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Why Is Crypto Market Down Today?

Why Is Crypto Market Down Today?

Bitcoin (BTC) dropped below $63,000, marking a 1.4% decline over the past 24 hours, as traders locked in profits following a recent rally. Despite increasing spot prices, implied volatility for BTC and ETH has shifted towards put options rather than calls until October. This surprising trend suggests the market may have already priced in the […]
Tonkeeper unveils new dApp browser on Telegram

Tonkeeper unveils new dApp browser on Telegram

Key Takeaways Tonkeeper’s dapp browser integrates directly into Telegram, facilitating easy access to the TON ecosystem. The browser supports over 10 launch partners, enhancing its utility across gaming and DeFi sectors. Share this article Tonkeeper, a digital wallet specifically designed for managing crypto assets on The Open Network (TON), has launched a built-in dApp browser […]
USD/CAD Price Forecast: Down Leg Unfolding Within Long-Term Range

USD/CAD Price Forecast: Down Leg Unfolding Within Long-Term Range

USD/CAD is declining within a large range.  The Loonie will probably fall to the range lows or an interim target.  The RSI is oversold indicating a risk of a reaction, although no signal has been given yet.  USD/CAD is currently declining within a long-term range which has a ceiling in the 1.39s and a floor in […]
Our AI-Focused Drug Discovery Stocks Portfolio Was Up Almost 7% Last Week

Our AI-Focused Drug Discovery Stocks Portfolio Was Up Almost 7% Last Week

Image Source: Unsplash An Introduction According to research from Grand View Research, the AI-powered drug discovery process is expected to grow by a compound annual growth rate of 30% between now and 2030 and, according to Morgan Stanley, should result in as many as 50 novel therapies being brought to market by then and generate annual […]
Dogecoin: Will History Repeat Itself? What This 3-Year Pattern Means

Dogecoin: Will History Repeat Itself? What This 3-Year Pattern Means

One of the favorite meme coins has again been in the headlines. Recent price action suggests that Dogecoin might probably be bottoming as it sets itself in for what could turn out to be a big bull run.This has market observers looking toward some specific technicals that have signaled price surges in recent weeks. These indicators, marked […]
Unlocking ASX Trading Success: Rea Group Ltd – Tuesday, Aug. 27

Unlocking ASX Trading Success: Rea Group Ltd – Tuesday, Aug. 27

ASX: REA GROUP LTD – REA Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with REA GROUP LTD – REA . We see REA.ASX possibly rising with wave ((iii))-navy.ASX: REA GROUP LTD – REA  Elliott Wave Technical Analysis  ASX: REA GROUP LTD – REA  1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minor degree, gray)  Mode: Motive  Structure: Impulse  Position: Wave (i)-orange of Wave ((iii))-navy  Details: Wave ((iii))-navy is unfolding to push higher. It is subdividing into wave (i)-orange, which will essentially continue to push higher. Any subsequent large decline would suggest that wave (ii)-orange is unfolding to push lower. Eventually, wave (iii)-orange will return to continue to push higher. A drop below 207.58 shows wave (ii)-orange is unfolding. I will look for Long Trade Setup when wave (ii)-orange is complete. Invalidation point: 187.27ASX: REA GROUP LTD – REA  Elliott Wave Technical Analysis TradingLounge (4-Hour Chart)ASX: REA GROUP LTD – REA  Elliott Wave Technical Analysis ASX: REA GROUP LTD – […]
US Recession Risk Is Still Low Via Q3 GDP Nowcasts

US Recession Risk Is Still Low Via Q3 GDP Nowcasts

If a recession in the US has started, or is imminent, the threat has yet to show up in the latest run of nowcasts for third-quarter GDP. That’s no guarantee that the economy will continue expanding, but it’s an encouraging sign.The median estimate, based on numbers compiled by CapitalSpectator.com, continue to indicate moderate growth, albeit […]
GBP/USD: Uptrend Continues With New Targets Ahead

GBP/USD: Uptrend Continues With New Targets Ahead

GBP/USD has extended its upward momentum, climbing from 1.2664 to a recent high of 1.3246. What’s Next? Continued Uptrend: As long as the pair remains within the rising price channel on the 4-hour chart, the uptrend is likely to continue. The next targets are around the 1.3350 area, with potential gains extending to the 1.3500 […]
Gold’s Price Prospects Amid Middle East Tensions And Fed Policies

Gold’s Price Prospects Amid Middle East Tensions And Fed Policies

Image Source: Pixabay  Gold prices have recently dipped to 2507 USD per troy ounce but are poised for a potential rebound due to increased demand for safe-haven assets amid escalating conflict in the Middle East. Additionally, anticipations of monetary policy easing by the US Federal Reserve in September further bolster gold’s outlook.  Monetary Policy and Market […]
Asian Stock: GFPT

Asian Stock: GFPT

Company: GFPT Public Company LimitedBloomberg ticker: GFPT TBMarket cap: US$410mBackground: GFPT Public Company Limited is a Thai producer of livestock and agriculture products. Its chicken production is fully vertically integrated from a feed mill, grandparent breeder farm, parent breeder farm, broiler farm, chicken processing plant, and further processing plant. Processed food, mainly chicken, accounts for about 50% of revenue, […]