Ethernity Switches to AI Enhanced Ethereum Layer 2 to Prevent Counterfeit Asset Trading
Non-fungible token (NFT) platform Ethernity, said it has switched to an artificial intelligence (AI) enhanced Ethereum Layer 2 network with new capabilities allowing the firm to combat counterfeit asset trading. The Ethernity platform has authenticated and licensed NFTs for sports celebrities
GBP/USD Reacts to 0.3% Drop as BoE Meeting Nears at 5.25%
GBP/USD Reacts to 0.3% Drop as BoE Meeting Nears at 5.25% Quick Look: GBP/USD retreated slightly by 0.3% amid heightened anticipation of the BoE’s decision, reflecting the pair’s sensitivity to policy shifts. It faces significant resistance at key SMAs; the 200-day SMA at
Australia’s RBA Maintains 4.35% Rate; Inflation Still a Risk
Australia’s RBA Maintains 4.35% Rate; Inflation Still a Risk Quick Look: Maintained at 4.35%, marking the sixth consecutive month without change, reflecting a cautious approach amid economic uncertainties. If inflation persists, the RBA remains wary of inflation risks, with potential rate hikes on
Triple Top Pattern You Should Know As a Beginner Trader
Triple Top Pattern You Should Know As a Beginner Trader Key Takeaways: Pattern Identification: The triple top pattern predicts price reversals. Bearish Signal: Three peaks signal a shift from uptrend to downtrend. Trading Approach: Traders react by selling short or closing long positions. Confirmation and
Blackstone’s 2023 Comeback: 50% Stock Surge, $15B Redemption
Blackstone’s 2023 Comeback: 50% Stock Surge, $15B Redemption At a Glance: Rapid Growth: Since its launch in 2017, BREIT attracted substantial investments, peaking at $3 billion monthly by 2021. 2022 Challenges: Faced mass redemption requests topping $15 billion, causing significant stock price drops. 2023
Crypto market making strategy: What is it and how to use it?
Crypto market making strategy: What is it and how to use it? Key Takeaways: Market makers are essential for ensuring smooth trading and liquidity in the market. They narrow the gap between buy and sell prices, fostering fair and transparent trading. Choosing the right
Solana Surges 600% to Over $200 in Resilient Recovery
Solana Surges 600% to Over $200 in Resilient Recovery Quick Look: Surging Value: Solana has impressively risen from $10 to over $200, showcasing a 600% increase and strong investor confidence. Recent Recovery: Following a 37% dip, Solana rebounded with a 23% increase last
Bitcoin Falls 1%, Valued at $63,558 Amidst Market Struggles
Bitcoin Falls 1%, Valued at $63,558 Amidst Market Struggles Quick Look: Bitcoin price dips 1% to $63,558.2 amid regulatory concerns. Report reveals less than 10% of stablecoin transactions are genuine. Persistent capital outflows from crypto funds signal investor caution. On Tuesday, the price of Bitcoin
Oil Prices Edge Up Amid Gaza Conflict: Brent at $83.54
Oil Prices Edge Up Amid Gaza Conflict: Brent at $83.54 Quick Look: Oil prices rise amid military strikes in Gaza and ceasefire uncertainties. Geopolitical risks could affect oil flow through key maritime routes. Saudi Arabia adjusts oil prices, anticipating summer demand. The global oil market
Nigeria to Delist Naira From Crypto P2P Space to Curb Manipulation
The Federal Government of Nigeria, through the country’s regulator, is considering to delist the naira from all peer-to-peer (P2P) platforms. The move would be rolled out “in the coming days,” says Nigeria’s SEC Director General Emomotimi Agama. According to a Bloomberg