XRP’s Open Interest Skyrockets to $4 Billion in 24 Hours The Rise of XRP XRP, the third largest cryptocurrency by market capitalization, has recently been making waves in the crypto market. In the last 24 hours, XRP’s open interest (OI) has surged to an impressive $4 billion. This sudden spike
US Markets React to President Trump’s Intervention After wreaking havoc on stocks and crypto, President Donald Trump delivers boost President Donald Trump has once again made waves in the financial world, this time delivering a much-needed boost to the bottom of the range. After making interventions at the top of
White House Crypto Czar Liquidates Crypto Holdings Before Joining Administration What Happened: White House-appointed ‘Crypto Czar’ David Sacks confirmed that he liquidated all his cryptocurrency holdings—including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL)—before joining the administration. In an X post on Monday, Sacks cited a Financial Times
Solana Dominates Decentralized Exchange Trading Volumes The Rise of Solana in DEX Trading Solana (SOL) has emerged as a powerhouse in the world of decentralized exchange trading, maintaining its lead in trading volumes for five consecutive months, according to data from DefiLlama. This impressive feat highlights Solana’s growing influence and
Standard Chartered says $500,000 Bitcoin target back in focus Standard Chartered, a leading financial institution, has recently brought the spotlight back onto Bitcoin with their bold prediction of a $500,000 price target. This prediction comes after President Trump’s announcement of a Crypto Strategic Reserve plan, which has significantly boosted the
Historical data suggests bitcoin’s recent surge could be short-lived The rise and fall of Bitcoin Bitcoin, the world’s most popular cryptocurrency, has been making headlines in recent months due to its rapid surge in value. However, historical data suggests that this recent surge could be short-lived. Bitcoin’s price has been
The Growing Cryptocurrency Market The Popularity of Cryptocurrency Cryptocurrency has been a hot topic in the financial world for quite some time now. The market keeps growing every day, with new coins being introduced and existing ones gaining more traction. According to CoinMarketCap, the total market capitalization of all cryptocurrencies
The latest release of the U.S. ISM Manufacturing Prices index reveals a remarkable increase, spiking to 62.4 in March 2025, up from the previous month’s 54.9, and significantly surpassing the forecast of 56.2. This unexpected surge indicates rising input costs within the manufacturing sector, which could have widespread implications for
U.S. Manufacturing Employment Data Falls Short of Expectations The Institute for Supply Management (ISM) has released its latest manufacturing employment data, revealing a significant deterioration in the sector’s workforce conditions. The ISM Manufacturing Employment Index dropped to 47.6 in March 2025, a meaningful decline from the previous reading of 50.3,
Introduction At 3:00 PM on March 3, 2025, the Institute for Supply Management (ISM) released its closely watched Manufacturing Purchasing Managers’ Index (PMI) for the United States. The latest data shows a slip to 50.3 in February, down from 50.9 in January and below the forecasted 50.5. This high-impact piece
Colombia’s PMI Signals Potential Economic Challenges On March 3, 2025, Colombia’s Davivienda Manufacturing Purchasing Managers’ Index (PMI) registered an unexpected contraction, decreasing to 49 from a previous 53.8, and falling short of the forecasted 52.4. This performance suggests challenges ahead for Colombia’s manufacturing sector, as a PMI reading below 50
On March 3, 2025, the United States saw an unforeseen decline in construction spending of 0.2% for the month. This downturn contrasts starkly with the previous month’s growth of 0.5% and the forecasted increase of 0.3%. The data indicates a significant decrease in economic momentum in the construction sector, marked
As of March 3, 2025, the latest data reveals that Mexico’s S&P Global Manufacturing PMI has fallen to 47.6, a notable drop from the previous 49.1 and the forecasted 49.3. This contraction, indicated by a PMI below 50, suggests declining manufacturing activity, raising substantial questions about Mexico’s economic trajectory and
Date: March 3, 2025 Introduction The latest data for the United States’ Institute for Supply Management (ISM) Manufacturing New Orders shows a substantial decline, with the actual figure reaching 48.6, down from the previous 55.1, and falling short of the forecasted 55.4. This drop indicates a contraction in manufacturing demand
Ethereum’s Price Drop: What’s Next for ETH? The Recent Price Drop Ethereum’s price has recently experienced a massive drop, coming much earlier than expected. This drop has surprised many investors and traders, as ETH has failed to make a new all-time high like Bitcoin. The price of Ethereum has been
The United States’ manufacturing sector posted robust performance data with the S&P Global Manufacturing Purchasing Managers’ Index (PMI) climbing to 52.7 in March 2025. This figure notably exceeded both the previous reading of 51.2 and forecasts of 51.6, marking a significant change of 2.93 points. The positive PMI data, which
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