Silver pared most of its gains on easing Geo political tension. It hit a low of $29.98 and currently trading around $30.33.
The AI chip market is expected to grow rapidly, with a compound annual growth rate (CAGR) of 38.16% from 2024 to 2033, increasing the demand for silver used in microchips and electronics. Total silver demand could reach 1.2 billion ounces in...
Silver pared most of its gains on easing Geo political tension. It hit a low of $29.98 and currently trading around $30.33.
The AI chip market is expected to grow rapidly, with a compound annual growth rate (CAGR) of 38.16% from 2024 to 2033, increasing the demand for silver used in microchips and electronics. Total silver demand could reach 1.2 billion ounces in...
The GBP/JPY currency pair lost its shine in the Asian session on the strong yen. It hit a low of 193.55 at the time of writing and is currently trading around 194.02. The Potential Reversal Zone (PRZ) is set at 200.20.
In October 2024, Japan's Consumer Price Index (CPI) showed a year-on-year inflation rate of 2.3%, down from 2.5% the previous month and slightly...
Notcoin was created by Open Builders, developers of the TON blockchain. NotCoin integrates game-like elements into its ecosystem, encouraging user engagement and participation through challenges, achievements, and rewards. NotCoin’s rise to 4 million players is a testament to its innovative approach to digital assets.
Notcoin component is an interactive button...
The Helium Network which runs on represents a paradigm shift for decentralized wireless infrastructure that enables devices anywhere in the world to wirelessly connect to the Internet and geolocate themselves without the need for power-hungry satellite location hardware or expensive cellular plans.
Any daily close above $8.50 confirms further bullishness.
HNTUSD...
BTCUSD traded in a narrow range between $53550 and $58200 for the past week. It hit a high of $58200 yesterday.
According to Farside investors, spot BTC ETF inflows of $143 million on Jul 6th, 2024. Markets eye US Fed chairman Powell's speech today and CPI data this week for further direction.
US markets -
NASDAQ (negative correlation with BTC) -...
ETHUSD trades below the $3000 level due to risk aversion. It hit a low of $2822 yesterday and is currently trading at around $2970.
According to Bloomberg reports, ETH ETF will commence trading by Jul 15th, 2024.
The intraday bullishness is possible if it holds above $3200. On the higher side, the near-term resistance is $3200. Any significant jump above the...
Pivot : 1829.00
Our preference : short position below 1829.00 with targets at 1805.00 & 1798
Above 1829.00 look for further upside with 1842.00 & 1850.00 as targets.
Comment : RSI shows downside momentum.
