Category: Remains
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Bitcoin Demand Remains Strong – Key Metrics Confirm Bullish Outlook
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Bitcoin is currently trading at $66,800 after a week of high volatility. The price settled above the crucial support level of $65,000, indicating resilience as the market takes a breather after several weeks of heightened excitement. This phase of consolidation below the key $70,000 level suggests that BTC may be…
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Gachagua discharged from hospital, says he remains Deputy President
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Ousted Vice President Rigate Gachagwa insisted he remains in office citing court orders, even as he claimed his ouster came after two failed assassination attempts. Mr Gachagwa blamed his plight on confronting President William Ruto over problems in government, including the controversial multibillion-shilling deals handed to the Indian conglomerate Adani…
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Gachagua discharged from hospital, says he remains Deputy President
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Ousted Vice President Rigate Gachagwa insisted he remains in office citing court orders, even as he claimed his ouster came after two failed assassination attempts. Mr Gachagwa blamed his plight on confronting President William Ruto over problems in government, including the controversial multibillion-shilling deals handed to the Indian conglomerate Adani…
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Chart Art: EUR/JPY’s Range Resistance Remains Intact!
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Euro speculators maintain their position against the yen ahead of the European Central Bank’s policy announcement! Do you think that the EUR/JPY pair will remain within its range pattern in the following trading sessions? Or is the pair ready to break through? EUR/JPY for 4 hours Chart by TradingView Within…
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Dollar remains supported ahead of Fed speakers; euro awaits ECB decision By Investing.com
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Investing.com – The US dollar rose on Monday, holding on to recent gains as traders digested more stimulus announcements from China ahead of comments from a number of Federal Reserve officials. At 04:00 EST (09:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,…
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September Inflation Cools but Remains Sticky
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It’s a mixed bag of consumer price data, with annual inflation continuing to slow in September, hitting a three-year low, although the report was slightly hotter than expected. The Consumer Price Index (CPI) — a broad measure of the cost of everyday items — rose 0.2% in September from the…
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US job openings rebound in August; hiring remains sluggish By Reuters
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Written by Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings unexpectedly increased in August after consecutive monthly declines, but hiring was weak and consistent with a labor market slowdown that keeps the Federal Reserve on track to cut interest rates again in November. . The Labor Department’s Job Opportunities and…
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AUD/USD hits its highest since February 2023, remains UBS’ ‘most preferred’
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UBS was not impressed by China’s stimulus announcement on Tuesday. In a summary of the note: The announcement marks a positive step towards a more supportive approach. But it does not match the scale of previous stimulus efforts that have led to sustained market rallies. Monetary easing by itself will…
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Bitcoin Remains Resilient Despite Satoshi-Era Miner Sales, Here’s Why
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Over the past week, several dormant mining wallets from the Satoshi era have been moving large amounts of Bitcoin (BTC). Generally, when miners sell their Bitcoin, especially in large quantities, it can lead to selling pressure that pushes the price down. However, despite the recent miner selling activity, Bitcoin is…
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Dogecoin Open interest Remains Muted Below $500 Million, What’s Going On?
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This article is also available in Spanish. As the market recovers, open interest in major assets has been rising, but Dogecoin doesn’t seem to be following the trend. The meme coin has been muted, failing to move as much as other large-cap coins like Bitcoin and Solana. Naturally, the direction…
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Exclusive-Commerzbank readies talks with UniCredit but remains defensive By Reuters
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By John O’Donnell and Tom Sims FRANKFURT (Reuters) – Commerzbank is set to put Chief Financial Officer Bettina Urlaub at the head of talks with UniCredit when the German lender’s supervisory board meets next week as the Italian rival eyes a takeover, two people familiar with the matter said. UniCredit…
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Ethereum Remains Top DEX Chain With 35% Dominance: Can Others Challenge This?
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Ethereum is struggling to break through key resistance levels, even after the recent Bitcoin-led cryptocurrency rally. While Ethereum’s price remains under pressure, there is encouraging news for investors. Recent data from IntoTheBlock highlights Ethereum’s continued dominance in decentralized exchange (DEX) volume, cementing its position as a major player in the…
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Tech stocks rally, healthcare remains steady amid mixed market signals
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Stock Heat Map from FinViz.com Friday, September 13, 2024 13:46:13 GMT ? Technology Sector: A Day of Gains The technology sector is seeing notable gains today, supported by positive investor sentiment. Oracle (ORCL) is leading the rally with a whopping 7.24%, indicating strong performance in software infrastructure. However, Adobe (ADBE)…
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Manchester United brand remains strong despite recent financial losses: Jefferies By Investing.com
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Investing.com – Despite recent financial challenges, Manchester United Liverpool Football Club (London:) (NYSE:)’s brand remains resilient and strong. According to analysts at Jefferies, the club’s global recognition and extensive fan base remain the key drivers of its strength, even amid declining financial performance and rising operating costs. Manchester United have…
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5 years later, Pi Network’s mainnet launch remains elusive
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Pi Network pioneers have expressed concerns about the slow progress towards the long-awaited mainnet launch and its potential impact on the token’s value. Pi Network just turned 5 Verified user who has been mining Pi tokens for over five years I took it to X To express their frustration over…
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The basis trade remains an accident waiting to happen
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There is more than one option for the Fed. Earlier this month, I wrote about what saved the stock market. It’s also what supports the real economy, and it’s what 99% of financial commentary is about, especially recently. What worries me is the other thing: the call for the Fed…
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Rent remains a pain point for small businesses even as overall inflation cools off
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Breadcrumbs Path Links BMW PMN Business Article author: Associated Press May Anderson Published on August 27, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content NEW YORK (AP) — While many costs have…
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M&A activity remains subdued in Q2 2024, keeping lid on investment bank fees (NYSE:MS)
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Frank Reporter Global mergers and acquisitions activity remained weak in the second quarter of 2024, S&P Global Market Intelligence said in a recent report. This comes as the Federal Reserve has kept interest rates high in its bid to reduce inflation, making financing deals more expensive. The number of announced…
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Bitcoin Remains on Top as Altcoin Season Fails to Materialize
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The cryptocurrency market has witnessed Big rise in the past week, Providing a much-needed boost for many short-term speculators to make profits. Bitcoin led the chargesurpassing the $64,790 level, although the momentum appeared to have waned by the time of writing. This mutation This was reflected in Altcoin markets have…
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Bitcoin Remains on Top as Altcoin Season Fails to Materialize
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The cryptocurrency market has witnessed Big rise in the past week, Providing a much-needed boost for many short-term speculators to make profits. Bitcoin led the chargesurpassing the $64,790 level, although the momentum appeared to have waned by the time of writing. This mutation This was reflected in Altcoin markets have…