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.
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 […]
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
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
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.
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.
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 […]
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.
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
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.
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
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.
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, […]
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
Trump and Xi had a long phone call about trade, energy, military issues, Taiwan, Ukraine, and Iran.
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
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.
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.
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
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 […]
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.
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.
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).
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,