Markets

BitMEX co-founder and macro-analyst Arthur Hayes recently predicted that Bitcoin’s price will soar between $750,000 and $1,000,000 per coin within roughly 3 years. His prediction, which is far more bullish than that of most analysts, rests on a macroeconomic thesis that all financial assets are due for an unprecedented boom. The Biggest Bull Market Ever In an interview with Impact Theory published on Tuesday, Hayes claimed that Bitcoin will continue to trade sideways near...

In a market as unpredictable as the meme coin market, the appeal of quick gains has made these low-cap coins a hot topic among traders on social media. Given the saturated nature of the market, getting the lowdown from those in the know can make all the difference for those seeking the next coin to explode. This article explores insights from three prominent crypto traders on which meme coins could be next to skyrocket, ensuring investors have a clear overview of the market’s...

TL;DR Analyst EGRAG CRYPTO suggests XRP could reach $27 after Ripple’s legal win and its role in cross-border payments. Investors are advised to be cautious due to potential broader market downturns. Past XRP price predictions from different analysts vary widely, from $1.40 to $500. Much More Bullish After Ripple’s Second Victory The popular cryptocurrency analyst using the X (Twitter) handle EGRAG CRYPTO opined that the latest developments surrounding Ripple could act as a...

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Following its in-principle approval of the MPIL in June this year, Sygnum Singapore has completed the licensing process and received the licence that enables it to activate the launch of the group’s regulated Digital Payment Token (DPT) brokerage service in Singapore. The platform, featuring a seamless fiat-digital asset gateway and trade execution for a range of...

Market participants have been particularly attentive to any signals that the Federal Reserve may continue to raise interest rates. A recent report from the Labor Department has revealed that initial filings for jobless claims or unemployment benefits for the week ended September 30th reached a seasonally adjusted 207,000. While this statistic represents a 2000 rise over the previous figure, it fell short of the Dow Jones consensus projection of 210,000, indicating that the job market...

Ripple’s price has been showing a slight uptrend, retracing toward the 200-day moving average on the daily chart. However, if the cryptocurrency successfully breaks above the 200-day moving average and the significant resistance zone at $0.55, the market will probably shift into a bullish trend. XRP Analysis By Shayan The Daily Chart Upon analyzing the daily chart, Ripple’s price experienced a notable rejection, leading to a phase of consolidation. It retraced slightly toward...

Alstom highlighted reasons for the free cash flow reduction for H1 of the fiscal year, and predicted a reduced figure for the full year. Shares in French train manufacturer Alstom crashed by more than 35% following a reduction in the company’s forecast for free cash flow. As of this writing, Alstom shares are selling at €13.76, a 35.88% plunge from its previous close at €21.46. Alstom published a press release containing preliminary financial information for the first half of fiscal...

The recent halts in the trading of Metro Bank’s shares on the London Stock Exchange come on the heels of reports that the Bank was seeking to raise $727 million in debt and equity.  In a surprising turn of events, shares of Britain’s Metro Bank Holdings PLC (LON: MTRO) experienced a dramatic plunge, leading to not one but two suspensions on the London Stock Exchange (LSE) in the early hours of today’s trading. Metro Bank’s Volatile Slide According to recent reports, Metro Bank shares...

Doosan Robotics had an impressive IPO with shares jumping more than 100%, making it South Korea’s biggest trading debut so far this year. Shares in South Korean collaborative robot (cobot) Doosan Robotics jumped significantly from their initial public offering (IPO) price upon their trading debut on Thursday. Doosan Robotics shares began trading at 59,100 won, an increase of more than 127% from the initial IPO price of 26,000 won. At its highest point, Doosan shares climbed to 67,000 won...

Zuger Kantonalbank’s customers can invest in a range of leading cryptocurrencies including Bitcoin, Ethereum, XRP, Polygon and Uniswap: Sygnum’s fiat-digital-asset gateway enables them to conveniently buy and trade cryptocurrencies via Zuger Kantonalbank’s e-banking and mobile banking app. Assets are secured by Sygnum’s multi- custody solution and held off balance sheet, eliminating all counterparty risk towards Sygnum. The 131-year-old financial institution, based in Switzerland’s Crypto...