Why bitcoin won’t plunge below $50,000
Bitcoin ‘s dual nature as an asset and a tec
The post Why bitcoin won’t plunge below $50,000 appeared first on ForexTV.
Bitcoin ‘s dual nature as an asset and a tec
The post Why bitcoin won’t plunge below $50,000 appeared first on ForexTV.
Gold prices fall during a quiet North American session with US markets closed for Labor Day. Upcoming US economic reports — ISM PMIs, JOLTS job openings, ADP Employment Change, and Nonfarm Payrolls — set to influence Fed rate decision. Fed Chair Powell at Jackson Hole noted that inflation was easing but increasing employment risks, raising…
The VanEck Semiconductor ETF (SMH) trades within the forecasted extreme zone of 309.83 to 353.03, showing signs of technical overheating. Analysts expect an average 12-month price target of 343.93, with bullish projections reaching up to 451.50. Strong demand for semiconductors—driven by AI, electric vehicles, and cloud infrastructure—continues to push momentum. All major moving averages, from…
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Spot gold turned lower from its $2,600 record highs following the Fed’s interest rate cut event! Are we looking at an opportunity to jump in XAU/USD’s long-term uptrend? Let’s take a closer look at the 4-hour time frame: Gold (XAU/USD) 4-hour Forex Chart by TradingView In case you missed it, the Fed had a “Brat…
CapBridge, a digital investment platform, revealed Thursday that it has been selected as an authorised distribution partner for UBS’s first tokenized investment, the UBS USD Money Market Investment Fund Token (uMINT). The company said in its press release that the collaboration marks a step towards bridging the gap between traditional finance and digital assets. Built…
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