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Precious metals saw notable runs over the previous week, with Silver and Gold hitting new 7-month and 3-month peaks. Gold met resistance near a crucial zone before pulling back, while Silver is trying to maintain support at the previous hurdle. This article analyzes chart formations and price action. Precious metals pulled back following last week’s … Read more
Breaking beneath the $3937 low of this week would welcome a drop to $3795 before another rally to $4340 – $4470 could emerge. Meantime, the November rally appears complete. The S&P 500 reacted to Powell’s Wednesday remarks with an upside break to hit $4100 yesterday before plunging following better-than-anticipated Jobs data. That came after SPX … Read more
Fed Chair Jerome Powel revealed a possible rate-hike pace slowdown. Powell’s speech saw stocks rallying as the dollar tanked. Fed to execute a 50 basis points rate increase in December. It was Fed Reserve’s Chair Jerome Powell to move the financial markets once again. The highly awaited Brookings Institution’s Wednesday speech saw Powell signaling that … Read more
Solana is experiencing difficulties as a result of this week’s FTX catastrophe. The system is once more exhibiting signs of instability, and the SOL value is also deteriorating. Over the last 24 hours, the Solana native coin SOL has lost about 24 percent of its worth. Not as terrible as FTT, which dropped by 75 … Read more
According to a survey conducted on Tuesday, the Bank of Japan (BOJ) is beginning to assess the impacts of its long-standing ultra-low monetary policy. Likewise, it plans to analyze the possible influence transitioning from the protocol may have on Japan’s economy. BOJ Investigates The Marks Of Relinquishing Its Monetary Policy Japan’s central bankers have recently … Read more
According to a tweet by Binance’s CEO, Changpeng Zhao, Binance will liquidate its FTT holding. This news followed an alleged leak of sensitive information from FTX. CZ said the process would take months to mitigate the market impact. Binance To Dissolve Its FTT Holding Changpeng Zhao tweeted on November 6 that a recent discovery will … Read more
Beeple, a top-class non-fungible token creator, seeks to integrate his creations with one of the world’s leading blockchains, Solana. Ultimately, he will present users with an enthralling experience with 3D NFTs. Beeple To Bring In 3D NFTs Stephen Hess, a founding partner and CEO of Metaplex Studios, announced Beeple’s innovation at the Solana breakpoint conference … Read more
Developers can build and initiate new projects on blockchain-based platforms. The service is a completely managed software in charge of hosting nodes for Web3 development across the globe. Google Cloud Blockchain Node Engine would be a Revolution in Web3 The organization revealed that “nodes on a blockchain consist of a peer-to-peer (P2P) network. Continually it … Read more
Gucci has opened a store in the Sandbox Metaverse, bringing games and Vintage fashion. Gucci is among the newest prominent brands that embraced Web 3.0 technology worldwide. What You Should Know About the Hub Gucci Vault Land will be open from October 27 to November 9, 2022. The well-known fashion company bought its initial metaverse … Read more
The Prime Minister said he has been communicating with Vietnam’s money laundering legal agency VnExpress reported. The country’s local newspaper revealed that Chinh made this new move in a discussion group. The Needs for Crypto Regulation Vietnam Prime Minister Pham Minh Chinh on October 24 expressed his concern over crypto regulation. The vast risks and … Read more
The digital asset trading platform, Lbank Exchange, plans to list a new token on its trading floor on October 25 to enable its users to access and trade gold-based crypto assets. LBank Exchange to Unveil VNX Gold (VNXAU) VNX Gold utilizes blockchain technology to tokenize physical Gold by combining Gold’s reliability and cryptocurrency’s flexibility. Users … Read more
According to a survey, Japan is prone to pitfalls due to Fed’s constant rate lifts. One can be noted in its currency delving drastically against the USD. However, the third leading global economy is unlikely to slide into a recession. Federal Reserve Rate Raise Affects Japan Japan continues toiling to get the Yen thriving versus … Read more