Hayes’ Prediction for Bitcoin’s Potential Decline The Forecast Hayes believes BTC could record more declines over the weekend before finally consolidating. This prediction comes as no surprise to many in the cryptocurrency community, as Bitcoin has been experiencing volatility in recent weeks. Analyzing the Market Bitcoin’s price has been fluctuating
The Ethereum Foundation Announces Resolution of Issues with Pectra System Contracts Audit The Ethereum Foundation recently announced that the audit of the Pectra system contracts has been completed, and all identified issues have been resolved. This news comes as a relief to the Ethereum community, as the Pectra system is
The Current State of the Cryptocurrency Market Setting New Local Lows The market keeps setting new local lows, according to CoinMarketCap. This trend has left many investors feeling uncertain about the future of cryptocurrency. With prices continuing to decrease, it can be challenging to remain optimistic about the market’s potential
TRUMP’s Trade War Takes a Toll U.S. President Faces Double Digit Hit As tensions continue to escalate in the global trade arena, President Trump finds himself at the center of a storm. His aggressive tactics and imposition of tariffs on various countries have not gone unnoticed, and the repercussions are
Bitcoin Miner Bitdeer’s Latest Purchase Bitcoin Market Update Bitdeer, a prominent Bitcoin mining company, made headlines today with the announcement of its recent acquisition of 50 more Bitcoin. This news comes at a time when the market price of Bitcoin is trading slightly below the $80,000 mark, indicating a bullish
The Potential Future of XRP Exciting Times Ahead After rising about 300% during the past 12 months alone, it’s entirely possible that the next 12 months will be even more exciting for holders of XRP (XRP -10.24%). The cryptocurrency market has been volatile and unpredictable, but XRP has shown remarkable
Is Bitcoin Heading Towards New Highs After Completing Wave 4 Correction? The Potential Reversal in Bitcoin Price Bitcoin has been on a rollercoaster ride in recent weeks, with prices hitting a high of $79,000 before correcting back down to around $60,000. Many analysts believe that Bitcoin has completed its Wave
In a surprising turn of events, the latest data from February 2025 reveals a significant decline in the United States personal spending month-over-month (MoM), registering at -0.2%, contrasting sharply with the forecasted 0.1% increase and the previous month’s robust 0.8% rise. This unexpected contraction sends ripples across financial markets, warranting
U.S. Goods Trade Balance: An Alarming Shift On February 28, 2025, the latest data on the United States Goods Trade Balance revealed an actual deficit of -$153.26 billion, a significant decline from the previous figure of -$122.01 billion and far below the forecasted -$114.7 billion. The data illustrates a worrying
Washington, D.C. – The United States Core Personal Consumption Expenditures (PCE) Price Index for January 2025, released today, stood at a robust 0.3%, matching economists’ forecasts and showing an increase from the previous month’s 0.2%. The Core PCE Price Index, considered the Federal Reserve’s preferred measure of inflation, signals underlying
Economic Overview At the close of February 2025, new data reveals a robust performance in Canada’s economy. The Gross Domestic Product (GDP) for the fourth quarter grew by 2.6% quarter-over-quarter, outpacing the previous quarter’s 2.2% and exceeding the forecast of 1.9%. This significant 18.182% change indicates Canada’s economic resilience, despite
Introduction On February 28, 2025, Canada’s Gross Domestic Product (GDP) Year-over-Year (YoY) rate was reported at 2.36%, a noticeable increase from the previous 1.88%. This robust growth, representing a 25.532% change, has significant implications for both the Canadian economy and global markets. What This Means for Canada and the World
Overview The latest data release on February 28, 2025, indicates that the United States Goods Trade Balance Advanced has reached an actual deficit of $153.26 billion, compared to the forecast of $116 billion. This represents a substantial increase from previous estimates and has notable implications for both domestic and global
The latest data release from the United States Bureau of Economic Analysis has shown a significant surge in personal income for January 2025, posting a 0.9% increase month-over-month (MoM). This is a substantial jump compared to the 0.4% registered in December 2024 and far surpasses the forecasted 0.3%. This unexpected
Introduction In an unexpected but welcome economic development, the United States Core Personal Consumption Expenditures (PCE) Price Index Year-over-Year (YoY) reported a significant reduction, dropping to 2.6% from a previous 2.9%. Released on February 28, 2025, this figure matches the forecast and highlights a promising deceleration in inflationary trends impacting
Canada’s Economic Performance: A Strong Start to 2025 In a surprising development, Canada’s GDP Growth Rate for the fourth quarter of 2024 surged to 0.6% quarter-on-quarter, significantly surpassing the anticipated forecast of 0.2%. This represents a 20% increase from the previous period, which recorded a 0.5% growth rate. The latest
Get notified about market movers
