply rooted in community values, we understand that true success is measured by the positive impact we make on the lives of those around us. There is an undeniable magic in bringing smiles to the faces of children and families facing challenging times, and that is what Christmas is about.

From our Exclusive Family to yours, we wish you a Merry Christmas, a Happy New Year, and abundant love.

Every year during the holiday season, the air of Exclusive Capital is filled with holiday magic as we continue our cherished tradition – ‘Christmas in Love’. This annual initiative reflects our commitment to giving back to our local community, rooted in our belief that the true magic of Christmas lies in the act of giving. 

This year, Exclusive Capital has again extended support to five deserving families whose children attend the Episkopi Primary School in Limassol, providing them with gift cards for clothes, shoes and groceries. In addition, a total of 328 specially curated gift boxes, each filled with delightful treats, were presented to all the students at the school. 

As a company deeply rooted in community values, we understand that true success is measured by the positive impact we make on the lives of those around us. There is an undeniable magic in bringing smiles to the faces of children and families facing challenging times, and that is what Christmas is about.

From our Exclusive Family to yours, we wish you a Merry Christmas, a Happy New Year, and abundant love.

Every year during the holiday season, the air of Exclusive Capital is filled with holiday magic as we continue our cherished tradition – ‘Christmas in Love’. This annual initiative reflects our commitment to giving back to our local community, rooted in our belief that the true magic of Christmas lies in the act of giving. 

This year, Exclusive Capital has again extended support to five deserving families whose children attend the Episkopi Primary School in Limassol, providing them with gift cards for clothes, shoes and groceries. In addition, a total of 328 specially curated gift boxes, each filled with delightful treats, were presented to all the students at the school. 

As a company deeply rooted in community values, we understand that true success is measured by the positive impact we make on the lives of those around us. There is an undeniable magic in bringing smiles to the faces of children and families facing challenging times, and that is what Christmas is about.

From our Exclusive Family to yours, we wish you a Merry Christmas, a Happy New Year, and abundant love.

Brent oil sinks 4% to a 5-month low of $74 on bearish fundamentals

Posted on by Vrasidas Neofytou

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

Chinese customs data showed that crude oil imports in November fell 9% from a year earlier, as high inventory levels, weak economic indicators, and slowing orders from independent refiners weakened demand.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

Chinese customs data showed that crude oil imports in November fell 9% from a year earlier, as high inventory levels, weak economic indicators, and slowing orders from independent refiners weakened demand.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

The falling oil prices reflect the concerns over lagging petroleum demand from China, as the world’s second-largest fuel consumer has shown signals of economic and trade slowdown in the last few months, while the rating agency Moody’s put a downgrade warning on China’s sovereign credit rating.

Chinese customs data showed that crude oil imports in November fell 9% from a year earlier, as high inventory levels, weak economic indicators, and slowing orders from independent refiners weakened demand.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

The falling oil prices reflect the concerns over lagging petroleum demand from China, as the world’s second-largest fuel consumer has shown signals of economic and trade slowdown in the last few months, while the rating agency Moody’s put a downgrade warning on China’s sovereign credit rating.

Chinese customs data showed that crude oil imports in November fell 9% from a year earlier, as high inventory levels, weak economic indicators, and slowing orders from independent refiners weakened demand.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

In this context, the oil prices have fallen nearly 20% since the Hamas attack on Israel in early October, and about 10% since OPEC+ announced a combined 2.2 million barrels per day of voluntary output cuts for the first quarter of next year.

The falling oil prices reflect the concerns over lagging petroleum demand from China, as the world’s second-largest fuel consumer has shown signals of economic and trade slowdown in the last few months, while the rating agency Moody’s put a downgrade warning on China’s sovereign credit rating.

Chinese customs data showed that crude oil imports in November fell 9% from a year earlier, as high inventory levels, weak economic indicators, and slowing orders from independent refiners weakened demand.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

In this context, the oil prices have fallen nearly 20% since the Hamas attack on Israel in early October, and about 10% since OPEC+ announced a combined 2.2 million barrels per day of voluntary output cuts for the first quarter of next year.

The falling oil prices reflect the concerns over lagging petroleum demand from China, as the world’s second-largest fuel consumer has shown signals of economic and trade slowdown in the last few months, while the rating agency Moody’s put a downgrade warning on China’s sovereign credit rating.

Chinese customs data showed that crude oil imports in November fell 9% from a year earlier, as high inventory levels, weak economic indicators, and slowing orders from independent refiners weakened demand.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

The market has been more focused on the demand destruction coming from the weak global economy rather than the fears of a possible supply disruption from the Middle East tension or the recent OPEC+ output cuts.

In this context, the oil prices have fallen nearly 20% since the Hamas attack on Israel in early October, and about 10% since OPEC+ announced a combined 2.2 million barrels per day of voluntary output cuts for the first quarter of next year.

The falling oil prices reflect the concerns over lagging petroleum demand from China, as the world’s second-largest fuel consumer has shown signals of economic and trade slowdown in the last few months, while the rating agency Moody’s put a downgrade warning on China’s sovereign credit rating.

Chinese customs data showed that crude oil imports in November fell 9% from a year earlier, as high inventory levels, weak economic indicators, and slowing orders from independent refiners weakened demand.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

The market has been more focused on the demand destruction coming from the weak global economy rather than the fears of a possible supply disruption from the Middle East tension or the recent OPEC+ output cuts.

In this context, the oil prices have fallen nearly 20% since the Hamas attack on Israel in early October, and about 10% since OPEC+ announced a combined 2.2 million barrels per day of voluntary output cuts for the first quarter of next year.

The falling oil prices reflect the concerns over lagging petroleum demand from China, as the world’s second-largest fuel consumer has shown signals of economic and trade slowdown in the last few months, while the rating agency Moody’s put a downgrade warning on China’s sovereign credit rating.

Chinese customs data showed that crude oil imports in November fell 9% from a year earlier, as high inventory levels, weak economic indicators, and slowing orders from independent refiners weakened demand.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

Energy traders have become net sellers on the crude contracts during the final quarter of the year, sending prices to their lowest levels since July on demand-supply differentials, despite the geopolitical risks and OPEC+ cuts.

