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Itโ€™s time for our weekly digest.

Here are some of the most significant stories from the past few days that you should have in your sights:
๐Ÿ”ธVisa analysts have determined that USDC has surpassed USDT in terms of monthly transaction volume.
๐Ÿ”ธElon Musk has reached an agreement to launch autonomous driving functionality in China, causing Tesla shares to rise by 16%.
๐Ÿ”ธAfter the halving, BTC miners' revenues have sharply fallen to the level of early 2023.
๐Ÿ”ธUS Congress members have introduced a bill to tax staking.
๐Ÿ”ธIn Q1 2024, Tether earned $4.52 billion.
๐Ÿ”ธThe SEC has been investigating Ethereumโ€™s security status since 2023.
๐Ÿ”ธApple is in talks with OpenAI to use their AI technologies in the iPhone.
๐Ÿ”ธVanEck has identified $175 billion in BTC, or 15% of the total supply, on the balance sheets of states and public and private companies.
๐Ÿ”ธOn the first day of trading, the volume of cryptocurrency ETFs in Hong Kong was only $12 million.
๐Ÿ”ธMicrosoft signed deal to invest over $10 billion in renewable energy for data centers.

Friday stock market news:
๐Ÿ”ธ EUR is up against USD by 0.002% at 1.0742.
๐Ÿ”ธ GBP is up against USD by 0.22% at 1.2560.
๐Ÿ”ธ Dow Jones is up by 0.64% at $38,629.
๐Ÿ”ธ Crude Oil is up by 0.18% at $79.09.
๐Ÿ”ธ Gold is down by 0.07% at $2,308.

Take this news into account when planning your next trading session.

Get a 50% bonus on your deposit and make the most of your weekend trading! Just use the promo code FRIDAYMAY03 until May 05 from $10 ๐Ÿค‘

The market is waiting for you to make profit on Pocket Option!

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Pocket Option has just received fresh updates. Here are some of the features we added to our platform this time.

โ˜๏ธ Letโ€™s start with the most important one โ€“ Islamic Halal accounts. This new functionality is designed to cater to the unique needs of our Muslim clients, ensuring that their trading activities align with their religious beliefs. To activate a Halal account, visit the settings section or contact customer support.

Now letโ€™s take a quick look at other additions to our services:
๐Ÿ”ธ The default trade history filter is now one day; adjust it manually for a longer view.
๐Ÿ”ธ We've added new instructional videos to the "Guides and Tutorials" section for better platform navigation.
๐Ÿ”ธ Various bug fixes have been implemented for a smoother user experience.

Get on our updated platform and start earning more profit than ever! ๐Ÿ“ˆ

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We've rounded up the most important market events happening this week that could impact your trading decisions ๐Ÿ“†

Monday:
๐Ÿ”น HCOB to publish the Eurozoneโ€™s final services PMI for April
๐Ÿ”น American Express to conduct Annual General Meeting
๐Ÿ”น BitMart to introduce Friend3

Tuesday:
๐Ÿ”น Germany to announce the Balance of Trade for March
๐Ÿ”น The Ivey PMI for April is to be issued in Canada
๐Ÿ”น EU to unveil the Retail Sales MoM for March

Wednesday:
๐Ÿ”น EIA to report the Crude Oil Stocks Change for MAY in the US
๐Ÿ”น LYRA to execute 1:1 migration to LDX
๐Ÿ”น Germany to reveal the Industrial Production MoM for March

Thursday:
๐Ÿ”น China to disclose the Balance of Trade for April
๐Ÿ”น 3i Group to present Annual results for the year to 31 March 2024
๐Ÿ”น The BoE to announce Interest Rate Decision

Friday:
๐Ÿ”น UK to unveil the Preliminary GDP Growth Rate for Q1
๐Ÿ”น Canada to report the Unemployment Rate for April
๐Ÿ”น UK to release its goods trade balance report for March

These events will offer many opportunities to profit from market movements.

Get ready for your trading sessions with a 50% bonus on your deposit using the promo code MONDAYMAY06 from $10 ๐Ÿฆ

Join the market action on Pocket Option!

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Don't miss the upcoming Crypto and Digital Assets Summit, organized by the Financial Times on May 8-9 in London! ๐Ÿ”ฅ

This is a great opportunity for traders to:
๐Ÿ”ฃ Improve trading strategies and learn from industry experts.
๐Ÿ”ฃ Gain insights into the latest regulatory developments.
๐Ÿ”ฃ Understand the potential impact on the crypto market.
๐Ÿ”ฃ Discover new technologies and innovations in the crypto space.

