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BNB Price Set to Surge: Could It Be the Next Big Mover?
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BNB price struggled to stay above the $600 area. The price is consolidating its gains and may aim for a new increase above the $605 level. BNB price has started a downward correction from the $612 resistance area. The price is now trading above the $590 level and the 100…
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BNB Price Set to Surge: Could It Be the Next Big Mover?
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BNB price struggled to stay above the $600 area. The price is consolidating its gains and may aim for a new increase above the $605 level. BNB price has started a downward correction from the $612 resistance area. The price is now trading above the $590 level and the 100…
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Trump and heavy losses drag SolarEdge to new low
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Israeli Solar Energy Company SolarEdge technologies (Nasdaq: SEDG) saw its stock price drop 22% yesterday on Wall Street, as other renewable energy stocks fell sharply following the election of Donald Trump as the next US president. The Trump administration is not expected to encourage renewable energy. After the close of…
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Exchanges See 2nd Most Stablecoin Inflows Ever
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On-chain data shows that exchanges have just received significant inflows of stablecoins, something that could ultimately benefit Bitcoin’s rally. Stablecoin exchange flows have been on the rise recently As one analyst at CryptoQuant Quicktake pointed out mailthe exchange flow of stablecoins recorded a sharp jump. “Exchange flow” here refers to…
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Asian Stocks Echo US Gains as Focus Turns to China: Markets Wrap
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(Bloomberg) — Asian stocks rose after U.S. stocks, bonds and commodities rose as the Federal Reserve cut interest rates. Most read from Bloomberg Australian, South Korean and Chinese shares all advanced, supporting a second day of gains for the region-wide equity gauge. That was after the S&P 500 rose 0.7%…
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Daily Broad Market Recap – November 7, 2024
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The dust appears to have settled after the US election results were confirmed, with the US dollar paring some of its gains while Treasury yields fell. On the other hand, risk assets such as US stocks and Bitcoin continued their gains as the Federal Open Market Committee maintained its dovish…
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Bitcoin Price Advances Again: Can Bulls Push It Even Higher?
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Bitcoin price is gaining pace above $75,000. Bitcoin is rising and may aim to move above the $77,000 resistance area in the near term. Bitcoin started a new rally above the $74,500 area. The price is trading above $74,000 and the 100 hourly simple moving average. There is a solid…
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Dogecoin rides high as fans anticipate Elon Musk securing ‘DOGE’ position in Trump White House
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With Trump reclaiming the White House, tech billionaire Elon Musk will almost certainly play a pivotal role in this incoming administration. As the cryptocurrency market surged following the news, one cryptocurrency that benefited the most was Musk’s favorite cryptocurrency, Dogecoin, which surged 24% as the Republican candidate edged closer to…
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FOMC Cut Rates by 0.25% As Expected in November Decision
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The Fed cut its benchmark interest rate by 25 basis points to a target range of 4.50-4.75% at its November meeting, noting that inflation had “made progress” toward its goals. FOMC policy details: The target federal funds rate was lowered by 0.25% to a range of 4.50-4.75%. Adjusting the interest…
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Latecomers To Bitcoin Rally Get Cautionary Advice From Analyst, Here’s Why
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Bitcoin is currently riding the bullish wave amid growing market optimism, causing the largest cryptocurrency asset to reach a new all-time high. However, one cryptocurrency analyst warned that the rise in Bitcoin prices may not be suitable for late investors, suggesting a strategic approach from new entrants in order to…
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Latecomers To Bitcoin Rally Get Cautionary Advice From Analyst, Here’s Why
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Bitcoin is currently riding the bullish wave amid growing market optimism, causing the largest cryptocurrency asset to reach a new all-time high. However, one cryptocurrency analyst warned that the rise in Bitcoin prices may not be suitable for late investors, suggesting a strategic approach from new entrants in order to…
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Nairobi county staff wins in EACC Sh643m asset forfeiture bid
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The High Court has dismissed a case brought by the anti-graft body seeking the confiscation of over Sh643 million in assets and funds belonging to Wilson Nashun Kanani, a Nairobi County employee and co-director of the 1824 Popular Club on Langata Road. Judge Nixon Sifuna said that Al-Kanani and his…
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Analyst Puts Bitcoin Price Ceiling At $137,000, But Is This The Highest BTC Can Go?
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This article is also available in Spanish. analyst Tony Severino It revealed that the price of Bitcoin is currently at a ceiling of $137,000. This has raised questions about whether this is the highest point major cryptocurrencies could reach in this market cycle, and the analyst also provided some answers.…
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Analyst Puts Bitcoin Price Ceiling At $137,000, But Is This The Highest BTC Can Go?
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This article is also available in Spanish. analyst Tony Severino It revealed that the price of Bitcoin is currently at a ceiling of $137,000. This has raised questions about whether this is the highest point major cryptocurrencies could reach in this market cycle, and the analyst also provided some answers.…
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Bank of England cuts rates to 4.75% as inflation cools and economic pressures ease
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The Bank of England cut interest rates by 25 basis points to 4.75%, its second cut this year as inflationary pressures begin to ease and economic data point to a slowdown in wage growth. The nine-member Monetary Policy Committee voted in favor of the cut, following a steady trend in…
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Cardano, Dogecoin, And XRP Price Are No Match For The ETFSwap (ETFS) 37,000% Rally By 2025
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In the vibrant world of cryptocurrencies, some projects shine brightly due to their innovation and potential for remarkable returns. among them, ETF Swap (ETFS) It is generating buzz with its bold goal of achieving a 37,000% increase by 2025, prompting investors to compare it to tokens such as Cardano price,…
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Cardano, Dogecoin, And XRP Price Are No Match For The ETFSwap (ETFS) 37,000% Rally By 2025
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In the vibrant world of cryptocurrencies, some projects shine brightly due to their innovation and potential for remarkable returns. among them, ETF Swap (ETFS) It is generating buzz with its bold goal of achieving a 37,000% increase by 2025, prompting investors to compare it to tokens such as Cardano price,…
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Bitcoin Hits $76,000 All-Time High As Market Reacts To Fed’s Interest Rate Cuts
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Bitcoin (BTC), the leading cryptocurrency by market capitalization, rose to a new all-time high of $76,800, supported by the recent US decision. Presidential elections Which saw Donald Trump get another term in the White House and a more accommodating monetary policy from the US Federal Reserve. Interest rate cuts for…
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Shekel gains against dollar, bucking global trend
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As soon as it became clear yesterday that Donald Trump had won the US presidential election, the US dollar began to rise in the foreign exchange market, which is always the quickest of financial markets to respond. The DXY index, which measures the strength of the US dollar, rose 1.5%…
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Bitcoin Advocate Top Pick For Trump’s Treasury Secretary
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Billionaire hedge fund manager Scott Bescent is reportedly positioning himself as a leading candidate for Treasury Secretary under Donald Trump’s administration. Matthew Baines, director of SentinelOne and national security fellow at the Bitcoin Policy Institute, shared an article from the Financial Times on X, highlighting Bessent’s ambitions. Trump’s Treasury Secretary…