The market has been more focused on the demand destruction coming from the weak global economy rather than the fears of a possible supply disruption from the Middle East tension or the recent OPEC+ output cuts.

In this context, the oil prices have fallen nearly 20% since the Hamas attack on Israel in early October, and about 10% since OPEC+ announced a combined 2.2 million barrels per day of voluntary output cuts for the first quarter of next year.

The falling oil prices reflect the concerns over lagging petroleum demand from China, as the world’s second-largest fuel consumer has shown signals of economic and trade slowdown in the last few months, while the rating agency Moody’s put a downgrade warning on China’s sovereign credit rating.

Chinese customs data showed that crude oil imports in November fell 9% from a year earlier, as high inventory levels, weak economic indicators, and slowing orders from independent refiners weakened demand.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

Energy traders have become net sellers on the crude contracts during the final quarter of the year, sending prices to their lowest levels since July on demand-supply differentials, despite the geopolitical risks and OPEC+ cuts.

The market has been more focused on the demand destruction coming from the weak global economy rather than the fears of a possible supply disruption from the Middle East tension or the recent OPEC+ output cuts.

In this context, the oil prices have fallen nearly 20% since the Hamas attack on Israel in early October, and about 10% since OPEC+ announced a combined 2.2 million barrels per day of voluntary output cuts for the first quarter of next year.

The falling oil prices reflect the concerns over lagging petroleum demand from China, as the world’s second-largest fuel consumer has shown signals of economic and trade slowdown in the last few months, while the rating agency Moody’s put a downgrade warning on China’s sovereign credit rating.

Chinese customs data showed that crude oil imports in November fell 9% from a year earlier, as high inventory levels, weak economic indicators, and slowing orders from independent refiners weakened demand.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

Brent crude oil, Daily chart

Energy traders have become net sellers on the crude contracts during the final quarter of the year, sending prices to their lowest levels since July on demand-supply differentials, despite the geopolitical risks and OPEC+ cuts.

The market has been more focused on the demand destruction coming from the weak global economy rather than the fears of a possible supply disruption from the Middle East tension or the recent OPEC+ output cuts.

In this context, the oil prices have fallen nearly 20% since the Hamas attack on Israel in early October, and about 10% since OPEC+ announced a combined 2.2 million barrels per day of voluntary output cuts for the first quarter of next year.

The falling oil prices reflect the concerns over lagging petroleum demand from China, as the world’s second-largest fuel consumer has shown signals of economic and trade slowdown in the last few months, while the rating agency Moody’s put a downgrade warning on China’s sovereign credit rating.

Chinese customs data showed that crude oil imports in November fell 9% from a year earlier, as high inventory levels, weak economic indicators, and slowing orders from independent refiners weakened demand.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

Brent crude oil, Daily chart

Energy traders have become net sellers on the crude contracts during the final quarter of the year, sending prices to their lowest levels since July on demand-supply differentials, despite the geopolitical risks and OPEC+ cuts.

The market has been more focused on the demand destruction coming from the weak global economy rather than the fears of a possible supply disruption from the Middle East tension or the recent OPEC+ output cuts.

In this context, the oil prices have fallen nearly 20% since the Hamas attack on Israel in early October, and about 10% since OPEC+ announced a combined 2.2 million barrels per day of voluntary output cuts for the first quarter of next year.

The falling oil prices reflect the concerns over lagging petroleum demand from China, as the world’s second-largest fuel consumer has shown signals of economic and trade slowdown in the last few months, while the rating agency Moody’s put a downgrade warning on China’s sovereign credit rating.

Chinese customs data showed that crude oil imports in November fell 9% from a year earlier, as high inventory levels, weak economic indicators, and slowing orders from independent refiners weakened demand.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

Brent crude oil, Daily chart

Energy traders have become net sellers on the crude contracts during the final quarter of the year, sending prices to their lowest levels since July on demand-supply differentials, despite the geopolitical risks and OPEC+ cuts.

The market has been more focused on the demand destruction coming from the weak global economy rather than the fears of a possible supply disruption from the Middle East tension or the recent OPEC+ output cuts.

In this context, the oil prices have fallen nearly 20% since the Hamas attack on Israel in early October, and about 10% since OPEC+ announced a combined 2.2 million barrels per day of voluntary output cuts for the first quarter of next year.

The falling oil prices reflect the concerns over lagging petroleum demand from China, as the world’s second-largest fuel consumer has shown signals of economic and trade slowdown in the last few months, while the rating agency Moody’s put a downgrade warning on China’s sovereign credit rating.

Chinese customs data showed that crude oil imports in November fell 9% from a year earlier, as high inventory levels, weak economic indicators, and slowing orders from independent refiners weakened demand.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

Brent and WTI crude oil hit fresh 5-month lows of $74/b and $69/b respectively on Wednesday, or down nearly -4%, amid growing concerns over fuel demand on the clouded outlook for China’s economic health, coupled with the oversupply conditions.

Brent crude oil, Daily chart

Energy traders have become net sellers on the crude contracts during the final quarter of the year, sending prices to their lowest levels since July on demand-supply differentials, despite the geopolitical risks and OPEC+ cuts.

The market has been more focused on the demand destruction coming from the weak global economy rather than the fears of a possible supply disruption from the Middle East tension or the recent OPEC+ output cuts.

In this context, the oil prices have fallen nearly 20% since the Hamas attack on Israel in early October, and about 10% since OPEC+ announced a combined 2.2 million barrels per day of voluntary output cuts for the first quarter of next year.

The falling oil prices reflect the concerns over lagging petroleum demand from China, as the world’s second-largest fuel consumer has shown signals of economic and trade slowdown in the last few months, while the rating agency Moody’s put a downgrade warning on China’s sovereign credit rating.

Chinese customs data showed that crude oil imports in November fell 9% from a year earlier, as high inventory levels, weak economic indicators, and slowing orders from independent refiners weakened demand.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

Brent and WTI crude oil hit fresh 5-month lows of $74/b and $69/b respectively on Wednesday, or down nearly -4%, amid growing concerns over fuel demand on the clouded outlook for China’s economic health, coupled with the oversupply conditions.

Brent crude oil, Daily chart

Energy traders have become net sellers on the crude contracts during the final quarter of the year, sending prices to their lowest levels since July on demand-supply differentials, despite the geopolitical risks and OPEC+ cuts.