Use the information from the summit to make profitable trades on Pocket Option! ๐Ÿ˜Ž

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Join our expert trader Alex today at 11:00 UTC for another insightful stream. This time, he'll be covering the volume indicators ๐Ÿ•ฏ

Tune in to discover:
๐Ÿ”นHow to effectively use volume indicators in your trading
๐Ÿ”นProven strategies to boost your trading profits
๐Ÿ”นValuable tips from an experienced trader

Bring your questions and join the stream: https://www.youtube.com/watch?v=5AQBWZ6GRH4

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News trading is a strategy used by traders to make informed trades based on economic data releases.

To effectively use this strategy, traders should focus on the eight major currencies: USD, EUR, GBP, JPY, CHF, CAD, AUD, and NZD. These currencies have the most liquid pairs and are most likely to be impacted by economic releases ๐Ÿ“Š

Here's a list of key economic releases to watch for:
๐Ÿ”ธ Interest rate decisions
๐Ÿ”ธ Retail sales
๐Ÿ”ธ Unemployment
๐Ÿ”ธ Industrial production
๐Ÿ”ธ Business sentiment surveys
๐Ÿ”ธ Consumer confidence surveys
๐Ÿ”ธ Trade balance
๐Ÿ”ธ Manufacturing sector surveys

To trade news, look for a period of consolidation or uncertainty ahead of a big release and trade the breakout on the back of the news. This can be done on both a short-term basis or over several days ๐Ÿค“

To help you make better trading decisions, Pocket Option offers multiple tools and indicators. Use them to find market opportunities and capitalize on them.

Get on Pocket Option and start earning!

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Who says you need a lot of money to start trading? Abbas, a trader from India, started on Pocket Option with just a $10 deposit. Last week, he earned $6,674 ๐Ÿ˜ฏ

Here are details of his strategy:
โšก๏ธ Trades moderately.
โšก๏ธ Uses timeframes of one minute.
โšก๏ธ His trading amounts vary depending on the market, from a dollar to several hundred dollars.
โšก๏ธ The most profitable assets for him were AEDCNY_otc, USDARS_otc, BHDCNY_otc.

If you want to copy Abbas's trades and benefit from his expertise, you can do so via Social Trading by using his ID 65298385.

Plus, don't forget to take advantage of our 50% deposit bonus with the promo code ABBASSUCCESS until May 10, starting from just $10 ๐Ÿ’ฐ

Get on Pocket Option and profit from unlimited market opportunities!

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Our weekly digest is here to bring you the most significant stories from the past few days.

Here is news you might have missed:

๐Ÿ”ธ Only 10% of stablecoin transactions are by real users, according to Bloomberg.
๐Ÿ”ธ Bitcoin address that bought 687 BTC 10 years ago for $900 each is active again.
๐Ÿ”ธ Bitcoin blockchain has processed 1 billion transactions.
๐Ÿ”ธ Vodafone plans to integrate crypto wallets into SIM cards.
๐Ÿ”ธ South Korea to consider launching Bitcoin ETF in June.
๐Ÿ”ธ Apple is developing its own AI chips.
๐Ÿ”ธ $2 billion worth of tokens to be unlocked in next 10 weeks.
๐Ÿ”ธ Mastercard, Citigroup, Visa, and JPMorgan to test settlements in tokenized assets.
๐Ÿ”ธ Taiwan imposes criminal penalties for money laundering using cryptocurrency.
๐Ÿ”ธ Bank of England kept interest rate at 5.25%.

Friday stock market news:
๐Ÿ”ธ EUR is down against USD by 0.06% at 1.0775.
๐Ÿ”ธ GBP is up against USD by 0.11% at 1.2536.
๐Ÿ”ธ Dow Jones is up by 0.85% at $39,387.76.
๐Ÿ”ธ Brent Crude Oil is up by 0.52% at $84.32.
๐Ÿ”ธ Gold is up by 0.32% at $2,339.50.

Use this information to navigate the market with confidence.

Make your deposit go further with a 50% bonus using the promo code FRIDAYMAY10 from $10 until May 12 ๐Ÿ˜Ž

Make the most of your weekend by trading on Pocket Option!

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Don't miss this week's important events that may affect the market dynamics ๐Ÿ“†

Monday:
๐Ÿ”น National Australia Bank (NAB) to publish Business Confidence data for April in Australia.
๐Ÿ”น European Commission to present Spring Forecasts.
๐Ÿ”น India to report Inflation Rate for April year-on-year.

Tuesday:
๐Ÿ”น UK to unveil Unemployment Rate data for March.
๐Ÿ”น US to reveal Producer Price Index (PPI) for April month-on-month.
๐Ÿ”น Alibaba Group to present Q4 2024 earnings report.

