The Federal Reserve’s decision to cut interest rates by 0.5% has positively influenced the cryptocurrency market.The market has responded with a notable rally, propelling Bitcoin above $62K and Ethereum past $2,400.Following the Federal Reserve’s rate cut, the cryptocurrency market experienced a substantial rally. This move has instilled confidence among investors, driving significant price increases across various digital assets. Bitcoin, the flagship cryptocurrency, surged beyond $62K, marking a significant milestone. Ethereum also demonstrated resilience, crossing the crucial $2,400 threshold. The overall market valuation increased by 3%, reaching $2.14 trillion, reflecting an enhanced investor sentiment that shifted from ‘fear’ to ‘neutral’ on…
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Solana has introduced its second Web3 phone, the ‘Seeker,’ poised to redefine the mobile blockchain landscape.Unveiled at Token 2049 in Singapore, the device showcases advanced Web3 features set to captivate the tech-savvy and crypto-focused audience.The Launch of the Seeker PhoneSolana has officially announced its second Web3 phone, named the “Seeker.” This launch signifies a major step forward in the crypto-centric technology space, with the device boasting numerous Web3-focused features. The unveiling took place at the Token 2049 event in Singapore, marking another milestone in Solana’s commitment to innovation.With an impressive pre-sale of over 130,000 units across 57 countries, the Seeker…
Bitcoin’s recent ascent by 2% has captured the attention of investors. The Federal Reserve’s decision to cut rates has spurred fresh interest in the cryptocurrency market, sparking a wave of strategic assessments by investors.The Federal Reserve’s unexpected rate cut on September 18, 2024, has sparked considerable interest within the financial markets. By reducing its main interest rate by 0.5%, the Fed has incited changes among investors, particularly in the cryptocurrency sector. Bitcoin, which often mirrors the sentiment of traditional markets in response to economic shifts, saw a notable price increase.In the wake of the Fed’s announcement, Bitcoin experienced a 2.63%…
Jio Financial Services shares receive a ‘buy’ recommendation, targeting a new price of Rs 407.Amidst recent fluctuations, expert insights offer a promising outlook for potential investors.Analyst’s Insights and Stock PerformanceJio Financial Services shares have been consolidating on the charts, trading between Rs 325 and Rs 350 recently. Despite the dip by nearly 2% on a day when Sensex and Nifty climbed, analysts see this as a temporary setback. The broader market’s optimism following the Federal Reserve’s rate cut hints at potential growth ahead for Jio Financial Services.Analyst’s RecommendationShiju Koothupalakkal, a respected Technical Research Analyst at PL Capital, confidently recommends buying…
The crypto market is electrified with action following the U.S. Federal Reserve’s decision to cut interest rates by 50 basis points. This monetary policy shift is being closely watched, heralding significant changes in the altcoin landscape.As the dust settles, altcoins are emerging as the potential winners, with on-chain data indicating robust momentum. Key players such as Sui and Fantom are already making notable gains, reflecting the market’s dynamic response to these macroeconomic changes.On-Chain Data Signals Altcoin RallyThe crypto realm is abuzz following the U.S. Federal Reserve’s historic decision to cut interest rates by 50bps, a first in four years. This…
In a significant move, Next has again raised its profit forecast, aiming for the £1bn mark.The company’s annual profit forecast has been enhanced by £15m, reaching £995m, marking an 8.4% increase on last year.Next’s first-half pre-tax profit saw a rise of 7.1%, amounting to £453m for the six months ending in July.The group’s total sales, including those from its subsidiaries, climbed 8% to £2.9bn.Overseas sales proved a standout, with a 22.8% increase in the online division, supporting international growth.Next is making strides towards achieving a £1bn profit milestone, having adjusted its annual profit guidance upward by £15m. With this adjustment,…
Bitcoin has surged back into the spotlight, breaking past the $60K mark and igniting investor interest. As it trades at $62K, the pressing question remains: when will it peak? Analyst predictions and market trends may provide some insight.A renowned analyst has proposed a bold prediction for Bitcoin’s future trajectory, suggesting an upcoming bullish cycle. With the Federal Reserve’s recent rate cuts influencing the crypto’s momentum, understanding these forecasts could be critical for investors looking to capitalise on Bitcoin’s potential rise.Bitcoin’s current valuation at $62K is influenced by recent macroeconomic changes, specifically the Federal Reserve’s 50 basis points rate cut. This…
The departure of Mohsin Issa from Asda’s executive leadership has paved the way for Stuart Rose and Rob Hattrell to steer the company.Rose has publicly expressed disappointment with Asda’s recent performance, asserting the need for change in leadership.With a background at M&S and an understanding of retail dynamics, Rose is seen as a temporary solution to stabilize Asda.Retail experts hold mixed opinions on Rose’s effectiveness and the challenges he faces, including plummeting market share.Asda’s ongoing search for a permanent CEO faces obstacles, but the recent management shuffle offers hope for future stability.Mohsin Issa’s decision to step back from Asda’s executive…
Donald Trump has made headlines by using Bitcoin to buy burgers, marking a noteworthy moment in the cryptocurrency world.This surprising move aligns with Trump’s growing endorsement of digital currencies, captivating both supporters and sceptics alike.Trump’s Bold Move into BitcoinIn a surprising turn of events, Donald Trump has embraced Bitcoin in a public setting, buying burgers with the digital currency. This action further cements his evolving relationship with the cryptocurrency world, previously marked by skepticism. Trump’s transaction highlights a new direction in his financial dealings, potentially influencing his political strategy.Burger Purchase at New York’s PubkeyDonald Trump visited Pubkey, a renowned pub…
The ability to screen record on YouTube TV has transformed how audiences consume digital content. It is essential for those who wish to savour entertainment on their terms.Harnessing the power of screen recording allows users to capture their favourite moments across devices, providing unparalleled viewing flexibility in today’s fast-paced world.Unlocking the Potential of Screen Recording on YouTube TVScreen recording stands as a robust solution for capturing YouTube TV content. Utilising dedicated screen recording software empowers viewers to preserve entire broadcasts or selectively record sections, ensuring nothing from your favourite shows or live broadcasts goes unnoticed. One of the notable advantages…