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Messari reports TRON’s protocol revenue reached an all-time high in Q3 2024

Messari reports TRON’s protocol revenue reached an all-time high in Q3 2024

Share this article Geneva, Switzerland, October 22, 2024 – Messari, a leading provider of digital asset market intelligence products, released a research report highlighting TRON’s Q3 performance. The report details seven consecutive quarters of increasing on-chain activity, driving its protocol revenue to an all-time high, fueled by increased transaction volumes and a rapidly growing user […]
Verizon’s Third Quarter Revenue Falls Short As Device Upgrades Slow

Verizon’s Third Quarter Revenue Falls Short As Device Upgrades Slow

Image Source: Unsplash  Verizon Communications (NYSE: VZ) reported mixed third-quarter results Tuesday, with revenue missing analyst expectations due to declining wireless equipment sales, despite showing growth in its mobility customer base. The telecommunications giant’s stock fell nearly 4% in pre-market trading as investors digested the impact of a $1.7 billion severance charge that weighed on quarterly profits.  Verizon Fails to […]
US Dollar Supported While Markets Cool Down Fed’s Rate Cut Expectations

US Dollar Supported While Markets Cool Down Fed’s Rate Cut Expectations

 Image Source: Pexels   The US Dollar tightens range after a grind higher to a fresh 11-week high.  US equities retrace further from all-time highs as the Fed might not cut that much as first anticipated.  The US Dollar index trades in a tight range on Tuesday after failing to break above 104.00.  The US Dollar (USD) […]
Where To Look For Outperformance

Where To Look For Outperformance

S&P 500 remained in the recent tight range, and the opening rip was rejected – providing fine intraday gains for clients (both long and short). S&P 500 isn‘t breaking down, and isn‘t breaking out either – no move just yet, and the intraday area of 5,870 with 40 pts to the upside, captures most of the price […]
EUR/USD Undermined As Dollar Gains Further Ground Ahead Of US Election

EUR/USD Undermined As Dollar Gains Further Ground Ahead Of US Election

Image Source: Unsplash  The EUR/USD pair was a tad higher during the first half of the European session, but just like the previous day the small gains could prove to be short-lived as the US dollar continues to strengthen across the board. With today’s macroeconomic calendar being relatively quiet again, the focus will remain on the […]
Amazon Is Challenging The Work From Home Trend

Amazon Is Challenging The Work From Home Trend

Starting in January, Amazon workers will be expected to work in the office five days a week. While most other companies are adapting to work-from-home schedules and even offering them as a benefit, Amazon is bucking the trend. From a macroeconomic standpoint, the question that is most important is whether Amazon successfully gets its entire […]
AUD/USD Bounces Back From 0.6650 On Firm RBA Hawkish Bets

AUD/USD Bounces Back From 0.6650 On Firm RBA Hawkish Bets

The AUD/USD pair rebounds strongly from the key support of 0.6650 in Tuesday’s European session. The Aussie pair discovers strong buying interest on expectations that the Reserve Bank of Australia (RBA) will continue with a restrictive monetary policy stance for the remainder of the year.On Monday, RBA Deputy Governor Andrew Hauser cited the strong employment data as a […]
Labor Hoarding Keeps Wage Growth High In Hungary

Labor Hoarding Keeps Wage Growth High In Hungary

Image source: Pixabay  Hungary’s average wage growth slowed in August, primarily due to a deceleration in the public sector. However, the tight labor market and labor hoarding continue to sustain high wage dynamics.According to the latest data from the Hungarian Central Statistical Office (HCSO), the annual growth rate of average wages remained above 13% in August […]
Crude Oil Struggles To Hold $70.00 As Markets Become More Bearish

Crude Oil Struggles To Hold $70.00 As Markets Become More Bearish

Crude Oil struggles to hold ground and orbits around the $70.00 level on Tuesday. The pressure on Oil’s price comes from markets repricing the US Federal Reserve (Fed) interest rate cut projections in the near future. With decreasing odds of an aggressive rate cut path by the Fed, economic growth and energy demand might be killed, which […]
EUR/USD Analysis: Downward Forecast Remains Strongest

EUR/USD Analysis: Downward Forecast Remains Strongest

The Dollar and is Euro is trending downward against the US likely to incur further losses over the next five days. According to forex market trading, the EUR/USD exchange rate fell below the 200-day simple moving average last week, which equates to a significant technical deterioration. Our forecast model for this week sees the 200-day […]