The market has been more focused on the demand destruction coming from the weak global economy rather than the fears of a possible supply disruption from the Middle East tension or the recent OPEC+ output cuts.

In this context, the oil prices have fallen nearly 20% since the Hamas attack on Israel in early October, and about 10% since OPEC+ announced a combined 2.2 million barrels per day of voluntary output cuts for the first quarter of next year.

The falling oil prices reflect the concerns over lagging petroleum demand from China, as the world’s second-largest fuel consumer has shown signals of economic and trade slowdown in the last few months, while the rating agency Moody’s put a downgrade warning on China’s sovereign credit rating.

Chinese customs data showed that crude oil imports in November fell 9% from a year earlier, as high inventory levels, weak economic indicators, and slowing orders from independent refiners weakened demand.

The unexpected record-high oil production from some non-OPEC countries such as the USA, Canada, and Guyana has also been weighing on crude prices. The U.S. average daily production in September topped 13.24 million barrels according to EIA https://oilprice.com/Energy/Crude-Oil/US-Record-Breaking-Oil-Output-One-More-Blow-to-OPEC.html, with Shale drillers leading in the output growth.

The selloff in crude oil prices came despite the decision by the OPEC+ group to place a 2.2 million barrel-a-day production cut through the first quarter of 2024, with the intent of boosting crude prices and smoothing out distortions in the oil market.

However, the decision of OPEC+ to extend production cuts and further reduce output from January did not satisfy market expectations, which expected the cartel to deliver more production cuts in 2024 to stop the speculation and volatility in the oil markets.

Bitcoin exceeds $41,500 on ETF optimism and Bitcoin halving

Posted on by Vrasidas Neofytou

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

The Bitcoin halving events in 2012, 2016, and 2020, were all followed by new all-time highs for Bitcoin in the following 12 months, with traders speculating a repeat of the rally again in 2024.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

The Bitcoin halving events in 2012, 2016, and 2020, were all followed by new all-time highs for Bitcoin in the following 12 months, with traders speculating a repeat of the rally again in 2024.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

Halving is when miners, which are entities who uphold the Bitcoin network, see the rewards for their work cut in half, keeping a cap on the supply of Bitcoin (of which there will only be 21 million coins) and is often a factor behind a new rally.

The Bitcoin halving events in 2012, 2016, and 2020, were all followed by new all-time highs for Bitcoin in the following 12 months, with traders speculating a repeat of the rally again in 2024.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

Halving is when miners, which are entities who uphold the Bitcoin network, see the rewards for their work cut in half, keeping a cap on the supply of Bitcoin (of which there will only be 21 million coins) and is often a factor behind a new rally.

The Bitcoin halving events in 2012, 2016, and 2020, were all followed by new all-time highs for Bitcoin in the following 12 months, with traders speculating a repeat of the rally again in 2024.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

Hence, the Bitcoin halving event scheduled for May 2024 is another bullish catalyst for the recent price rally, reducing the available supply of new Bitcoin coins into the market.

Halving is when miners, which are entities who uphold the Bitcoin network, see the rewards for their work cut in half, keeping a cap on the supply of Bitcoin (of which there will only be 21 million coins) and is often a factor behind a new rally.

The Bitcoin halving events in 2012, 2016, and 2020, were all followed by new all-time highs for Bitcoin in the following 12 months, with traders speculating a repeat of the rally again in 2024.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

Hence, the Bitcoin halving event scheduled for May 2024 is another bullish catalyst for the recent price rally, reducing the available supply of new Bitcoin coins into the market.

Halving is when miners, which are entities who uphold the Bitcoin network, see the rewards for their work cut in half, keeping a cap on the supply of Bitcoin (of which there will only be 21 million coins) and is often a factor behind a new rally.

The Bitcoin halving events in 2012, 2016, and 2020, were all followed by new all-time highs for Bitcoin in the following 12 months, with traders speculating a repeat of the rally again in 2024.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

Blackrock, the world’s largest asset manager, has proposed a spot Bitcoin exchange-traded fund (ETF) with the SEC in early summer, which it would be able to buy Bitcoin at the end of the trading day to bring the fund’s assets in line with its trading price, while a Bitcoin Trust does not have the ability to do this.

Hence, the Bitcoin halving event scheduled for May 2024 is another bullish catalyst for the recent price rally, reducing the available supply of new Bitcoin coins into the market.

Halving is when miners, which are entities who uphold the Bitcoin network, see the rewards for their work cut in half, keeping a cap on the supply of Bitcoin (of which there will only be 21 million coins) and is often a factor behind a new rally.

The Bitcoin halving events in 2012, 2016, and 2020, were all followed by new all-time highs for Bitcoin in the following 12 months, with traders speculating a repeat of the rally again in 2024.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

Blackrock, the world’s largest asset manager, has proposed a spot Bitcoin exchange-traded fund (ETF) with the SEC in early summer, which it would be able to buy Bitcoin at the end of the trading day to bring the fund’s assets in line with its trading price, while a Bitcoin Trust does not have the ability to do this.

Hence, the Bitcoin halving event scheduled for May 2024 is another bullish catalyst for the recent price rally, reducing the available supply of new Bitcoin coins into the market.

Halving is when miners, which are entities who uphold the Bitcoin network, see the rewards for their work cut in half, keeping a cap on the supply of Bitcoin (of which there will only be 21 million coins) and is often a factor behind a new rally.

The Bitcoin halving events in 2012, 2016, and 2020, were all followed by new all-time highs for Bitcoin in the following 12 months, with traders speculating a repeat of the rally again in 2024.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

A spot Bitcoin ETF could allow previously cautious retail and institutional investors access to the crypto ecosystem via the U.S. stock market (who have previously been reluctant to touch crypto), leading a fresh wave of capital into the sector, especially from the $14 trillion-worth U.S. financial market.

Blackrock, the world’s largest asset manager, has proposed a spot Bitcoin exchange-traded fund (ETF) with the SEC in early summer, which it would be able to buy Bitcoin at the end of the trading day to bring the fund’s assets in line with its trading price, while a Bitcoin Trust does not have the ability to do this.

