Analysis of macroeconomic reports: Relatively few macroeconomic events scheduled for Wednesday. One might pay attention to the IFO Business Climate Index in Germany. But today, market participants will focus on the US report on durable goods orders. The US dollar lost quite a bit of ground yesterday, so it is possible that bears will try…
In yesterday’s court filing opposing the US Securities and Exchange Commission’s (SEC) motion for remedies and final judgment, Ripple disclosed significant changes to its On-Demand Liquidity (ODL) operations in the United States. The filing clarified that its US-based ODL services have shifted from using XRP to Tether (USDT) as a bridge currency. Why Ripple Chose…
With the 2024 bull run underway, finding affordable cryptocurrencies that offer significant growth potential is a quest for many investors. Cryptos priced under one cent have become particularly attractive, promising substantial returns for minimal investment. This selection focuses on such opportunities, highlighting tokens that not only fit the budget but also show promising prospects. The…
XRP price is recovering higher above the $0.500 resistance. The price is signaling a positive bias and might rally above the $0.580 and $0.600 levels. XRP is attempting a recovery wave above the $0.50 zone. The price is now trading above $0.5150 and the 100 simple moving average (4 hours). There was a break above…
LOS ANGELES, April 23, 2024 /PRNewswire/ — The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Anavex Life Sciences Corp. ("Anavex" or "the Company") (NASDAQ: AVXL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities…
Hedera Hashgraph enhances energy efficiency by supporting over 10 million transactions with the energy typically used for a single Bitcoin transaction. Archax, utilizing Hedera’s platform, collaborates with BlackRock to revolutionize institutional crypto through tokenized money market funds (MMFs). Hedera Hashgraph excels in the blockchain space by handling over 10 million transactions with the energy of…
GBP/USD Yesterday, the British currency surged by 98 pips, overcoming two target resistances at once. However, the pound rose on average trading volumes, which means that you may still consider strategic selling. It is possible to expect a correction to the Fibonacci level of 38.2%, which is close to the lows of February 6th and…
Zircuit, an EVM-compatible ZK Rollup, has reached a milestone as its staking Total Value Locked (TVL) has surpassed $2 billion. This comes after users deposited more than $80 million into the project in the last 24 hours. Although still in the testnet phase, the mainnet launch is anticipated later this summer. Zircuit Staking Deposits Surpass…
George Town, Grand Cayman, April 23rd, 2024, Chainwire Zircuit, a ZK rollup with parallelized circuits and AI-enabled security, today announced that its staking program has soared past $2B in TVL in only 2 months. As Zircuit forges ahead towards mainnet, the ZK rollup’s staking program is rapidly gaining momentum, attracting over $2B TVL in a…
Ethereum price is holding gains above the $3,120 resistance zone. ETH could soon rally if it clears the $3,280 resistance zone. Ethereum extended its increase above the $3,220 resistance zone. The price is trading above $3,165 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,170 on…