The crypto market experienced a significant downturn on December 20, 2024, with $1.2 billion of positions being liquidated. This mass-liquidation event affected several leading cryptocurrencies including Bitcoin, Dogecoin, XRP, and Solana, which all faced double-digit losses.nnLeading the pack, Bitcoin, the largest cryptocurrency by market cap, suffered a significant blow. Similarly, altcoins like Dogecoin, XRP, and…
As American business tycoon and former President Donald Trump steps into the world of cryptocurrencies, he foresees a future where Bitcoin is an integral part of a nation’s strategic reserve. In a surprising turn, Trump voiced his intentions to create a strategic reserve of Bitcoin, proving once again how influentially dynamic the world of cryptocurrency…
An interesting phenomenon has taken place recently as gold and silver have experienced a significant rebound due to strengthened demand from China. China, known for its prowess in various industries, continues to establish itself as a powerful influencer in the global precious metals market. The country’s increased demand has positively affected the value of both…
In light of unprecedented economic challenges and uncertainties, the recent survey shows an optimistic future for the silver market. It is estimated that nearly 50% of retail traders are positive that silver would be trading over $40 per ounce by the year 2025. This bullish view, shared by a sizable portion of traders, suggests that…
Despite starting off the day with an upward trajectory, silver prices were unable to sustain their early gains this Thursday. This phenomenon can be attributed to various factors at play in the global markets. The unexpected fluctuations in the price of the precious metal largely hinge upon macroeconomic factors as well as investor sentiment around…
Gold, the shimmering harbinger of prosperity, is experiencing a significant surge in prices. The 20-Day Moving Average, a vital marker for investors, is forecasted to soar to a promising $2,644, according to FX Empire. This potential rise has been anticipated due to a compilation of factors, including economic climate, world affairs, and market trends. With…
As per Reuters, the gold price fluctuations in Asia have been noted as a major factor curtailing demand in India. Regarded as one of the major markets for gold, India’s dampened demand contributes significantly to the global market trends. Gold, a quintessential part of Indian tradition, is often purchased for weddings and various other auspicious…
Cryptocurrencies Price Prediction: SUI, Bitcoin & Crypto – European Wrap 20 December In the ever-evolving market of cryptocurrencies, SUI and Bitcoin have taken the center stage. While SUI has remained consistent, Bitcoin has shown significant fluctuations. Analysts are predicting a bullish market for SUI, indicating a solid investment opportunity. Bitcoin, on the other hand, continues…
In an unprecedented move, Bitcoin, the world’s pioneering and leading cryptocurrency, has reached a new all-time high, exceeding the impressive mark of $107,000. In recent months, Bitcoin has shown incredible resilience and an upward trend that sets it apart in the financial market. This marks a significant event in the history of digital assets, demonstrating…
A major downfall clustering the cryptocurrency market has resulted in an abrupt liquidity loss scaling to $1.2 billion. Top crypto currencies including Bitcoin, Dogecoin, XRP, and Solana witnessed double-digit percentage losses, painting an adversarial picture for investors. Bitcoin, the dominance in the crypto market, remains grappled in a bearish tide, facing a steep decline. Concurrently,…
In an unprecedented move that has shocked the commodities market, gold and silver prices have experienced a significant downturn. This is in direct response to the U.S. Federal Reserve’s signal of only two rate cuts in 2025. This revelation by the US Fed, the central bank of the world’s largest economy, has caused ripples in…
Gold, Silver Rebound with China’s Demand Gold and Silver are experiencing a remarkable rebound led by strong demand emerging from China. China, being one of the largest consumers of precious metals, holds significant influence over the trends in gold and silver prices. Analysts were lately observing a steady decline in the prices of these precious…
The price of silver, a sought-after precious metal with versatile uses, gave up its early gains on the trading day of Thursday. The market underwent a brief uptick in the earlier hours before witnessing a sharp decline. This fluctuation exhibits the level of volatility prevalent in the precious metals market. Despite the day’s loss, the…
In an unexpected turn of events, the gold market has seen a sudden surge after the announcement of soft US inflation data. Despite the rise, gold is still bracing for a loss this week. According to Reuters.com, gold prices climbed up, buoyed by a weaker dollar as sluggish US inflation data raised doubts about a…
According recent financial data trends and market factors, gold prices are targeted to reach a 20-day moving average at 2,644. This bullish view on gold is backed by a variety of global uncertainties that have increased its value as a ‘safe haven’ investment. The market flux, coupled with increased demand and limited supply, are primary…
