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FxWirePro- Ethereum Daily Outlook

May 01, 2024 12:38 pm UTC| Technicals Digital Currency

ETHUSD pared most of its gains on weak market sentiment.It hit a low of $2815at the time of writingand is currently trading around $3016.70. Ethereum whale 0x035has offloaded 1767 ETH which was transferred to the...

FxWirePro- BTCUSD Daily Outlook

May 01, 2024 12:24 pm UTC| Technicals Digital Currency

BTCUSDdeclined below $60000 ahead of US Fed monetary policy.It hita low of $56500at the time of writing andis currently trading around $57756. Hongkong BTC and ETH ETF showed a slower response total first-day...

FxWirePro- OPUSD(Chart of the day)

May 01, 2024 11:55 am UTC| Technicals Digital Currency

OP Mainnet is a low-cost and lightning-fast Ethereum L2 blockchain powered by Optimism. It is an EVM equivalent layer 2 blockchain designed to scale up Ethereum. OPUSD showed a minor pullback after a massive...

Digital Currency Revolution

US Court Sets May Hearing for Terraform Labs, Do Kwon Remedies

May 01, 2024 05:32 am UTC| Technology Digital Currency

On May 22, the U.S. District Court for the Southern District of New York is set to consider proposed financial remedies from Terraform Labs and its co-founder, Do Kwon, following a fraud verdict. The court will hear...

Digital Currency Revolution

Bitcoin Traders Unfazed by 20% Drop: 'Pretty Ordinary Stuff'

May 01, 2024 05:25 am UTC| Technology Digital Currency

As Bitcoin endures its fourth 20% correction in 12 months, dropping to $59,730, market veterans see it as nothing unusual. Leaders in the crypto industry, like Raoul Pal and Thomas Fahrer, reassure that such fluctuations...

Digital Currency Revolution

Hong Kong Bitcoin, Ether ETFs Surge with $200M Investment on Debut

May 01, 2024 02:55 am UTC| Technology Digital Currency Business

In an impressive debut, Hong Kongs new Bitcoin and Ether ETFs attracted over $200 million in investments on their first trading day, April 30. This significant influx underscores the regions growing influence in the...

Digital Currency Revolution

Blockstream CEO Adam Back Highlights Unique Aspects of Hong Kong's Bitcoin, Ethereum ETFs

Apr 30, 2024 17:05 pm UTC| Technology Digital Currency

Adam Back, CEO of Blockstream, recently detailed the unique characteristics of Hong Kongs newly launched Bitcoin and Ethereum ETFs on X, emphasizing their in-kind redemption model, which sets them apart from their U.S....

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Economy

Oil Prices Fall After Biggest Weekly Surge in 2024 Amid Middle East Tensions

Oil prices dipped in early trading on Monday, following their largest weekly surge in over a year, amid escalating tensions in the Middle East. Brent crude futures fell by 0.5% to $77.62 per barrel, while U.S. West Texas...

Rio Tinto Explores Potential $6 Billion Acquisition of Arcadium Lithium Amid Market Slump

Rio Tinto Considers Buying Arcadium Lithium Amid Price Drop Global mining giant Rio Tinto has confirmed discussions to acquire lithium producer Arcadium Lithium, aiming to enhance its presence in the lithium supply...

China Pauses Gold Buying Amidst Price Surge for Fifth Month

Chinas Gold Reserves Steady; Value Rises with Market Trends Chinas central bank refrained from purchasing additional gold for the fifth consecutive month in September due to rising gold prices, as per official data....

Oil Prices Dip Amid Middle East Tensions & Positive U.S. Data

Oil Prices Decline After Middle East Tensions Surge Oil prices fell in Asian trading on Monday, following a significant rally last week. Brent crude futures dropped 0.5% to $77.64 a barrel, and West Texas Intermediate...

Vietnam Targets 7.6%-8% Economic Growth in Q4 2024 Amid Strong Q3 Results

Vietnam Sets Ambitious Economic Growth Target for Q4 2024 Vietnam is striving for robust economic growth in the final quarter of 2024, intending to expand its GDP by 7.6%-8%, according to the countrys planning minister....

Politics

Are Donald Trump and Melania Trump Happily Married?

Rumors surrounding Donald Trump and Melania Trumps relationship have circulated for years, with many questioning whether their marriage is truly happy or merely a façade. Despite public appearances, sources close to...

Are Donald Trump's Parents Alive?

Donald Trumps rise to the presidency has been a widely discussed chapter in American political history, but what about the people who shaped him? Are Donald Trumps parents still alive? The answer may surprise those who...

Are Donald Trump and Melania Trump Getting a Divorce? Insider Reveals ‘Melania Is Ready to Walk Away'

Rumors about Donald Trump and Melania Trump heading for divorce have been circulating for years, but the chatter has only intensified in recent months. From speculations about Melanias absence at key events to reports of...

Are Donald Trump and Melania Trump Still Together?

Speculation about the status of Donald Trump and Melania Trumps marriage has been swirling for years. The former president and first lady, despite being thrust into the spotlight during Trumps presidency, have always...

Science

Europe Pushes Back Against SpaceX's Efforts to Expand Starlink Direct-to-Cell Operations

European mobile network operators are opposing SpaceXs initiative to expand Starlink Direct-to-Cell services, urging the U.S. Federal Communications Commission (FCC) to reject SpaceXs request to operate beyond standard...

SpaceX and T-Mobile Begin Testing Starlink Cellular Satellite Service Ahead of 2025 Launch

SpaceX and T-Mobile have reportedly initiated tests for their highly anticipated Starlink Cellular satellite service. Speculation emerged after users noticed satellite activity on their phones, fueling excitement ahead of...

SpaceX Pauses Falcon 9 Launches After Anomaly During Crew 9 Mission Investigation

SpaceX has suspended all Falcon 9 launches after an anomaly occurred with the rockets second stage during the Crew 9 mission for NASA. The second stage failed to land as planned, prompting an investigation and delaying...

Tesla’s $25K Compact Car Could Drive Bigger Stock Gains Than Robotaxi, Analyst Predicts

As anticipation builds for Teslas Robotaxi, some analysts believe the companys upcoming $25,000 compact car will have a more significant impact on its stock. Gary Black of The Future Fund argues that entering the...

Technology

Ethereum’s Bold Move: 50% Speed Boost, Block Delays Slashed, and Lower Fees in Sight!

Ethereums latest game-changing proposal, EIP-7781, promises to slash block delays by 33% while increasing network throughput by 50%. The upgrade is set to revolutionize Ethereums transaction speeds and reduce fees across...

Bitcoin ETFs on Brink of Toppling Satoshi Nakamoto’s Legendary $68 Billion BTC Fortress

With 4.68% of Bitcoins total supply now under their control, Bitcoin ETFs are set to topple Satoshi Nakamotos legendary $68.2 billion BTC holdings this month, marking a monumental moment for the crypto world. Bitcoin...

Shiba Inu (SHIB) Price on the Brink? Bollinger Bands Reveal Intriguing Twist

Shiba Inu (SHIB) might be gearing up for a significant price movement as it rises above the Bollinger Bands average. Despite a recent dip, bullish indicators suggest a potential upward trend if key levels hold. SHIB...

UAE Ends VAT on Crypto Transactions: Huge Win for Virtual Asset Companies

The UAE has scrapped value-added tax on crypto transfers and conversions, a landmark move retroactive to 2018. Virtual asset companies can now recover previously paid VAT and benefit from the countrys evolving...
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