“`html Dogecoin’s most recent two-week chart evaluation implies the cryptocurrency might be preparing for a fresh explosive surge. As per trader and market analyst Trader Tardigrade, the Relative Strength Index (RSI) for Dogecoin has positioned itself at levels comparable to those observed prior to price surges in the last couple of years. This technical insight is based on Dogecoin’s consistent uptrend along a long-established support line since 2023 and indicates its price movement is currently in a potentially early phase of accumulation prior to another rise. Related Reading Dogecoin RSI Now Displaying Pre-Breakout Indicators The RSI serves as a metric…
Autore: wsjcrypto
“`html THE NATIONAL GOVERNMENT’S (NG) remarkable liability decreased to P17.46 trillion at the conclusion of September, yet remained above the annual forecast, information from the Bureau of the Treasury (BTr) indicated. BTr information revealed that the total debt fell by 0.07% or P13.09 billion in September compared to P17.47 trillion at the close of August. September represented the second consecutive month of reduction in total debt. Nonetheless, this was still 0.6% above the anticipated year-end debt target of P17.36 trillion. “The ongoing reduction signifies the government’s robust fiscal management, strategic borrowing approach, and proactive liability oversight, bolstered by stable market…
“`html A commonly utilized crypto market sentiment gauge has remained in ambiguous territory despite enhanced clarity regarding trade relations between the US and China. This comes as US President Donald Trump finalized a trade agreement with China this week.Nevertheless, certain crypto analysts propose that the announcement could soon yield a favorable effect on the crypto landscape.The Crypto Fear & Greed Index, which evaluates overall crypto market sentiment, reported a “Fear” score of 37 on Sunday, an increase of 4 points from its “Fear” score of 33 on Saturday. This minor increase follows the White House’s detailed statement elucidating the trade…
“`html European Central Bank (ECB) chairperson Christine Lagarde published a declaration on Friday praising the digital euro, a central bank digital currency (CBDC), as an integrating element in the European Union (EU) and stated that the ECB intends to introduce it “as soon as feasible.”“While physical currency will persist in circulation, we desire cash to also exist in the form of a digital euro,” Lagarde mentioned, further explaining that the central bank digital currency could facilitate online transactions within the EU. She proceeded:“This is a significant undertaking because the euro represents our currency, your currency. It unites us. It’s a…
“`html Steak ’n Shake is creating history as the first significant eatery to form a Strategic Bitcoin Reserve. All transactions received in Bitcoin will now contribute to their Strategic Bitcoin Reserve (SBR), signifying an exciting and substantial advance into bitcoin integration for the fast-food establishment. As part of the program, the organization will donate 210 sats from each Bitcoin Meal sold to the Open Sats Initiative, Inc. over the subsequent 12 months. Patrons who buy and register their Bitcoin Steakburger via the Fold App will also receive $5 in complimentary Bitcoin, with guidance included on their receipts. This action follows…
“`html By Katherine K. Chan HEADLINE INFLATION might have subsided year over year in October despite high prices of certain commodities and the peso’s recent poor performance, according to the Bangko Sentral ng Pilipinas (BSP). According to the central bank’s month-ahead projection, inflation probably landed between 1.4% and 2.2% in October, slower than the 2.3% figure recorded in the same month last year. At the highest end of the projection, inflation likely increased from 1.7% in September, marking the quickest pace in nine months, or since the 2.9% rate in January. At the lower end of the projection, inflation could…
“`html Reliable Editorial content, assessed by prominent industry specialists and experienced editors. Advertisement Disclosure Custodia Bank, the well-known cryptocurrency institution established by Caitlin Long, has encountered another judicial obstacle in its pursuit of a Federal Reserve master account. Remarkably, the Wyoming-based organization could not obtain a beneficial appeal verdict following an initial court dismissal in March 2024. Appeals Court Affirms Fed Decision In Custodia Matter In 2020, Custodia Bank submitted a request to the Federal Reserve Bank of Kansas City (FRBKC) seeking a master account, which would provide the crypto-oriented institution direct access to the Federal Reserve’s payment framework, permitting…
“`html Bank Negara Malaysia (BNM), the nation’s primary bank, has revealed a three-year strategy to investigate and trial asset tokenization throughout the financial landscape.As part of the initiative, BNM will initiate proof-of-concept (POC) endeavors and live pilot projects via its Digital Asset Innovation Hub (DAIH), established earlier this year, the central bank declared on Friday. An essential component of this strategy is the formation of an Asset Tokenization Industry Working Group (IWG), which will manage industry-wide exploration, disseminate knowledge, and pinpoint regulatory and legal obstacles. The working group, co-directed by BNM and the Securities Commission (SC), will initially concentrate on…
“`html Solana (SOL) is currently valued at approximately $186, following a rather chaotic performance over the last week. While the prominent altcoin certainly exhibited considerably erratic price movements, bearish sentiments prevailed, culminating in an overall loss of 4.37%. Notably, renowned analyst Ali Martinez has pointed out an essential price threshold for Solana investors’ focus amidst the ongoing market ambiguity. Soar Or Plummet? Solana’s Prospects Depend On Crucial Price Level In a recent X post, Martinez explores the current Solana market framework, emphasizing several potential scenarios linked to the $180 price threshold. Significantly, the daily chart illustrates that Solana has been…
“`html In light of the escalating consequences of climate change, particularly impacting the nation’s farming sector, numerous intelligent agricultural technologies are being implemented to assist sugarcane growers in adjusting, as stated by the Department of Science and Technology (DOST). Climate change has led to an estimated P463 billion in losses for the Philippines, with approximately 62.7% or P290 billion attributed to the agricultural sector due to severe weather incidents such as typhoons and extreme heat, as per a 2021 report from the United Nations World Food Programme. Sugarcane, one of the key crops of the nation, has not been immune…