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FxWirePro- Ethereum Daily Outlook

Aug 12, 2024 12:56 pm UTC| Technicals Digital Currency

ETHUSD is trading higher after a major sell-off. It hit a high of $2526 yesterday and is currently trading at around $2496. ETH ETF (9 spot ETF) witnessed an outflow of $15.71 million on Aug 9thled by Grayscale of...

FxWirePro- BTCUSD Daily Outlook

Aug 12, 2024 10:27 am UTC| Technicals Digital Currency

BTCUSD pared some of the gains on profit-booking. It hit a low of $57681 yesterdayandis currently trading ataround $58327. According to Ash Crypto, BTC large holders have accumulated 84000 BTC in July. On Aug 9th,...

XRPUSD Daily Outlook

Aug 12, 2024 09:57 am UTC| Technicals Digital Currency

Rippleis consolidating in a narrow range between $0.4327 and $0.6580 for the past two weeks. The Securities Exchange Commission(SEC) has orderedRipple to pay $125 million in penalties for violating laws through...

INJUSD Daily Outlook

Aug 12, 2024 08:45 am UTC| Technicals Digital Currency

Ichimoku analysis (4-hourchart) Tenken-Sen- $18.14 Kijun-Sen- $18.49 Major resistance- $35 Horizontal trend line- $21 Downtrend channel resistance- $24 INJUSD shown a minor...

Digital Currency Revolution

Ethereum's Gas Fees Hit 5-Year Low as Layer-2 Networks Surge

Aug 12, 2024 08:23 am UTC| Digital Currency Technology

Ethereums gas prices have fallen to a 5-year low, with median fees dropping to 1.9 gwei, highlighting the growing influence of layer-2 solutions. Ethereum Median Gas Fees Hit 5-Year Low As interest in layer-2...

Digital Currency Revolution

Massive Crypto Fail: $90K Fee Paid for a $2K Ether Transfer in Unbelievable Blunder

Aug 12, 2024 07:56 am UTC| Digital Currency Technology

In an extraordinary blunder, a crypto user accidentally forked out $90,000 in gas fees for a $2,200 Ether transfer, highlighting the critical risks of cryptocurrency mishandling. Crypto User Pays $90K Fee The gas...

Digital Currency Revolution

Crypto Market Faces Intense Selloff: Why Bitcoin, ETH, XRP Could See Major Liquidations

Aug 12, 2024 07:48 am UTC| Digital Currency Technology

The ongoing selloff in the crypto market, driven by economic uncertainty and technical weakness, threatens significant liquidations for Bitcoin, Ethereum, and XRP. Crypto Market Loses $100 Billion The slow escalation...

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Economy

Weekly Market Outlook: Inflation, Earnings, and Global Economic Data in Focus

This weeks markets face critical inflation data amid robust job growth and lingering policy uncertainties. Investors are also closely watching the start of earnings season and rising oil prices, signaling potential supply...

Goldman Sachs Revises Fed Rate Cut Projections Amid Economic Concerns

Goldman Sachs now forecasts the Federal Reserve will cut interest rates twice in 2025, compared to its earlier estimate of three cuts, citing persistent inflation and a robust labor market. The anticipated cuts are...

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...

Politics

EU Ministers to Discuss Lifting Sanctions on Syria Amid Power Shift

European foreign ministers will meet on January 27 in Brussels to discuss easing sanctions on Syria, according to EU foreign policy chief Kaja Kallas. This comes after Syrias President Bashar al-Assad was ousted by...

Israeli Delegation in Qatar for Hostage, Ceasefire Talks

An Israeli security delegation, including Mossad Chief David Barnea, Shin Bet Head Ronen Bar, and military hostage envoy Nitzan Alon, arrived in Qatar on Sunday to discuss a potential Gaza hostage and ceasefire agreement....

Protests Erupt in Romania Over Canceled Presidential Election

Tens of thousands of Romanians marched in Bucharest on Sunday, demanding the reinstatement of the presidential election and the resignation of outgoing President Klaus Iohannis. The outcry follows a controversial court...

Biden, Netanyahu Push for Gaza Hostage Deal Amid Ceasefire Efforts

U.S. President Joe Biden spoke with Israeli Prime Minister Benjamin Netanyahu on Sunday, emphasizing the urgency of reaching a Gaza ceasefire and securing the release of hostages before his term ends on January 20. Biden...

Biden Vows Action to Free Americans Detained by Taliban

President Joe Biden assured families of three Americans detained in Afghanistan since 2022 that his administration remains committed to securing their release. The White House confirmed ongoing negotiations with the...

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

Jeff Bezos Optimistic About Space Agenda Amid SpaceX Rivalry

Jeff Bezos, founder of Blue Origin, expressed optimism about the U.S. space agenda under President-elect Donald Trump, dismissing concerns that SpaceX CEO Elon Musk might leverage his ties with Trump for personal gain....

Chinese Gaming Giants Tencent and NetEase Make Global Strides

December 2024 marks a pivotal moment for Chinese video game developers, as Tencent Holdings (OTC:TCEHY) and NetEase Inc (NASDAQ:NTES) achieve global success with their latest titles, Path of Exile 2 and Marvel Rivals,...

Apple Opposes Shareholder Proposal to End DEI Programs

Apple (NASDAQ:AAPL) urged investors to reject a proposal to eliminate its Diversity, Equity, and Inclusion (DEI) initiatives, as disclosed in a recent proxy filing. The proposal, submitted by the National Center for Public...

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...