US Dollar Takes a Dive as S&P 500 Reaches All-Time High: A Recap of Today’s Forex Market News

January Economic Data Shows Mixed Results US Consumer Sentiment Higher Than Expected The US January UMich preliminary consumer sentiment came in at 78.8, surpassing the expected 70.0. This indicates that consumers are feeling more optimistic about the economy, which could lead to increased spending and investment. US Existing Home Sales Decrease in December On the…

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Bitcoin’s Price Drop Doesn’t Deter Cathie Wood – Supported by the Power of the Largest Computer Network

Cathie Wood Stands Firm in Support for Bitcoin Despite Weekly Decline What Happened Cathie Wood, CEO of Ark Invest, has expressed her unwavering support for Bitcoin (CRYPTO: BTC) despite a recent 5% weekly decline in its price. In a tweet, Wood highlighted that Bitcoin is backed by the world’s largest computer network. This comes as…

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Clever, Personable, and Unconventional: A Reader-Friendly Rewrite of Ripple CTO: XRP Distribution at 99%

Cryptocurrency Distribution: Unraveling the XRP Mystery The Genesis of XRP The initial distribution of cryptocurrencies such as XRP has always been a contentious topic within the crypto community. Speculations and conspiracy theories often arise surrounding the allocation of token supplies during the Genesis phase. This has led to intense debates among investors and community members,…

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Garland: Justice Department Cases are Non-Political and Urges Swift Trials

Attorney General Garland Defends Justice Department Professionally Defending Justice On Thursday, Attorney General Merrick B. Garland strenuously defended the Justice Department from claims that the federal charges against Donald J. Trump, led by special prosecutor Jack Smith, were influenced by political biases. Speaking to CNN, he acknowledged his concern over the Republicans’ impression that Mr….

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NZD/USD: A Technical Analysis – Support Tested and Consolidation Begins, Setting the Stage for Next Week’s Battle for Control

NZD/USD: A Technical Analysis – Support Tested and Consolidation Begins, Setting the Stage for Next Week’s Battle for Control Description: The NZDUSD moved lower in the early part of the week, helped by technical breaks and slower growth in China. The move to the downside continued until the price moved into a key cluster of…

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