Category Archive: Cryptocurrency, No picture
Pennsylvania House moves to establish Bitcoin as a strategic reserve asset
Key Takeaways The Pennsylvania House introduced legislation to allocate up to 10% of state funds into Bitcoin. Similar Bitcoin legislation is being considered in 10 other states, influenced by the Satoshi Action Fund. Share this article Pennsylvania lawmakers have introduced the Pennsylvania Bitcoin Strategic Reserve Act, a bill that would allow the state treasury to […]
Unlocking ASX Trading Success: Ramsay Health Care Limited
ASX: RAMSAY HEALTH CARE LIMITED – RHC Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) RAMSAY HEALTH CARE LIMITED – RHC. We see RHC.ASX continue to push lower to complete the entire corrective wave. After that, we will be back in the impulse wave to move up with […]
Tether launches tokenization platform Hadron for real-world assets
Key Takeaways Tether launched Hadron to allow tokenization of physical and digital assets with compliance tools. The platform supports assets like equities, real estate, and stablecoins globally in beta. Share this article Tether, the leading stablecoin issuer, has introduced Hadron, a new platform enabling users to tokenize physical and digital assets across multiple categories, including […]
Bitcoin could reach $180,000 this cycle, says VanEck head of crypto research
Key Takeaways Bitcoin is predicted to reach $180,000 within the next year, representing a 1,000% return from the cycle’s bottom. Pro-crypto Trump administration appointments and growing institutional interest are factors supporting Bitcoin’s bullish trend. Share this article Matthew Sigel, VanEck’s head of digital assets research, forecasts that Bitcoin could soar to $180,000 this cycle, which […]
USD/CAD Conquers 1.4000 On Trump’s Clean Sweep
Image Source: Unsplash USD/CAD climbs above 1.4000 as Donald Trump would be able to implement policies smoothly. Trump’s policies would force the Fed to slow down its rate-cut cycle. The BoC is expected to cut interest rates again by 50 bps. The USD/CAD pair visits the psychological figure of 1.4000 in Thursday’s European session for the […]
Trump-backed World Liberty Financial taps Chainlink to drive mass DeFi adoption
Key Takeaways World Liberty Financial has chosen Chainlink for onchain data and cross-chain connectivity on Ethereum. WLFI aims to democratize financial access using US stablecoins and its governance managed by its WLFI token. Share this article World Liberty Financial (WLFI), a project backed by Donald Trump and his sons, has teamed up with Chainlink to […]
Gold Falls For The Fifth Consecutive Trading Session
Image Source: Unsplash On Thursday, the price of a troy ounce of Gold is lower, approaching 2,560.00 USD.The current value of Gold is at an eight-week low, influenced by the strong US dollar. The market analyses the latest inflation statistics released in the US and draws rather ambitious conclusions.The inflation statistics came out within expectations. The […]
Advance Auto Parts Reports Sales Decline In Third Quarter
Image Source: Unsplash Advance Auto Parts, Inc. (NYSE: AAP) reported its financial results for the third quarter of fiscal 2024, highlighting several key developments in its operational and financial performance. The company, a prominent player in the North American automotive aftermarket sector, saw its net sales from continuing operations reach $2.1 billion, a slight decrease from $2.2 […]
ZKsync approves proposal to distribute 325 million ZK tokens to boost liquidity across chains
Key Takeaways ZKsync’s Ignite program will distribute 325 million ZK tokens to establish a DeFi liquidity hub. The initiative aims to boost ZKsync Era’s declining metrics by enhancing DeFi liquidity. Share this article The ZKsync community has approved the ZKsync Ignite Program, which will distribute 325 million ZK tokens to establish a DeFi liquidity hub […]
Two Trades To Watch: EUR/USD, FTSE Forecast – Thursday, Nov. 14
Image Source: Unsplash EUR/USD falls to a 2024 low ahead of a busy calendar USD rises to a yearly high on the Trump trade EZ GDP and ECB minutes are due EUR/USD falls below 1.0550 to a 2024 low EUR/USD has tumbled below 1.0550, dropping to a 2024 low amid U.S. dollar strength as investors look […]
