Category: market
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Shiba Inu Burn Rate Sees Epic 874% Spike Amid Market Rebound
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The Shiba Inu burn rate has seen a significant recovery over the past day as the number of tokens sent to the burn address has increased significantly. This recovery comes at a time when the cryptocurrency market has started to move towards the green again, and digital assets like Shiba…
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Daily Broad Market Recap – July 17, 2024
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U.S. stocks and crude oil prices took their cues from individual catalysts on Wednesday and traded against their trends for the week. Meanwhile, the US dollar fell amid speculation that Japanese officials were intervening in the currency. Missed yesterday’s market headlines? We’ve got you covered! headlines: Melbourne Institute’s Leading Australian…
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Worldcoin Market Manipulation Exposed Before Insider Unlocks
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The cryptocurrency Worldcoin (WLD) has seen a massive price surge, surging 75% over the past five days, with a whopping 38% increase in the last 24 hours. According to DeFi^2 (@DefiSquared), the #1 ranked trader on Bybit and a top 10 wallet on DeBank, this price action is not just…
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Daily Broad Market Recap – July 16, 2024
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Major assets posted mixed results as markets priced in a strong US economy and increased chances of a Federal Reserve rate cut. Spot gold, bitcoin and US stocks rose, while US bond yields and the US dollar fell. We have the headlines you need to know about yesterday’s price action!…
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Classic Hedge Fund Trade Is a Winner in China’s Two-Speed Market
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Breadcrumbs Path Links PMN Business Chinese stocks have been among the world’s worst performers over the past year, but they’re outperforming their major peers based on one hedge fund strategy. Article author: Bloomberg News Henry Ren and Charlotte Young Published on July 16, 2024 • Read for 4 minutes You…
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Daily FX Market Review: Cha-Ching! Retail Sales Surprise Sends Dollar Higher
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The US dollar rose for the second day in a row due to stronger-than-expected US retail sales. While overall retail sales remained unchanged.Retail sales excluding automobiles U.S. retail prices rose 0.4% in June. Yes, American shoppers were back on track in June, spending more on everything except cars. This rapid…
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PEPE, WIF, FLOKI Explode by Double Digits While BTC Retraces After Mt. Gox News (Market Watch)
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Bitcoin jumped above $65,000 for the first time in weeks, but the Mt. Gox news sent the asset down more than $2,000 in minutes. The prices of several altcoins, which mostly represent the meme coin industry, have risen by double digits in the past day. BTC goes up and down…
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Daily Broad Market Recap – July 15, 2024
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Markets began the week pricing in an assassination attempt on Trump over the weekend, but price action quickly took cues from speculation of a Fed rate cut. Which assets benefited from the momentum, and which assets saw losses today? We have a summary for you! headlines: BusinessNZ Services Index in…
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Expert Sees SOL Reaching 50% Of ETH’s Market Cap This Cycle
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Solana (SOL), the fifth-largest cryptocurrency in the industry, saw a notable recovery over the weekend, in line with the broader market rally and the price of Bitcoin (BTC). Rebound towards $63,000 level Mark for the first time in over a week. SOL price has managed to recover from the losses…
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Expert Sees SOL Reaching 50% Of ETH’s Market Cap This Cycle
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Solana (SOL), the fifth-largest cryptocurrency in the industry, saw a notable recovery over the weekend, in line with the broader market rally and the price of Bitcoin (BTC). Rebound towards $63,000 level Mark for the first time in over a week. SOL price has managed to recover from the losses…
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Cryptocurrency Market Sentiment Rallies Amid Political Turmoil Involving Donald Trump – Santiment
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In an interesting turn of events, Cryptocurrency Market Cryptocurrencies have seen an upbeat reaction following recent reports of an assassination attempt on former US President and Republican presidential candidate Donald Trump. As the information surrounding the attempt emerged, the market and society have seen positive reactions, including digital assets such…
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How To Develop Your Market Edge in Trading
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author Trading in the region Mark Douglas defines trading advantage as: “Nothing more than an indication of a higher probability of one thing happening rather than another.” This market advantage must be objective and measurable, which means it is backed by numbers and statistics. You might roll your eyes and…
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How To Develop Your Market Edge in Trading
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author Trading in the region Mark Douglas defines trading advantage as: “Nothing more than an indication of a higher probability of one thing happening rather than another.” This market advantage must be objective and measurable, which means it is backed by numbers and statistics. You might roll your eyes and…
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Solana Price (SOL) Hits $150: Market Dips Look Tempting
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Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
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Solana Price (SOL) Hits $150: Market Dips Look Tempting
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Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
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Dogecoin Price Prediction For 2030: Market Analysis
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In the rapidly evolving world of cryptocurrency, Dogecoin has emerged from a lighthearted meme to a significant player in the digital currency space, captivating investors and analysts alike. With its unique blend of humor and technology, Dogecoin has demonstrated resilience and adaptability, defying skeptics. As we look toward the future,…
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Dogecoin Price Prediction For 2030: Market Analysis
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In the rapidly evolving world of cryptocurrency, Dogecoin has emerged from a lighthearted meme to a significant player in the digital currency space, captivating investors and analysts alike. With its unique blend of humor and technology, Dogecoin has demonstrated resilience and adaptability, defying skeptics. As we look toward the future,…
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4 charts show why Wall Street’s most bullish strategist expects the stock market to triple by 2030
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Cindy Ord/Getty Images for Yahoo!; iStock; Rebecca Zisser/PA Fundstrat’s Tom Lee expects the S&P 500 to hit 15,000 by 2030. Demographic trends, millennial spending habits, and technological advancements will be key drivers. Here are four charts that illustrate why Lee is bullish on the stock market. Fundstrat CEO Tom Lee…
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Ethereum Seen Hitting $5,000 as Bitcoin Sell-off Shakes Market
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Ethereum has shown a certain degree of resilience in the face of extreme volatility in the broader crypto landscape, Keeping the ground above $3000 A week in which Bitcoin stumbles under the weight of German economic policies. Related reading Ether holders are closely watching the significant changes taking place in…