Analysis

TradingKey - As inflation eases and signs of recession appear, the market widely expects the European Central Bank (ECB) to make its second rate cut of 2024 at the September meeting.

Gold price increases as US Treasury yields drop and the US Dollar weakens.

President Vladimir Putin has declared Russia a leading country in bitcoin mining, attributing this success to the nation’s surplus energy resources, particularly in Siberia. Speaking at the Eastern Economic Forum (EEF),

Following heavy losses from major cryptocurrencies, BNB has shown some impressive resistance to the price drop, supported by strong demand.

IBM (NYSE: IBM) announced it has expanded its consulting services and solutions to help clients derive greater value from Oracle's cloud applications and technology and extend generative AI with an open, orchestrated approach.

U.S. crude oil futures moved off lows in post-settlement trading Tuesday after the American Petroleum Institute reported a surprise decline in weekly domestic crude stocks.

The EUR/USD retreated on Tuesday after the latest inflation report in Germany, which increased the likelihood of another interest rate cut by the European Central Bank (ECB).

Despite recent weakness, analysts at BCA Research in a note dated Monday assert that the US dollar remains resilient and is expected to rebound in the coming months. 

Data shows Chainlink has been seeing many social media discussions recently, which may be bullish for its price

On-chain data shows the Ethereum adoption rate has hit a four-month high, which could be bullish for the cryptocurrency’s price.

EUR/USD struggles to gain ground near its weekly low of 1.1030 in Tuesday’s European session.

Bitcoin’s price rose on Tuesday, extending a rebound in recent sessions as steep losses from last week saw bargain buyers step into cryptocurrency markets. 

GBP/JPY maintains its position above 187.00 during the Asian hours on Tuesday.

TradingKey - Since Vice President Kamala Harris took over from Biden in the 2024 U.S. presidential election, the political landscape has shifted dramatically.

Investing.com-- Oil prices steadied in Asian trade on Tuesday as traders sought to gauge the impact of Tropical Storm Francine on U.S. oil production, while concerns over sluggish demand remained in play. 

Silver price (XAG/USD) edges lower to near $28.30 per troy ounce during Tuesday’s Asian hours. Traders adopt caution ahead of the US inflation report scheduled to be released on Wednesday to gain insights regarding the potential magnitude of the Federal Reserve's (Fed) interest rate cut in September

The Central Bank of Brazil has announced 13 new use cases for the second phase of its Drex central bank digital currency (CBDC) pilot. These were chosen out of 46 […] The post Brazil’s Central Bank Expands Drex CBDC Pilot with 13 New Use Cases appeared first on Live Bitcoin News.

Solana price formed a support base above the $120 level and started a recovery wave like Bitcoin and Ethereum. SOL traded above the $125 and $128 resistance levels. The price even climbed above $132 and tested the key barrier at $138.

In a post shared on Elon Musk’s social media platform, X, Bianco suggested that Bitcoin ETFs would need more time to mature before they could serve as a major “instrument of adoption” rather than just a “small tourist tool.”

Chow Tai Fook Jewellery Group Limited (“Chow Tai Fook Jewellery Group”, the “Group” or the “Company”; SEHK stock code: 1929), the leading Chinese jeweller built on nearly a century of trust and innovation, is excited to announce the grand opening of its new concept store in Hong Kong.