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Unlock Editor's Digest for freeFT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter.Eurozone inflation rose to 2% in October, meeting the European Central Bank's target and reducing the likelihood of a half-point rate cut in December. The annual data from EU statistics agency Eurostat was slightly higher than the 1.9% expected by analysts polled by Reuters. “The goal is in sight, but I am not going to say that inflation has been defeated yet,” ECB President Christine Lagarde said in an interview with French daily Le Monde published Thursday ahead of the October figures. spoke. Combined…

Macro guru Raul Pal says if Solana (SOL) regains significant levels, it could signal that the broader crypto market has entered the most explosive phase of the cycle. That's what I think. Real Vision's CEO tells his 1 million followers on social media platform “We are looking for final confirmation from others as BTC is well above $70,000. SOL is above $185.” Source: Raul Pal/X Pal says that a major cryptocurrency uptrend could soon begin as SOL and other digital assets appear to be showing a breakout pattern. “Hopefully we can break through all these levels and get on with…

Toncoin is seeing a growth in its user base, with recent data showing a surge in TON holders, potentially allowing the network to surpass Ethereum in user adoption. Although the token has seen a notable increase in holders, profitability remains a concern, and the asset's market performance in the coming weeks will largely depend on its ability to overcome technical resistance levels. Toncoin was launched in 2018 by the popular messaging app Telegram and has since seen its value and market adoption skyrocket on the open network. The significant increase in user base suggests that…

The Ethereum (ETH) network is struggling to break above $3,000. Altcoins have continued to move sideways in recent months. However, several bullish factors are coming into play, which could mean turning a new page. In this article, we will take a deep dive into how Ethereum could rise significantly in the coming month.Also read: Elon Musk's Doge Flex drives Dogecoin higherEthereum current price levelEthereum has had an eventful day, witnessing a nearly 3% rise in the past 24 hours. At the time of writing, the largest altcoin was trading at $2,525.35. Under these circumstances, the amount of assets per day…

In a bold but not surprising move, Micro Strategy Co., Ltd. MSTR CEO michael saylor The company stated that Bitcoin BTC/USD as treasury reservesIt affects the whole world finance. what happened: During the company's third-quarter earnings call on Tuesday, Saylor expressed confidence that Bitcoin has the potential to correct unhealthy balance sheets of both public and private companies. “Bitcoin will fix the balance sheet. It will bring your stocks back to life. It will bring your options back to life. It will bring volatility,” Saylor said. Saylor said he speaks regularly with executives from public and private companies and highlighted…

(Alliance News) – On Thursday, Europe's main stock markets confirmed expectations and opened in negative territory until a series of related publications on macroeconomic aspects between Italy and the euro area were released. Accordingly, the FTSE Mib opened 0.6% in the red at 34,283.62, with mid-caps down 0.3% at 46,257.08, small-caps at 28,285.21 and Italian growth stocks up 0.1% at 7,949.18.In Europe, London's FTSE 100 is in the red by 0.5%, Paris' CAC 40 is in the red by 1.1%, and Frankfurt's DAX 40 is also in the red.In macroeconomic news, data released Thursday by the Federal Statistical Office showed…

Bitcoin's recent price rise represents a complex interplay of political dynamics and economic factors, with the upcoming US presidential election being one of the most important factors.According to Matthew Siegel, head of digital asset research at VanEck, Bitcoin's recent price rise represents a complex interplay of political dynamics and economic factors, with the upcoming US presidential election being the most important factor. It is said that it will become one.Siegel compared current market conditions to trends evident during the 2020 election cycle. He noted that Bitcoin generally tends to plateau in the months leading up to an election, and only…

EUR/GBP stalled even as the dovish mood surrounding the ECB faded following strong eurozone GDP data. Traders are awaiting Thursday's Eurozone Harmonized Consumer Price Index (HICP) data. The UK budget includes a £40bn tax increase aimed at reducing the budget deficit and increasing funding for public services. EUR/GBP fell slightly at around 0.8360 in early European time on Thursday, following strong gains in the previous session. Any downside could be limited as the euro could receive support from investors who back off on expectations of a big interest rate cut by the European Central Bank (ECB) in December. This change…

EUR/USD has maintained its strength around 1.0850 due to strong GDP growth in the euro area and hot inflation in Germany. ECB President Lagarde expects further interest rate cuts and expressed hope that inflation will return to the central bank's 2% target. The USD will be influenced by the US presidential election, NFP and ISM Manufacturing PMI data. Following Wednesday's sharp recovery, EUR/USD remains hovering around 1.0850 in European trading on Thursday. Traders at December's monetary policy meeting said the European Central Bank (European Central Bank) Major currency pairs rose as investors refrained from betting on a significant rate cut…

8:25 ▪ 3 Minimum read time up to ▪ Micaiah A. There is fierce competition in the blockchain field. Who will dethrone Ethereum? One of the most ambitious competitors, Solana is leading the dance and making more and more progress. Recent numbers show that Solana's DEX (decentralized exchange) activity is outpacing Ethereum mainnet activity, an achievement made possible thanks to developer efforts and the rise of Raydium. is. Solana leads in DEX Solana News: Since the beginning of this year, Solana’s DEX volume spikes dramaticallyreaching 168% of Ethereum mainnet. characteristic progress Remarkable market share expansion: Even though Raydium only accounted…