In the Ethereum community, traders are keeping a close eye on recent crypto market happenings, especially how Ethereum compares to Solana. They're discussing technical stuff like patterns and support levels for ETH/USD. One hot topic is Solana's decentralized exchanges outdoing Ethereum in daily trading volume. People are feeling positive about Solana's success...
In my analysis, the recent stabilization of WTI crude futures above $72 per barrel signals a potential recovery from the decline attributed to eased concerns about Middle East supply disruptions. Progress in ceasefire negotiations between Israel and Hamas played a significant role in this stabilization. The cautious global demand outlook, influenced by reduced...
The US30, representing the Dow Jones Industrial Average, has experienced notable market dynamics in 2024, reaching a peak price point of 38,571.00 and a low of 28,571. These milestones reflect the volatility and fluctuations in the stock market. Despite achieving record highs, concerns have emerged as Congress resorts to a stopgap spending measure, introducing...
The upcoming economic data releases for the Eurozone carry significant weight in shaping the ongoing bullish trend of EUR/USD. The Core CPI Flash Estimate y/y, indicating the inflation rate, is expected to be at 3.2%, slightly below the previous figure of 3.4%. Similarly, the CPI Flash Estimate y/y is projected to be at 2.7%, showing a marginal decrease from the...