Here’s why Cardano price has crashed and erased $84 billion in value
Cardano (ADA) price has crashed deeper than other altcoins this year, and is now hovering near its all-time low. It was trading at $0.1660 on Tuesday, down sharply from the record high of $3. This retreat has erased over $84
USD/JPY forecast as Goldman Sachs turns bullish on the Indian rupee
The Indian rupee retreated slightly against the US dollar on Monday as geopolitical tensions rose and after the US published a strong jobs report last week. The USD/INR exchange rate was trading at 95.2900, down modestly from the year-to-date high
Ethereum price: inverted cup & handle points to a crash amid ETF outflows
Ethereum (ETH) price stabilized a bit on Sunday, rising to $1,600 from the Saturday low of $1,512. It remains 34% from its highest point in May, and 67% below its all-time high. It has also formed an inverted cup-and-handle pattern,
QQQ, VOO, SPY ETFs are falling: Here’s why the stock market is crashing
Top US stock indices like the Nasdaq 100, S&P 500, and the Dow Jones are falling today, continuing a sell-off that started on Thursday. QQQ, which tracks the Nasdaq 100 Index, retreated to $708, down by 5.4% from its highest
London Stock Exchange share price rare pattern points to a surge to 13,440p
The London Stock Exchange (LSEG) share price has pulled back in the past few weeks, moving from the April high of 10,120p to the current 9,162p. This retreat will likely be brief as the company’s fundamentals are still strong and
USD/JPY forecast: Japanese yen crashes as traders predict 2 BoJ rate hikes
The Japanese yen continued its downward spiral today as the US dollar crash gained steam and as economists predicted that the BoJ will hike interest rates twice this year. The USD/JPY exchange rate jumped to 159.88, its highest point since
Here’s why the XRP price just lost a crucial support level today (June 3)
XRP price made a strong bearish breakout today, June 3, continuing a downtrend that started on May 14 when it peaked at $1.5486. It dropped below a crucial support level and reached its lowest point since February this year. It
Top 3 AI crypto coins to buy ahead of the OpenAI and Anthropic IPOs
Top AI crypto coins have continued their uptrend and are outperforming Bitcoin and other tokens this year as the artificial intelligence boom gains momentum and as top companies like OpenAI and Anthropic launch their initial public offerings (IPOs). Anthropic filed its
S&P 500 Index forecast: Goldman Sachs, Citi, Yardeni, Morgan Stanley
The S&P 500 Index is having a strong performance this year as it continues to reach new all-time highs each day. It soared to a record high of $7,580 last week, up by 20% from its lowest point this year,
KOSPI Index at a crossroads: Can South Korea’s bull run reach 10,000?
The KOSPI Index has entered the longest bull market in decades. After bottoming at KRW 2,132 in 2022, it has jumped by 295% to the current KRW 8,476. It has jumped by 100% this year and by 215% in the
Here’s why the SMCI stock price is nearing a golden cross
The Super Micro Computer (NASDAQ: SMCI) stock price extended its rally on Friday as the artificial intelligence supercycle gained momentum. It jumped to $48, its highest point since November 25, up by 145% from its lowest point this year. This
Here’s why Alibaba, Tencent, Xiaomi stocks are falling amid the AI boom
The biggest Chinese technology companies are underperforming the market despite the ongoing artificial intelligence boom. Xiaomi stock has plunged by 30% this year, while Tencent and Alibaba have dropped by 27% and 13%, respectively. They have suffered steeper declines from their
Here’s why the XRP price is in a deep dive today
XRP price crashed below a crucial support level today, May 28, as liquidations in the crypto industry. It also plunged amid the ongoing US-Iran tensions, and as investors rotated to the fast-growing space and artificial intelligence industries. Ripple dropped to
Is the Rolls-Royce share price heading to its all-time high?
Rolls-Royce share price has rebounded this week, helped by the rising hopes of a US-Iran deal, and after a recent Bloomberg interview with its chief executive in which he highlighted the company’s turnaround efforts. It jumped to 1,260p, up substantially
Brent crude oil price may crash to $58, rare chart pattern suggests
Brent crude oil price rose a bit on Tuesday as the US launched strikes against some Iranian targets and as Israel’s Benjamin Netanyahu urged the military to strike Hezbollah targets in Lebanon. It was trading at $95, a few points
WTI crude oil price gaps lower to $92 as Trump blasts Iran deal critics
The West Texas Intermediate (WTI) crude oil price retreated sharply, reaching its lowest level since May 7, as investors waited for the potential deal between the United States and Iran. WTI dropped to $92, down sharply from this month’s high
Here’s why Near Protocol, Ondo, and Hyperliquid crypto tokens are rising
Top crypto tokens like Near Protocol (NEAR), Ondo Finance (ONDO), and Hyperliquid (HYPE) were among the top gainers today, May 24, as investors bought their recent dips. NEAR token jumped by 13%, while Ondo and HYPE jumped by over 10%. Near
Plug Power stock gets a Bloom Energy boost: here’s why it may double
Plug Power stock price jumped by over 14% on Thurday, paring back some of the losses made in the past two weeks. It jumped to $3.78, a few points below the year-to-date high of $4.10. This rally happened as Bloom