Category Archives: Finance
February 1, 2025
Bitcoin (BTC) Price Holds Above $100,000 as Bulls Target Next Breakout
Bitcoin (BTC) price continues to trade above the critical $100,000 level, demonstrating strong bullish momentum despite recent market fluctuations. As a golden cross forms on BTC’s Exponential Moving Averages (EMA), traders anticipate a potential breakout—provided BTC can surpass key resistance levels. Bitcoin Faces Resistance at $106,000 Although Bitcoin has held firm above $100,000 for three […]
February 1, 2025
What Was the Highest Price for Gold?
Gold has long been regarded as a reliable store of wealth, with its value often reaching record highs during times of economic uncertainty. Investors seeking safe-haven assets frequently turn to gold, driving up its price. Gold’s All-Time High Price and Market Trends The price of gold has experienced remarkable peaks, particularly in the 21st century, […]
January 31, 2025
Japanese Yen Bulls Gain Momentum Amid BoJ Rate Hike Speculation
The Japanese Yen (JPY) continues to strengthen against the US Dollar (USD) during Friday’s Asian session, remaining near a one-month high. Fresh economic data from Japan reinforced expectations of further rate hikes by the Bank of Japan (BoJ), further supporting the Yen’s upward trajectory. Japanese Economic Data Boosts Yen Sentiment Tokyo’s Consumer Price Index (CPI) […]
January 30, 2025
Australian Dollar Gains Limited Amid RBA Dovish Sentiment
The Australian Dollar (AUD) strengthened following the release of the Export Price Index on Thursday, but upside momentum appears restrained due to a dovish outlook from the Reserve Bank of Australia (RBA). A breakout above key resistance levels is needed to confirm a bullish trend. Australian Dollar Reacts to Export Price Index Data The AUD/USD […]
January 29, 2025
Ripple (XRP) Surges 10% Amid Bullish Momentum, Eyes $4.50 Price Target
Ripple’s native cryptocurrency, XRP, has witnessed a sharp 10% price increase in the last 24 hours, currently trading at $3.18. This rebound follows a brief dip below $2.80 on January 27, triggered by a market-wide selloff linked to the launch of a new AI model by Chinese startup DeepSeek. Key Highlights: XRP Leads Crypto Market […]
January 29, 2025
Nvidia Fights Back After £500bn Wall Street Wipeout as Trump Warns of Chinese AI Threat
Nvidia shares made a strong comeback after suffering a historic £500bn market value loss, as former US President Donald Trump warned that China’s rising artificial intelligence (AI) industry poses a serious threat to American technological dominance. Following a devastating 17% drop on Monday—the largest single-day stock loss in corporate history—Nvidia’s stock rebounded nearly 9%. This […]
January 28, 2025
Bitcoin, Ethereum, and Solana Crash — Is China’s Low-Cost AI Model DeepSeek the Culprit?
IntroductionThe global financial markets, including cryptocurrencies like Bitcoin and Ethereum, have been shaken by the emergence of DeepSeek, a Chinese AI startup that introduced a revolutionary, low-cost AI model. Experts believe this disruptive technology challenges Silicon Valley’s dominance and may have contributed to the recent crash in crypto and tech stocks. DeepSeek’s AI Model Sparks […]
January 28, 2025
Analysts Praise Diageo as Guinness and Moet Hennessy Sale Rumors Dismissed
IntroductionDiageo, the world’s largest spirits maker, has ruled out the sale of its iconic Guinness brand and its stake in Moet Hennessy, dispelling recent speculation. Analysts at Jefferies responded positively, reaffirming their confidence in the company’s future, which is poised for growth under new leadership. Diageo Shuts Down Guinness Sale RumorsLast week, reports emerged suggesting […]