Category: demand
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Bitcoin Demand Remains Strong – Key Metrics Confirm Bullish Outlook
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Bitcoin is currently trading at $66,800 after a week of high volatility. The price settled above the crucial support level of $65,000, indicating resilience as the market takes a breather after several weeks of heightened excitement. This phase of consolidation below the key $70,000 level suggests that BTC may be…
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Bitcoin Demand Remains Strong – Key Metrics Confirm Bullish Outlook
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Bitcoin is currently trading at $66,800 after a week of high volatility. The price settled above the crucial support level of $65,000, indicating resilience as the market takes a breather after several weeks of heightened excitement. This phase of consolidation below the key $70,000 level suggests that BTC may be…
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Indonesian forests pay the price for the growing global biomass energy demand
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Breadcrumb links PMN BMN Business Article writer: Associated Press Victoria Milko Posted on October 26, 2024 • Last updated 4 hours ago • 5 minute read You can save this article by registering for free here. Or log in if you have an account. Article content JAKARTA, Indonesia (AP) —…
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Spot Bitcoin ETFs Demand At 6-Month High, BTC Capped Below $70,000
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Bitcoin prices remained firm above the $66,000 support level at writing on October 25. Despite the rise in confidence, the coin is still heading below the psychological round of $70,000. It has yet to clear the sellers in early October. Demand for spot Bitcoin ETFs rises to 6-month high However,…
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Web3 Automation Provider Ava Protocol’s Demand Surges 900% Ahead Of Token Launch
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Ava Protocol, EigenLayer’s active, event-driven service (AVS), has seen significant growth since its launch in July. Automation provider Web3 reported a surge in demand for its “super-transaction” solution ahead of its token launch. Web3 automation provider sees 900% increase in demand Ava protocol I mentioned 900% increase in demand for…
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Bitcoin Retail Investors Returning To The Market – Metrics Show Increasing Demand
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Bitcoin has crossed the $67,000 mark and is testing key supply levels to determine its next target. As Election Day approaches, the cryptocurrency market is experiencing increased volatility, increasing expectations of a potential rise in Bitcoin. Key data from CryptoQuant reveals that retail investors are returning to the market, marking…
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Bitcoin Demand Growing At Fastest Pace Since April — Is BTC Price Next?
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According to the latest on-chain data, demand for Bitcoin, the world’s largest cryptocurrency, has accelerated over the past few days. The question here is: Could this increasing pressure spur Bitcoin’s rise? Could the recent surge in demand restart the upward trajectory? Julio Moreno, head of research at CryptoQuant, has moved…
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Bank of Canada business outlook survey says “demand is weak”
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To me, this report is more important than today’s jobs data. The Business Expectations Survey index remains negative, indicating broad-based weakness “Demand is weak, businesses have excess capacity, and price growth continues to slow” but there has been only slight deterioration since last quarter. Companies have reported weak sales growth…
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XRP Will Jump 75% If It Holds Current Demand Level – Details
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This article is also available in Spanish. XRP is testing a crucial support level to determine the altcoin’s price movement in the coming weeks. The market is experiencing a state of uncertainty and anxiety after last week’s euphoria surrounding the Federal Reserve’s decision to cut interest rates. Related reading Despite…
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US Spot ETFs Hold 4.6% Of Bitcoin Supply – Is BTC Institutional Demand Growing?
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Bitcoin and the entire cryptocurrency market find themselves at a pivotal moment after several weeks of price volatility. While analysts and investors are closely monitoring market trends, many are optimistic about the potential rise in the coming months. An important factor influencing this sentiment is the recent entry of US…
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A GE spinoff’s stock is surging as it positions itself as the ‘supermarket’ for AI energy demand
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The massive demand for energy as big tech companies race to build out their AI infrastructure has been a tailwind for GE Vernova (GEV), the energy equipment maker that spun off the iconic GE earlier this year. Shares of the Cambridge, Massachusetts-based company have been hovering near all-time highs, along…
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Nvidia stock jumps after CEO Jensen Huang says ‘demand for Blackwell is insane’
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Justin Sullivan/Getty Nvidia shares rose as much as 5% on Thursday after CEO Jensen Huang cited strong demand for its Blackwell GPU. Huang confirmed that Blackwell’s chips are in full production despite previous delays in the redesign. Nvidia aims to improve GPU performance annually, which impacts customer revenue and costs.…
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Nvidia stock rises as CEO Jensen Huang touts ‘insane’ chip demand
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Nvidia (NVDA) stock jumped as much as 5% on Thursday as CEO Jensen Huang said demand for next-generation Blackwell chips was “insane.” In an interview with CNBC on Wednesday after the market closed, Huang confirmed that the chips are in “full production” despite recent design issues that have caused some…
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Can SUI Break Past $2 Resistance? On-Chain Metrics Reveal Growing Demand
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This article is also available in Spanish. SUI has seen a staggering rise of over 160% since the beginning of September, with its price now hovering around $2. This remarkable rise has made analysts and investors very optimistic about the future of layer-one blockchain. In addition to its high price,…
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Can SUI Break Past $2 Resistance? On-Chain Metrics Reveal Growing Demand
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This article is also available in Spanish. SUI has seen a staggering rise of over 160% since the beginning of September, with its price now hovering around $2. This remarkable rise has made analysts and investors very optimistic about the future of layer-one blockchain. In addition to its high price,…
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Cardano (ADA) Faces Risk Of 30% Drop – On-Chain Metrics Confirm A Slow Demand
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This article is also available in Spanish. Cardano saw a strong 26% rally after the Federal Reserve announced interest rate cuts two weeks ago, boosting optimism in the cryptocurrency market. Analysts and investors wonder how sustainable the recent rise is. Despite the initial rally, Cardano price failed to close above…
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Cardano (ADA) Faces Risk Of 30% Drop – On-Chain Metrics Confirm A Slow Demand
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This article is also available in Spanish. Cardano saw a strong 26% rally after the Federal Reserve announced interest rate cuts two weeks ago, boosting optimism in the cryptocurrency market. Analysts and investors wonder how sustainable the recent rise is. Despite the initial rally, Cardano price failed to close above…
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Bitcoin’s Price Movement Primarily Influenced By Supply And Demand, Expert Claims
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After the recent rise in Bitcoin price, several factors such as crowd sentiment have been considered as the main reason for this rise. However, Axel Adler Jr. is a market expert I searched On this topic, noting that the recent and previous price increases are mainly due to supply and…
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Bitcoin’s Price Movement Primarily Influenced By Supply And Demand, Expert Claims
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After the recent rise in Bitcoin price, several factors such as crowd sentiment have been considered as the main reason for this rise. However, Axel Adler Jr. is a market expert I searched On this topic, noting that the recent and previous price increases are mainly due to supply and…
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Volkswagen cuts forecasts again on demand, EV competition
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Volkswagen cut its guidance for the second time this year, warning that falling demand will undermine the German automaker’s profitability as it battles with unions over potential job cuts and unprecedented factory closures. The manufacturer said Friday that it now sees an operating margin of 5.6%. That’s down from expectations…