Category Archives: Business
February 14, 2025
Gold Prices Surge Amid US Tariff Uncertainty: Market Outlook & Key Levels
Gold Prices Rally as US Tariff Concerns Boost Safe-Haven Demand Gold prices surged during the North American session on Thursday, gaining momentum after the Producer Price Index (PPI) report came in slightly higher than expected. The precious metal is currently trading at $2,925, nearing its all-time high of $2,942 recorded on February 11, 2024. The […]
February 13, 2025
XRP Community Fires Back After Author Calls Ripple ‘Completely Retarded’
The XRP Army has strongly reacted to recent comments made by Eric Yakes, author of The 7th Property: Bitcoin and the Monetary Revolution, after he criticized Ripple and its XRP token in a social media post. Yakes’ Criticism of Ripple and XRP Eric Yakes took to X (formerly Twitter) to voice his opinions on Ripple, […]
February 13, 2025
Gold Price Forecast: Bullish Rebound Signals Strong Upside Potential
Gold Market Analysis & Key Levels to Watch Gold prices tested critical support at $2,864 before rebounding, forming a potential bullish hammer candlestick that signals strength toward key resistance levels at $2,909 and $2,943. Gold Holds Strong Support, Eyeing Upside Targets On Wednesday, gold successfully tested a key trendline before bouncing higher. After dipping below […]
February 12, 2025
Ethereum Exchange Outflows Surge to 23-Month High: What It Means for ETH Prices
Ethereum’s [ETH] exchange outflow has reached its highest level in nearly two years, signaling growing investor confidence and potential bullish momentum. Ethereum Exchange Outflows Hit 23-Month Peak According to on-chain data from Santiment, Ethereum saw significant withdrawals from exchanges between the 8th and 9th of February, with 224,410 ETH tokens moving off trading platforms. This […]
February 12, 2025
Gold Prices Stall After Record High Ahead of Key US Inflation Data
Gold’s historic rally took a brief pause on Wednesday as prices slightly retreated following an all-time high in the previous session. Investors are now closely watching upcoming U.S. inflation data and Federal Reserve policies that could influence market trends. Gold Prices Slip Amid Fed’s Cautious Approach Spot gold dipped by 0.1% to $2,895.38 per ounce […]
February 11, 2025
Ethereum Short Positions Hit Record High – Is a Short Squeeze Imminent?
Ethereum Price Stagnation Sparks Surge in Short Positions Ethereum (ETH) has been trading in a tight range between $2,600 and $2,700, with no clear breakout in sight. However, despite this price consolidation, the Ethereum derivatives market has seen a dramatic rise in short positions, signaling increased bearish sentiment. According to Kobeissi’s Letter, short positions on […]
February 11, 2025
Investment Demand Absorbing 95% of Newly Mined Gold
Surging Investment Demand in the Gold Market The global gold market is experiencing a significant shift as investment demand now accounts for 95% of newly mined gold. With increasing economic uncertainties, inflation concerns, and geopolitical tensions, investors are turning to gold as a safe-haven asset, driving demand to unprecedented levels. This trend is reshaping the […]
February 10, 2025
Expert Predicts Minimum XRP Price Based on Bitcoin’s Current Value
XRP Price Projection: Should XRP Be Worth $21.75 Today? Amonyx (@amonbuy), a well-known figure in the XRP community, recently ignited discussions by claiming that “the minimum price XRP should be right now is $21.75.” This assertion is based on XRP’s peak BTC-based valuation from May 17, 2017, when it reached 0.00022465 BTC per XRP. Given […]