Category Archives: Finance
February 23, 2025
Bybit CEO Discusses Potential Ethereum Blockchain Rollback After Lazarus Hack
Following the recent Lazarus Group hack, which resulted in the theft of significant Ethereum holdings, a heated debate has emerged about the possibility of rolling back the Ethereum blockchain to invalidate the stolen funds. Bybit CEO Explores All Avenues to Recover Stolen Funds Bybit CEO Ben Zhou stated that the exchange is exploring all available […]
February 23, 2025
Gold Eases from Record High on Profit-Taking, Eyes Eighth Weekly Gain
Gold prices dipped slightly on Friday as investors locked in profits following the previous session’s all-time high. Despite this pullback, the precious metal remains on track for its eighth consecutive weekly gain, fueled by robust safe-haven demand amid ongoing concerns over U.S. tariff policies. Gold Prices Dip but Maintain Strong Weekly Performance As of 02:24 […]
February 22, 2025
Gold Bullish Breakout Stalls, Bearish Risks on the Rise
Gold’s bullish momentum has hit resistance, raising concerns about a potential reversal. Traders are closely watching key levels, with a decisive move above $2,955 or below $2,917 expected to determine the next market trend. Gold Price Action and Market Trends Despite the weak follow-through from Wednesday’s bull pennant breakout, gold prices remained near trend highs […]
February 21, 2025
Utah’s Bitcoin Reserve Bill Advances to Second Senate Reading
Utah’s legislation to officially designate Bitcoin as a state reserve asset has made significant progress. The Bitcoin reserve bill, known as HB230 “Blockchain and Digital Innovation Amendments,” was passed by the Senate Revenue and Taxation Committee and is now one step closer to being signed into law. Bitcoin Reserve Bill Clears Key Hurdles On February […]
February 21, 2025
Here’s What to Watch in Gold Right Now: Gold Set for Breakout as $3,000 Approaches
Gold has recently paused just below the crucial $3,000 mark, taking a breather while building momentum for its next big move. As the market accumulates energy, a breakout above the $3,000 resistance could be imminent, setting the stage for further gains. Gold’s Bullish Trend Continues Gold has been on a strong upward trajectory, presenting a […]
February 20, 2025
Ethereum (ETH) Poised for a Potential Breakout Against Bitcoin (BTC): Is Momentum Shifting?
Ethereum (ETH) could be on the verge of a significant rally against Bitcoin (BTC), based on historical trends and technical indicators. The Stochastic RSI has remained deeply oversold, below the 20 mark, for the past two years—a rare condition that often signals a momentum shift. This oversold state has historically preceded major rallies in the […]
February 20, 2025
Gold Prices Hold Steady as Investors Monitor Russia-Ukraine Peace Talks
Gold prices remained stable on Wednesday, with market participants closely watching developments in peace talks between the US and Russia regarding the ongoing Russia-Ukraine conflict. The discussions, which were initiated under former US President Donald Trump’s administration, aim to explore a potential resolution to the war in Ukraine. As of 0831 GMT, spot gold was […]
February 19, 2025
Ethereum Shorts Hit Record $11.3B – What It Means for ETH Price Action
Ethereum has reached a historic milestone as short positions surge to $11.3 billion, signaling intense market activity. But what does this mean for ETH’s future price movement? Ethereum Sees Record-High Short Positions Over the past two weeks, Ethereum (ETH) has been trading within a consolidation range of $2.5K to $2.7K, with both bulls and bears […]