Category: poised
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ECB Is Poised to Cut Rates Again in Warm-Up Act for the Fed
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Breadcrumbs Path Links PMN Business The European Central Bank is likely to cut interest rates on Thursday in preparation for the US move the following week, with the global monetary cycle tilting towards more synchronised easing. Article author: Bloomberg News Craig Sterling and Vince Gull Published on September 07, 2024…
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Aldi poised to overtake ASDA as UK’s third largest grocer within five years
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ASDA is set to lose its place as the UK’s third-largest grocery chain, with Aldi set to overtake it by 2028, according to analysis by GlobalData, a leading data and analytics company. The forecast comes as Asda faces a range of challenges, including leadership turmoil, labour disputes and shrinking market…
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Is Ethereum Poised for Inflation? Supply Reaches New High as Staking Takes Off
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While Ethereum has not been completely consistent in its upward trajectory over the past few weeks, its circulating supply has done the opposite. According to Data From Ultrasoundmoney, the circulating supply of ETH has increased to over 120.72 million ETH as of today. While this increase in supply is not…
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Is Ethereum Poised for Inflation? Supply Reaches New High as Staking Takes Off
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While Ethereum has not been completely consistent in its upward trajectory over the past few weeks, its circulating supply has done the opposite. According to Data From Ultrasoundmoney, the circulating supply of ETH has increased to over 120.72 million ETH as of today. While this increase in supply is not…
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Render Poised For A Staggering 990% Surge — Analyst
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In a market with mixed expectations, Render has been well received by analysts and cryptocurrency believers. Current value $4.80, Cryptocurrency researcher Crypto Patel predicts that Render will surge by over 990% to $50. This could happen despite the coin being down 75% from its peak. Related reading Conversely, Crypto Alex…
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Solana Price (SOL) Gains Traction: Poised for Further Increase?
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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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Bitcoin Loses Crucial Support, Poised For Return To $54,000 – Analyst
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Bitcoin price has been on a steady decline over the past week following several economic and market developments. According to data from CoinMarketCap, the leading cryptocurrency is currently hovering around the $60,000 price zone, having lost over 11.17% of its market value in the past seven days. While many crypto…
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Bitcoin Loses Crucial Support, Poised For Return To $54,000 – Analyst
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Bitcoin price has been on a steady decline over the past week following several economic and market developments. According to data from CoinMarketCap, the leading cryptocurrency is currently hovering around the $60,000 price zone, having lost over 11.17% of its market value in the past seven days. While many crypto…
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Bitcoin And Mining Industry Poised For Success — Study
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As Bitcoin cements its place in the global financial landscape, recent events in the United States have given it a bright future. At least, that’s what one analyst at HC Wainwright & Co. sees. Mike Colonies made a presentation. Weekly study On July 30, several positive elements were identified that…
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Bitcoin Price Poised for Fresh Pump: Market Prepares for Upswing
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Bitcoin price started rising again above the $68,000 resistance level. Bitcoin price is now rising and it could rise towards the $70,000 resistance area. Bitcoin formed a base and started a fresh rally above the $68,000 resistance area. The price is trading above $68,500 and the 100-hour simple moving average.…
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Shiba Inu Competitor FLOKI Poised For Dogecoin-Like Rally, How High Can It Go?
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A cryptocurrency analyst has predicted that the prominent meme coin and Shiba Inu’s rival, FLOKI Floki is expected to surge to new highs like Dogecoin. This bullish prediction comes on the heels of Floki’s recent listing on a leading cryptocurrency exchange, Bitstamp. Analysts expect Floki stock to surge similar to…
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Terra Classic Poised For 280% Rally
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Terra Classic (USTC) is making headlines with Price increase of 17%. Experts and traders are currently focusing on the rapid rise of the currency. People assume that the large positive divergence was the reason for the upward momentum. Related reading Noted cryptocurrency expert Javon Marks has expressed his bullish view…
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Terra Classic Poised For 280% Rally
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Terra Classic (USTC) is making headlines with Price increase of 17%. Experts and traders are currently focusing on the rapid rise of the currency. People assume that the large positive divergence was the reason for the upward momentum. Related reading Noted cryptocurrency expert Javon Marks has expressed his bullish view…
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Big banks poised for multi-year inflection point, Wells Fargo’s Mike Mayo says (NYSE:STT)
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yongyuan Big banks’ second-quarter earnings support the case that the sector is “at a multi-year inflection point from negative to positive growth in revenue, operating leverage, and earnings per share growth,” says Wells Fargo analyst Mike Mayo. The “five Ps” – central banks, capital markets, costs, credit, and capital –…
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Big banks poised for multi-year inflection point, Wells Fargo’s Mike Mayo says (NYSE:STT)
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yongyuan Big banks’ second-quarter earnings support the case that the sector is “at a multi-year inflection point from negative to positive growth in revenue, operating leverage, and earnings per share growth,” says Wells Fargo analyst Mike Mayo. The “five Ps” – central banks, capital markets, costs, credit, and capital –…
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Polkadot (DOT) Poised For Rally? Analyst Predicts $9.00 Breakout
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Polkadot (DOT), a blockchain known for its emphasis on interoperability, is resilient and showing significant upward momentum. Polkadot has held its ground at the $6.30 support level so far, indicating a solid foundation for further developments. Related reading DOT has seen a slight rise of 1.6% over the past week,…
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Polkadot (DOT) Poised For Rally? Analyst Predicts $9.00 Breakout
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Polkadot (DOT), a blockchain known for its emphasis on interoperability, is resilient and showing significant upward momentum. Polkadot has held its ground at the $6.30 support level so far, indicating a solid foundation for further developments. Related reading DOT has seen a slight rise of 1.6% over the past week,…
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Arm is poised for upside as edge AI emerges, Morgan Stanley says
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Various photography Arm Holding Company shares (NASDAQ: ARM) Owns Jumped more than 130% Year-to-date, the AI spending boom continues. But as AI starts to reach the edge, the British chip designer is poised to reap big rewards, according to a Morgan Stanley report. Stanley said. Arm, which is partly owned…
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ECB Poised for Holiday May Prime Markets for September
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Breadcrumb Trail Links PMN Business European Central Bank officials may be about to prime investors for another interest-rate cut, though only after one of the Governing Council’s longest-ever summer breaks between decisions. Author of the article: Bloomberg News Craig Stirling and Marilen Martin Published Jul 13, 2024 • 7 minute…
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Nvidia is poised to surge another 16% as signs point to ‘exceedingly robust’ demand for its next-gen Blackwell chip, UBS says
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Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/PI Nvidia’s stunning stock rally could continue to $150 per share, UBS said. Recent supply chain checks show “very strong” demand for Nvidia’s next-generation chips, the bank said. Nvidia’s potential EPS of $5 in 2025 would give it a valuation…