Share: The Reserve Bank of Australia (RBA) published the Minutes of its February monetary policy meeting on Tuesday, highlighting that the Board members decided the case for steady rates was the stronger one at this meeting. Additional … [Continue reading]
Bitcoin price coils up for a 10% breakdown amid Presidents’ Day market lull
Share: Bitcoin price has consolidated below the $52,768 roadblock for almost a week amid buyer momentum exhaustion. BTC could drop 10% to the most critical Fibonacci level, 61.8% at $47,445, a formidable blockade between January 8 -12. Invalidation … [Continue reading]
US Dollar trades sideways with US bond and futures markets closed for business
Share: The US Dollar trades flat on Monday with US traders enjoying the long weekend. Markets are digesting geopolitical headlines out of Gaza and the broader Middle East. The US Dollar Index tests 104 again and could slide below with the US … [Continue reading]
Eurozone: Inflation will be higher in the future than the 2.2% average between 2002 and 2007 – Natixis
Share: Inflation in the Eurozone will be higher in the future than between 2002 and 2007 – when averaged 2.2%, analysts at Natixis say. Medium-term inflation will determine the level of nominal and real interest rates Average inflation in the … [Continue reading]
XRP price sustains above $0.56 as whale profit taking slows
Share: XRP price climbed to $0.5627 on Monday, yielding over 6% weekly gains for holders. SEC v. Ripple lawsuit’s remedies-related discovery phase is drawing to an end on February 20. Ripple whales have consistently accumulated in the … [Continue reading]
Australian Dollar extends winning streak on higher ASX 200 index amid subdued US Dollar
Share: Australian Dollar gains ground on the weaker US Dollar on Monday. Australia’s ASX 200 index rises on higher mining stocks. US Dollar loses ground after dovish comments from the Former Fed official James Bullard. Upbeat US PPI data increased … [Continue reading]
Chainlink’s large wallet holders pull $216 million worth of LINK out of exchanges, fuel gains
Share: Chainlink has observed accumulation by large wallet investors and entities. LINK’s large wallet holders are pulling their holdings off exchanges, reducing the altcoin’s circulating supply. LINK price climbed nearly 5% in the past … [Continue reading]
Arbitrum captures lion share of derivatives transaction volume, ARB price likely to revisit 2024 peak
Share: Arbitrum accounts for nearly 36% of the transaction volume of multi-chain derivatives protocol. Arbitrum dominates the top 20 derivatives protocols, setting a historical weekly high between February 11 and 17. ARB price yielded nearly … [Continue reading]
Fetch.AI breaks into massive rally alongside AI tokens, FET price hits two-year high
Share: Fetch.AI’s token FET rallies to $0.8420, a two-year high for the AI token. OpenAI’s release of the text to video generator tool Sora kickstarted a rally in Artificial Intelligence tokens. Deutsche Telekom recently announced that … [Continue reading]
SEI ventures into decentralized AI with Nimble, SEI price poised for rally
Share: Nimble announced a partnership with SEI, bringing decentralized AI to the SEI developer ecosystem. SEI’s new Ethereum Virtual Machine compatibility, combined with Nimble, will complete an ecosystem to serve and train AI models. … [Continue reading]