The raging inflation and the Federal Reserve’s approach to fighting it have seemingly affected the crypto market negatively. The first sell-off trend started when the Feds announced an interest rate hike in July 2022. Even though the Terra Luna crash worsened the situation, the market was already on the brink of collapse. Many people panicked … Read more
FLOW, a blockchain-powered coin, is back in its element. FLOW price plunged by 4.00% Network releases MetaplierFlow gave rise to collaboration with CelerNetwork Coin performance may not attract short-term traders Even though the network may not currently be experiencing a strong bull run, it does appear to be focused on giving consumers who access its … Read more
Bitcoin price (BTC) is grappling to maintain the level above $23,500. BTC trying to crawl above $23,500 on August 18 Bulls’ aggression ebbing Immense selling pressure this week could invalidate the prevailing bearish price trend The king of crypto tries to keep the uptrend consistent which has peaked for over two months. Bulls Losing Their … Read more
UK short-term borrowing costs are on track to post the biggest rise this week in more than a decade as investors braced themselves for the Bank of England to take more aggressive action to cool inflation. Two-year UK government bond yields climbed 0.11 percentage points on Friday to 2.56 per cent, bringing the rise since … Read more
Bitcoin (BTC) briefly broke above $25,000 on Aug. 15, but the excitement lasted less than an hour and was followed by a 5% retrace in the next five hours. The resistance level proved to be tougher than expected but may have given bulls false hope for the upcoming $335 million weekly options expiry. Investors’ fleeting … Read more
A recent spike in short-term BTC holders could signal a “final flush” of sellers, meaning the capitulation events have played out, leaving the market ready for months of accumulation. The latest The Week On Chain report from market analysis firm Glassnode on Aug. 15 points out that short-term holders (STHs) have expanded their holdings by … Read more
The writer was founding chair of the UK’s National Infrastructure Commission (2015-2018) and a former transport secretary What do a huge reservoir at Abingdon, new nuclear power stations in Anglesey and Cumbria, the electrification of the Transpennine inter-city railway and England’s largest onshore wind farm, on Scout Moor in Lancashire, have in common? All four … Read more
Dr. Preston Cherry I’m holding $300,000 in cash that I plan to put into a new home. With the market as it is, I’m putting off that purchase for six to nine months. I’m 66 years old, single and plan to retire within the next 12 months. What should I do with the cash until … Read more
Sri Lanka’s ousted president Gotabaya Rajapaksa left Singapore for Thailand after his short-term visit pass expired on Thursday, according to a media report. Rajapaksa boarded a flight from Singapore to Bangkok, after Thailand confirmed a day before that it had received a request from the current Sri Lankan government for him to visit the country. … Read more
Foreign Minister Don Pramudwinai said the ousted president can stay in Thailand for 90 days as he is still a diplomatic passport holder, the report said. Source link