Bitcoin’s Short Term Momentum Flips Bearish; Support Under $65K
The 50-day simple moving average marks major support at $64,870. Source link
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The main events by the morning: May 30
The main events by the morning: May 30 Source link
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USA and Europe: market trends during the holidays
At the close of the trading day on Monday, the US stock market showed positive dynamics, spurred by strong growth in the technology sector, utilities and commodities segment. The Dow Jones Industrial Average rose slightly, adding 0.01%. Meanwhile, the broader S&P 500 rose 0.70%, while the tech-heavy NASDAQ Composite posted a 1.10% gain, according to…
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Notcoin (NOT) near top 100 by market cap amid price surge
Notcoin (NOT) price jumped 20% on Tuesday as the new token continued to rise. Currently with a market cap of $942 million, Notcoin looks primed for a break into the top 100 coins. Bitcoin, Ethereum and Solana have all slipped 3% in the past 24 hours. This in turn sees most of the crypto market…
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India and Indonesia attract investors more than China
Analysts note the gradually growing contrast between India and Indonesia on the one hand and China on the other. The first two developing countries have a clear advantage over China due to the rapid population growth, especially among young people. Experts note that stable population growth in these countries is becoming an increasingly important factor…
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In the thick of things: inflation in the West and financial news from the East
Experts are looking forward to the release of the US personal consumption price (PCE) index this Friday, which is a key indicator for the Federal Reserve System (Fed). The data is expected to provide insight into future interest rate movements for the remainder of the year. Markets have already adjusted to the possibility of a…
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Ethereum Meme Coins PEPE, MOG Hit Lifetime Highs on Ether ETF Filing Approvals
Ether surged more than bitcoin over the weekend on renewed optimism for the second-largest cryptocurrency. Source link
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FPIs take out Rs 22,000 crore from equities in May amid poll jitters, Chinese mkt outperformance
Foreign investors have pulled out a massive Rs 22,000 crore from Indian equities so far this month, due to uncertainty surrounding the outcome of the Lok Sabha elections and outperformance of Chinese markets. This came following a net outflow of over Rs 8,700 crore in the entire April on concerns over a tweak in India’s…
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Nifty volatility surges ahead of election results: What investors need to know
It was a truncated week for the markets. Over the past four trading sessions, the Indian equities continued to edge higher and ended on a fresh lifetime high. The volatility too remained at elevated levels. As mentioned in the previous technical note, the markets are building up ahead of the General Election results on June…
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The yen may have already executed a long-term reversal. Overview of USD/JPY
Business activity in Japan is growing at its fastest pace in almost a year, indicating that economic growth may recover in the second quarter after a decline in the first three months of the year. However, inflationary pressure continues to ease, raising doubts about the Bank of Japan’s ability to continue raising rates without plunging…
