After holding firm in the European session, the U.S. dollar fell on Wednesday, weighed down by data showing a slowdown in service sector growth in the month of November. The Institute for Supply Managements report showed that the services PMI dropped to 52.1 in November from 56.0 in October. Economists had expected the index to...
South Korea will on Thursday release Q3 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to rise 0.5 percent on quarter and 1.5 percent on year after added 0.1 percent on quarter and 1.5 percent on year in the previous three months. Australia will provide October figures...
The Canadian market hit a new high, but failed to hold early gains and settled just marginally up on Wednesday as losses in energy and consumer discretionary stocks outweighed gains in technology and industrials sectors. The mood remained cautious with investors digesting earnings updates from major banks and economic data, and looking ahead to U.S....
The South Korea stock market turned lower again on Wednesday, one day after snapping the two-day slide in which it had stumbled more than 50 points or 2 percent. The KOSPI now sits just above the 2,460-point plateau although it has a positive lead for Thursdays trade. The global forecast for the Asian markets is...
Aptos’s price dropped to $8.35, 45% below its November peak, but its ecosystem shows strong growth, with rising transactions and active addresses.Technical indicators signal a possible rebound if Aptos breaks above $10.53, with a target of $15.40. Aptos (APT) prices reached new lows, settling at $8.35 on Sunday, marking a return to November 2022 levels....
More than $70 million WLD is set for unlocking with a potential impact on price.WLD continues to battle crucial price levels amid volatility spikes but with positive long-term forecasts. The Worldcoin project developed by OpenAI’s Sam Altman is preparing to unlock a substantial amount of its native token, WLD. This scheduled release raises concerns about...
Elon Musk’s leadership of the Department of Government Efficiency (D.O.G.E.) and its Dogecoin emblem fueled excitement but stirred market volatility, impacting DOGE prices.Analysts predict Dogecoin could surge to $14.78 by 2025, but inflationary tokenomics and resistance at $0.3614 remain key challenges. With Elon Musk’s appointment to lead the Department of Government Efficiency (D.O.G.E.), the tech...
Satoshi Nakamoto praised Ripple’s unique trust distribution model, differentiating it from centralized systems and complementing Bitcoin’s vision.Ripple’s validator-based consensus mechanism and focus on cross-border payments solidify its role as a transformative force in decentralized finance. In a 2009 email exchange between Bitcoin’s creator, Satoshi Nakamoto, and early Bitcoin developer Martti ‘Sirius’ Malmi, Nakamoto acknowledged Ripple’s...
Roger Ver, known as “Bitcoin Jesus” for his early cryptocurrency advocacy, has appealed to former President Donald Trump to intervene and stop his extradition to the United States.Roger Ver renounced his U.S. citizenship in 2014 to become a citizen of Saint Kitts and Nevis and now faces significant challenges in seeking support from U.S. authorities....
MicroStrategy’s continued Bitcoin purchases, now exceeding 461,000 BTC, highlight its confidence in BTC as a long-term store of value.Bitcoin’s stabilization at $104K amid market debates and policy shifts underscores its resilience despite growing uncertainty in the digital asset ecosystem. Another Bitcoin acquisition has recently been signaled by Michael Saylor, co-founder of MicroStrategy. This continues his...