Author: Sam Allcock

Binance Coin (BNB) is attracting significant attention due to a potential price increase. A notable chart pattern suggests a bullish trend might be on the horizon.The market is closely watching BNB, particularly its price movements, to identify any emerging trends that could influence its trajectory.The Binance Coin (BNB) price chart has revealed an intriguing reversed head-and-shoulders pattern. This formation, characterized by three troughs with the central one being the deepest, is often seen as an indicator of a potential shift from a bearish to a bullish trend. However, investors should approach this with cautious optimism as market dynamics can be…

In a significant development within the digital asset space, stablecoin issuers now rank among the top holders of US treasuries. According to a recent Bernstein report, these issuers have emerged as the 18th largest stakeholders, a testament to their growing influence.The stablecoin market has reached new heights, with the circulating supply surpassing $178 billion. This marks an all-time high and signals robust interest from various sectors. Notably, traditional financial players such as Revolut and PayPal are entering this burgeoning market, enhancing its credibility.This influx is largely driven by the performance of established stablecoins like Tether’s USDT, which holds a market…

The U.S. Securities and Exchange Commission (SEC) has made a formal request for additional time to produce key documents in its ongoing legal battle with Coinbase.In a recent filing, the SEC has asked the court for a four-month extension, citing the need to review a substantial number of documents.The SEC, in its latest move, has petitioned the U.S. District Court for the Southern District of New York for a four-month extension to submit essential documentation. This extension, if granted, will push the deadline to February 2025, allowing the SEC time to scrutinise over 133,000 unique documents related to Coinbase. The…

For sports enthusiasts keen on local sporting events, accessing MSG Network is crucial. This channel is a staple for fans of New York’s sports teams.If you have been wondering whether YouTube TV offers MSG Network, you’ve come to the right place. Here we discuss your viewing alternatives to ensure you never miss a match.YouTube TV and MSG Network AccessibilityUnfortunately, YouTube TV does not include MSG Network in its extensive channel list, which comprises over 100 live TV channels. This limitation can be a significant setback for sports enthusiasts in New York and those dedicated to teams broadcasted on MSG.The absence…

The global economic landscape is witnessing significant changes, with many countries seeking to reduce their reliance on the US dollar. This shift poses substantial challenges to the United States’ economic dominance.Former President Donald Trump, amid his ongoing political campaigns, has made bold declarations regarding the preservation of the US dollar. His strategies involve confronting nations considering de-dollarization to maintain the US’s economic stronghold.Countries worldwide are gradually distancing themselves from the US dollar, seeking alternatives for trade and financial transactions. The BRICS nations, including Brazil, Russia, India, China, and South Africa, have been pivotal in this movement, aggressively pursuing de-dollarization strategies.…

Cardano’s recent performance has been noteworthy, marking a significant surge. Over the past 24 hours, the cryptocurrency has climbed over 7%.This positive uptick in Cardano’s value comes amid a broader cryptocurrency market recovery, with Bitcoin also witnessing gains. Notably, Cardano has implemented updates enhancing its technological capabilities. Such advancement underpins investor optimism for its future trajectory.The cryptocurrency market is experiencing a notable recovery, with the Federal Reserve’s decision to reduce interest rates playing a pivotal role. Cardano, aligning with this bullish trend, surged over 7% within a day. While market sentiment is a factor, Cardano’s revamped technology stands out as…

In the dynamic landscape of cryptocurrency, certain digital assets remain hidden treasures, poised for significant growth.This article explores two under-the-radar cryptocurrencies with potential to surge by 200% before September concludes.Avalanche, a noteworthy player in the cryptocurrency sphere, serves primarily in the development of decentralised finance applications, financial assets, and blockchain networks. Since its inception, AVAX has demonstrated remarkable growth, ascending by 463%. Current predictions by CoinCodex suggest a potential spike of 223% by late September or mid-October, reaching a price of $84. At present, Avalanche’s value stands at $25.Experts recommend considering Avalanche as an opportunistic buy, given its current market…

The S&P 500 has reached an unprecedented peak after the Federal Reserve’s decision to cut interest rates by 50 basis points. This milestone marks a pivotal moment, offering insights into economic trends.This rate reduction, the first in four years, has been warmly received by investors. The decision is seen as a strategic move amidst ongoing inflationary pressures, setting a new course for market dynamics.Stock Market Surge Post Fed DecisionThe S&P 500 experienced a significant ascent following the Federal Reserve’s decision to reduce interest rates by 50 basis points. This adjustment marks the first such rate cut in four years, a…

Binance, a leading cryptocurrency exchange, has experienced a substantial 40% growth in institutional investment, reaffirming its strong market position.This surge highlights Binance’s resilience and adaptability, even amidst past challenges, positioning it well for future success.Binance’s Rise Amidst ChallengesBinance, a giant in the cryptocurrency domain, has witnessed significant growth in 2024, marked by a 40% increase in institutional investment. Despite facing leadership upheaval and hefty financial penalties, the platform continues to prosper. The exchange’s ability to attract major investors underscores its resilience and strategic positioning within the crypto market.The leadership transition to CEO Richard Teng, following the departure of founder Changpeng…

In a landscape marked by economic volatility, Bitcoin (BTC) has emerged as a point of interest for investors seeking stability. BlackRock, the world’s top asset manager, underscores BTC’s unique attributes in its recent report, bolstering its reputation as a ‘safe haven’ asset.BlackRock’s venture into crypto with its Bitcoin ETF earlier this year is a testament to BTC’s growing legitimacy. The financial behemoth sees Bitcoin as a vital component in risk management, especially during geopolitical disruptions, highlighting its scarcity and decentralised nature as key advantages.BlackRock’s Crypto Strategy and its ImplicationsBlackRock, managing assets close to $10 trillion, made waves with the launch…