Crypto Today: XRP, BNB advance as Blackrock records 16-day Ethereum buying spree
Cryptocurrencies showed mixed performance today, with XRP and BNB leading gains among major tokens. XRP rose on optimism over Ripple’s recent regulatory developments, while BNB rebounded after a period of volatility tied to Binance’s legal challenges. Broader market sentiment remains cautious as investors assess macroeconomic risks. Meanwhile, Ethereum has captured significant attention from institutional investors, […]
Solana Price Prediction: SOL market share dips $3B as Trump propels Ethereum rally
Solana has seen its market share shrink by $3 billion, struggling to maintain investor confidence as competing blockchain networks gain momentum. The recent decline comes as Ethereum experienced a significant rally, fueled by renewed attention on Trump’s NFT collection. The former U.S. president’s foray into digital collectibles has reignited interest in Ethereum’s ecosystem, with NFTs […]
EUR/USD: The outlook remains negative
The EUR/USD pair has faced renewed pressure as the US dollar continues to gain ground, driven by robust economic data and hawkish signals from the Federal Reserve. The euro struggled to hold key support levels, reflecting weaker sentiment around the eurozone’s economic recovery and ongoing concerns over subdued growth. Meanwhile, the dollar’s appeal has been […]
Watch these Broadcom price levels as stock soars on strong AI sales growth
Broadcom’s stock surged following a robust quarterly earnings report, driven by the company’s continued success in the artificial intelligence (AI) market. The semiconductor giant reported higher-than-expected revenue, with AI-related chip sales playing a critical role in surpassing analysts’ projections. This growth positions Broadcom as a key player in the expanding AI landscape, fueling investor optimism. […]
Australian pension fund reveals rare wager on bitcoin futures
In a move that signals growing institutional interest in cryptocurrency, an Australian pension fund has disclosed a rare investment in Bitcoin futures. This unexpected decision marks a significant departure from traditional strategies employed by superannuation funds, which typically prioritize stability over speculative assets. The fund, which manages billions in retirement savings, stated the allocation was […]
Dollar set for best week in a month on cut-then-wait Fed outlook
The U.S. dollar is poised to register its strongest weekly performance in a month, buoyed by a shift in investor expectations following the Federal Reserve’s latest policy outlook. The central bank’s decision to pause interest rate hikes has fueled optimism that the dollar will remain resilient in the short term. Investors now anticipate a prolonged […]
Oil set for weekly gain as sanctions outlook offsets glut woes
Oil prices are on track to finish the week with gains, buoyed by market expectations that sanctions could disrupt global supply chains, even as concerns about oversupply persist. Despite an ongoing glut in the oil market, sanctions imposed on key producers have provided a counterweight, helping to push prices higher. The prospect of tighter supply […]
Gold holds slump as traders weigh mixed US data, rate outlook
Gold prices remained under pressure as traders digested mixed U.S. economic data and speculated on the Federal Reserve’s next move. After a sharp decline earlier in the week, gold struggled to recover, with investors weighing the implications of the latest reports on the labor market and inflation. The metal, typically viewed as a hedge against […]
Philippines gold price today: Gold rises, according to FXStreet data
Gold prices in the Philippines have edged higher today, supported by fluctuating investor sentiment and a weaker US dollar. According to FXStreet data, the precious metal gained traction as traders adjusted their positions ahead of key economic events. Spot gold prices moved up to PHP 3,470 per gram, marking a moderate increase from the previous […]
Stock market today: Indexes slip after wholesale inflation comes in hotter than expected
Stock indexes closed lower today after wholesale inflation surged more than anticipated, reigniting concerns about the Federal Reserve’s monetary policy. The producer price index (PPI) rose by 0.4% in November, nearly double the expected 0.2% increase. This unexpected jump has investors reassessing the trajectory of interest rates as the Fed’s tightening cycle may continue for […]