Category: market
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Cardano climbs as cryptocurrency market rebounds
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Cardano (ADABitcoin (BTC), the eighth-largest cryptocurrency by market cap, has seen a significant price increase of 3.4% in the past 24 hours. Cardano’s price surge comes amid a broader rally in the cryptocurrency market. Bitcoin and Ethereum are also seeing slight gains of 2.5% and 2.2%, respectively. bullish reversal Technical…
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Cardano climbs as cryptocurrency market rebounds
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Cardano (ADABitcoin (BTC), the eighth-largest cryptocurrency by market cap, has seen a significant price increase of 3.4% in the past 24 hours. Cardano’s price surge comes amid a broader rally in the cryptocurrency market. Bitcoin and Ethereum are also seeing slight gains of 2.5% and 2.2%, respectively. bullish reversal Technical…
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The gold market may have found a second leg
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The long-term argument for gold is that Russia, China, India and the Middle East are buying in increasing quantities. But gold’s rally has stalled after data showed official gold buying in China stopped in May. There is also a kind of gold mania in Chinese retail circles that is cause…
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Tech giants rally: A snapshot of today’s vibrant stock market
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Stock Heat Map from FinViz.com Friday, July 05, 2024 13:46:14 GMT Market Overview Today’s stock market map reveals a dynamic trading landscape, with big tech companies like AMD and Google leading the way amid mixed sector trends. The map highlights key moves that provide an indication of investor sentiment and…
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Finance CEO Raoul Pal Says Crypto Will Reach $100 Trillion Market Cap
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Raul Balco-founder and CEO of Real Vision Group, expects that Global Cryptocurrency Market The stock market will reach a market cap of $100 trillion. The financial expert maintained his strong bullish stance on the future of the industry, outlining several reasons why he believes the market will jump 44 times…
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XRP shows resilience amid crypto market volatility
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XRP, the native token of Ripple’s open-source XRP Ledger, is showing positive technical signals despite recent volatility in the broader crypto market. The cryptocurrency is showing relative strength compared to Bitcoin, and short-term price forecasts point to a potential upward move. Over the past 24 hours, the price of Ripple…
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XRP shows resilience amid crypto market volatility
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XRP, the native token of Ripple’s open-source XRP Ledger, is showing positive technical signals despite recent volatility in the broader crypto market. The cryptocurrency is showing relative strength compared to Bitcoin, and short-term price forecasts point to a potential upward move. Over the past 24 hours, the price of Ripple…
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US economy adds 206,000 jobs in June as labour market shows signs of cooling
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The U.S. economy added 206,000 jobs in June, indicating a slight slowdown in the labor market, according to the latest data from the Bureau of Labor Statistics. The figure was closely in line with economists’ expectations and represented a modest decline from the revised 218,000 jobs added in May. The…
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LayerZero Bounces Amid Market Retrace, ZRO Soars 20%
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LayerZero (ZRO) has become one of the first altcoins to rise amid the market downturn. The coin has been in the green despite its controversial launch last month. As a result, investors and market watchers remain optimistic about ZRO’s long-term performance. Related reading From ZRO to Market Champion In late…
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The stage is set for 2 rate cuts this year, but investors need to be careful adding more exposure to the stock market, JPMorgan strategy chief says
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In this photo taken on May 22, 2020, a car drives past the Federal Reserve Bank building in Washington.Patrick Szymanski/AP Photo Recent data makes the Federal Reserve ready to cut interest rates twice this year, said David Kelly of JPMorgan Chase. The bank’s chief global strategist expects the Federal Reserve…
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Global Market Weekly Recap: July 1 – 5, 2024
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Last week was an eventful one for global markets despite the shortened trading week in the US. Politics played a big role with the French elections over the weekend, the UK parliamentary elections and the prospects for the US presidential election likely to grab attention and impact major financial market…
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‘Buy Bitcoin (BTC)’ Searches Soar Amid the Recent Crypto Market Crash: Details
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Long summary Bitcoin briefly dipped below $54,000, sparking a market-wide correction, but the growing interest in buying Bitcoin suggests some are viewing this as a “buy the dip” opportunity. Metrics such as the Relative Strength Index (RSI) and the Fear and Greed Index indicate that the asset is in oversold…
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‘Buy Bitcoin (BTC)’ Searches Soar Amid the Recent Crypto Market Crash: Details
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Long summary Bitcoin briefly dipped below $54,000, sparking a market-wide correction, but the growing interest in buying Bitcoin suggests some are viewing this as a “buy the dip” opportunity. Metrics such as the Relative Strength Index (RSI) and the Fear and Greed Index indicate that the asset is in oversold…
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UK car market sees first million sales since pandemic, driven by hybrids over fully electric vehicles
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The UK car market has reached a significant milestone, with new car registrations exceeding one million in the first half of 2024, the first time this has happened since pre-pandemic 2019. This renaissance includes a significant increase in the market share of electric vehicles. However, sales of plug-in hybrids and…
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Tech deals revive Tel Aviv’s office market
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Recent times have not been the best for the office real estate sector in Israel. The slowdown in the tech industry in Israel and around the world, rising interest rates, political instability in Israel and of course the war have all contributed to a significant slowdown, especially after the boom…
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Daily Broad Market Recap – July 4, 2024
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No traders in the US session? No problem! Global stocks and commodities made big moves over the Fourth of July holiday, as the spotlight turned to political headlines. Crude oil prices rose to their highest level in about two months, while European stocks made good gains thanks to the results…
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Why these analysts see a broadening in potential stock market gains in H2 By Investing.com
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The potential upside for the S&P 500 is expected to widen in the second half of 2024 after gains were supported by a handful of AI-related companies in the first six months of the year, according to analysts at Wells Fargo. The company’s profits rose 14.5% year-to-date in the first…
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Bitcoin Plummets to $57K, Solana Nosedives 8% Daily (Market Watch)
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Cryptocurrency markets have seen massive losses over the past 24 hours, with total market cap falling below $2.5 trillion, down 5% on the day. This comes on the back of notable declines across the board from Bitcoin, Ethereum, BNB, Solana and almost the entire market. Bitcoin drops to $57K At…
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Here’s The Key To Reviving Bitcoin’s Bull Market: Analyst
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With Bitcoin trading sideways over the past few months, traders are waiting for a signal to re-enter the market before the cryptocurrency regains its bullish momentum from earlier this year. In a note published on Wednesday, an analyst from CryptoQuant highlighted one signal worth paying attention to: the liquidity of…
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Here’s The Key To Reviving Bitcoin’s Bull Market: Analyst
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With Bitcoin trading sideways over the past few months, traders are waiting for a signal to re-enter the market before the cryptocurrency regains its bullish momentum from earlier this year. In a note published on Wednesday, an analyst from CryptoQuant highlighted one signal worth paying attention to: the liquidity of…