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Cybro, a new competitor in the cryptocurrency space, is attracting investor interest with its unprecedented growth prospects. With Ethereum's price growth stagnant and Bitcoin's momentum weakening, emerging tokens are currently attracting attention. This article looks at which cryptocurrencies are poised for big profits and why experienced investors are paying close attention. CYBRO overcomes market headwinds and powers DeFi investments with smart AI solutions CYBRO is The power of artificial intelligence Maximize your earning potential with the Blast blockchain. Although still in its early stages, this groundbreaking project has already captured the imagination of cryptocurrency enthusiasts and is driving the adoption…
Considering 2020, there has been a surge in crypto holdings among retail investors, consistent with the latest report by the International Organization of Securities Commissions (IOSCO). The report, released on October 9th, shows that 30% of retail traders in the six jurisdictions surveyed owned cryptocurrencies last year, and many of the relationships in 2020. This is a sharp increase from the range of 1% to 5% that was reported through the media. The report highlights how interest in cryptocurrencies has continued to develop despite market volatility, with a major economic downturn at some stage during the 2022 “crypto winter”. There…
Ethereum and the broader cryptocurrency market experienced a sharp downturn following rising geopolitical tensions in the Middle East. Ethereum (ETH) has been showing red candlesticks for six consecutive days. However, the famous crypto whale “Seven Brothers” with over $2.2 billion in assets acquired over 28,000 ETH (worth $66 million) during the recent $2,350 drop. This has left Ethereum investors in fear, uncertainty, and doubt. Investors who doubted Ethereum's recovery are jumping on board with a new utility meme coin, CUTO, on the Ethereum network. Investors are getting into this new token early to maximize their potential for 100x returns. Ethereum…
on the radar Croatia's trade deficit reached 1357 million euros. Romania's trade balance was -2.88 billion euros, and the final GDP for the second quarter of 2024 was revised upward (0.3% compared to the previous quarter, 0.9% compared to the previous year). In Hungary, inflation fell to 3.0% year-on-year in August. In the Czech Republic, inflation rose to 2.6% y/y (2.0% y/y) in August, slightly higher than expected. In Slovakia, industrial production increased by 0.9% year-on-year in August. Slovenia will announce its industrial production growth at 10:30 am CET. At 11 a.m. Central European Time, Croatia published producer prices. Finally,…
Hedge fund manager Hugh Hendry is betting on Bitcoin (BTC) and low interest rates next year. Hendry said there are “always two tail risks” to short volatility investing strategies, which aim to make money by reducing market volatility by selling options. “Do you want to buy a call option where Mag-7 is capitalized at 100% of GDP, or do you want to buy a call option where interest rates fall quickly to the floor? That's why I'm going to keep watching to see what inventory levels look like on the day of the next rate cut. I'm moving the barbell:…
Prelude to crisis The debt crisis was preceded and, to some extent, precipitated by the global financial recession that worsened the economy in 2008-2009. When the “housing bubble” burst in the United States in 2007, banks around the world found themselves flooded with “toxic” debt. Many of the so-called subprime loans that fueled the huge increase in homeownership in the United States began with low “teaser” interest rates that rose to double-digit rates available to homebuyers in later years. It was a variable rate mortgage. They can no longer afford it, leading to widespread defaults. Mortgage lenders often don't just…
The crypto market in 2024 is introducing new projects and trends that are likely to capture the attention of both casual investors and seasoned traders. Among the most talked about developments are the launch of new presales and the meteoric rise and fall of meme coins. While well-known names like Dogecoin and Shiba Inu maintain their relevance, new players like Pepe Unchained, Crypto All-Stars, and Dogwifhat are claiming their spot. This year has seen a number of projects with innovative features that attract investors looking to take advantage of the next best thing. One of the most exciting new crypto…
Qubetics powers Ethereum scaling with EVM compatibility, FET leads AI blockchain, Monero faces market volatilityIn a world increasingly reliant on digital transactions, traditional financial systems often suffer from inefficiencies, resulting in long transaction times and high fees. These challenges can stifle innovation, hinder economic growth, and make it difficult for businesses and individuals to thrive. Qubetics is making waves in the cryptocurrency space by offering EVM compatibility, one of the most sought-after features in blockchain technology. This powerful feature allows developers to seamlessly deploy and extend their existing Ethereum-based tools and decentralized apps (dApps) on the Qubetics platform.As the Ethereum…
Veteran technical analyst Peter Brandt recently suggested that Bitcoin continues to outperform gold in the long-term store of value story. He pointed this out in his latest book Analysis of BTC/GLD ratio. According to To market veterans, this premium crypto asset has been steadily “kicking gold’s butt” and could be on the verge of a monumental rally if it can break through key resistance levels. Bitcoin vs Gold In his chart, Brandt reveals a long-term upward trend in the BTC/GLD ratio, showing the increasing strength of Bitcoin relative to gold over the past few years. This ratio has previously been…
Investing.com — Bitcoin prices fell further and lost further ground on Thursday as risk appetite remained subdued ahead of key US inflation data that is likely to be factored into the interest rate outlook. The world's largest cryptocurrency was also weighed down by speculation about a sale of large amounts of tokens held by the U.S. government, but such a sale still seemed a long way off. The broader crypto market also fell on Thursday, lagging far behind gains in other risk-driven markets, especially stocks. By 12:50 a.m. ET (4:50 p.m. Japan time), shares were down 2.3% to $60,919.2. CPI…