Wednesday:
๐Ÿ”น US to disclose Core Inflation Rate data for April month-on-month.
๐Ÿ”น Bitcoin Cash to implement a network upgrade.
๐Ÿ”น US to provide Retail Sales data for April month-on-month.

Thursday:
๐Ÿ”น Japan to publish GDP Growth Rate data for Q1 quarter-on-quarter (preliminary).
๐Ÿ”น Italy to present Balance of Trade in March.
๐Ÿ”น US to provide Building Permits data for April (preliminary).

Friday:
๐Ÿ”น China to report Industrial Production data for April year-on-year.
๐Ÿ”น Boeing to hold Annual General Meeting.
๐Ÿ”น France to unveil Unemployment Rate data for Q1.

Take advantage of these events to capitalize on market shifts.

Make your trading strategy more profitable with a 50% deposit bonus. Use the promo code MONDAYMAY13 when depositing $10 or more until May 14.

Seize the market opportunities on Pocket Option ๐Ÿ’ฐ

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Bollinger Bands are a powerful technical analysis tool that can help you identify profitable market opportunities.
Check out our new video to learn how to use them effectively ๐Ÿ“ˆ

In this video, we cover:
๐Ÿ”ธ The basics of Bollinger Bands.
๐Ÿ”ธ How to set up Bollinger Bands for profitable trading.

Learn and apply your knowledge on Pocket Option to earn profit: https://youtu.be/acBBK6t3zZw

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The crypto market is buzzing with speculation about an upcoming altcoin season. However, according to the altcoin season index, we're not quite there yet.

This index flips to "altseason" when at least 70% of altcoins outperform Bitcoin for a sustained period of 90 days. In other words, their price is increasing at a faster rate than the price of Bitcoin ๐Ÿ“Š

๐Ÿ’ธ Bitcoin maintains its dominance for now, holding a market share of approximately 43%. Historically, altcoin seasons coincided with Bitcoin's dominance dipping below the mid-40% range.

However, most experts agree that the likelihood of another altcoin season happening in 2024 is high, so make sure you have a strategy to take advantage of the situation.

Still, you have plenty of opportunities to profit right now ๐Ÿ’ธ

Join cryptocurrency trading on Pocket Option and make money on market changes!

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Don't miss today's stream with our expert trader, Alex, at 11:00 UTC! This time, he'll be diving deep into trend indicators ๐Ÿค“

Here's what you can expect to learn:
๐Ÿ”น Effective ways to incorporate trend indicators into your trading
๐Ÿ”น Strategies for increasing trading profits
๐Ÿ”น Practical tips from a seasoned trader

Come prepared with your questions and join the stream at: https://youtube.com/live/D0x3e4f-8XE

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Today weโ€™re celebrating Buddha's Birthday, a day that teaches us peace, love, and wisdom.

Just as Buddha taught us to seek the middle way in our lives to achieve enlightenment, we encourage you to approach trading with a balanced strategy.

๐Ÿ“Š Remember, successful trading is about making informed decisions, managing risks, and maintaining a clear mind.

To celebrate this occasion, use a 60% deposit bonus with the promo code BUDDHAPURNIMA from $10 until May 16 ๐Ÿ™Œ

Keep trading mindfully and successfully with Pocket Option.

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Did you know that you can practice trading without putting your money at risk? โšก๏ธ

Demo accounts on Pocket Option offer an authentic trading environment with genuine assets, quotes, and signals. The only difference is that all transactions are made using virtual funds. This tool is designed for both beginners and advanced traders ๐Ÿค“

It is perfect for:
๐Ÿ”น Learning
๐Ÿ”น Strategy testing without risking funds
๐Ÿ”น Skill development

See how to use your demo account in our video tutorial: https://youtu.be/wcib8DI8PPM

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Our weekly digest is your one-stop-shop for the most significant stories from the past week.

Here is everything you might have missed:
๐Ÿ”ธ US to hike tariffs on Chinese goods, up to 102.5% on electric vehicles.
๐Ÿ”ธ China to sell $138 billion in bonds to stimulate economy.
๐Ÿ”ธ OpenAI releases new AI model, GPT-4o, with improved text, video, and audio processing.
๐Ÿ”ธ 1 million new tokens launched since April, 640,000 being Solana meme tokens.
๐Ÿ”ธ Tether and Toncoin partner to develop crypto payment solution.
๐Ÿ”ธ Coinbase working on investment product for Australian pension funds.
๐Ÿ”ธ Michelle Bowman, a US Federal Reserve rep, urges government to regulate stablecoins.
๐Ÿ”ธ US inflation in April decreased to 3.4%.
๐Ÿ”ธ 20% of circulating bitcoins may be stuck in blocked wallets.
๐Ÿ”ธ Oil prices rise as decrease in US oil reserves increases risky trends.

