Category Archive: Finance, No picture
WTI Crude Rises Amid Gulf Supply Disruptions, But Demand Concerns Loom
Image Source: UnsplashWTI crude’s rise, fueled by supply disruptions from Hurricane Francine, highlights the immediate impact of the storm on US Gulf oil production, but the market’s longer-term outlook remains clouded by demand concerns. The hurricane temporarily shutting down over 42% of crude production in the region has provided some short-term support to prices, but the […]
RWA market surges to $12 billion, traditional firms lead the charge
Key Takeaways Tokenized treasuries grew from $769 million to $2.2 billion in 2024 due to high US interest rates. BlackRock’s BUIDL leads the tokenized Treasury category with over $500 million market cap. Share this article The real-world assets (RWA) market has reached an all-time high of $12 billion tokenized, according to a Binance Research report. […]
Time To Invest And Or Trade In Bio-Tech Stocks?
Biotechnology stocks and exchange-traded funds ETFs once played a significant role in growth equity rallies, but today it seems like those days are in the past.The Biotechnology Index over the last three years declined by 0.8%, while the S&P 500 surged by 31.1% and the S&P 500 Growth Index climbed 23.7%. During this period biotech […]
Former PayPal executive joins Tether as Head of Government Affairs
Key Takeaways Tether hires Jesse Spiro, an industry leader with over six years of blockchain government relations experience, as Head of Government Affairs. Spiro aims to drive collaboration between the public and private sectors to advance Tether and the digital asset ecosystem. Share this article Tether has appointed Jesse Spiro as its Head of Government […]
GOLD Daily Analysis, XAUUSD Analysis & XAUUSD Forecast – Friday, September 13
Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:02:58 More By This Author:Gold Reached 2525.80, Next Move Follows, XAUUSD Analysis […]
USD/JPY Recovers A Few Pips After Refreshing YTD Low, Remains Heavily Offered Below 141.00
The USD/JPY pair drops to a fresh year-to-date (YTD) trough during the first half of the European session on Friday, albeit manages to recover a few pips in the last hour. Spot prices currently trade around the 140.75 region, still down over 0.75% for the day, and seem vulnerable to slide further.The divergent Federal Reserve […]
Heightened Speculation That Fed May Cut 50 Bp Next Week Sends The Dollar Lower
The US dollar is falling against nearly all the world’s currencies today amid heightened speculation that a 50 bp cut is still on the table for next week’s FOMC meeting. In the derivatives market, the odds are the highest in several weeks. The ostensible trigger was apparently a news wire story by a reporter thought […]
Starknet community greenlights staking mechanism for STRK token
Key Takeaways Starknet’s governance vote passes STRK token staking for late 2024. Staking features include a 21-day withdrawal time-lock and a balance between rewards and inflation. Share this article Starknet token holders have ratified a proposal to implement staking on the Layer 2 network, marking a significant milestone in the platform’s development and governance.The proposal, […]
USD/CHF Falls To Near 0.8500 As Recent Data Increase Odds Of A Bumper Fed Rate Cut
USD/CHF extends its losses for the second successive day, trading around 0.8490 during the Asian hours on Friday. The decline of the USD/CHF pair could be attributed to the subdued US Dollar (USD) following Thursday’s economic data from the United States (US) reinforced the odds of a bumper rate cut by the Federal Reserve (Fed) […]
Marathon Digital adds over 5,000 Bitcoin in a month, holdings now worth $1.5 billion
Key Takeaways Marathon Digital added over 5,000 BTC to its holdings in the last month. MARA’s total Bitcoin assets are now valued at around $1.5 billion. Share this article Marathon Digital Holdings (MARA), a key player in the Bitcoin mining sector, has added over 5,000 Bitcoin (BTC) over the past month, bringing its total Bitcoin […]
