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Mon, Jan 13, 2025 02:50 AM All times are UTC

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FxWirePro- BTCUSD Daily Outlook

Aug 23, 2024 11:13 am UTC| Technicals Digital Currency

BTCUSD holds above $60000 ahead of the Jackson Hole Symposium. It hit a high of $61336 andis currently trading ataround $61100. US jobless claims increased slightly and SP services PMI rose sharply showing that the...

FxWirePro- TAOUSD (Chart of the day)

Aug 23, 2024 09:07 am UTC| Technicals Digital Currency

TAOUSD surged sharply after a long consolidation. Any weekly close above $400confirms further bullishness. TAOUSD surged more than 30% in the past week. It holds above the short-term (21 and 55 EMA) and...

Digital Currency Revolution

Sony’s Soneium Ethereum L2 Launch Triggers Major Market Rally For These Cryptos

Aug 23, 2024 08:40 am UTC| Digital Currency Technology Business

Sony Group, in collaboration with Startale, has unveiled Soneium, a public Ethereum Layer 2 blockchain based on Optimism, with the goal of empowering the Web3 community. Sony Group and Startale Unveil Soneium Ethereum...

Digital Currency Revolution

Tron Slashes 4,000 Bitcoin from USDD Reserves, Justin Sun Addresses the Strategy Behind It

Aug 23, 2024 08:16 am UTC| Digital Currency Technology Business

The Tron DAO Reserve has slashed its USDD stablecoin Bitcoin reserves by 42%, transferring 4,000 BTC to HTX. Justin Sun has elaborated on the rationale, linking it to foundational DeFi mechanisms. USDD Bitcoin Reserves...

Digital Currency Revolution

Can Bitcoin Overcome $62K Resistance to Prevent a Repeat of 'Black Monday’s' $50K Plunge?

Aug 23, 2024 07:28 am UTC| Digital Currency Technology Business

Bitcoins current resistance at $62,000 is a critical threshold to avoid another steep decline below $50,000, potentially mirroring last Augusts Black Monday. Bitcoin Must Reach $62K to Avoid Retesting $49K According...

Avanalance -Blockchain for Real-World Assets

Aug 23, 2024 04:33 am UTC| Research & Analysis Digital Currency

Avalanche is a high-performance, scalable, customization, and secure blockchain platform. Avalanche comprises three blockchain C-Chain- The C stands for contract, and this is the chain thats used for smart contracts...

FxWiePro- ETHUSD Daily Outlook

Aug 22, 2024 16:42 pm UTC| Technicals Digital Currency

Major resistance - $2800 (Support turned into resistance) ETHUSDtraded flat despite dovish FOMC minutes. It hit a low of $2536 and is currently trading at around $2613. BlackRocks iShares Ethereum Trust...

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Economy

Biden Administration Pauses Enforcement of Nippon Steel’s Bid for U.S. Steel

The Biden administration has decided to delay enforcing an executive order requiring Nippon Steel to withdraw its $14.9 billion bid for U.S. Steel. In a statement on Saturday, U.S. Steel revealed that the parties now have...

Commodities Set for Recovery in 2025 Amid Improved Economic Outlook

Commodities are poised for a rebound in 2025 as macroeconomic challenges that hindered growth in 2024 become supportive tailwinds, according to Wells Fargo analysts. Elevated interest rates and economic uncertainties...

UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty

UBS forecasts a mixed financial market outlook for 2025 as investors navigate potential policy shifts under a second Trump administration. The primary uncertainty lies in whether policies will lean toward populist MAGA...

Moldova Criticizes Russia Amid Transdniestria Energy Crisis

Energy-saving measures in Moldovas separatist Transdniestria region have reduced rolling blackouts caused by halted Russian gas supplies. Blackouts, initially eight hours, were cut to three hours, with officials optimistic...

Geopolitical Shocks That Could Reshape Financial Markets in 2025

Analysts at BCA Research predict that global financial markets in 2025 may face unexpected geopolitical events with far-reaching consequences. These black swan scenarios, though unlikely, could significantly influence...

Politics

Scott Bessent Prepares for Treasury Secretary Role, Plans Divestments

President-elect Donald J. Trumps nominee for Treasury Secretary, Scott Bessent, is preparing to divest from numerous funds and investments to avoid potential conflicts of interest, according to The New York Times. In a...

Biden Awards Presidential Medal of Freedom to Pope Francis

President Joe Biden awarded Pope Francis the Presidential Medal of Freedom with Distinction, the highest U.S. civilian honor, in a phone call Saturday. This marked the first time Biden, 82, presented the medal with...

Trump Envoy Meets Netanyahu to Advance Gaza Ceasefire Efforts

U.S. President-elect Donald Trumps Middle East envoy, Steve Witkoff, met with Israeli Prime Minister Benjamin Netanyahu on Saturday, focusing on efforts to secure a ceasefire in Gaza, Netanyahus office reported. Following...

Venezuela Condemns Sanctions Amid Maduro's Controversial Third Term

Venezuela criticized new sanctions imposed by the U.S., Britain, and the European Union after President Nicolas Maduro began a third term despite a six-month election dispute. General Domingo Hernandez Larez, head of...

Jack Smith Resigns as Trump Prepares Return to White House

U.S. Special Counsel Jack Smith, who led federal cases against Donald Trump, has resigned following the Republican president-elects win. Smiths resignation, effective Jan. 10, was revealed in a court filing seeking to lift...

Science

Bill Gates’ Shocking New Malaria Solution Unveiled as Genetically Modified Mosquitoes Turn Into Flying Vaccinators

In a groundbreaking and controversial move, researchers funded by the Bill and Melinda Gates Foundation at Leiden University Medical Center have developed a revolutionary approach to combat malaria. The team has created...

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update

In a significant advancement for cancer care, the U.S. Food and Drug Administration (FDA) has approved an injectable version of Bristol Myers Squibbs blockbuster cancer drug Opdivo. Branded as Opdivo Qvantig, the new...

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Technology

Energy Sector Outlook 2025: AI's Role and Market Dynamics

Raymond James analysts provided a cautious outlook for the energy sector in 2025, highlighting mixed market signals and emerging trends. Despite two years of underperformance, midstream stocks showed resilience in 2024,...

Autonomous Vehicles: The Next Technological Revolution

Autonomous vehicles (AVs) are poised to revolutionize transportation, much like the transition from horses to cars, according to Siddharth Mehta, Senior Director at AI computing firm Tenstorrent and former Waymo product...

Zuckerberg Meets Trump Amid Meta's Strategic Shift

Meta CEO Mark Zuckerberg reportedly met with U.S. President-elect Donald Trump at Mar-a-Lago on Friday, according to Semafor. Both Meta and Trumps transition team declined to comment on the meeting when approached by...

EU Approves Synopsys' $35B Acquisition of Ansys, Imposing Key Conditions

The European Commission has approved Synopsys (NASDAQ:SNPS) $35 billion cash-and-stock acquisition of Ansys (NASDAQ:ANSS), announced in January 2023, subject to specific conditions. Synopsys, a leader in chip design...

TSMC Begins 4nm Chip Production in Arizona, Bolstering U.S. Semiconductor Efforts

Taiwan Semiconductor Manufacturing Co. (TSMC) has started producing advanced 4-nanometer chips in Arizona, marking a milestone in the Biden administrations semiconductor strategy. U.S. Commerce Secretary Gina Raimondo...