Author: admin
The S&P 500 (^GSPC) bull market started two years ago and shows little sign of slowing down.The S&P 500 index is up more than 60% over the past two years and hovers near all-time highs, driven by the rise of artificial intelligence hype and a surprisingly resilient U.S. economy.Wall Street strategists who spoke to Yahoo Finance believe bulls could continue to run wild. Barring any unexpected shocks, earnings growth is expected to continue accelerating, and the path to upside appears clear as the economy appears to be on solid footing as the Federal Reserve cuts interest rates.A bull market for…
Shiba Inu and Dogecoin are two major meme coins in the cryptocurrency space. Both tokens have experienced impressive price increases and have established reputations for independent pricing in their respective fields.However, 2024 proved to be a very benign year for both tokens. Mr. Dozier and Mr. SHIB have yet to see any “amazing” price increases that will bring in profits that investors look forward to accumulating and building. Will a new ATH appear on Shiba Inu and Dogecoin by the end of this month? Let’s find out.Also read: Solana: Here are the SOL highs for October 2024Shiba Inu price predictionSource…
The rapid rise of artificial intelligence (AI), Web3 technology, and blockchain is driving global transformation, impacting nearly every aspect of our lives, from the way we work to the way we interact with the world around us. is given. These technologies are no longer new trends. They have become an essential part of the new digital era, driving innovation in industries such as finance, education, and healthcare. AI-powered automation is optimizing business processes, Web3 is decentralizing the internet, and blockchain is revolutionizing the financial system. Together, these advances are laying the foundation for a future powered by smarter, more connected,…
10:05am ▪ 5 minutes read ▪ Written by Luc Jose A Between revolutionary announcements, technological advances, and regulatory disruption, the cryptocurrency ecosystem continues to prove that it is both a realm of boundless innovation and a battleground between regulation and economics. . Here’s an overview of last week’s most important news on Bitcoin, Ethereum, Binance, Solana, and Ripple. HBO reveals Satoshi’s true identity: Crypto community plunges into confusion HBO shocked the crypto community with its documentary “Money Electric: The Bitcoin Mystery” by claiming that Canadian developer Peter Todd may be the mysterious creator of Bitcoin. The film is based on…
Home > News > Finance > Stablecoins are susceptible to macroeconomic monetary policy: ECB A new European Central Bank (ECB) research paper examines the contrasting effects of digital currency market shocks and US monetary policy on stablecoins and traditional money market funds. has challenged commonly accepted notions about the role and reliability of stablecoins during this period. Unexpected market conditions. “Stablecoins, Money Market Funds and Monetary Policy”, written by a team of joint researchers from the ECB and the Bank for International Settlements (BIS), states that while “cryptocurrency shocks” have little impact on traditional finance, The policy was found to…
Betting companies Entain and Flutter fall over reports of possible tax hikes Betting companies Entain and Flutter fell sharply in Europe on Monday after media reports last week suggested the British government could raise taxes on online casinos and bookmakers.The Guardian newspaper on Friday reported that some of these taxes could be doubled and could be implemented as soon as the UK Budget is released later this month.Entain’s stock price last fell 14.3%, while Flutter’s European-listed stock fell 7.6% last time.— Sophie KiderinEuropean markets open flatEuropean stocks were mixed at market open on Monday, with regional markets lacking direction after…
The UAE Central Bank has given in-principle approval for the AED stablecoin. This move marks a major step in the adoption of cryptocurrencies in the country. This will change the UAE’s financial landscape and encourage the use of blockchain.Also read: Solana: Here are the SOL highs for October 2024Impact of UAE approval of AED stablecoin on cryptocurrency adoptionSource: Emirates Airline News AgencyUAE’s first regulated stablecoinAED Stablecoin LLC has received approval to create AE Coin. This is based on the “Payment Token Service Regulation” notification. AE Coin will be the first regulated stablecoin in the UAE.Connecting old and new financeAE Coin…
Rollblock’s viral ICO is once again showing bullish momentum as traders anticipate Q4 to be a big altcoin season. Rollblock has consistently made headlines throughout its pre-sale phase, but it’s suddenly seeing a huge influx of new investors looking to get their hands on the platform’s native RBLK before prices skyrocket. The platform’s RBLK utility token is the main reason more than 17,000 early investors have already poured money into Rollblock’s presale. RBLK not only powers Rollblock’s crypto-native casino, but also provides long-term utility and sustainability for token holders. Through Rollblock’s revenue sharing model, traders can receive consistent passive income…
As the long-awaited launch of RLUSD inches closer, stablecoin minting and on-chain transactions are accelerating. The launch of the RLUSD stablecoin has strengthened bullish sentiment towards the XRP ledger, with analysts speculating that the launch will propel XRP to new highs. Notably, Ripple CEO Brad Garlinghouse confirmed last month that RLUSD would make its market debut in the coming weeks. Although the specific date is still unknown, increased on-chain activity related to the RLUSD stablecoin suggests that a launch is imminent. Previous reports indicate that over 1.7 million RLUSD was minted on the XRPL and Ethereum networks as of September…
A top crypto strategist known for making well-timed Bitcoin calls has outlined the price level at which he believes BTC’s eight-month sell-off could end. Pseudonymous analyst Don Alto told his 589,100 followers on social media platform X that he believes Bitcoin will gain further bullish momentum if it clears a key resistance area. The trader also notes that it would be healthy for Bitcoin to retest immediate support before moving higher. “For >$65,000, I think we can finally escape the never-ending cuts.”$61,700 is a good first step towards breaking $65,000 I hope that when all this hardship is over, I…