Market News

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Source: Forexcom News Agency

1 week ago

Forex Medium Importance AI Analyzed

British Pound Short-term Outlook: GBP/USD Selloff Breaks June Uptrend

Sterling has slipped below its 200-day moving average as downside momentum carries GBP/USD toward another major technical sup.

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Source: Forexcom

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Source: Tokenpost News Agency

1 week ago

Cryptocurrency Medium Importance AI Analyzed

Bitcoin Breaks Long-Term Trendline as BTC Targets $90K

Bitcoin has strengthened its bullish outlook after closing above a crucial long-term technical indicator for the first time since March 2023, signaling a potential shift in the cryptocurrencys broader market cycle. Bitcoin surged to around $85,897, breaking through heavy sell-side resistance that had capped gains since mid-August.

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Source: Tokenpost

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Source: Barrons News Agency

1 week ago

General Medium Importance

A Rejuvenated AI Trade May Not Be Enough to Save the Stock Market

AI is back in the driver's seat as stocks enter the final stretch of the third quarter.

Source: Barrons

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Source: FXEmpire News Agency

1 week ago

Forex Medium Importance AI Analyzed

Why the Peace Tease Isn't Reaching Gold

Gold settled Monday at $4,383.90, down $41, and is lower again today.

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Source: FXEmpire

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Source: Benzinga News Agency

1 week ago

Cryptocurrency Medium Importance AI Analyzed

Bitcoin Cash, Uniswap Surges as CME Announces New Futures Contracts: What's Going On?

Bitcoin Cash (CRYPTO: BCH) exploded 21% Tuesday after CME Group (NASDAQ:CME) announced new futures contracts for BCH and Uniswap (CRYPTO: UNI). • CME Group shares are experiencing downward pressure.

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Source: Benzinga

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Source: Tokenpost News Agency

1 week ago

Cryptocurrency Medium Importance

Bitcoin Nears $87K as ETF Inflows Fuel $558M Crypto Short Squeeze

The cryptocurrency market approached the $3 trillion capitalization mark on Tuesday after a sharp Bitcoin rally triggered hundreds of millions of dollars in liquidations and attracted heavy institutional inflows. Bitcoin surged toward $87,400 during the move, forcing traders to close roughly $557.79 million in leveraged positions, according to CoinGlass data cited in the original report.

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Source: Tokenpost

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Source: Tokenpost News Agency

1 week ago

Cryptocurrency Medium Importance

XRP Breaks $1.50 as Bulls Target $1.56 Resistance

XRP has delivered a notable technical breakout after spending five weeks consolidating on the weekly chart, putting traders attention firmly on the next major resistance level. The cryptocurrency gained about 5.5% over the past week and briefly climbed to $1.57 before settling in the $1.51$1.54 range.

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XRPUSD XRP USD

Source: Tokenpost

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Source: Crypto Economy News Agency

1 week ago

Cryptocurrency Medium Importance

BlackRock, Binance, Bitwise, Lombard Converge on Bitcoin Yield Engine; LBTC Stands Apart

BlackRock, Binance, Bitwise and Lombard have independently adopted covered-call strategies to generate Bitcoin yield, using option premiums as the underlying income source. LBTC targets 2.5% net APY in BTC terms at full deployment, with Bitwise managing the strategy and returns remaining variable rather than guaranteed.

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Source: Crypto Economy

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Source: Tokenpost News Agency

1 week ago

Cryptocurrency Medium Importance

Bitcoin Holders Resist Selling as BTC Surges 47%

Bitcoin holders are showing little urgency to take profits despite BTCs dramatic 47% rally over the past 24 hours, according to on-chain data shared by cryptocurrency exchange Bitfinex. Bitcoins adjusted Spent Output Profit Ratio (aSOPR) is currently hovering near 1.01, suggesting investors are realizing only modest profits even after the sharp increase in the Bitcoin price.

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Source: Tokenpost

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