An analyst has explained how the next Bitcoin top could be situated around $400,000, if this model for the asset’s price continues to hold. Bitcoin Long-Term Power Law Could Reveal Possible Location Of Next Top In a new post on X, analyst Ali Martinez has talked about what the Long-Term Power Law could say about […]
Public vs. Private Blockchains: Which One is Right for You?
This blog explores the differences between public and private blockchains, their features, use cases, and which may be better for your needs. The post Public vs. Private Blockchains: Which One is Right for You? appeared first on Coinbackyard.
Meta Platforms (META) Stock Price Holds Near All-Time High
As shown on the Meta Platforms (META) stock chart, the price remains around the $560 level, less than 2% away from the all-time high of over $570, reached on 23 September. A significant gain of approximately 3.80% in one day was achieved on 19 September, driven by increased demand for shares following the Federal Reserve’s […]
Analysis of NZD/USD: Exchange Rate Hits Yearly High Today
According to the NZD/USD chart, the exchange rate has reached 0.635 New Zealand dollars per US dollar today, its highest level since December 2023. As reported by Trading Economics: → On one hand, the “kiwi” strengthened due to China’s announcement of an economic stimulus package, as China is New Zealand’s largest trading pa
The Dollar Continues to Decline Ahead of US GDP Data
The Fed’s rate cut and a series of weak macroeconomic data from the US have contributed to the resumption of the downward trend for the USD in major currency pairs. For instance, EUR/USD buyers are pushing the price towards the key level of 1.1200, GBP/USD has consolidated above 1.3400, and USD/CAD has hit new year-to-date […]
Market Analysis: AUD/USD Rallies Toward 0.7000, NZD/USD Follows Suit
AUD/USD surged above the 0.6800 and 0.6850 levels. NZD/USD is also rising and might aim for more gains above 0.6300. Important Takeaways for AUD USD and NZD USD Analysis Today · The Aussie Dollar rallied after forming a base above the 0.6750 level against the US Dollar. · There is a key bullish trend line […]
ChatGPT Gets a Major Upgrade with New Voice Features
ChatGPT users are now beginning to enjoy OpenAI’s highly-anticipated “Advanced Voice” feature, which enhances the tool’s voice interaction abilities.
South Korea’s FSC Endorses Nonprofit to Secure Crypto Assets after Exchange Closures
The Financial Services Commission (FSC) of South Korea announced today (Wednesday) that it has approved the creation of a nonprofit organization aimed at protecting virtual assets for consumers in the event that a cryptocurrency exchange goes out of business. FSC Establishes Asset Protection Foundation The organization, provisionally named the Digi
Bitcoin Held For Years Are Now On The Move, Is This A Signal For Caution?
Recently, a significant movement of older Bitcoin holdings has been observed on the network, sparking discussions about potential selling pressure in the market. This activity, as shown in data by the on-chain analytics platform CryptoQuant, has led to analysts advising “extreme caution” in the face of this development. Old Bitcoin On The Move: A S
SEC Delays Ethereum ETF Options Trading Decision Until November
The United States Securities and Exchange Commission has delayed making a call on the approval of options trading for various Ethereum ETFs. While a call was expected at the end of September, it has been extended through mid-November 2024. Source: […] The post SEC Delays Ethereum ETF Options Trading Decision Until November appeared first on [&hel