Ethereum Price Correction: Bears Push Down ETH Introduction The price of Ethereum recently spiked above the $3,000 resistance level, but it was short-lived as bears quickly appeared, causing a correction in the price. Currently, ETH is trading above $2,900 and the 100-hourly Simple Moving Average, indicating some support in the short term. Technical Analysis Ethereum…
Galaxy Digital CEO Warns of Possible Bitcoin Drop to $42,000 Amid Market Uncertainty The Post Galaxy Digital CEO, Michael Novogratz, voiced a cautionary note on Bitcoin’s future trajectory in a recent interview, predicting a possible dip to $42,000. Novogratz cited regulatory concerns and potential market corrections as factors that could trigger such a decline. Institutional…
Bank of Japan Governor Ueda Discusses Japan’s Trend Inflation and Monetary Policy Decisions Service prices rising moderately Recently, Bank of Japan Governor Ueda has emphasized the trend of inflation in Japan, stating that service prices are continuing to rise moderately. This signals a positive shift in the economy, indicating a strengthening of the positive cycle…
The Ripple vs. SEC Legal Saga: A Deep Dive into the Impact on XRP The Legal Battle Unfolds The cryptocurrency sphere is abuzz with the enduring legal saga between Ripple and the U.S. Securities and Exchange Commission (SEC), a legal tussle that continues to exert profound ramifications on the price dynamics of XRP. Brad Garlinghouse,…
Pan American Silver Reports Audited Financial Results for 2023 and Announces Intention to Make a Normal Course Issuer Bid VANCOUVER, British Columbia–(BUSINESS WIRE)–Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) (“Pan American” or the “Company”) reports fourth quarter (“Q4 2023”) financial results and audited financial results for the year ended December 31, 2023 (“FY 2023”)….
Unlocking the Potential: Arbitrum (ARB) Faces Potential Selling Pressure as 1 Billion Tokens Become Available in March Description: Arbitrum, the cryptocurrency network designed as a scalability solution for the Ethereum blockchain, has recently experienced a notable price correction, resulting in a drop in its native token, ARB. Over the past 24 hours, the token’s value…
Will the RBNZ Cry Wolf Again? Introduction The Reserve Bank of New Zealand (RBNZ) is set to make a decision on interest rates in the upcoming week. With inflation below the target level of 2%, the RBNZ is under pressure to take action to stimulate the economy. Will they opt to hold rates steady or…
Strong Fourth Quarter Performance Drives Revenue Increase for Coeur Mining, Inc. Fourth Quarter and Full-Year 2023 Results In a recent announcement, Coeur Mining, Inc. reported a strong fourth quarter performance that drove a 35% increase in quarterly revenue. The company highlighted impressive results from its operations at Rochester and Wharf, leading to a revenue of…
