Category Archive: Finance, No picture
Gold-Backed ETFs Join The Rally
This seemingly never-ending gold rally just keeps on giving. What initially started as a reaction to COVID back in 2020 has now transformed into one of the most prolonged and meaningful bull runs in gold’s modern history. The questions remain: why does gold continue to achieve new all-time highs, and how long will this momentum […]
Aethir, GAIB, and GMI Cloud integrate H200 GPUs into decentralized computing platforms
Key Takeaways Aethir, GAIB, and GMI Cloud are collaborating to provide decentralized access to high-performance H200 Tensor Core GPUs. The move could make AI and machine learning more accessible to a wider range of developers and businesses. Share this article Decentralized cloud infrastructure Aethir announced today it has teamed up with GAIB and GMI Cloud […]
TRON returns to Nigeria for TRON Connect Africa Community Event
Share this article Geneva, Switzerland, October 29,2024 – TRON DAO brought together students and industry professionals for a day filled with discussions, networking, and educational sessions at the TRON Connect Community Event in Uyo, Nigeria. Held at the University of Uyo, the event brought together over 200 students from across Nigeria.Program HighlightsEducational Workshops: Throughout the […]
MetaMask’s parent company Consensys lays off 20% of its workforce amid SEC legal battles
Key Takeaways Consensys has reduced its workforce by 20% due to economic and regulatory pressures. CEO Joe Lubin criticizes the SEC for its handling of crypto regulations. Share this article Consensys, the company behind the popular crypto wallet MetaMask, is laying off over160 employees, representing a 20% reduction in staff, Fortune reported Tuesday.The decision comes […]
Pfizer Inc.’s Strong Q3 Performance: Beats Expectations With $1.06 EPS
Image Source: Unsplash Pfizer Inc. (NYSE: PFE) has reported a robust financial performance for the third quarter of 2024, showcasing significant growth across its product portfolio. The pharmaceutical giant’s revenues soared to $17.7 billion, marking a 32% operational growth compared to the same period last year. This impressive increase was primarily fueled by the strong demand for […]
Ethereum Bullish Signal: Whales Withdraw $750 Million In ETH From Exchanges
On-chain data shows exchanges have recently observed a large amount of Ethereum exit their wallets, a sign that could be bullish for ETH’s value. Ethereum Exchange Reserve Has Seen A Plunge RecentlyAs explained by analyst Ali Martinez in a new post on X, the ETH investors have made net outflows from exchanges recently. The on-chain indicator of relevance […]
Bring On Big Tech Earnings
Photo by Alexander Grey on Unsplash Equity futures are little changed as we move further into the September quarter earnings season. As we discussed in yesterday’s The Week Ahead video, not only does the volume of earnings reports swell this week, but the market will have to contend with quarterly results from five companies that account for 23% of […]
USD/JPY Is Testing 153.90 High Ahead Of US Labour Data
The Dollar has resumed its broader bullish trend during Tuesday’s European session and is testing resistance right below 154.00 with all eyes on the US JOLTS Job Openings data. The pair draws support from the image of a solid US economy, with all the other main economies slowing down. This endorses the idea that Fed easing will be only […]
BTCUSD Trading Update
Image Source: Unsplash In this update, we review the recent price action in BTCUSD and identify the next high probability trading opportunity and price objectives to targetVideo Length: 00:02:37More By This Author:Daily Market Outlook – Tuesday, Oct. 29FTSE Snaps Losing Streak But Sentiment Capped By Energy NamesDaily Market Outlook – Monday, Oct. 28
Bitcoin Rises Above $71,000 – All-Time High In Sight
Image Source: Unsplash Over the last four days the Bitcoin (BTC) price has increased by more than $4,500 to now be above $71,000. Can this current surge continue, and will Bitcoin have enough gas in the tank to take out $73,800 and set a new all-time high? Stars are aligning for BitcoinIt’s been said before, but […]
