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What would it really take for a pullback in gold prices?
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Even as the dollar strengthened and traders retreated to pricing in a 25 basis point move for the Fed in the last week or so, that did not faze gold prices at all. There was a slight decline towards $2,605 earlier this week, but that did not last as prices…
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Bitnomial Files Lawsuit Against SEC
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Bitnomial Exchange, LLC has foot The SEC and its commissioners sued on October 10, challenging the SEC’s claim that XRP is a security. The complaint, filed in the U.S. District Court for the Northern District of Illinois, seeks declaratory relief and injunctive relief against the federal regulator’s attempt to exercise…
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EU again insists airlines should suspend Israel flights
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The European Commission and the European Union Aviation Safety Agency (EASA) last night discussed and reaffirmed the recommendation for airlines not to fly to Israel until 31 October. After discussions, Air France announced that it would extend the cancellation of its flights to Israel until October 13, and Wizz Air…
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EU again insists airlines should suspend Israel flights
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The European Commission and the European Union Aviation Safety Agency (EASA) last night discussed and reaffirmed the recommendation for airlines not to fly to Israel until 31 October. After discussions, Air France announced that it would extend the cancellation of its flights to Israel until October 13, and Wizz Air…
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Futures fall as investors brace for earnings season; Tesla dips By Reuters
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(Reuters) – U.S. stock index futures fell on Friday, ahead of the start of third-quarter earnings season, after hotter-than-expected September inflation data boosted expectations of a 25 basis point interest rate cut by the Federal Reserve in November. Tesla (NASDAQ:) shares fell 5.8% in pre-market trading after the electric car…
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Is The Bitcoin Bull Run Over? Top Analyst Predicts What’s Next
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This article is also available in Spanish. Cryptocurrency analyst Bob Lucas has released a new report Video analysis Titled “No Bull”. In the video, Lucas delves into the current state of the Bitcoin market, and addresses growing concerns that the bull run could be reversed. Lucas begins by acknowledging the…
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Exclusive-Stop Israel from bombing Iran’s oil sites, Gulf states urge US By Reuters
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Written by Samia Nakhoul, Parisa Hafezi and Bisha Majed DUBAI (Reuters) – Three Gulf sources told Reuters that the Gulf states are pressuring Washington to prevent Israel from attacking Iranian oil sites because they fear that their oil facilities will come under fire from Tehran’s proxies if the conflict escalates.…
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Dollar slips lower, but still on course for weekly gain By Investing.com
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Investing.com – The US dollar traded with small losses on Friday, but remained on track for weekly gains as traders reassessed potential interest rate cuts from the Federal Reserve in the wake of the strong employment report. At 04:30 EST (08:30 GMT), the dollar index, which tracks the greenback against…
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Crypto Chaos: SEC Commissioner Uyeda Confesses Regulatory Failings
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The US Securities and Exchange Commission (SEC) has faced increasing criticism in recent years over its regulatory approach to the cryptocurrency industry under President Biden’s administration, which has been characterized by increased enforcement actions and lawsuits against major players. Commissioner Mark Ueda recently expressed his concerns, describing what happened SEC…
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Crypto Chaos: SEC Commissioner Uyeda Confesses Regulatory Failings
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The US Securities and Exchange Commission (SEC) has faced increasing criticism in recent years over its regulatory approach to the cryptocurrency industry under President Biden’s administration, which has been characterized by increased enforcement actions and lawsuits against major players. Commissioner Mark Ueda recently expressed his concerns, describing what happened SEC…
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Stocks Steady as Traders Await US Earnings Season: Markets Wrap
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(Bloomberg) — European stocks and U.S. futures were little changed, as traders digested hotter-than-expected U.S. inflation and braced for the start of earnings season. Most read from Bloomberg The Stoxx 600 and S&P 500 futures traded flat at the open, capping a week in which US stocks hit another record…
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Mt. Gox Delays Repayment Plan Until October 2025
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This article is also available in Spanish. In a development that could provide relief to Bitcoin (BTC) and the broader cryptocurrency ecosystem, Mt.Gox, the defunct Cryptocurrency exchange Which was hacked in 2014, announced a major delay in the payment plan for affected creditors. The original repayment date was set for…
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Sardinia is urging visitors to stay off the beaches and explore the island during the off-season—in a bold move to tackle mass tourism
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The Italian island of Sardinia suffers from a tourism problem. A few seasons ago, it issued regulations to control overcrowding on its world-famous beaches. These restrictions include restricted access, advance reservations and a towel ban. Now, some tourism experts and operators want to expand the island’s image from being a…
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Dollar push and pull yesterday but didn’t move a whole lot in the end
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In case you missed the headlines: Inflation numbers were higher than expected while initial jobless claims also jumped, with little hurricane-related impact noted. The dollar made gains on the back of this, but they were quickly erased. That’s before Bostic came in to lift the dollar again ahead of another…
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Bitcoin Stalls: Bullish Momentum Hinges On Reclaiming Key Metric, Expert Says
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After the Bitcoin price fluctuations witnessed in recent weeks, one cryptocurrency expert predicted a possible return of bullish momentum in the market. short term. However, crypto assets must recover to a certain level in order to unlock the next big price rise. The main scale can start the next rise…
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Property auctions surge as defaults hit Sh674bn
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In a yard in Nairobi, cars are piled up waiting for bids at auctions where there have not been enough buyers recently, a growing problem in Kenya as loan defaults hit a new 18-year high in August. The resilient economy and expensive loans have created a growing number of distressed…
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China stocks ‘riding the dragon’s tail’ amid stimulus swings- MRB Partners By Investing.com
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Investing.com — China’s latest round of stimulus has sparked a strong rally in local stocks over the past few weeks, but MRB Partners said China’s earnings outlook remains weak, and it’s too early to upgrade local stocks. MRB Partners said that the recent rise in Chinese stocks was mainly driven…
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Solana (SOL) Could Regain Steam: Is a Fresh Rally Ahead?
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Solana tested the $135 support level and recently corrected losses. SOL price is rising and may gain upward momentum if it crosses the $144 resistance level. SOL price is trying a new increase from the $135 area against the US dollar. The price is now trading below the $145 level…