Former Bitfury CEO Brian Brooks asserts that XRP is not attempting to substitute the U.S. dollar but to revolutionize the value transmission system. Brooks, a senior advisor at Valor Capital Group, expressed this view during a crypto conference hosted by The Aspen Institute. During the session, he clarified the broader purpose of crypto assets. XRP…
Forian Inc. (Ticker: FORA), a data analytics firm specializing in the healthcare sector, reported a flat revenue of $4.8 million for the second quarter of 2024, consistent with the previous year’s figures. The company experienced a net loss of $2.5 million and a modest adjusted EBITDA of $0.08 million. These results were affected by funding…
ACY Securities, a leading global multi-asset CFD broker, is excited to announce the launch of its proprietary trading platform, LogixTrader. This new trading platform, built from the ground up, marks a significant milestone in ACY Securities’ journey and represents a significant step towards the IPO plans of its holding company, ACYLogix. LogixTrader offers a seamless,…
If we define bullish candles as those where the closing price is higher than the opening price, we can observe a sequence of 9 such candles on Apple Inc.’s (AAPL) daily chart from August 2nd to 14th. On August 6th, we mentioned that market participants were bearish due to news that Warren Buffett had sold…
You may know the popular phrase UWU, but now a Solana meme coin called Unicorn […] The post Unicorn Crypto Launches And UWU Soars 1800% appeared first on . Source link
Gold prices rebounded after a post-CPI selloff, aided by a struggling US Dollar Index. A sustained move above $2500/oz for gold may require an additional catalyst, like geopolitical risks. The DXY faces challenges and is likely to remain subdued, with technical indicators suggesting a potential retracement. Will it Materialize? Most Read: Demand Concerns vs. Geopolitical…
Middle East: US Seeks to Deter Future Attacks Home Forex Middle East: US Seeks to Deter Future Attacks 50.28.41.31 Source link
A widely followed crypto analyst believes that Ethereum (ETH) may have reached a market bottom against Bitcoin (ETH/BTC). In a new video update, crypto strategist Benjamin Cowen tells his 807,000 YouTube subscribers that ETH/BTC may have reached the cycle low at 0.04 BTC. However, he warns that based on historical precedence, there’s a chance that…
“The key is not to set time targets, trade small, try not to risk more than 1%.” Mohamed A. is 60 years old from Sweden. Mohamed is one of The5er’s $100K High-Stakes funded traders. He withdrew $4,300 overall. His next mission is to reach 10% to scale his High-Stakes account to $125K. We spoke with…
Market Picture The cryptocurrency market retreated 2.9% over the past 24 hours to $2.08 trillion from levels near $2.15 trillion, which had been resistance for the past ten days. Despite moderate optimism in equities following the inflation data, cryptocurrencies failed to find sufficient demand. The negative performance of cryptocurrencies could herald another round of outflows…