Hence, the Bitcoin halving event scheduled for May 2024 is another bullish catalyst for the recent price rally, reducing the available supply of new Bitcoin coins into the market.

Halving is when miners, which are entities who uphold the Bitcoin network, see the rewards for their work cut in half, keeping a cap on the supply of Bitcoin (of which there will only be 21 million coins) and is often a factor behind a new rally.

The Bitcoin halving events in 2012, 2016, and 2020, were all followed by new all-time highs for Bitcoin in the following 12 months, with traders speculating a repeat of the rally again in 2024.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

A spot Bitcoin ETF could allow previously cautious retail and institutional investors access to the crypto ecosystem via the U.S. stock market (who have previously been reluctant to touch crypto), leading a fresh wave of capital into the sector, especially from the $14 trillion-worth U.S. financial market.

Blackrock, the world’s largest asset manager, has proposed a spot Bitcoin exchange-traded fund (ETF) with the SEC in early summer, which it would be able to buy Bitcoin at the end of the trading day to bring the fund’s assets in line with its trading price, while a Bitcoin Trust does not have the ability to do this.

Hence, the Bitcoin halving event scheduled for May 2024 is another bullish catalyst for the recent price rally, reducing the available supply of new Bitcoin coins into the market.

Halving is when miners, which are entities who uphold the Bitcoin network, see the rewards for their work cut in half, keeping a cap on the supply of Bitcoin (of which there will only be 21 million coins) and is often a factor behind a new rally.

The Bitcoin halving events in 2012, 2016, and 2020, were all followed by new all-time highs for Bitcoin in the following 12 months, with traders speculating a repeat of the rally again in 2024.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

The world’s largest digital currency by market cap and the other altcoins and meme tokens are attracting renewed attention, amid growing confidence that a Bitcoin spot ETF is soon to be approved by federal regulators-SEC.

A spot Bitcoin ETF could allow previously cautious retail and institutional investors access to the crypto ecosystem via the U.S. stock market (who have previously been reluctant to touch crypto), leading a fresh wave of capital into the sector, especially from the $14 trillion-worth U.S. financial market.

Blackrock, the world’s largest asset manager, has proposed a spot Bitcoin exchange-traded fund (ETF) with the SEC in early summer, which it would be able to buy Bitcoin at the end of the trading day to bring the fund’s assets in line with its trading price, while a Bitcoin Trust does not have the ability to do this.

Hence, the Bitcoin halving event scheduled for May 2024 is another bullish catalyst for the recent price rally, reducing the available supply of new Bitcoin coins into the market.

Halving is when miners, which are entities who uphold the Bitcoin network, see the rewards for their work cut in half, keeping a cap on the supply of Bitcoin (of which there will only be 21 million coins) and is often a factor behind a new rally.

The Bitcoin halving events in 2012, 2016, and 2020, were all followed by new all-time highs for Bitcoin in the following 12 months, with traders speculating a repeat of the rally again in 2024.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

The world’s largest digital currency by market cap and the other altcoins and meme tokens are attracting renewed attention, amid growing confidence that a Bitcoin spot ETF is soon to be approved by federal regulators-SEC.

A spot Bitcoin ETF could allow previously cautious retail and institutional investors access to the crypto ecosystem via the U.S. stock market (who have previously been reluctant to touch crypto), leading a fresh wave of capital into the sector, especially from the $14 trillion-worth U.S. financial market.

Blackrock, the world’s largest asset manager, has proposed a spot Bitcoin exchange-traded fund (ETF) with the SEC in early summer, which it would be able to buy Bitcoin at the end of the trading day to bring the fund’s assets in line with its trading price, while a Bitcoin Trust does not have the ability to do this.

Hence, the Bitcoin halving event scheduled for May 2024 is another bullish catalyst for the recent price rally, reducing the available supply of new Bitcoin coins into the market.

Halving is when miners, which are entities who uphold the Bitcoin network, see the rewards for their work cut in half, keeping a cap on the supply of Bitcoin (of which there will only be 21 million coins) and is often a factor behind a new rally.

The Bitcoin halving events in 2012, 2016, and 2020, were all followed by new all-time highs for Bitcoin in the following 12 months, with traders speculating a repeat of the rally again in 2024.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

Bitcoin broke past $41,500 Monday morning, posting a fresh 18-month high, continuing its climb from $27,000 starting in October, while Ethereum climbed as high as $2,260, and Solana to $65, on growing optimism over a looming approval of U.S. spot-based Bitcoin ETF approval, as well as the bitcoin halving in 2024.

The world’s largest digital currency by market cap and the other altcoins and meme tokens are attracting renewed attention, amid growing confidence that a Bitcoin spot ETF is soon to be approved by federal regulators-SEC.

A spot Bitcoin ETF could allow previously cautious retail and institutional investors access to the crypto ecosystem via the U.S. stock market (who have previously been reluctant to touch crypto), leading a fresh wave of capital into the sector, especially from the $14 trillion-worth U.S. financial market.

Blackrock, the world’s largest asset manager, has proposed a spot Bitcoin exchange-traded fund (ETF) with the SEC in early summer, which it would be able to buy Bitcoin at the end of the trading day to bring the fund’s assets in line with its trading price, while a Bitcoin Trust does not have the ability to do this.

Hence, the Bitcoin halving event scheduled for May 2024 is another bullish catalyst for the recent price rally, reducing the available supply of new Bitcoin coins into the market.

Halving is when miners, which are entities who uphold the Bitcoin network, see the rewards for their work cut in half, keeping a cap on the supply of Bitcoin (of which there will only be 21 million coins) and is often a factor behind a new rally.

The Bitcoin halving events in 2012, 2016, and 2020, were all followed by new all-time highs for Bitcoin in the following 12 months, with traders speculating a repeat of the rally again in 2024.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

Bitcoin broke past $41,500 Monday morning, posting a fresh 18-month high, continuing its climb from $27,000 starting in October, while Ethereum climbed as high as $2,260, and Solana to $65, on growing optimism over a looming approval of U.S. spot-based Bitcoin ETF approval, as well as the bitcoin halving in 2024.

The world’s largest digital currency by market cap and the other altcoins and meme tokens are attracting renewed attention, amid growing confidence that a Bitcoin spot ETF is soon to be approved by federal regulators-SEC.

