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Owners of Monero (XMR) and Ripple (XRP) are paying close attention to the LNEX Network (LNEX), which is expected to expand in the future. meanwhile Lunex Network pre-sale It continues to gain momentum, with unique features such as cross-chain functionality and low transaction fees attracting cryptocurrency fans. The prediction of significant price increases and strong market demand make the Lunex Network a contender for everyone exploring new possibilities outside of traditional cryptocurrencies. Monero (XMR) maintains momentum despite legal issues Monero (XMR) takes privacy very seriously. Since its launch in 2014, Monero coin has employed advanced encryption strategies such as Ring…

In the final weeks of the presidential campaign, some polls and prediction markets indicate that Donald Trump could return to office in January 2025. For the first time since August, a former president overtook Vice President Kamala Harris in first place. economist's statistical model for the US presidential election and some other news organizations and political forecasters predict the same outcome. Prediction markets like Polymarket and PredictIt also show Trump won the election, but the margin is much larger than some polls. As of Wednesday, Polymarket users indicated Mr. Trump had a nearly 64% chance of winning the election, while…

Today we will get the latest PMI. US PMI is important, but at least it doesn't determine yields. The lower Eurozone PMI forecast has strengthened the idea that the ECB will cut rates further in December. Interestingly, Gilts rose 6 points after Britain's Finmin Reeves suggested that she could borrow more for infrastructure, and the market believed her. The winning points have been reduced to 3 points, but there is still more left. This idea also suggests that the central bank will slow down its rate cuts. Reuters said: “This helped premium investor demand for holding UK 10-year bonds against…

Euro macro: Eurozone composite PMI remained unchanged at 49.7 in October (49.6 in August). It is slightly below the neutral level, indicating a slight decline in business activity in the euro area at the beginning of the fourth quarter. This was in line with our and consensus expectations. Weak domestic demand is the main reason for the weak business momentum, as there are new signs that the eurozone's economic recovery is slowing.Looking at the subcomponents the link between economic performance and the inflation outlook are becoming more clear. First, weak demand in recent months is forcing companies to restructure, reducing…

CryptoQuant CEO Ki Young Ju predicts that Bitcoin will likely evolve into a widely accepted “currency” by 2030, consistent with the original vision of its pseudonymous creator Satoshi Nakamoto.Ju shared this outlook in a post on X (formerly Twitter) on October 24th.”Reduced volatility”Ju pointed out that the difficulty of mining Bitcoin has increased by 378% in the past three years due to increased competition in this field. He explained that when Bitcoin first appeared in 2009, an individual miner could mine 50 Bitcoins with a simple PC.However, mining is now dominated by large corporations backed by institutional investors, making it…

Investing.com — Bitcoin prices stabilized on Thursday after falling from recent highs as expectations for a close presidential election and relatively high U.S. interest rates continued to steer traders away from the cryptocurrency. Rising risk aversion also largely suppressed crypto trading volumes, while overnight losses in the stock market also gave a moderate cue to the crypto market. While most altcoins also tracked Bitcoin's quiet movement, Solana has rebounded by overtaking its peers with increased activity on the blockchain. It rose 1.6% to $67,488.0 by 8:54 ET (12:54 GMT). The token has been stuck for the past two sessions after…

Solana took advantage of Bitcoin's rally to overtake Ethereum. Can ETH recover as momentum shifts? It is loosely referred to as the “Ethereum killer.” Solana [SOL] has shown great resilience during this bullish cycle. It earned this title not only by its market capitalization, but also by consistently ranking among the top weekly gainers. Ethereum [ETH] It remains flat. In this cycle, SOL is growing as BTC reaches key psychological levels and attracts investors looking to move capital to reduce risk. This is an advantage that ETH once held. SOL leads ETH Even though ETH's market cap is $300 billion,…

EUR/USD maintains support around 1.0760, although the short-term outlook remains subdued amid weak business activity in the euro area. Traders are looking for new clues about the size of the ECB's expected rate cut in December. EUR/USD also benefited from a slight correction in the USD. EUR/USD added some gains in North American trading on Thursday at the expense of the US dollar (USD). The US dollar index (DXY), which measures the value of the US dollar against six major currencies, has adjusted slightly to around 104.20 after hitting a 12-week high around 104.50 on Wednesday. However, the near-term outlook…

Solana, XRP, and XYZVerse are all gaining traction in the crypto world, but which one will take the lead? Solana has shown a strong price increase, while XRP is trading between resistance and support levels. XYZVerse is making waves as the new meme coin champion. Let's take a closer look at how each of these cryptocurrencies is working and what experts predict for the future. Solana (SOL) Solana (SOL) has been making waves lately with consistent price increases. In the last week alone, SOL's price has increased by 7.81%. In the past month, it has increased by 15.38%, and in…

Ripple’s price has been unable to continue its upward momentum and has been bearish in recent weeks. However, the momentum in recent days has been very turbulent, resulting in unstable price action and questioning the trend. Bitcoin Price Analysis: Technical technical analysis Written by Edris Derakhshi (TradingRage) daily chart The daily chart shows the price has been making higher highs and lower lows since rebounding from the $52,000 support level in September. The 200-day moving average located near the $64,000 level was also broken to the upside. However, the market did not manage to break above the key resistance level…