News

Cardano Price Forecast: Bearish outlook strengthens as correction deepens

Cardano (ADA) is extending its correction, trading below $0.29 at the time of writing on Thursday after posting two consecutive red candlesticks over the previous two days.

Source Fxstreet1770271366
U.S. lawmakers are attempting to pass a bill titled the Safeguarding Consumers from Advertising Misconduct Act

U.S. lawmakers are attempting to pass a bill titled the Safeguarding Consumers from Advertising Misconduct Act, which, as the name suggests, aims to protect social media users from scam advertising.  If the bill is passed, platforms that fail to remove fraudulent advertisements or properly verify advertisers will be sued by the FTC or SEC.  How […]

Source  Cryptopolitan1770270605
Wall Street Is Flashing a Warning Signal That's Only Appeared 4 Times in 60 Years

Key PointsAlthough the S&P 500 briefly topped 7,000, investors remain concerned about the monetization potential of artificial intelligence (AI) investments.The Buffett indicator i

Source  The Motley Fool1770270600
Disney Stock: Understanding Why Its Immense Asset Base Is Important To Long Term Investors

TradingKey - Recently many people have begun taking a keen interest in Disney stock (DIS) after a prolonged period where shares underperformed. While many investors remain leery regarding investing in

Source  Tradingkey1770270417
USD/INR ticks down on continued Indian Rupee’s outperformance

The Indian Rupee (INR) ticks up at open against the US Dollar (USD) on Thursday. The USD/INR pair trades subduedly around 90.50 as the Indian Rupee holds United States (US)-India trade truce-driven gains.

Source  Fxstreet1770269987
GBP/JPY moves away from 18-year peak, hangs above mid-213.00s as traders await BoE

The GBP/JPY cross extends the previous day's late pullback from the 215.00 psychological mark, or a fresh high since January 2008, and drifts lower during the Asian session on Thursday.

Source  Fxstreet1770269935
Bian Ximing made $3 billion from long gold bets on the Shanghai Futures Exchange.

Bian Ximing made nearly $3 billion trading gold. Then he flipped the script and made another $500 million when silver crashed. This was a cold, calculated betting in a market spinning out of control. Bian is known for staying out of sight. He spends most of his time in Gibraltar and doesn’t speak to the […]

Source  Cryptopolitan1770269329
USD/CHF gains ground above 0.7750 as Fed chair nomination supports US Dollar

The USD/CHF pair holds positive ground near 0.7780 during the early European session on Thursday, bolstered by renewed US Dollar (USD) demand. Analysts expect the Greenback’s recovery will be short-lived as traders remain concerned about the Federal Reserve’s (Fed) independence.

Source  Fxstreet1770268978
Should You Put $1,000 Into This High-Risk, High-Reward Stock Right Now?

Key PointsIonQ is a leader in quantum computing accuracy.The company has made smart acquisitions and is looking to control the entire quantum ecosystem.10 stocks we like better tha

Source  The Motley Fool1770268800
EUR/GBP trades higher around 0.8650 ahead of BoE-ECB policy decision

The EUR/GBP pair trades slightly higher to near 0.8652 during the late Asian trading session on Thursday. The pair edges up as the Pound Sterling (GBP) underperforms ahead of the monetary policy announcement by the Bank of England (BoE) at 12:00 GMT.

Source  Fxstreet1770268717
Solana (SOL) Breakdown Accelerates At $90, $80 Suddenly Looks Vulnerable

Solana failed to settle above $102 and extended losses. SOL price is now consolidating losses below $95 and might struggle to start a recovery wave. SOL price started a fresh decline below $100 and

Source  Newsbtc1770268716
Gold falls on firmer USD; shows resilience below $4,800 amid dovish Fed, geopolitics

Gold (XAU/USD) attracts heavy selling following the overnight failure ahead of the $5,100 mark and dives to sub-$4,800 levels during the Asian session on Thursday.

Source  Fxstreet1770267892
TSMC will build 3nm chips in Japan and increase investment to $17 billion.