In an unforeseen turn, gold prices have seen a dip as the Federal Reserve has trimmed rates by 25 basis points. The decision, which was made on 18th December 2024, came as a surprise to many in the financial sector, causing ripple effects in commodity markets across the globe. Despite the rate cut, the Federal…
10 Crypto Predictions For 2025 – Nations, Corporations, Regulationsnn2025, which seemed a distant future a few years ago, is nearly upon us and the world of cryptocurrency is evolving rapidly. Here we bring you 10 predictions about the development of the crypto world by 2025.nn1. Blockchain adoption by nations: By 2025, it is expected that…
In the ever-evolving landscape of cryptocurrencies, recent research, reports, AI news, token unlocks, live prices, and fundraising data by Messari provide insightful perspective. The dedicated team at Messari strives to increase transparency within the crypto community, offering thoroughly investigated reports that untangle the complex interplay of market forces within crypto economies. Particularly worth noting is…
Bitcoin, the world’s most well-known cryptocurrency, has taken a significant hit and tumbled below the $100,000 mark, according to Markets Insider. This comes amidst a hawkish rate outlook that’s weighing heavily on the volatile digital currency market. Economists and market observers attribute this drop to the anticipations of sharp interest rate increases by various central…
As the year 2024 draws to a close, the silver market has demonstrated resilience and potential for growth despite the various economic challenges faced. With a steady incline in demand coupled with limited supply, the price of silver saw moderate fluctuation, ultimately yielding a favorable return on investment for those in possession of this precious…
Silver, the industrious and decorative sibling of gold, observed significant gains as markets opened today, December 19th as reported by FXStreet. This bump in price reflects the strength of the global economy, feeding the industrial demand for silver in both manufacturing and other commercial usage. The current price appreciation also reflects investors’ hedging against potential…
In an unexpected turn of events, the silver market traversed a volatile path on Thursday. Starting off on a positive note, silver prices exhibited early gains, strengthening speculations around its future performance. However, as the day unfolded, the prices took a dip, with silver relinquishing its early gains. Innovative profit-taking strategies and the inherent dynamics…
Gold, a precious metal often considered a safe harbor during uncertain economic times, saw its gains erase following a recent release of US data. Indications are that this significant shift is tied to the Federal Reserve’s strengthening hawkish stance. The Federal Reserve has notably shifted towards a more assertive policy, a change that is making…
In recent trading sessions, the Gold market has experienced a sharp correction; shaking the confidence of many bullish investors. This downward trend, termed a âbearish correctionâ, appears to be deepening, incurring significant losses for those heavily invested in the precious metal. Despite this, experts maintain their long-term bullish outlook, citing economic uncertainty and the intrinsic…
In an unexpected turn of events, the value of Gold ascended as US yields climbed, casting an eye on US Core PCE (Personal Consumption Expenditures). It’s an undeniable fact that Gold’s performance is intrinsically tied to the US core PCE, a key index reflecting consumer spending, and by extension, inflation trends. However, the current dynamic…
As we navigate the ever-evolving crypto landscape, a startling projection was made by a Chief Investment Officer (CIO) of an established crypto fund. The CIO suggests that the value of Bitcoin could hit a staggering figure of $500,000 if the US government makes a decisive foray into the digital token realm. This prediction, while far-reaching,…
As we wrap up the trading events of December 18, it’s clear that the cryptocurrency market has had a volatile day. Bitcoin and Shiba Inu have experienced substantial fluctuations, painting a somewhat unpredictable picture for future price predictions. Investors continue to meticulously observe the market trends, as the uncertainty underlining these digital assets heighten. All…
In a new milestone for Bitcoin and the wider world of cryptocurrency, Bitcoin has surged past the $107K mark for the first time. This breakthrough demonstrates the growing investor confidence in the digital currency space despite its inherent volatility. While skeptics continue to raise concerns about the regulatory and security issues surrounding Bitcoin and other…
In the constantly changing world of commodities, silver prices took a dive on December 18. Market participants watched as silver, known for its stability, fell in a manner uncommon for the precious metal. It’s a stark reminder of how unpredictable commodity markets can be. Speculation on the cause of this dip ranges across several factors,…
The precious silver commodity has currently found itself at a pivotal point in the global trading markets. Any chance of maintaining the long-term bullish trend hinges on its ability to hold the significant support level at $30 per ounce. The stability of the silver market is tested, with many investors and market pundits forecast future…