Tag Archives: Story of the Day

Bitcoin continues to show weakness as the BTC price can move towards $24,000-25,000 as it goes to test the 200-week EMA once again.  On Thursday, August 31, the world’s largest cryptocurrency Bitcoin plummeted by more than 4.5% with its price slipping under $26,000, losing all the early week gains after the Grayscale court ruling. The selling pressure on BTC and its price comes as the US Securities and Exchange Commission (SEC) announced its decision to delay the approval of seven spot...

CoinspeakerNasdaq Composite Soars Over 1% as Tech Stocks Rebound At the core of the Nasdaq Composite’s resurgence was the undeniable role of bonds and economic data. Nasdaq Composite Soars Over 1% as Tech Stocks Rebound

CoinspeakerWall Street Investors Await Key Inflation and Jobs Data, Treasury Yields Fall The inflation and jobs data will play a crucial role in further market movements. Wall Street Investors Await Key Inflation and Jobs Data, Treasury Yields Fall

CoinspeakerBitcoin Price Falls 11% while Key Indicator States BTC Is at Most Oversold Level since Covid 2020 Crash The price of Bitcoin is struggling to maintain momentum and has succumbed to several macroeconomic factors over the last week. Bitcoin Price Falls 11% while Key Indicator States BTC Is at Most Oversold Level since Covid 2020 Crash

Coinspeaker10-Year Treasury Yield Rises in the US Following Minutes of Last Federal Reserve Meeting The 10-year Treasury yield rose while the 2-year yield fell as investors considered the implication of the Federal Reserve's meeting minutes. 10-Year Treasury Yield Rises in the US Following Minutes of Last Federal Reserve Meeting

CoinspeakerUK Inflation Sees Sharp Drop in July as Core and Services Show Mixed Trends While the easing of headline inflation is welcome news for consumers, experts are paying closer attention to the underlying trends.  UK Inflation Sees Sharp Drop in July as Core and Services Show Mixed Trends

CoinspeakerStocks Fall as Global Economic Worries Weigh on Wall Street US financial giants witnessed their shares slide as credit rating downgrades cast a shadow over the sector. Stocks Fall as Global Economic Worries Weigh on Wall Street

CoinspeakerGold Prices Expected to Hit $2,500 as Recession Fears Continue Analysts and stakeholders expect gold prices to rise as the year runs out because of macroeconomic factors and recession risks. Gold Prices Expected to Hit $2,500 as Recession Fears Continue

CoinspeakerPayPal Launches Its Native Stablecoin PayPal USD (PYUSD) PayPal assures its users that PYUSD is fully backed by USD, reserve with funds supporting the stablecoin, while addressing concerns about issuing unbacked tokens. PayPal Launches Its Native Stablecoin PayPal USD (PYUSD)

CoinspeakerSaudi Arabia’s Sovereign Wealth Fund Reports $16B Loss From Crash in Investment Portfolio Saudi Arabia's investment fund has reported a heavy loss worth billions of dollars from economic factors that reduced its many investments. Saudi Arabia’s Sovereign Wealth Fund Reports $16B Loss From Crash in Investment Portfolio