TSMC is now planning to build 3-nanometer chips in Japan, raising the stakes in its international expansion just as Japan pushes to bring chipmaking back home. The second plant, to be built in Kumamoto, was originally meant to produce older 7nm chips by late 2027. But now, the company wants to go straight to 3nm, […]

Source  Cryptopolitan1770267715
Market Analysts See $730 as BNB’s Last Line Of Defense Amid Mounting Sell Pressure

Binance Coin (BNB) is facing a critical test as sustained selling pressure pushes the token toward a level many analysts now describe as its final short-term support. Since January 29, BNB has

Source  Newsbtc1770267633

Singapore Retail Sales (MoM): -5.4% (December) vs previous 0%

Source  Fxstreet1770267603

Singapore Retail Sales (YoY) down to 2.7% in December from previous 6.3%

Source  Fxstreet1770267602
Trump and Xi hold an extensive call on trade and Taiwan 

Trump and Xi had a long phone call about trade, energy, military issues, Taiwan, Ukraine, and Iran.

Source  Cryptopolitan1770267052
Nvidia CEO Jensen Huang Just Said AI Won't Replace Software. 3 Beaten-Down SaaS Stocks To Buy Now

Key PointsJensen Huang said that AI will use existing software platforms as tools.A number of large software stocks are down more than 25% from recent peaks.Thus far, earnings repo

Source  The Motley Fool1770267000
US Dollar Index rises to near 98.00 due to Fed hawkish signals

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, gains ground for the second successive session and is trading around 97.80 during the Asian hours on Thursday.

Source  Fxstreet1770266496
XRP Price Cracks $1.50 Support, Bears Eye Lower Targets Next

XRP price extended losses and traded below $1.50. The price is now consolidating losses but faces hurdles near $1.5320 and $1.550. XRP price started another decline and traded below the $1.5250 zone.

Source  Newsbtc1770266288
India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Thursday, according to data compiled by FXStreet.

Source  Fxstreet1770266107
Qualcomm’s forecast shakes confidence in mobile royalties

Arm’s stock got slammed on Wednesday night, dropping by 7.48% after hours, and by Thursday morning, the crash had widened to 10%, even though the company pulled in record revenue. The problem here is Wall Street wanted to see $519.9 million in licensing revenue, and Arm only brought in $505 million, so the trading floor […]

Source  Cryptopolitan1770265773
EUR/USD softens below 1.1800 ahead of ECB rate decision

The EUR/USD pair loses ground to around 1.1785 during the early European trading hours on Thursday. The Euro (EUR) softens against the US Dollar (USD) as Eurozone inflation declined well below target ahead of the European Central Bank (ECB) interest rate decision.

Source  Fxstreet1770265369
GBP/USD falls toward 1.3600 ahead of BoE policy decision

GBP/USD extends its losses for the second successive session, trading around 1.3620 during the Asian hours on Thursday. The pair weakens as the Pound Sterling (GBP) comes under pressure ahead of the Bank of England’s (BoE) interest rate decision later in the day.

Source  Fxstreet1770264867

Indonesia Gross Domestic Product (QoQ) came in at 0.86%, above forecasts (0.68%) in 4Q

Source  Fxstreet1770264649

Indonesia Gross Domestic Product (YoY) came in at 5.39%, above expectations (5.01%) in 4Q

Source  Fxstreet1770264645
Stellar Price Forecast: Correction deepens with bearish signals prevailing

Stellar (XLM) price is extending its correction, trading below $0.167 at the time of writing on Thursday after being rejected at a key level. The derivatives data shows signs of weakness, with XLM’s short bets rising amid falling Open Interest (OI).

Source  Fxstreet1770264236
How Long Will The Bitcoin Bear Market Last? CryptoQuant Research Chief Predicts

The Bitcoin drawdown below $75,000 has market participants debating a familiar question: how long does a bear market last when the data refuses to improve. CryptoQuant head of research Julio Moreno,

Source  Newsbtc1770264042
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