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(Bloomberg) – Stock futures suggest Wall Street is slightly softer as traders wait for inflation data to show whether the Federal Reserve will choose a slower pace of rate cuts. did.Most Read Articles on BloombergContracts on the S&P 500 fell 0.2% after the index hit a record high on Wednesday. The yield on the 10-year U.S. Treasury rose above 4%, near its highest level since late July. The Bloomberg Dollar Index held firm after eight straight days of gains, the longest since April 2022.Inflation is expected to slow further in September’s U.S. consumer price data, supporting the view that the…
Automotive blockchain marketPro Market Reports launches a new research publication on “Automotive Blockchain Market Insights to 2032” with 232 pages, enriched with tables and charts in an easy-to-understand format. The study reveals the new and evolving trends, drivers, constraints, and opportunities generated by targeting market-related stakeholders. The growth of the automotive blockchain market was primarily driven by increased research and development spending across the globe.Some of the key players profiled in this study are:IBM Corporation (USA), Microsoft Corporation (USA), BigchainDB GmbH (Germany), carVertical (Estonia), Helbiz (USA), ShiftMobility (USA), RSK Labs (Argentina), Tech Mahindra (India), HCL Technologies (India) , XAIN (Germany).Get…
World Liberty Financial, also known as WLF, offered to launch on Aave’s Ethereum mainnet instance. This is being coined as a big move and will help Aave and WLF gain big in the market. The main focus is to provide stablecoin liquidity for wrapped BTC and Ethereum, along with expanding the user base of the AAVE protocol. Aave Governance speculates that Aave v3 will also provide liquidity for other digital assets. This proposal is currently under consideration and is subject to World Liberty Financial community approval and AaveDAO governance approval. Only with the green light from both sides will action…
During the recent price downturn, crypto trader sentiment has been the most negative towards Chainlink, Ethereum, Bitcoin, Solana, and XRP. Assets with historically the most bearish crowd narrative have the highest potential for recovery. Santiment’s on-chain data marks 20 cryptoassets with a high probability of recovery. Crypto intelligence tracker Santiment tracks narratives among traders and identifies which assets have the best chance of recovery. Typically, the assets that have the most negative sentiment among crypto traders have the best chance of recovery. Chainlink (LINK), Ethereum (ETH), Bitcoin (BTC), Solana (SOL), and XRP rank among the top five assets with the…
Financial markets suffered major turmoil on Thursday amid worrying inflation data, with cryptocurrencies bearing the brunt of investor jitters ahead of the release of the key Consumer Price Index (CPI). .The U.S. Bureau of Labor Statistics is scheduled to release the latest inflation numbers at 8:30 a.m. ET, a report that could have a major impact on Federal Reserve policy and market sentiment.Cryptocurrency markets saw a sharp decline, with Bitcoin (BTC), the leading digital asset, plummeting 2.5% to $60,700, effectively erasing all gains from the previous week. Ethereum, the second-largest cryptocurrency by market capitalization, also fell 2.3% to $2,375, marking…
Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. Fintech giant Ripple has entered crypto custody in a big way, announcing a new service aimed at helping…
In the cryptocurrency market, the prices of popular meme coins “Shiba Inu (SHIB)” and “Dogecoin (DOGE)” have fallen noticeably. Over the past 24 hours, SHIB has fallen by 3.72% and is currently worth $0.000016. Meanwhile, DOGE has fallen by 2.5% and is now worth $0.106. Additionally, there were significant changes in the trading volumes of both coins, with SHIB trading volume decreasing by 3.82% to $286.78 million, while DOGE trading volume jumped 16.41% to $637.79 million. In the next section, we will consider three main reasons contributing to the price decline of these meme coins. Increase in Shiba Inu whale…
U.S. stock futures fell on Thursday as investors awaited the latest reading on consumer inflation to help set expectations on the direction of interest rates.Dow Jones Industrial Average futures (YM=F) fell 0.1%, and S&P 500 futures (^GSPC) fell about 0.2%, both hitting new record highs. The contract for the Nasdaq 100 (NQ=F), which has a high proportion of high-tech stocks, also fell by 0.2%.Markets are bracing for a key test on Thursday’s September consumer price index report. The index is in more focus than usual as investors fret about the possibility of an economic “failure” after last week’s jobs report…
XRP price is testing major support levels. Analysts predict a potential 75% jump if demand remains strong. The crypto market is uncertain following recent Federal Reserve decisions. Traders are wary of XRP’s next move.Also read: US prosecutors indict first-ever cryptocurrency market manipulation charges!Ripple’s XRP to soar 75%: Main factors behind the price hikeTechnical analysis shows bullish signsAnalyst Ali shared his positive view on XRP based on the chart. Since June 2022, the price of XRP has formed an upward channel. This suggests that it is likely to rise. If this situation continues, XRP could reach $0.80 or even $1.10.Important price…
Early cryptocurrency investors often become millionaires later on. That’s why ambitious crypto investors invest their time in searching for the next crypto gem. In this article, we will focus on three coins with cryptogem potential: Solana, Tron, and Lunex Network. All of these cost less than the ETH price, but offer a greater ROI. But before we discuss these coins, let’s first talk about the elephant in the room. Ethereum is not one of the best cryptocurrencies to buy right now. The reason is as follows In fact, Ethereum didn’t rise much in value last year, despite the crypto market’s…