Hot News: Binance to Discontinue BUSD Support by 2024 – Find Out More!
Binance’s Announcement on Discontinuation of Support for BUSD In an official announcement from Binance, one of the world’s leading cryptocurrency exchanges, it was stated that they would cease to support its stablecoin, BUSD, in 2024. Users were given a timeline and told that the services will gradually be phased out until Paxos completes the acquisition […]
Crypto Giant Binance Suspends Debit Card Usage in Latin America & Middle East!
Cryptocurrency Exchange Binance Suspends Crypto Debit Card Services In a recent surprise move, the premier cryptocurrency exchange, Binance, has decided to halt its crypto debit card services. This suspension will affect customers in Latin America and the Middle East. The suspension will take effect on August 25th. Features of Binance’s Crypto Debit Card Works similar […]
Shiba Inu Plummets 8% Post-Shibarium Mainnet Launch: Uncover the Surprising Reasons Why!
Introduction The Shiba Inu cryptocurrency is experiencing a sustained decrease in value against investor expectations. The Shiba Inu price is currently trading at $0.00000908 on Thursday, representing an 8% drop from its previous value. This downward trend suggests that the cryptocurrency may revisit lower support levels at $0.0000075 and $0.0000065. Shibarium Mainnet Launch’s Impact on […]
Altcoin’s Bold New Burn Plan Movement Sparks Exciting Price Fluctuation!
Injective’s Major Tokenomic Upgrade: INJ 2.0 Injective, a decentralized cryptocurrency exchange, has recently announced its major release, INJ 2.0. It is described as the “largest tokenomic upgrade”, and anticipated to dramatically increase the amount of INJ tokens being burned on a weekly basis. Main Changes Brought by INJ 2.0 This significant update has few primary […]
Bitcoin’s Value Nosedives – Why Bears are Eyeing New Lows After Latest Rejection!
The Bitcoin cryptocurrency, noted for its volatility, is showing a trend towards declining prices from its $30,350 rates. A closer analysis of BTC indicators hints at a further fall, possibly to the $29,650 and $29,500 support zones. This leans towards bearish inclinations, providing critical insights for potential investors and existing holders of Bitcoin. Main Observations […]
June CPI Report Triggers Largest One-Day Drop in Treasury Yields Since May
U.S. Government Debt: Interest Rate Movements The rates on United States government debt securities have taken a noticeable dip, moving towards their most substantial one-day drops since May. This trend can be directly attributed to the consumer price index (CPI) for June’s findings, which indicate a further easing of the U.S. inflation rate. These dynamics […]
Ethereum Price Plummets! Have Bulls Called It Quits or Is It Just the Beginning?
Ethereum Price’s Downward Trend Continues: Insights and Analysis In recent trading trends, Ethereum price’s trajectory appears to be on a worrying slide, as it extended its declining trend below the $1,900 benchmark against the US Dollar. Current observations show that Ethereum is testing support at a level around $1,825, as Ethereum enthusiasts watch with bated […]
Joby Aviation Stocks Plunge 13% – On Route for Their Steepest Annual Decline Yet!
Massive Dip in Joby Aviation Inc. Share Prices In a recent development that left many investors and market watchers startled, shares of Joby Aviation Inc., using the ticker JOBY, experienced a precipitous fall of over 13% on a single trading day. This particular event on Thursday marked the most significant one-day percentage decline the company […]
S&P 500 Shakeup: Three-Day Winning Streak Ends with U.S Stocks Closing Lower!
About U.S. Stocks Performance On Wednesday, U.S. stocks saw a minor dip, marking an end to three consecutive trading days of gains. This shift in the stock market was influenced by several key factors which include the minutes from the Federal Reserve’s June meeting and evidence of slowing economic growth in China. A brief rundown […]
Exxon Stock Takes a Plunge: Q2 Profits Threatened by Looming Natural Gas Price Drop!
In its recent announcement, Exxon Mobil Corp.XOM, a leading player in the energy sector, projected a reduction in their second-quarter profits. This is primarily a result of the persistent slump in natural-gas prices. The impact on profitability is slated to be induced on its upstream operations–which majorly involve the initial stages of energy production including […]