Category: Drops
-
Bank Korea drops phrase ‘upside risks to inflation forecasts have increased’ from statemt
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
New York working hours increase by 2.4% but productivity drops by 1.8%
•
A recent study by AI productivity platform Plus Docs, analyzing the latest data from the Bureau of Labor Statistics (BLS), shows a 2.4% increase in work hours in New York for 2022-23, accompanied by a 1.8% decrease in labor productivity. Nationally, average hours worked increased 1.7 percent, and labor productivity…
-
ForexLive Asia-Pacific FX news wrap: RBNZ leans more dovish, NZD drops
•
The two most interesting items during the session here were inflation data from China and the Reserve Bank of New Zealand’s July monetary policy review. The Reserve Bank of New Zealand dropped a dovish bombshell. I explained it at the time (see points above): *** From the Reserve Bank of…
-
Altcoins BRETT, PEPE, WIF, and JUP plummet 10% as Bitcoin drops 4%
•
On July 8, the majority of altcoins were seen in the red, including BRETT, PEPE, WIF, and JUP, which fell by more than 10% as Bitcoin, the world’s largest cryptocurrency, fell by 4% in the past day. At the time of writing, BRETT, the meme coin inspired by the character…
-
Altcoins BRETT, PEPE, WIF, and JUP plummet 10% as Bitcoin drops 4%
•
On July 8, the majority of altcoins were seen in the red, including BRETT, PEPE, WIF, and JUP, which fell by more than 10% as Bitcoin, the world’s largest cryptocurrency, fell by 4% in the past day. At the time of writing, BRETT, the meme coin inspired by the character…
-
South African rand drops on reported discord over cabinet posts By Reuters
•
Written by Tanwar Anders JOHANNESBURG (Reuters) – The South African rand fell sharply on Thursday after media reports of a major rift between the pro-business Democratic Alliance party and President Cyril Ramaphosa over ministerial positions. At 1527 GMT, the rand was trading at 18.48 against the dollar, down 1.7% from…
-
Here’s the First Critical Support if Bitcoin Drops Below $60K
•
The price of Bitcoin has fallen rapidly over the past few days after failing to stay above the $70,000 level. The market is currently approaching the fundamental level. Bitcoin Price Analysis: Technical Analysis by TradingRage Daily chart As the daily time frame shows, Bitcoin price has been trending lower since…
-
Here’s the First Critical Support if Bitcoin Drops Below $60K
•
The price of Bitcoin has fallen rapidly over the past few days after failing to stay above the $70,000 level. The market is currently approaching the fundamental level. Bitcoin Price Analysis: Technical Analysis by TradingRage Daily chart As the daily time frame shows, Bitcoin price has been trending lower since…
-
DOT drops below support level, Raboo dominates crypto as Ethena revamps tokenomics
•
Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Polkadot is facing resistance. Ethena is restructuring token economies for long-term staking, while Rapoo is enjoying the pre-sale frenzy. Polkadot (DOT) is facing a lot of resistance at the…
-
Bearish Wave Hits Solana: SOL Drops Below $140 – More Losses On The Horizon?
•
Solana, a leading blockchain platform, is witnessing a major decline as a sustained bearish wave sweeps its market. This decline, driven by a combination of factors, saw the price of SOL fall significantly below the $140 support level. Solana price struggled to find stability, as it broke through key support…
-
U.K. Inflation Drops To The BOE’s Target Range For The First Time Since 2021
•
As expected, UK consumer prices rose 2.0% year-on-year in May, slowing from the 2.3% annual increase in April and recording their lowest readings since July 2021. The core CPI, which excludes volatile items such as food and energy, rose 3.5% year-on-year after a 3.9% year-on-year rise in April. On a…
-
Nigeria Drops Tax Evasion Charges Against Binance Executives
•
Events in the Nigeria-Binance saga continue to unfold. This time, the country dropped tax charges against the stock exchange executives. according to tweet By Nigerian journalist Alexander Onukwe Nigeria’s Federal Inland Revenue Service (FIRS) has withdrawn tax evasion charges against Tigran Gambaryan, Head of Financial Crimes Compliance at Binance, and…
-
Cardano Drops As Hoskinson Clarifies Relationship To Elon Musk
•
On a recent episode of Thinking Crypto Podcast, Charles Hoskinson, founder of Cardano, addressed rumors about a potential partnership with tech mogul Elon Musk. During the podcast, hosted by Tony Edwards, Hoskinson discussed various outreach efforts with Musk’s companies, including offers of pro bono work to combat bot issues on…
-
Cardano Drops As Hoskinson Clarifies Relationship To Elon Musk
•
On a recent episode of Thinking Crypto Podcast, Charles Hoskinson, founder of Cardano, addressed rumors about a potential partnership with tech mogul Elon Musk. During the podcast, hosted by Tony Edwards, Hoskinson discussed various outreach efforts with Musk’s companies, including offers of pro bono work to combat bot issues on…
-
Elon Musk Drops Lawsuit Against OpenAI
•
Elon Musk unexpectedly asked to dismiss his lawsuit against OpenAI and its CEO Sam Altman, which claimed the AI company abandoned its original mission to develop artificial intelligence for the benefit of humanity. The filing submitted by Musk’s legal team did not provide any reasons for the withdrawal. The move…
-
Moody’s Drops Bombshell On Crypto Industry Amid High Interest Rate Cuts
•
Moody’s Analytics Chief Economist Mark Zandi gave his opinion on a possible interest rate cut ahead of the meeting US Federal Reserve decision. The cryptocurrency community is closely monitoring this event, given how it will impact the cryptocurrency market. The US Federal Reserve should lower interest rates Zandi mentioned during…
-
Blood In The Water? Ethereum Whales Circle As Price Drops
•
Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, has created a confusing scenario for investors recently. Although note its price fell, On-chain data reveals that large investors, often referred to as “whales,” are accumulating ETH. This may indicate a potential buying opportunity, although technical indicators point to a weakening…
-
Ethereum Drops Below 4-Hour SMA: Analyzing The Impact
•
Ethereum (ETH), the second-largest cryptocurrency by market cap, recently saw its price fall below the 4-hour simple moving average (SMA). This technical development is noteworthy for traders and investors, as the 4-hour simple moving average is often used to measure short-term market momentum. When the cryptocurrency price falls below this…
-
Ethereum Drops Below 4-Hour SMA: Analyzing The Impact
•
Ethereum (ETH), the second-largest cryptocurrency by market cap, recently saw its price fall below the 4-hour simple moving average (SMA). This technical development is noteworthy for traders and investors, as the 4-hour simple moving average is often used to measure short-term market momentum. When the cryptocurrency price falls below this…
-
Mexico peso drops more than 3% on jitters over Morena supermajority By Reuters
•
Written by Karen Strohecker LONDON (Reuters) – The Mexican peso fell more than three percent against the dollar on Monday after the ruling party had a surprisingly strong performance in the elections and appeared on track to win a landslide that markets fear could lead to constitutional change and the…