Category: Path
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Bitcoin on Path To Replicate Nasdaq’s 2014 Rally Says Analyst, BTC Price Eyes $120,000 Amount
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Bitcoin is currently in a period of consolidation and disbelief after weeks of violent volatility and uncertainty. This period is followed by a series of corrections and weak consolidations, which often precede significant market movements. Historically, Bitcoin price action tends to build momentum during such phases, paving the way for…
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Powell’s Path: Rate cuts and economic outlook after Jackson Hole Summit
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The Jackson Hole Summit concluded, highlighting Fed Chair Powell’s speech on Friday, in which he explicitly laid out the path for a September rate cut. The cut would be the first policy change since July 2023, when the Fed raised rates by 25 basis points to a high target of…
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Key Requirement For Solana’s Path To A $500 Milestone Amid Market Volatility
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The entire cryptocurrency market may be witnessing bearish sentiments, however, optimism for Solana appears to have increased overall as many crypto analysts are predicting a massive rally for SOL in the coming months. Amidst the growing optimism for Solana, market strategist and trader, Curbo, delves into Solana’s recent price action…
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Dogecoin Bulls Show Strength As DOGE Path Toward $0.1144 Solidifies
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As the bearish momentum intensifies, Dogecoin (DOGE) is facing increasing bullish pressure, with recent market trends pointing to a potential surge towards the $0.1144 mark. The price action reflects the continuation of the rising Strength, in favor of bulls and raising concerns about further gains. Technical indicators and market conditions…
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Dogecoin Bulls Show Strength As DOGE Path Toward $0.1144 Solidifies
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As the bearish momentum intensifies, Dogecoin (DOGE) is facing increasing bullish pressure, with recent market trends pointing to a potential surge towards the $0.1144 mark. The price action reflects the continuation of the rising Strength, in favor of bulls and raising concerns about further gains. Technical indicators and market conditions…
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Path to a ‘Goldilocks’ scenario is narrowing By Investing.com
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According to Morgan Stanley, the path to a “Goldilocks” scenario – a state of economic equilibrium characterized by moderate growth and low inflation – is becoming increasingly difficult. The central bank’s latest note highlighted the market’s reaction to the Fed’s likely start of rate cuts in September, driven by a…
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Path, destination of interest rates more important than timing of first cut: UBS By Investing.com
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Since the beginning of 2024, investors have been primarily interested in when the Federal Reserve will start cutting interest rates. Initially, March seemed like a good time to do this, but expectations then shifted to June after a wave of unfavorable economic data. Now, for the same reasons, the first…
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Fed’s Key Inflation Gauges May Offer Path to Rate Cuts
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(Bloomberg) — The Federal Reserve’s favored inflation gauges are poised to show the smallest monthly progress since late last year — a starting point for officials to start cutting interest rates, perhaps as soon as September. Most read from Bloomberg Economists expect no change in the PCE price index for…
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Pudgy Penguins NFT collection path
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From cute images of chubby penguins, the Pudgy Penguin brand has evolved into an entire ecosystem of soft toys and toys of its own. What is the Pudgy Penguins NFT Collection? The Pudgy Penguins brand was launched in July 2021 by four college friends who decided to ride the wave…
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Pudgy Penguins NFT collection path
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From cute images of chubby penguins, the Pudgy Penguin brand has evolved into an entire ecosystem of soft toys and toys of its own. What is the Pudgy Penguins NFT Collection? The Pudgy Penguins brand was launched in July 2021 by four college friends who decided to ride the wave…
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InvoiceCloud Report Unveils Path to Universal Online Bill Pay
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For decades, the bill collector has been a familiar, if unwelcome, figure in American life. Armed with a tough demeanor and a stack of paper bills, they were a constant reminder of looming financial obligations. The advent of online bill payment has promised to relegate the harbinger of late fees…
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ECB’s Lagarde: We are not pre-committing to a particular rate path
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The euro zone economy is expected to continue to recover in the coming quarters This follows growth in the first quarter, after five quarters of “stagnation.” The service sector is expanding, and manufacturing is showing signs of stabilization Price pressures are gradually diminishing However, wages are still rising at a…
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Kenya on right path to building thriving digital, tech ecosystem
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Last week, I was honored to be part of the government delegation accompanying President William Ruto on his official visit to the United States. This visit comes in celebration of the sixtieth anniversary of the establishment of diplomatic relations between the two countries. A partnership that has been instrumental in…
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ECBs Vasle: Awaiting data and open to possibilities on rate path
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Speaking from the European Central Bank, Vasle says: Waiting for data and open to possibilities on the price path A cut in interest rates in June would be reasonable GDP growth in A24 appears to be better than expected. Really interested in what is happening in the United States. With…
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The Great Script Restoration: A Path Forward For Bitcoin
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Bitcoin was initially designed with a fully fleshed out scripting language, intended to encompass and support any potential safe use case that users could come up with in the future. As Satoshi himself put it before he disappeared: “The nature of Bitcoin is such that once version 0.1 was released,…
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Peaq joins Mastercard Start Path program, connects DePIN with tradfi
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Peaq, a tier-1 blockchain, has become a participant in the Mastercard Start Path program. Representatives of Peaq, a layer-one blockchain for decentralized physical infrastructure networks (DePIN) and machine real-world assets (RWAs), told crypto.news that the payment giant’s software is designed to support promising advanced-stage projects in various areas of fintech…
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How April CPI inflation data may influence the Fed’s rate path decision (DXY)
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With inflation remaining hotter than desired in the first quarter of 2024, the Fed’s first expected interest rate cut in more than four years continues to push through later in the calendar, with some wondering whether the central bank will lower its benchmark. Standard rate at all this year. Investors…
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RBA Keeps Interest Rates at 4.35%, Says Interest Rate Path ”Remains Uncertain”
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As expected, the Reserve Bank of Australia (RBA) kept interest rates at 4.35% in May. The Central Bank statement indicated this Inflation is expected to return to the target range of 2%-3% in the second half of 2025 and to 2.5% in 2026. Short-term inflation will “fall more slowly over…
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USD/JPY buyers face ‘treacherous’ path ahead as Japan likely to intervene again By Investing.com
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Investing.com – The bet on the dollar against the yen has been a hot forex trade that has dominated flows, but the trade could now head down a “treacherous” path ahead, Macquarie warns, with Japan likely to follow suit. Last week’s intervention that sent the Japanese currency higher amid revived…
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Dollar steadies as traders eye Federal Rate path following soft U.S. jobs data By Investing.com
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Investing.com – The US dollar steadied on Monday after falling the previous week on weaker-than-expected non-farm payrolls data, prompting traders to raise the timeline for possible interest rate cuts from the Federal Reserve this year. At 04:31 EDT (08:31 GMT), US Dollars, which tracks the greenback against a basket of…