Friday stock market news:
๐Ÿ”ธ EUR is down against USD by 0.03% at 1.0862.
๐Ÿ”ธ GBP is down against USD by 0.03% at 1.2662.
๐Ÿ”ธ Dow Jones is up by 0.01% at $39,869.38.
๐Ÿ”ธ Brent Crude Oil is up by 0.43% at $83.63.
๐Ÿ”ธ Gold is up by 0.03% at $2,380.70.

Use this information to make informed decisions.

Take advantage of a 50% bonus on your deposit using promo code FRIDAYMAY17, available from $10 until May 19 ๐Ÿ˜ฏ

Make profit this weekend on Pocket Option!

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Please welcome this week's economic and market events calendar, featuring key data releases from around the world ๐Ÿ“ฃ

Monday:
๐Ÿ”น China to unveil 1-year Loan Prime Rate.
๐Ÿ”น Spain to release Balance of Trade data for March.
๐Ÿ”น Japan to publish Tertiary Industry Index MoM for April.

Tuesday:
๐Ÿ”น Canada to reveal Inflation Rate data for April year-on-year.
๐Ÿ”น EU to unveil Balance of Trade data for March.
๐Ÿ”น Westpac to present Consumer Confidence Change data for Australia for May.

Wednesday:
๐Ÿ”น Japan to disclose Balance of Trade data for April.
๐Ÿ”น Amazon to hold Annual General Meeting.
๐Ÿ”น UK to announce Inflation Rate data for April year-on-year.

Thursday:
๐Ÿ”น HSBC to release Manufacturing PMI Flash data for India for May.
๐Ÿ”น HCOB will present Manufacturing PMI Flash data for Germany for May.
๐Ÿ”น EU to reveal Consumer Confidence Flash data for May.

Friday:
๐Ÿ”น Japan to unveil Inflation Rate data for April year-on-year.
๐Ÿ”น US to announce Durable Goods Orders data for April month-on-month.
๐Ÿ”น Armenia to present GDP Growth Rate data for Q1 quarter-on-quarter final.

Use this information to improve your trading strategy.

Want to enjoy more profit opportunities? Get a 50% deposit bonus with the promo code MONDAYMAY20 from $10 until May 21 ๐Ÿคฉ

Start your week with Pocket Option!

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Discover how the Average Directional Movement Index (ADX) can benefit your day trading strategy with our new YouTube video ๐ŸคŒ

This ADX tutorial will cover:
๐Ÿ”นThe basics of the ADX indicator
๐Ÿ”นHow to use ADX to spot strong trends and potential entry points
๐Ÿ”นReal-life examples of ADX usage in different market conditions

Improve your trading skills with Pocket Option to become even more successful: https://youtu.be/lkre0CvX2dA

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We're excited to bring you some fresh insights on the assets that are currently generating the highest returns for our traders on Pocket Option.

Which of these are in your portfolio too?
โšก๏ธ TWITTER_otc
โšก๏ธ TNDUSD_otc
โšก๏ธ AMZN_otc

If you have other assets that are performing well for you, don't hesitate to share them with others in the comments! ๐Ÿฅธ

Keep trading on Pocket Option to enjoy even bigger profits!

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Join our live trading session on Pocket Option today at 11:00 UTC and learn about using momentum indicators and trend indicators in your trading strategy ๐Ÿ“Š

๐Ÿ‘‰ This live trading for beginners tutorial will show you how to identify and measure the strength of market trends, crucial for day trading and option trading. Understand why these indicators perform poorly in a sideways market but excel in trending markets.

In this session, we cover:
๐Ÿ”น Basics of momentum and trend indicators
๐Ÿ”น Effective use in trading strategies
๐Ÿ”น Tips for recognizing market trends

Join the stream at: https://youtube.com/live/DCUvYlngPr0

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On this day in 2010, Laszlo Hanyecz made the first-ever real-world purchase using Bitcoin, buying two pizzas for 10,000 BTC ๐Ÿ˜ฑ

Today, the crypto world is celebrating the milestone that kickstarted Bitcoin's widespread adoption and use in everyday transactions.

Check out our video to learn more: https://youtu.be/xCtzwCpjo6w

To mark this special day, we are offering an exclusive 60% deposit bonus with the promo code BITCOINPIZZADAY! ๐Ÿ’ธ

Take advantage of this amazing offer by trading Bitcoin or dozens of other assets on Pocket Option!

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2024/05/23 06:08:12
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