The crypto markets have once again shown lackluster performance this week, with risk sentiment remaining vulnerable as investors wait for the release of the U.S. inflation report for July. In the midst of this uncertainty, Polkadot price has taken a hit, falling approximately 3% in the past 24 hours to $4.45. Despite this recent drop,
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Bybit, the second-largest cryptocurrency exchange in the world by trading volume, recently announced the implementation of a comprehensive listing and delisting framework. This framework is designed to enhance user protection, uphold market integrity, and promote the overall health of the blockchain ecosystem. This move comes as Bybit’s spot market share rises above 20%, solidifying its
In recent days, Bitcoin prices have experienced some fluctuations due to various factors in the market. While there was a slight rise in Bitcoin prices on Tuesday, following a weekend rout, the overall sentiment remained cautious as traders awaited key U.S. economic indicators. Data on capital flows revealed that bargain buying attracted traders to crypto
The village of Dolton, a suburb of Chicago, has been facing significant financial challenges since 2021, with a negative $3.65 million balance in its general fund as of May. Despite statutory requirements to submit audited financial reports, Dolton has failed to do so. The absence of a city treasurer and the vacancy of the finance
Citi Research, a prominent financial institution, has recently taken a more pessimistic stance on risk investments. They are advising investors to sell any EUR/USD rallies in the current market environment. This shift in sentiment comes at a time when the EUR/USD pair is trading slightly higher at $1.0926, after experiencing a small decline of 0.3%
Wall Street analysts at UBS have reiterated Nvidia as a buy, expressing confidence in the company’s performance heading into earnings later this month. Despite only making slight adjustments to their model, UBS maintains a price target of $150 for Nvidia shares. This reaffirmation highlights their belief in the company’s long-term potential and market position. Morgan
In the midst of continued new highs in major U.S. indexes, Morgan Stanley has been doubling down on its preference for defensive quality stocks. Chief U.S. equity strategist, Michael Wilson, emphasized the importance of growth over inflation and rates in the current market environment. With volatility on the rise, many investors are seeking guidance on
Veteran trader Peter Brandt recently took to Twitter to share his insights on an intriguing price pattern emerging in Bitcoin’s chart. According to Brandt, Bitcoin’s price action is displaying an inverted, or expanding, triangle pattern. He emphasized the importance of trading based on classical charting principles rather than opinions. Brandt’s disciplined approach to trading focuses
California Republican Rep. Mike Garcia recently introduced a bill, the No Frankenrail Act, to stop federal funding for the state’s high-speed rail project. The project, which has been ongoing for 15 years, has faced heavy criticism for its lack of tangible results despite billions of dollars being spent on it. The initial funding for the
General Motors recently unveiled the newly redesigned versions of its popular entry-level GMC Terrain crossover, showcasing a fresh standard “Elevation” model. The revamped compact crossover boasts a more rugged exterior design and a revamped interior featuring an impressive 26 inches of screens, including a 15-inch center touchscreen and an 11-inch driver information cluster. In addition