The cryptocurrency market has been bearish over the past 24 hours, with Bitcoin and Ether currently in the red. Bitcoin hit the $70,000 mark on Monday but is now down 1.4% and is trading around $68,400. Ether also risks dropping below $2,000 if the selloff persists. However, ZEC, the native coin of the Zcash ecosystem,
Novo Nordisk announced on Tuesday that it is making a higher-dose version of its popular weight-loss medication, Wegovy, available across the United States. The new 7.2-milligram dose, branded as Wegovy HD, was recently approved under the FDA Commissioner’s National Priority Review Voucher program last month, marking a significant development in obesity treatment options. Before this
China is intensifying its push toward a fully digitized financial system after urging banks to integrate blockchain technology into lending and tax data infrastructure. The directive, issued by the State Administration of Taxation and financial regulators in China, shows a deeper interest in transforming how credit is assessed and distributed across the Chinese economy. Authorities
European currencies have moved into consolidation after a brief recovery, as traders remain cautious amid an uncertain geopolitical backdrop. Price action reflects a balance between a softer US dollar and limited momentum for further gains in the euro and pound, keeping both pairs range-bound. Developments around Iran remain the main driver. Although global markets have
The Nasdaq Index is having a difficult year amid concerns about the ongoing US-Iran war and the private credit industry. It has retreated by over 8% from its highest point this year. This article explores some of the top gainers and laggards this year. Memory chip companies are the top gainers in the Nasdaq 100
The closure of the Strait of Hormuz has answered a question the energy world had been debating for a decade. What does it actually cost to stay dependent on fossil fuels? With Brent crude near $120 a barrel, gas above $4 a gallon across every US state, diesel up 45%, and the IEA describing the
Given the clear daily uptrend, WTI crude oil can be expected to rise to the next resistance level 110.00 (which reversed the previous sharp upward impulse wave (1) , as can be seen from the daily WTI crude oil chart below). WTI crude oil broke round resistance level 100.00 Likely to rise to resistance
Markets face extreme volatility driven by crucial US jobs data, escalating Iran-US tensions spiking oil, and diverging global central bank policies. The High-Stakes US Employment Rebound The global financial community is currently holding its breath for the release of the March Nonfarm Payrolls (NFP) report, a data point that carries immense weight following February’s alarming
Gold prices recently approached the $4,800 mark before entering a corrective phase, while WTI crude oil continues to build upward momentum, with potential to push towards the $110 level. Key Points to Watch Gold advanced strongly towards $4,800 before facing a pullback against the US dollar. A notable bullish trend line is emerging, offering support
Given the strength of the support level 65000.00, Bitcoin cryptocurrency can be expected to rise to the next resistance level 75000.00 (top of wave a from last month coinciding with the daily down channel from October). Bitcoin recently reversed from support area Likely to rise to resistance level 75000.00 Bitcoin cryptocurrency recently reversed from