The Crypto Market Rollercoaster Continues Bitcoin Price Hangs at $97K Level The crypto market on Friday continued keeping investors on their toes, with coins mainly trading sluggishly. Bitcoin (BTC) price showcased a trading session at the $97K level, whereas Ethereum (ETH), XRP, and Solana (SOL) reflected a similar volatile trajectory.
U.S. consumer advocacy group urges investigation into President Trump’s official memecoin Concerns over violations of federal laws The U.S. consumer advocacy group Public Citizen has recently called on the Department of Justice (DOJ) and the Office of Government Ethics (OGE) to launch an investigation into whether President Donald Trump’s official
The state of Missouri is making waves in the world of cryptocurrency with a new bill that permits the holding of Bitcoin and accepting it for government payments. This progressive move is a major step towards embracing the future of digital currency and could have far-reaching implications for both individuals
The Potential Rise of Dogecoin in the Bull Market Cycle The Rise and Fall of Dogecoin In the ongoing bull market cycle, Dogecoin has seen considerable upward movements reaching the $0.48 mark. Even though the dog-themed meme coin has since dropped to the $0.25 price level, it is likely to
Stable Reverse Repo Rate Signals Confidence in India’s Financial Direction On February 7, 2025, the Reserve Bank of India (RBI) announced that the reverse repo rate remains steady at 3.35%. This announcement mirrors the previous rate and comes at a time of cautious optimism in India’s economic recovery. Although the
Introduction In a move that came as a relief to many sectors of the economy, the Reserve Bank of India (RBI) decided to reduce the interest rates from 6.5% to 6.25% as of February 7, 2025. This decision, despite being anticipated with a forecast matching the actual change, carries significant
Understanding the Cash Reserve Ratio Decision On February 7, 2025, the Reserve Bank of India (RBI) announced that the Cash Reserve Ratio (CRR) would remain unchanged at 4%. This decision aligns with both previous values and market forecasts, indicating a low-impact outlook. With the CRR held steady, there are vital
India’s central bank has decided to reduce its benchmark interest rate from 6.5% to 6.25%, aligning with economists’ forecasts. This decision comes amidst a dynamic global economic landscape, aiming to stimulate growth domestically while impacting global markets. Implications for India and the Global Economy The interest rate cut reflects India’s
Ethereum Price Recovery: Struggling to Break Key Resistance Levels Market Recap After experiencing a significant dip, Ethereum price has started a recovery wave above the $2,650 zone. This upward movement has brought hope to investors who were worried about the recent market downturn. However, ETH is now facing significant challenges
Bangladesh Inflation Rate Shows Resurgence In a recent report from February 7, 2025, Bangladesh’s inflation rate on a month-over-month (MoM) basis showed a significant shift. The actual value stood at 0.15%, a drastic increase from the previous -1.02%, marking a 114.706% change. Although the forecast was not available, this moderate
Bangladesh Inflation Rate Trends Downward As of February 7, 2025, Bangladesh has reported a year-on-year inflation rate of 9.94%. This marks a significant decrease from the previous rate of 10.89%, representing an 8.724% change. Despite this substantial drop, the impact on the broader economy is considered low. This development holds
Date: February 7, 2025 Overview Malaysia’s Industrial Production Year-over-Year (YoY) data has shown an actual growth rate of 4.6% for the most recent period, slightly shy of the forecasted 4.9% but an improvement from the previous 3.6%. The low impact of this change, with a growth of 27.778%, may not
Bitcoin, the world’s most well-known cryptocurrency, has been experiencing some consolidation in its price recently. Currently, it is hovering above the $95,500 support zone, showing signs of stability after a period of volatility. Despite the recent fluctuations in price, Bitcoin is showing a few positive signs that suggest a potential
Ripple’s XRP Excluded from Approved Cryptocurrencies List in Hong Kong What Happened? Ripple’s XRP has once again found itself in the spotlight, but this time for a more negative reason. Recently, the Hong Kong Securities and Futures Commission (SFC) released its highly anticipated list of approved cryptocurrencies for trading, but
Introduction The recent Japan 3-Month Bill Auction recorded an actual yield of 0.311%, slightly lower than the previous 0.325%, marking a -4.308% change. Despite the low forecast impact, the subtle shift in yield reflects underlying economic conditions and presents potential opportunities for investors across various asset classes. Implications for Japan
Bitcoin’s Price Action Signals Bullish Momentum Technical Analysis Points to Symmetry in Bitcoin’s Price Action Bitcoin (BTC) is showing strikingly bullish patterns as its price hovers around the $97,000 mark. Technical analysis points to a rare symmetry in Bitcoin’s price action, comparing the pioneer cryptocurrency to past trends and predicting
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