Category Archives: Business
May 23, 2025
Why Banks Are Betting on XRP to Power the Future of Digital Finance
The financial sector is expanding its use of XRP beyond cross-border payments, with major institutions now exploring Ripple’s technology as the foundation for an entire digital banking ecosystem. Banks Eye XRP for Custody, Smart Contracts & Global Liquidity According to industry experts, financial institutions are actively assessing XRP’s blockchain infrastructure for: ✔ Digital Asset Custody […]
May 23, 2025
Tesco UK CEO Matthew Barnes Steps Down After One Year – Ashwin Prasad Takes Over
Tesco UK has announced the departure of Chief Executive Matthew Barnes after just one year in the role. Barnes, who joined in March 2024 from Aldi UK, will be replaced by Ashwin Prasad, Tesco’s Chief Product Officer. Why Did Tesco’s UK CEO Step Down? Barnes, previously Aldi UK and Ireland CEO, cited a desire to […]
May 22, 2025
Dogecoin (DOGE) Price Surge: Profits Jump 225% as Trading Volume Hits $2.71B
DOGE Rally Gains Momentum: Key Metrics Show Bullish Signals Dogecoin (DOGE) is making headlines again as its realized profits skyrocketed by 225% in 24 hours, reaching 36.1million∗∗,accordingto∗∗Whale.io∗∗data.Thememecoin’stradingvolumealsosurgedto∗∗36.1million∗∗,accordingto∗∗Whale.io∗∗data.Thememecoin’stradingvolumealsosurgedto∗∗2.71 billion, reflecting growing investor interest. Why Is Dogecoin Rising? Key Drivers Behind the Rally Massive Profit-Taking Activity Realized profits surged 225.58% in a single day. $595.9M in daily transactions signals strong market participation. Increased […]
May 22, 2025
Gold Price Forecast: XAU/USD Nears Critical Breakout at $3,375
Gold Gains Momentum – Key Resistance in Sight Gold (XAU/USD) extended its rally on Wednesday, climbing to 3,321∗∗andreclaimingthe∗∗20−DayMovingAverage(MA)∗∗.Thebullishmomentumsuggestsapotentialpushtowardthenextcriticalresistancezoneat∗∗3,321∗∗andreclaimingthe∗∗20−DayMovingAverage(MA)∗∗.Thebullishmomentumsuggestsapotentialpushtowardthenextcriticalresistancezoneat∗∗3,370–$3,375, where: The 78.6% Fibonacci retracement level converges Two key trendlines intersect A breakout above this zone could confirm a bullish reversal, signaling further upside potential. Bullish Reversal Pattern in Play Gold recently bounced off support from a declining channel’s lower boundary, reinforcing bullish sentiment. Historically, when […]
May 21, 2025
Ethereum Whales Accumulate 1.4M ETH as Price Nears $3,000 – Bullish Breakout Ahead?
Ethereum (ETH) is surging toward $3,000 as large investors, known as “whales,” aggressively accumulate over 1.4 million ETH in the past month. This massive buying spree aligns with a key technical breakout, signaling strong bullish momentum for the second-largest cryptocurrency. Key Takeaways: Whales added 1.4M ETH ($4.2B+) since mid-April, increasing holdings from 15.8M to 17.2M ETH. ETH […]
May 21, 2025
Gold Price Surges Toward $3,300 as US Credit Downgrade Sparks Safe-Haven Demand
**Gold prices (XAU/USD) extended gains for a second straight session on Tuesday, climbing over 1.5% to 3,289amidaweakerUSDollarandMoody’sUScreditratingdowngrade.∗∗Growingeconomicuncertaintyanddovishcentralbankpoliciesworldwidearefuelingbullishmomentum,withanalystseyeing3,289amidaweakerUSDollarandMoody’sUScreditratingdowngrade.∗∗Growingeconomicuncertaintyanddovishcentralbankpoliciesworldwidearefuelingbullishmomentum,withanalystseyeing3,300 as the next key resistance level. Key Drivers Behind Gold’s Rally 1. Moody’s US Credit Downgrade Shakes Markets Moody’s cut the US government’s credit rating from AAA to AA1, citing worsening fiscal health and political gridlock. The downgrade has weakened the […]
May 20, 2025
Bitcoin’s Bull Run: When Will the Bear Market Begin?
As Bitcoin (BTC) flirts with new all-time highs—potentially reaching $120,000—analysts warn that the bull market may soon enter its final phase, with a bear market likely starting in late 2025. Key Resistance Levels: Will Bitcoin Peak Soon? According to crypto analyst MasterAnanda, Bitcoin is facing its last major resistance zone before full price discovery: 120,000–120,000–130,000: A critical barrier that could cap the current rally. […]
May 20, 2025
Moody’s Downgrades US Credit Rating: Is Gold About to Skyrocket?
Historic US Debt Crisis Could Trigger a Gold Boom The US economy is facing an unprecedented debt crisis, and the fallout has officially begun. For the first time in history, Moody’s has downgraded America’s credit rating from AAA to AA1, signaling deep concerns over soaring debt, rising interest costs, and political instability in Washington. This […]