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FxwirePro- BTCUSD Daily Outlook

Aug 22, 2024 16:17 pm UTC| Technicals Digital Currency

BTCUSD showed a minor sell-off despite mixed US economic data. It hit a low of $60122 andis currently trading ataround $60160. The number of people who have filed for unemployment benefits last week rose by 4000 to...

FxWirePro-Major crypto levels and bias summary

Aug 22, 2024 12:21 pm UTC| Technicals Digital Currency

Major crypto levels and bias...

Digital Currency Revolution

Ethereum ETFs Hit Record Outflow Streak as Investor Interest Dwindles in a Drying Market

Aug 22, 2024 10:52 am UTC| Digital Currency Technology Business

Ethereum ETFs have hit a record outflow streak, signaling a significant decline in investor interest amid a drying investment landscape. Spot Ethereum ETFs Experience Record-Breaking Outflows The longest stretch of...

FxWirePro- AAVEUSD Daily Outlook

Aug 22, 2024 08:42 am UTC| Technicals Digital Currency

Aave is a decentralized non-custodial liquidity protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers can borrow in an...

FxWirePro- FTMUSD (Chart of the day)

Aug 22, 2024 07:01 am UTC| Technicals Digital Currency

Fantom is: Permissionless Decentralized Open source / Business Source License Consensus mechanism- The Fantom Lachesis consensus algorithm is asynchronous, leaderless, and Byzantine...

Digital Currency Revolution

Bitcoin Dominance Reaches 56% as Post-Halving Rally Pushes Market Leadership to 40-Month High

Aug 22, 2024 05:20 am UTC| Digital Currency Technology Business

Bitcoins market dominance has reached 56%, a 40-month high, as the cryptocurrency continues to lead a post-halving bull run. Institutional investments have played a key role in this surge, further solidifying Bitcoins...

Digital Currency Revolution

McDonald’s Instagram Hacked: Solana Meme Coin Grimace Promoted, Hackers Boast $700,000 Haul

Aug 21, 2024 22:32 pm UTC| Digital Currency Technology Business

McDonalds Instagram account was compromised by hackers who promoted Grimace, a Solana-based meme coin, causing widespread concern over crypto-related scams. Hackers Compromise McDonalds Instagram, Promote Solana Meme...

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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

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...
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