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
On February 28, 2025, Statistics Canada reported a significant acceleration in Canada’s annualized GDP growth, rising to 2.6% in Q4 of 2024, surpassing both the previous quarter’s growth of 2.2% and the forecast of 1.9%. This marked an 18.182% increase against projected figures, highlighting the robust resilience of the Canadian
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
February 28, 2025 – Canada’s Gross Domestic Product (GDP) Implicit Price Index recorded a 0.9% quarter-on-quarter increase, marking a substantial rise from the previous figure of 0.6% and surpassing the forecast of 0.5%. This economic measurement, reflecting domestic inflation and price changes for goods and services, may have significant repercussions
The latest data on U.S. Retail Inventories Excluding Autos reveals a substantial month-on-month increase, climbing by 0.4% in February 2025. This unexpected rise surpasses both the previous month’s -0.1% and market forecasts set at 0.1%. This change represents a 500% acceleration, capturing attention from economic analysts and retail investors worldwide.
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
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
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
XRP Faces Significant Downward Pressure Current Market Situation XRP, like many other cryptocurrencies, is currently facing a significant amount of downward pressure in the market. The broader crypto market has experienced a sharp decline in recent days, leading to concerns about the future price of XRP. Support Levels At the
Shiba Inu (SHIB): The New Cryptocurrency on the Block Shiba Inu (SHIB) has been garnering significant attention in the cryptocurrency market, and for good reason. The cryptocurrency coin, which once captured the hearts of retail investors, has experienced a remarkable surge in its burn rate. This surge has led to
The latest data from Germany’s Harmonised Inflation Rate MoM shows a significant jump, increasing by 0.6% in February 2025. This is a sharp turn from the previous -0.2% and slightly exceeds the forecast of 0.5%. The inflation rate has surged by a remarkable 400%, demonstrating a substantial turnaround in Germany’s
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