China’s post pandemic recovery is bumpy, troubled by a distressed property market, subdued factory activity and weak consumer demand. Today’s data showed that the country has not escaped deflationary pressures, with CPI hovering around zero for more than a year now. Inflation came in at +0.2% y/y in June, lower than expected and the weakest since January. On a...
Technical indicators are not as important in this case, but Luna broke through the green cloud on the weekly and on the daily is this represented as a red cloud. From a fundamental point of view is the price of Luna going to reach zero, but this destabilization period on Luna is high dependent on the case of UST gaining or losing its dollar peg. The UST peg is...
What is Cardano? 1.It's a Blockchain platform for change makers, innovators, and visionaries, with the tools and technologies required to create a possibiliy for the many, as well as the few, and bring about positive global chnage. 2. Cardano is a proof-of-stake blockchain platform and it's the first to be founded on peer-re viewe research and developed through...