A spot Bitcoin ETF could allow previously cautious retail and institutional investors access to the crypto ecosystem via the U.S. stock market (who have previously been reluctant to touch crypto), leading a fresh wave of capital into the sector, especially from the $14 trillion-worth U.S. financial market.

Blackrock, the world’s largest asset manager, has proposed a spot Bitcoin exchange-traded fund (ETF) with the SEC in early summer, which it would be able to buy Bitcoin at the end of the trading day to bring the fund’s assets in line with its trading price, while a Bitcoin Trust does not have the ability to do this.

Hence, the Bitcoin halving event scheduled for May 2024 is another bullish catalyst for the recent price rally, reducing the available supply of new Bitcoin coins into the market.

Halving is when miners, which are entities who uphold the Bitcoin network, see the rewards for their work cut in half, keeping a cap on the supply of Bitcoin (of which there will only be 21 million coins) and is often a factor behind a new rally.

The Bitcoin halving events in 2012, 2016, and 2020, were all followed by new all-time highs for Bitcoin in the following 12 months, with traders speculating a repeat of the rally again in 2024.

Market reaction:

In the above context, traders have turned very bullish across the crypto ecosystem, with Bitcoin breaking above $40,000 for the first time since April 2022, surging up to $41,700, posting 11% gains in the last 7 trading days, and gaining nearly 150% since the start of 2023.

BTC/USD, Daily chart

Ether, the coin linked to the Ethereum blockchain network, also made a 1-1/2 year high on Monday, hitting $2,253, posting 10% gains in the last 7 trading days, and nearly 90% year-to-day.

The growing excitement that a Bitcoin exchange-traded fund (ETF) may soon be approved has triggered a rally in altcoins and meme tokens as well, with Solana climbing to $65, XRP to $0.65, Cardano to $0.42, Dogecoin to $0.091, and Shiba Inu to $0.0000094.

Solana’s gains exceeded 540% year-to-date, followed by Link’s 190% yearly gains, while Avalanche gained 110%, XRP added 90%, and Cardano 70% in the same period.

Gold hit a fresh 6-month high of $2,018/oz on a weaker dollar and yields

Posted on by Vrasidas Neofytou

Hence, the worsening economic conditions around the world (China, UK, and Eurozone) due to higher inflation and surging borrowing costs, are raising expectations for an early rate cut by the major central banks, which is driving up safe-haven demand for gold and silver.

Traders have turned bearish on the dollar and bond yields on increasing speculation that the Federal Reserve has concluded its interest rate hikes after a series of softer inflation data in October, which has proven advantageous for the yellow and silver metals.

Hence, the worsening economic conditions around the world (China, UK, and Eurozone) due to higher inflation and surging borrowing costs, are raising expectations for an early rate cut by the major central banks, which is driving up safe-haven demand for gold and silver.

A renewed U.S. dollar selling and sluggish bond yields could trigger a new rally above the $2,020/oz level, which might push the price of gold to retest the all-time highs of $2,070/oz, which had hit 3 times since 2020.

Traders have turned bearish on the dollar and bond yields on increasing speculation that the Federal Reserve has concluded its interest rate hikes after a series of softer inflation data in October, which has proven advantageous for the yellow and silver metals.

Hence, the worsening economic conditions around the world (China, UK, and Eurozone) due to higher inflation and surging borrowing costs, are raising expectations for an early rate cut by the major central banks, which is driving up safe-haven demand for gold and silver.

A renewed U.S. dollar selling and sluggish bond yields could trigger a new rally above the $2,020/oz level, which might push the price of gold to retest the all-time highs of $2,070/oz, which had hit 3 times since 2020.

Traders have turned bearish on the dollar and bond yields on increasing speculation that the Federal Reserve has concluded its interest rate hikes after a series of softer inflation data in October, which has proven advantageous for the yellow and silver metals.

Hence, the worsening economic conditions around the world (China, UK, and Eurozone) due to higher inflation and surging borrowing costs, are raising expectations for an early rate cut by the major central banks, which is driving up safe-haven demand for gold and silver.

At the same time, Gold has received a further boost from the falling U.S. bond yields, with the yield on the 10-year U.S. Treasury declining as low as 4.36% last week, retreating from multi-year highs of 5% hit in mid-October.

A renewed U.S. dollar selling and sluggish bond yields could trigger a new rally above the $2,020/oz level, which might push the price of gold to retest the all-time highs of $2,070/oz, which had hit 3 times since 2020.

Traders have turned bearish on the dollar and bond yields on increasing speculation that the Federal Reserve has concluded its interest rate hikes after a series of softer inflation data in October, which has proven advantageous for the yellow and silver metals.

Hence, the worsening economic conditions around the world (China, UK, and Eurozone) due to higher inflation and surging borrowing costs, are raising expectations for an early rate cut by the major central banks, which is driving up safe-haven demand for gold and silver.

At the same time, Gold has received a further boost from the falling U.S. bond yields, with the yield on the 10-year U.S. Treasury declining as low as 4.36% last week, retreating from multi-year highs of 5% hit in mid-October.

A renewed U.S. dollar selling and sluggish bond yields could trigger a new rally above the $2,020/oz level, which might push the price of gold to retest the all-time highs of $2,070/oz, which had hit 3 times since 2020.

Traders have turned bearish on the dollar and bond yields on increasing speculation that the Federal Reserve has concluded its interest rate hikes after a series of softer inflation data in October, which has proven advantageous for the yellow and silver metals.

Hence, the worsening economic conditions around the world (China, UK, and Eurozone) due to higher inflation and surging borrowing costs, are raising expectations for an early rate cut by the major central banks, which is driving up safe-haven demand for gold and silver.

Gold, 2-hour chart

At the same time, Gold has received a further boost from the falling U.S. bond yields, with the yield on the 10-year U.S. Treasury declining as low as 4.36% last week, retreating from multi-year highs of 5% hit in mid-October.

A renewed U.S. dollar selling and sluggish bond yields could trigger a new rally above the $2,020/oz level, which might push the price of gold to retest the all-time highs of $2,070/oz, which had hit 3 times since 2020.

