Bitcoin (BTC) Forecasted for Resurgence in 2024 Introduction After a tumultuous 2022, Bitcoin (BTC) is poised for a remarkable resurgence in 2024, according to a consensus of industry experts. This comprehensive analysis delves into the key factors driving this positive sentiment, including the highly anticipated Bitcoin halving event, surging institutional adoption, and the introduction of…
Last Friday Market Analysis Market Psychology Last Friday, the S&P 500 rallied strongly for no apparent reason with the market seemingly careless about the US CPI release tomorrow. Overall, the path of least resistance remains to the upside given the pickup in economic data with even the leading indicators turning around. There are still risks…
Cryptocurrency Market Update: Bitcoin Hits $46K, ETFs Break Records Amid Economic Caution Riding the Bitcoin Wave Bitcoin has once again made headlines as it surges past the $46,000 mark, marking a remarkable 3.50% increase in value. This marks yet another milestone in the world of digital currencies, as investors continue to flock to this popular…
Welcome to the Wonderful World of Orby Network! What’s the Buzz About Orby Network? Have you heard the exciting news about Orby Network? If you’re a fan of crypto lending and decentralized finance, you’re going to love this! Orby Network, the Cronos-based protocol, is shaking things up by introducing interest-free borrowing of $USC. That’s right…
KAMPALA – The Deputy Speaker of Parliament Thomas Tayebwa has directed the Ministry of Education and Sports to institute powerful sanctions against schools that are charging exorbitant school fees. This is after several complaints from the public. During plenary on Wednesday, February 7, 2024, the Deputy Speaker said parliament has extensively handled the matter. It…
Treasury yields inch higher as the push and pull continues ECB’s Schnabel: The challenges of bringing inflation down This week has been a rollercoaster ride for investors as treasury yields continue to inch higher amidst conflicting economic data and central bank statements. The European Central Bank’s Isabel Schnabel has highlighted the difficulties in bringing inflation…
ASC Student Supercomputer Challenge 2024: A Look into the Future of Technology Preliminary Results Announced The preliminary results for the 2024 ASC Student Supercomputer Challenge (ASC24) have been announced. Over 300 universities worldwide participated, with twenty-five standout teams advancing to the finals. Among the finalists are renowned institutions such as Huazhong University of Science and…
Copper Prices React to Chinese Stock Market and US Economic Growth The Influence of Chinese Stock Market on Copper Prices Copper prices quickly erased all the gains from the People’s Bank of China (PBoC) Required Reserve Ratio (RRR) cut announcement as the mood in the Chinese stock market dwindled. Lately, there has been a correlation…
