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Solana devs and validators patch critical vulnerability, preventing a network-wide outage

Solana devs and validators patch critical vulnerability, preventing a network-wide outage

Key Takeaways Solana’s quick response to a critical flaw prevented potential network issues. The security patch was applied before public disclosure to ensure network integrity. Solana developers, validators, and client teams have successfully patched a critical security vulnerability on the network, securing the blockchain before disclosing the information to the public.Solana validator Laine stated on […]
XRP Price Prediction As POODL Presale Nears Conclusion With Direct DEX Listing

XRP Price Prediction As POODL Presale Nears Conclusion With Direct DEX Listing

As the cryptocurrency market continues to navigate through volatile waters, two cryptocurrencies, XRP and Poodlana (POODL), are capturing investor attention.Ripple’s XRP, a long-standing player in the crypto space, is experiencing fluctuations in its price, while Poodlana, a new meme coin, is making waves with its unique blend of fashion and poodle-themed charm.As Poodlana’s presale nears its […]
SP500 Weekly Wrap & Daily Trade Plan – Friday, August 9

SP500 Weekly Wrap & Daily Trade Plan – Friday, August 9

In this update we review the weekly price action in the emini SP500 futures contract and identify a trade plan for the session aheadVideo Length: 00:10:46More By This Author:FTSE Bid As Markets Continue To Rebound From Monday’s Rout SP500 Daily Trade Plan – Thursday, August 8Daily Market Outlook – Thursday, Aug. 8
XAUUSD Commodity Elliott Wave Technical Analysis – Friday, August 9

XAUUSD Commodity Elliott Wave Technical Analysis – Friday, August 9

Gold Elliott Wave AnalysisGold has continued its upward trajectory after breaking out of a two-month consolidation and is now ready to challenge new all-time highs. The bullish sentiment is strong across all time frames, presenting opportunities for traders to buy on dips, expecting a sustained rally. Daily Chart AnalysisOn the daily chart, Gold completed the supercycle […]
Analytical Overview Of The Main Currency Pairs – Friday, August 9

Analytical Overview Of The Main Currency Pairs – Friday, August 9

The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.0918 Prev Close: 1.0919 % chg. over the last day: +0.01 % On Thursday, the dollar rose slightly after the weekly jobless claims in the US fell more than expected, leading to a rise in bond yields. The US weekly initial jobless claims fell by 17,000 to 233,000, indicating […]
AUD/JPY Price Forecast: Struggles To Continue Winning Streak

AUD/JPY Price Forecast: Struggles To Continue Winning Streak

The AUD/JPY pair exhibits indecisiveness among market participants near 97.00 in Friday’s European session. The cross struggles to extend its winning spree for the fourth trading session on Friday. However, the near-term trend is bullish as the strong appeal of the Japanese Yen (JPY) as a safe haven amid market mayhem has diminished.Lower-than-expected United States (US) Initial Jobless […]
Bovespa Index Elliott Wave Technical Analysis 1

Bovespa Index Elliott Wave Technical Analysis 1

Bovespa Index Elliott Wave Analysis – Trading Lounge Day Chart Bovespa Index Elliott Wave Technical AnalysisFUNCTION: Trend MODE: Impulsive STRUCTURE: Orange wave 3 POSITION: Navy blue wave 3 DIRECTION NEXT HIGHER DEGREES: Orange wave 3 (initiated)DETAILS: The analysis suggests that orange wave 2 is likely complete, with orange wave 3 of 3 now in progress. The invalidation level is set at 118574.97.The […]
EUR/JPY Holds Above 160.50, German HICP Inflation Rises To 2.6% In July

EUR/JPY Holds Above 160.50, German HICP Inflation Rises To 2.6% In July

The EUR/JPY cross holds positive ground near 160.75 during the early European session on Friday. The recent German inflation report provides modest support to the Euro (EUR). However, safe-haven flows amid ongoing geopolitical tensions in the Middle East might lift the Japanese Yen (JPY) and cap the upside for the cross.  The German Harmonized Index […]
EUR/USD Stabilises Amid Fed Speculation And Absence Of Major Economic Data

EUR/USD Stabilises Amid Fed Speculation And Absence Of Major Economic Data

The EUR/USD pair has found some stability at around 1.0921 this Friday, following a week marked by high volatility. Market participants have been adjusting their positions in response to speculations concerning the US economy’s potential rapid recession and subsequent expectations about the Federal Reserve’s response.The broader market sentiment has increasingly leaned towards anticipating a significant […]
What is the Bitcoin power law?

What is the Bitcoin power law?

Key Takeaways The Bitcoin power law is criticized for overfitting data and lacking predictive reliability. Proponents argue the power law applies broadly across Bitcoin’s metrics, suggesting potential for future growth predictions. Crypto is a shifting and complex space. As it matures, analysts and enthusiasts are constantly seeking ways to understand and predict Bitcoin’s behavior.One intriguing […]