Traders have turned bearish on the dollar and bond yields on increasing speculation that the Federal Reserve has concluded its interest rate hikes after a series of softer inflation data in October, which has proven advantageous for the yellow and silver metals.

Hence, the worsening economic conditions around the world (China, UK, and Eurozone) due to higher inflation and surging borrowing costs, are raising expectations for an early rate cut by the major central banks, which is driving up safe-haven demand for gold and silver.

Gold, 2-hour chart

At the same time, Gold has received a further boost from the falling U.S. bond yields, with the yield on the 10-year U.S. Treasury declining as low as 4.36% last week, retreating from multi-year highs of 5% hit in mid-October.

A renewed U.S. dollar selling and sluggish bond yields could trigger a new rally above the $2,020/oz level, which might push the price of gold to retest the all-time highs of $2,070/oz, which had hit 3 times since 2020.

Traders have turned bearish on the dollar and bond yields on increasing speculation that the Federal Reserve has concluded its interest rate hikes after a series of softer inflation data in October, which has proven advantageous for the yellow and silver metals.

Hence, the worsening economic conditions around the world (China, UK, and Eurozone) due to higher inflation and surging borrowing costs, are raising expectations for an early rate cut by the major central banks, which is driving up safe-haven demand for gold and silver.

Gold, 2-hour chart

At the same time, Gold has received a further boost from the falling U.S. bond yields, with the yield on the 10-year U.S. Treasury declining as low as 4.36% last week, retreating from multi-year highs of 5% hit in mid-October.

A renewed U.S. dollar selling and sluggish bond yields could trigger a new rally above the $2,020/oz level, which might push the price of gold to retest the all-time highs of $2,070/oz, which had hit 3 times since 2020.

Traders have turned bearish on the dollar and bond yields on increasing speculation that the Federal Reserve has concluded its interest rate hikes after a series of softer inflation data in October, which has proven advantageous for the yellow and silver metals.

Hence, the worsening economic conditions around the world (China, UK, and Eurozone) due to higher inflation and surging borrowing costs, are raising expectations for an early rate cut by the major central banks, which is driving up safe-haven demand for gold and silver.

Gold jumped above the key $2,000/oz psychological level early in Asia this morning, benefiting from the ongoing weakness on the DXY-U.S. dollar index, which hit a fresh 3-month low of 103.30, almost 3% down since topping at 107 in early October.

Gold, 2-hour chart

At the same time, Gold has received a further boost from the falling U.S. bond yields, with the yield on the 10-year U.S. Treasury declining as low as 4.36% last week, retreating from multi-year highs of 5% hit in mid-October.

A renewed U.S. dollar selling and sluggish bond yields could trigger a new rally above the $2,020/oz level, which might push the price of gold to retest the all-time highs of $2,070/oz, which had hit 3 times since 2020.

Traders have turned bearish on the dollar and bond yields on increasing speculation that the Federal Reserve has concluded its interest rate hikes after a series of softer inflation data in October, which has proven advantageous for the yellow and silver metals.

Hence, the worsening economic conditions around the world (China, UK, and Eurozone) due to higher inflation and surging borrowing costs, are raising expectations for an early rate cut by the major central banks, which is driving up safe-haven demand for gold and silver.

Gold jumped above the key $2,000/oz psychological level early in Asia this morning, benefiting from the ongoing weakness on the DXY-U.S. dollar index, which hit a fresh 3-month low of 103.30, almost 3% down since topping at 107 in early October.

Gold, 2-hour chart

At the same time, Gold has received a further boost from the falling U.S. bond yields, with the yield on the 10-year U.S. Treasury declining as low as 4.36% last week, retreating from multi-year highs of 5% hit in mid-October.

A renewed U.S. dollar selling and sluggish bond yields could trigger a new rally above the $2,020/oz level, which might push the price of gold to retest the all-time highs of $2,070/oz, which had hit 3 times since 2020.

Traders have turned bearish on the dollar and bond yields on increasing speculation that the Federal Reserve has concluded its interest rate hikes after a series of softer inflation data in October, which has proven advantageous for the yellow and silver metals.

Hence, the worsening economic conditions around the world (China, UK, and Eurozone) due to higher inflation and surging borrowing costs, are raising expectations for an early rate cut by the major central banks, which is driving up safe-haven demand for gold and silver.

Gold shines again, as the price of the yellow metal advanced to a six-month high of $2,018/oz, and Silver to $24,70/oz on Monday morning, driven by a softer U.S. dollar and falling bond yields on growing bets that the Federal Reserve was done raising interest rates.

Gold jumped above the key $2,000/oz psychological level early in Asia this morning, benefiting from the ongoing weakness on the DXY-U.S. dollar index, which hit a fresh 3-month low of 103.30, almost 3% down since topping at 107 in early October.

Gold, 2-hour chart

At the same time, Gold has received a further boost from the falling U.S. bond yields, with the yield on the 10-year U.S. Treasury declining as low as 4.36% last week, retreating from multi-year highs of 5% hit in mid-October.

A renewed U.S. dollar selling and sluggish bond yields could trigger a new rally above the $2,020/oz level, which might push the price of gold to retest the all-time highs of $2,070/oz, which had hit 3 times since 2020.

Traders have turned bearish on the dollar and bond yields on increasing speculation that the Federal Reserve has concluded its interest rate hikes after a series of softer inflation data in October, which has proven advantageous for the yellow and silver metals.

Hence, the worsening economic conditions around the world (China, UK, and Eurozone) due to higher inflation and surging borrowing costs, are raising expectations for an early rate cut by the major central banks, which is driving up safe-haven demand for gold and silver.

Gold shines again, as the price of the yellow metal advanced to a six-month high of $2,018/oz, and Silver to $24,70/oz on Monday morning, driven by a softer U.S. dollar and falling bond yields on growing bets that the Federal Reserve was done raising interest rates.

Gold jumped above the key $2,000/oz psychological level early in Asia this morning, benefiting from the ongoing weakness on the DXY-U.S. dollar index, which hit a fresh 3-month low of 103.30, almost 3% down since topping at 107 in early October.

Gold, 2-hour chart

At the same time, Gold has received a further boost from the falling U.S. bond yields, with the yield on the 10-year U.S. Treasury declining as low as 4.36% last week, retreating from multi-year highs of 5% hit in mid-October.

