Gold is soaring to new highs as demand for precious metals intensifies. The yellow metal is testing critical resistance levels, moving ever closer to the psychological $2,500 mark. Despite the Relative Strength Index (RSI) nearing overbought territory, there remains ample room for further gains if favorable catalysts emerge. The market’s […]
Amazon (NASDAQ: AMZN) stock has faced its share of turbulence in 2024, particularly after a sharp dip in early August following its all-time high (ATH) of $200. However, recent weeks have seen the tech giant’s stock price regain momentum, bolstered by the ongoing artificial intelligence (AI) frenzy that continues to […]
Around 33,000 Boeing union members launched a strike on Friday, marking the first walkout in 16 years. The move comes after an overwhelming rejection of Boeing’s proposed four-year contract, which aimed to offer union workers a 25% pay increase. The strike is expected to halt commercial aircraft production, further complicating […]
Nirvana Labs has made a significant leap forward in the Web3 landscape by acquiring the multichain query and execution platform, Vektor. This strategic acquisition is set to transform how developers interact with blockchain data and execute onchain workflows, enhancing Nirvana Labs’ cloud computing services tailored for the blockchain and crypto […]
West Texas Intermediate (WTI) crude oil prices fell below the $70 mark at Monday’s closing bell, and the downward trend continued into Tuesday as prices hovered around $68. This recent dip places WTI perilously close to its 52-week low of $67.17, signaling a pronounced bearish shift in the market and […]
Sales of Tesla’s electric vehicles (EVs) in China surged 3% in August compared to the previous year. While the automaker continues to make strides in the Chinese market, Tesla’s share of the U.S. EV market dipped below 50% last quarter—a stark reminder of how the West lags behind China in […]
In a significant step for the financial sector, BBVA has announced that its institutional and private banking clients in Switzerland can now manage Circle’s stablecoin, USD Coin (USDC), alongside traditional investments. This move, revealed in a press release on September 9, introduces a new level of convenience and efficiency for […]
Zest Protocol, a rapidly growing decentralized finance (DeFi) platform backed by Binance Labs and venture capitalist Tim Draper, has taken a bold step in enhancing Bitcoin (BTC) utility with the launch of its new asset, BTCz. This innovative token allows users to stake their Bitcoin and earn rewards without relinquishing […]
Bitcoin’s (BTC) price decline has slowed considerably over the past few weeks, signaling potential bullish sentiment. As the flagship cryptocurrency attempts to defend its critical $57,000 support level, the market watches closely for signs of a breakout. With fears of further capitulation looming in September, the outcome of the next […]
COTI, renowned for its lightweight confidentiality layer on Ethereum, has just announced a strategic partnership with PriveX, a decentralized exchange (DEX) specializing in intent-based perpetuals trading. This collaboration aims to enhance privacy and security for traders by integrating COTI’s advanced privacy technology into PriveX’s trading platform, setting a new standard […]
