Gold prices rose modestly following US inflation data showing a 0.4% increase in August CPI, matching expectations. Core inflation was slightly higher than forecast, which may prompt the Federal Reserve to raise interest rates next week. This potential rate hike poses a challenge for gold's price momentum despite its initial gains. Investors remain cautious as inflation remains elevated but stable.
TSMC reports that demand for AI chips remains significantly higher than its production capacity. This supply-demand gap highlights the strong growth potential in the AI semiconductor market. As a result, investors see Nvidia, a leading AI chipmaker, ...
Uniswap's UNI token has fallen over 30% from its $10.90 peak due to heavy inflows to exchanges, especially Binance, which saw daily inflows above $40 million in late September. These inflows suggest selling pressure, but a potential double bottom pat...
Internet Computer (ICP) recorded $86,172 in on-chain fees over a seven-day period ending Oct. 16, down 11.1% from $96,924 ten days earlier. These fees represent payments for network activity, not corporate revenue, and are paid in cycles converted fr...
On November 1, Ripple's escrow contract for up to 1 billion XRP tokens will expire, releasing them into the market. However, historical data shows that on average only 300 million tokens remain in circulation monthly after most are locked back into n...
The PUMP token experienced a 4.06% price drop within one hour, falling to $0.004469 as of 7:15 p.m. ET on October 16. During this period, $940,000 worth of long positions were liquidated across Binance, Bybit, and OKX, while no short positions were l...
