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BTC Report: Vancouver Embraces Bitcoin With New Motion Amid $2T Market Cap

BTC Report: Vancouver Embraces Bitcoin With New Motion Amid $2T Market Cap

Image Source: Pexels  Bitcoin’s (BITCOMP) market movements are making headlines as the cryptocurrency continues to display significant volatility.Recent data shows that Bitcoin’s price has hovered around $101,048.46, marking a slight decline of 0.14% from its previous close. Despite the minor drop, Bitcoin’s current market cap stands at an impressive $2 trillion, underscoring its robust market presence.Meanwhile, […]
Avalanche secures $250M in funding round led by Galaxy Digital, Dragonfly, and ParaFi Capital

Avalanche secures $250M in funding round led by Galaxy Digital, Dragonfly, and ParaFi Capital

Key Takeaways Avalanche Foundation raised $250 million in a token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. Avalanche plans to launch ‘Avalanche9000’, reducing deployment costs with a subscription-based fee model. Share this article Avalanche Foundation has closed a $250 million funding round led by Galaxy Digital, Dragonfly, and ParaFi Capital, Forbes reported Thursday. […]
Will The Fed Hit The Brakes? Inflation Concerns Shift 2025 Rate Cut Projections

Will The Fed Hit The Brakes? Inflation Concerns Shift 2025 Rate Cut Projections

 Image source: Pixabay   A rate cut is highly anticipated at the December meeting. Analysts are revising their predictions for rate cuts in 2025 due to sticky inflation. The Fed is expected to adopt a more cautious approach to future rate cuts. The Federal Reserve is widely expected to cut interest rates again next week, a […]
Silver : The December Battle

Silver : The December Battle

As soon as a chart appears, some people close like an oyster, without trying to grasp its meaning. However, once you understand the basics, such as the simple principle that B + A = BA, it becomes not only accessible, but also fun.To better illustrate, let’s take the example of a daily candle.A green candle […]
EURUSD Trades Near $1.04 Amid ECB Rate Cuts

EURUSD Trades Near $1.04 Amid ECB Rate Cuts

EURUSD trades near $1.04 after ECB rate cut ECB cuts rates by 25bps for the fourth time Growth forecasts lowered to 0.7% for 2023, 1.1% for 2024 Political instability in Germany and France weighs on euro The EURUSD pair is trading close to the $1.04 level after the European Central Bank’s widely expected decision to reduce interest rates by 25 basis points.This marks the fourth consecutive […]
ECB Cuts Rates By 25bp And Keeps Door Wide Open For More

ECB Cuts Rates By 25bp And Keeps Door Wide Open For More

Image Source: Pexels  The European Central Bank decides to play it safe and cut rates by 25bp. Dropping the reference to ‘restrictive’ monetary policy suggests there are more rate cuts to come.  The door is wide open for more cutsThe level of the ECB’s deposit rate now stands at 3%. And, clearly, less is more. No, this […]
EUR/JPY Dips Further Below 159.50 Post ECB’s Rate Cut

EUR/JPY Dips Further Below 159.50 Post ECB’s Rate Cut

ECB’s rate cut to 3% aims to anchor inflation closer to the 2% target amid ongoing economic challenges. Updated ECB forecasts suggest a gradual decline in inflation, with HICP expected to reach 1.9% by 2026. Market attention now turns to ECB President Christine Lagarde’s upcoming press conference for further cues. The Euro weakens against the […]
Producer Price Inflation Comes In ‘Red Hot’ In November

Producer Price Inflation Comes In ‘Red Hot’ In November

Following yesterday’s reported re-ignition in consumer price inflation (despite people seemingly being exuberant that it was ‘as expected’ – we don’t remember The Fed’s mandate being stable prices in line with consensus expectations?), this morning’s producer prices were expected to accelerate further also to +2.6% YoY from +2.4% YoY.But it didn’t…Headline PPI surged 0.4% MoM […]
Australia’s big super fund allocates $27 million to Bitcoin: report

Australia’s big super fund allocates $27 million to Bitcoin: report

Key Takeaways AMP allocated $27 million to Bitcoin, marking Australia’s first super fund investment in the digital asset. The Bitcoin investment aims to enhance returns and manage risk as part of AMP’s diversification strategy. Share this article AMP has become Australia’s first superannuation fund to invest in Bitcoin. The company confirmed Thursday it had allocated […]
Elliott Wave Technical Analysis – Analog Devices Inc.

Elliott Wave Technical Analysis – Analog Devices Inc.

ADI Elliott Wave Analysis Trading LoungeAnalog Devices Inc., (ADI) Daily ChartADI Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave {ii} of 1.DIRECTION: Upside into wave {iii}.DETAILS: Looking for a bottom in wave {ii} to then continue higher as we are currently trading within the range of Minor Group1 at 210-230$.Analog Devices Inc., (ADI) 1H ChartADI Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: […]