JasmyCoin (JASMY) Falling Wedge Pattern: A Bullish Reversal Signal Introduction JasmyCoin (JASMY) has recently caught the attention of traders with its formation of a falling wedge pattern on the daily chart. This technical structure is often seen as a signal of a potential bullish reversal, drawing interest from those looking
Introduction On January 27, 2025, China’s industrial sector offered a glimmer of hope for its financial landscape as recently released figures show industrial profits declining by 3.3%, an improvement over the previous 4.7% contraction. This marginal recovery, which outperformed the forecasted decline of 5%, might not significantly impact China’s economy
Introduction In a surprising development, China’s National Bureau of Statistics (NBS) Non-Manufacturing Purchasing Managers’ Index (PMI) has dropped to 50.2 for the month of January 2025. This is a notable decrease from the previous reading of 52.2 and less than the forecasted 51.8. The impact of this shortfall is expected
Beijing’s Economic Barometer Falls Short On January 27th, 2025, the National Bureau of Statistics (NBS) reported that China’s Manufacturing PMI dropped to 49.1, signaling a contraction in factory activity. This reading fell significantly short of both the previous figure of 50.1 and market forecasts, also set at 50.1. The unexpected
China’s Manufacturing Under the Spotlight The latest release from China’s National Bureau of Statistics (NBS) indicates a slight yet significant decline in the General Purchasing Managers’ Index (PMI), dropping from 52.2 to 50.1. While this figure remains above the contraction threshold, it highlights a deceleration in China’s manufacturing sector, falling
Introduction The latest figures for Ireland’s consumer confidence reveal a slight uptick with the index rising to 74.9 from a previous 73.9, surpassing forecasts which anticipated a dip to 73.5. Despite the minimal rise and low impact rating, this data might bring important considerations for investors and financial markets globally.
A Look at Hedera HBAR’s Growing Prospects in the Global Stablecoin Market Introduction As the global stablecoin market cap continues to balloon, the prospects for Hedera HBAR are looking more promising than ever. In this blog post, we will explore why this is the case and what it means for
Ethereum’s Struggles in 2021 The Rise and Fall of Ethereum Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has faced persistent struggles throughout the year. Once hailed as the platform that revolutionized the world of decentralized finance, Ethereum has seen its fair share of challenges in 2021. From scalability issues
Crypto VCs’ Reaction to Trump’s Memecoin and Executive Order Understanding the Impact on the Industry Recently, the cryptocurrency community has been abuzz with discussions surrounding President Trump’s memecoin and the executive order related to it. Crypto VCs, who play a crucial role in funding and shaping the industry, have been
Bitcoin and the U.S. Stock Market: A Correlation Worth Noting The Rise of Bitcoin as an Institutional Investment Bitcoin, the world’s largest cryptocurrency by market capitalization, has long been considered a risky and volatile investment. However, in recent years, it has gained traction among institutional players seeking to diversify their
Vitalik Buterin Proposes Unified Roadmap for Ethereum’s Future Vitalik Buterin, the co-founder of Ethereum, has once again put forward ambitious ideas for the future of the Ethereum network. In his latest blog post, Buterin emphasized the need to solidify Ethereum’s native currency, ETH, as a key asset within the entire
JUP Token Surges by Over 20% in 24 Hours Recent Developments in Solana-Based Jupiter Exchange Fuel Rise in Value The native token for Solana-based Jupiter exchange, known as JUP, has experienced a significant surge in value over the past 24 hours. According to data from CoinMarketCap, JUP saw an increase
Tokenized Real Estate Gains Momentum With Hawaii Onchain Sale Propy Introduces Instant Onchain Loan Feature for Tokenized Real Estate Acquisition in Hawaii Propy, a leading blockchain-based real estate platform, has recently announced the launch of an innovative instant onchain loan feature. This new feature is designed to streamline the process
Roger Ver, AKA Bitcoin Jesus, Pleads with Donald Trump The Plea for Help Roger Ver, the man known as “Bitcoin Jesus,” is publicly pleading with ‘crypto president’ Donald Trump to prevent his extradition to the United States. In a desperate and direct tweet on Jan. 26, Roger said, “Mr. President,
The Impact of 31,000 Bitcoin Options Contracts Expiring Today Introduction In a major development for the cryptocurrency world, 31,000 Bitcoin (BTC) options contracts, totaling around $3.19 billion, are expiring today. This key event has captured the attention of market participants, as it could influence Bitcoin’s price trajectory, especially amid growing
The Performance Gap: Boosting Bitcoin’s Appeal Introduction As the cryptocurrency market continues to evolve, Bitcoin’s dominance is becoming more apparent. The performance gap between Bitcoin and altcoins may significantly impact the future of digital currency investments. While altcoins have shown promise in the past, recent trends suggest that Bitcoin’s stability
Risk Disclaimer: Sigmanomics is a financial portal that provides news and analysis about the different financial markets. The articles that we serve on the portal depend solely on the opinion and analysis of our economists which in no way are intended to incite a visitor of the website or an investor to trade or sell/buy a certain instrument. It is the responsibility of the visitor / trader only to evaluate his trading strategies and whether he is capable of trading with taking into consideration that losing all the capital invested is a possibility. The visitor should seek an independent professional financial advisor to discuss his or her trading strategies. Moreover, the provided rates for the different instruments are indicative only and cannot be used for trading purposes. Therefore, no responsibility can be imposed on sigmanomics.com.com and the company operating the portal for any loss of money that may occur to the visitor by using the website.
Get notified about market movers