A renewed U.S. dollar selling and sluggish bond yields could trigger a new rally above the $2,020/oz level, which might push the price of gold to retest the all-time highs of $2,070/oz, which had hit 3 times since 2020.

Traders have turned bearish on the dollar and bond yields on increasing speculation that the Federal Reserve has concluded its interest rate hikes after a series of softer inflation data in October, which has proven advantageous for the yellow and silver metals.

Hence, the worsening economic conditions around the world (China, UK, and Eurozone) due to higher inflation and surging borrowing costs, are raising expectations for an early rate cut by the major central banks, which is driving up safe-haven demand for gold and silver.

Exclusive Capital Achieves ISO/IEC 27001:2013 Certification

Posted on by Exclusive Capital Team

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

At Exclusive Capital, we understand the significance of trust in financial services. With the attainment of the ISO/IEC 27001:2013 certification, we fortify our commitment to secure and trustworthy operations. This accomplishment reinforces our position as a reliable partner for clients seeking the highest standards in financial services.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

At Exclusive Capital, we understand the significance of trust in financial services. With the attainment of the ISO/IEC 27001:2013 certification, we fortify our commitment to secure and trustworthy operations. This accomplishment reinforces our position as a reliable partner for clients seeking the highest standards in financial services.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

Fortifying Trust Through Robust Security

At Exclusive Capital, we understand the significance of trust in financial services. With the attainment of the ISO/IEC 27001:2013 certification, we fortify our commitment to secure and trustworthy operations. This accomplishment reinforces our position as a reliable partner for clients seeking the highest standards in financial services.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

Fortifying Trust Through Robust Security

At Exclusive Capital, we understand the significance of trust in financial services. With the attainment of the ISO/IEC 27001:2013 certification, we fortify our commitment to secure and trustworthy operations. This accomplishment reinforces our position as a reliable partner for clients seeking the highest standards in financial services.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

The ISO/IEC 27001:2013 certification represents a milestone in our ongoing efforts to enhance our security infrastructure. It provides our clients with the utmost confidence in the protection of their sensitive data and fortifies our commitment to excellence in information security management.

Fortifying Trust Through Robust Security

At Exclusive Capital, we understand the significance of trust in financial services. With the attainment of the ISO/IEC 27001:2013 certification, we fortify our commitment to secure and trustworthy operations. This accomplishment reinforces our position as a reliable partner for clients seeking the highest standards in financial services.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

The ISO/IEC 27001:2013 certification represents a milestone in our ongoing efforts to enhance our security infrastructure. It provides our clients with the utmost confidence in the protection of their sensitive data and fortifies our commitment to excellence in information security management.

Fortifying Trust Through Robust Security

At Exclusive Capital, we understand the significance of trust in financial services. With the attainment of the ISO/IEC 27001:2013 certification, we fortify our commitment to secure and trustworthy operations. This accomplishment reinforces our position as a reliable partner for clients seeking the highest standards in financial services.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

A Commitment to Excellence

The ISO/IEC 27001:2013 certification represents a milestone in our ongoing efforts to enhance our security infrastructure. It provides our clients with the utmost confidence in the protection of their sensitive data and fortifies our commitment to excellence in information security management.

Fortifying Trust Through Robust Security

At Exclusive Capital, we understand the significance of trust in financial services. With the attainment of the ISO/IEC 27001:2013 certification, we fortify our commitment to secure and trustworthy operations. This accomplishment reinforces our position as a reliable partner for clients seeking the highest standards in financial services.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

A Commitment to Excellence

The ISO/IEC 27001:2013 certification represents a milestone in our ongoing efforts to enhance our security infrastructure. It provides our clients with the utmost confidence in the protection of their sensitive data and fortifies our commitment to excellence in information security management.

Fortifying Trust Through Robust Security

At Exclusive Capital, we understand the significance of trust in financial services. With the attainment of the ISO/IEC 27001:2013 certification, we fortify our commitment to secure and trustworthy operations. This accomplishment reinforces our position as a reliable partner for clients seeking the highest standards in financial services.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

Exclusive Capital’s managing director, Mr. Lambros Lambrou, commented on this accomplishment: “This certification reflects our commitment to ensuring the utmost security of our operations, protecting sensitive data, and upholding the trust placed in us by our valued clients and partners. It is not just a recognition of our efforts but a testament to the rigorous standards we uphold in safeguarding information.”

A Commitment to Excellence

The ISO/IEC 27001:2013 certification represents a milestone in our ongoing efforts to enhance our security infrastructure. It provides our clients with the utmost confidence in the protection of their sensitive data and fortifies our commitment to excellence in information security management.

Fortifying Trust Through Robust Security

At Exclusive Capital, we understand the significance of trust in financial services. With the attainment of the ISO/IEC 27001:2013 certification, we fortify our commitment to secure and trustworthy operations. This accomplishment reinforces our position as a reliable partner for clients seeking the highest standards in financial services.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

Exclusive Capital’s managing director, Mr. Lambros Lambrou, commented on this accomplishment: “This certification reflects our commitment to ensuring the utmost security of our operations, protecting sensitive data, and upholding the trust placed in us by our valued clients and partners. It is not just a recognition of our efforts but a testament to the rigorous standards we uphold in safeguarding information.”

A Commitment to Excellence

The ISO/IEC 27001:2013 certification represents a milestone in our ongoing efforts to enhance our security infrastructure. It provides our clients with the utmost confidence in the protection of their sensitive data and fortifies our commitment to excellence in information security management.

Fortifying Trust Through Robust Security

At Exclusive Capital, we understand the significance of trust in financial services. With the attainment of the ISO/IEC 27001:2013 certification, we fortify our commitment to secure and trustworthy operations. This accomplishment reinforces our position as a reliable partner for clients seeking the highest standards in financial services.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

This globally recognized certification sets the standard for establishing, implementing, maintaining, and continually improving an information security management system (ISMS) within an organization. It reflects our dedication to ensuring the highest standards of information security management.

Exclusive Capital’s managing director, Mr. Lambros Lambrou, commented on this accomplishment: “This certification reflects our commitment to ensuring the utmost security of our operations, protecting sensitive data, and upholding the trust placed in us by our valued clients and partners. It is not just a recognition of our efforts but a testament to the rigorous standards we uphold in safeguarding information.”

