After being in a downtrend for over 90 days, Dogecoin [DOGE], the largest memecoin, appears to be breaching its prolonged descending trendline. This trendline has a strong history of triggering selling pressure, but this time, sentiment seems to be shifting as whale activity and trader confidence skyrocket.
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After a week-long rally, which saw JasmyCoin [JASMY] jump 23.76%, the altcoin has turned bearish. In fact, it claimed the second spot among top market losers, sliding more than 7% in just one day. It remains unclear what influenced the price drop. Moreover, trading volume concurrently shrank by 26.93% to $60.97 million, clearly highlighting weaker…
Amid market uncertainty, Shiba Inu [SHIB] appears bearish and is poised to continue its downward momentum. This negative outlook is likely driven by bearish price action and weak interest from traders and investors.
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It’s no secret that volatility has been the name of the game in the stock market over the past couple of weeks. President Trump’s announcement of new trade tariffs spooked investors, as uncertainty surrounding the future of economic activity and growth targets has become cloudy at best. However, even in the midst of all this…
In a potential landmark discovery, scientists using the James Webb Space Telescope have obtained what they call the strongest signs yet of possible life beyond our solar system, detecting in an alien planet’s atmosphere the chemical fingerprints of gases that on Earth are produced only by biological processes. The two gases – dimethyl sulfide, or DMS, and dimethyl disulfide, or DMDS – involved in Webb’s observations of the planet named K2-18 b are generated on Earth by living organisms, primarily microbial life such as marine phytoplankton – algae. This suggests the planet may be teeming with microbial life, the researchers said. They stressed, however, that they are not announcing the discovery of actual living organisms but rather a possible biosignature – an indicator of a biological process – and that the findings should be viewed cautiously, with more observations needed, Reuters reported. Nonetheless, they voiced excitement. These are the first hints of an alien world that is possibly inhabited, said as
The Saudi Cultural Development Fund (CDF) has announced in a press release its participation at Expo 2025 Osaka, which takes place in Japan from April 13 to October 13, as part of the Saudi Pavilion. Its presence at the Expo underscores Saudi Arabia’s commitment to developing the cultural sector and strengthening its role as a driver of economic growth and long-term sustainability—aligned with the National Culture Strategy and Vision 2030’s goals for economic diversification. CDF will contribute to highlighting Saudi Arabia’s rich heritage and flourishing cultural identity, shaped by Vision 2030. According to SPA, it aims to welcome global investment, foster cultural entrepreneurship, and encourage innovation, while showcasing the sector’s potential to contribute to sustainable development. It will also organize a range of activities that spotlight investment opportunities within Saudi Arabia’s cultural landscape. A key focus will be on cultural entrepreneurship and businesses as drivers of economic growth an
The Turkish central bank hiked its key interest rate by 350 basis points to 46% on Thursday, in a surprise move that reversed an easing cycle and slightly boosted the lira, following market volatility in the wake of last month’s arrest of Istanbul’s mayor. The bank also lifted its overnight lending rate again, to 49% from 46%, after having already raised it last month in an unscheduled decision following the arrest. In addition, the overnight borrowing rate was lifted to 44.5% from 41%, underlining the hawkish reversal in monetary policy. “Monthly core goods inflation is expected to rise slightly in April due to recent developments in financial markets,” the central bank’s policy committee said in releasing the decision, Reuters reported Leading indicators suggest domestic demand is above projections, “suggesting a lower disinflationary impact,” it said. “Inflation expectations and pricing behaviour continue to pose risks to the disinflation process,” the bank said, adding it would tighten further “in case a
Bitcoin [BTC] has found an unexpected source of stability — ETFs. For the past month and year-to-date (YTD), U.S. spot Bitcoin ETFs have experienced positive, steady inflows. Leading the charge is BlackRock’s IBIT, with a staggering $2.4 billion in flows this year so far. According to Bloomberg ETF data, this places it among the top…
Bitcoin [BTC] network adoption has dipped to ‘bear market’ levels and could derail any expected strong recovery in the short term. According to on-chain analyst JA Maartun, BTC network activity ‘slowed’ below the yearly Moving Average (365-day MA). This mirrored ‘bear market’ levels seen in 2022 and 2018.