A Commitment to Excellence

The ISO/IEC 27001:2013 certification represents a milestone in our ongoing efforts to enhance our security infrastructure. It provides our clients with the utmost confidence in the protection of their sensitive data and fortifies our commitment to excellence in information security management.

Fortifying Trust Through Robust Security

At Exclusive Capital, we understand the significance of trust in financial services. With the attainment of the ISO/IEC 27001:2013 certification, we fortify our commitment to secure and trustworthy operations. This accomplishment reinforces our position as a reliable partner for clients seeking the highest standards in financial services.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

This globally recognized certification sets the standard for establishing, implementing, maintaining, and continually improving an information security management system (ISMS) within an organization. It reflects our dedication to ensuring the highest standards of information security management.

Exclusive Capital’s managing director, Mr. Lambros Lambrou, commented on this accomplishment: “This certification reflects our commitment to ensuring the utmost security of our operations, protecting sensitive data, and upholding the trust placed in us by our valued clients and partners. It is not just a recognition of our efforts but a testament to the rigorous standards we uphold in safeguarding information.”

A Commitment to Excellence

The ISO/IEC 27001:2013 certification represents a milestone in our ongoing efforts to enhance our security infrastructure. It provides our clients with the utmost confidence in the protection of their sensitive data and fortifies our commitment to excellence in information security management.

Fortifying Trust Through Robust Security

At Exclusive Capital, we understand the significance of trust in financial services. With the attainment of the ISO/IEC 27001:2013 certification, we fortify our commitment to secure and trustworthy operations. This accomplishment reinforces our position as a reliable partner for clients seeking the highest standards in financial services.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

For us here at Exclusive Change Capital Ltd, hereinafter referred to as “Exclusive Capital”, security is paramount. That is why we are incredibly pleased to announce a significant achievement that underscores our unwavering commitment to excellence in financial services. Following a rigorous evaluation process, the Management Systems Evaluation Certification Board (MSECB) has awarded us the prestigious ISO/IEC 27001:2013 certification.

This globally recognized certification sets the standard for establishing, implementing, maintaining, and continually improving an information security management system (ISMS) within an organization. It reflects our dedication to ensuring the highest standards of information security management.

Exclusive Capital’s managing director, Mr. Lambros Lambrou, commented on this accomplishment: “This certification reflects our commitment to ensuring the utmost security of our operations, protecting sensitive data, and upholding the trust placed in us by our valued clients and partners. It is not just a recognition of our efforts but a testament to the rigorous standards we uphold in safeguarding information.”

A Commitment to Excellence

The ISO/IEC 27001:2013 certification represents a milestone in our ongoing efforts to enhance our security infrastructure. It provides our clients with the utmost confidence in the protection of their sensitive data and fortifies our commitment to excellence in information security management.

Fortifying Trust Through Robust Security

At Exclusive Capital, we understand the significance of trust in financial services. With the attainment of the ISO/IEC 27001:2013 certification, we fortify our commitment to secure and trustworthy operations. This accomplishment reinforces our position as a reliable partner for clients seeking the highest standards in financial services.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

For us here at Exclusive Change Capital Ltd, hereinafter referred to as “Exclusive Capital”, security is paramount. That is why we are incredibly pleased to announce a significant achievement that underscores our unwavering commitment to excellence in financial services. Following a rigorous evaluation process, the Management Systems Evaluation Certification Board (MSECB) has awarded us the prestigious ISO/IEC 27001:2013 certification.

This globally recognized certification sets the standard for establishing, implementing, maintaining, and continually improving an information security management system (ISMS) within an organization. It reflects our dedication to ensuring the highest standards of information security management.

Exclusive Capital’s managing director, Mr. Lambros Lambrou, commented on this accomplishment: “This certification reflects our commitment to ensuring the utmost security of our operations, protecting sensitive data, and upholding the trust placed in us by our valued clients and partners. It is not just a recognition of our efforts but a testament to the rigorous standards we uphold in safeguarding information.”

A Commitment to Excellence

The ISO/IEC 27001:2013 certification represents a milestone in our ongoing efforts to enhance our security infrastructure. It provides our clients with the utmost confidence in the protection of their sensitive data and fortifies our commitment to excellence in information security management.

Fortifying Trust Through Robust Security

At Exclusive Capital, we understand the significance of trust in financial services. With the attainment of the ISO/IEC 27001:2013 certification, we fortify our commitment to secure and trustworthy operations. This accomplishment reinforces our position as a reliable partner for clients seeking the highest standards in financial services.

Setting Industry Standards

We take pride in being the first financial institution in Cyprus to be certified by the esteemed MSECB. This achievement sets a new standard in the industry and reflects Exclusive Capital’s leadership in adopting and implementing international best practices in information security.

Our dedication to delivering unparalleled service, upholding the highest standards of professionalism, and ensuring the security of our clients’ financial endeavours remains unwavering.

We look forward to continuing our journey of excellence and innovation, setting new benchmarks in the financial services industry.

Exclusive Change Capital Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) under the licence number CIF 330/17. Exclusive Capital Ltd operates in accordance with the Markets in Financial Instruments Directive (MiFID) of the European Union.

Exclusive Change Capital Ltd is incorporated under the laws of Cyprus, with registration no. HE 337858, regulated by CySEC under license no. 330/17 and has its registered address at Theodorou Potamianou 56, 4th Floor, Kato Polemidia, 4155, Limassol, Cyprus

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read our full Risk Disclosure.

The Company's official website of Exclusive Change Capital Ltd is www.exclusivecapital.com and we are not affiliated in any way with other domains or companies.

Restricted Regions: Exclusive Change Capital Ltd, does not provide services to citizens / residents of certain regions, such as Belarus, Belgium, Canada, Cuba, Iran, Iraq, Japan, North Korea, Latvia, Russian Federation, Sudan, Syria, Turkey, The United States and Ukraine.

ISO 27001:2022

The services are delivered under the controls established by information security management systems in conformity with ISO/IEC 27001:2022, and we are certified by MSECB.

Copyright ©️ 2017-2025 Exclusive Change Capital Ltd

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