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XAU/USD Breaks Out of Pennant Pattern, Gold Price Predicted to Rise to $2,043

The XAU/USD, also known as the gold price, has recently broken out of a pennant pattern, which is a bullish signal for the precious metal. This breakout has led many analysts to predict that the gold price will rise to $2,043 in the near future.A pennant pattern is a technical analysis chart pattern that forms when there is a period of consolidation after a strong price movement. The pattern is formed by two converging trendlines that form a triangle shape. The pennant pattern is considered a continuation pattern, which means

Societe Generale reports that historical trends do not support a stronger Peso in April against the US Dollar.

Societe Generale, a French multinational investment bank and financial services company, has recently reported that historical trends do not support a stronger Peso in April against the US Dollar. This report has caused concern among investors and traders who were hoping for a stronger Peso in the coming month.The Peso is the official currency of Mexico and is one of the most traded currencies in the world. It is closely tied to the US Dollar, as Mexico is one of the United States' largest trading partners. The strength of the

Newly Launched Core Carbon Principles: Ensuring Governance and Integrity for Carbon Credits

The world is facing an unprecedented challenge in the form of climate change. The increasing levels of greenhouse gases in the atmosphere are causing a rise in global temperatures, which is leading to a range of environmental problems, including melting glaciers, rising sea levels, and more frequent and severe weather events. To address this challenge, countries around the world have committed to reducing their greenhouse gas emissions, and one way they are doing this is by using carbon credits.Carbon credits are a way for companies and organizations to offset their

Bitcoin Price Drops as Binance Halts Spot Trading on a Temporary Basis

On May 19, 2021, the price of Bitcoin dropped significantly as Binance, one of the world's largest cryptocurrency exchanges, announced that it would temporarily halt spot trading due to technical issues. The announcement sent shockwaves through the cryptocurrency market, with many investors and traders scrambling to sell their holdings before the price dropped further.Binance is a popular exchange that allows users to trade a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Binance Coin. The exchange has been at the forefront of the cryptocurrency industry for several years, and its

Construction of Dream Las Vegas Halted Due to Insufficient Developer Funds

The construction of the Dream Las Vegas, a $3.1 billion casino and resort project, has been halted due to insufficient developer funds. The project was expected to be a major addition to the Las Vegas Strip, but now faces an uncertain future.The Dream Las Vegas was being developed by a partnership between real estate firm Witkoff Group and New Valley LLC, a subsidiary of the publicly traded company Vector Group Ltd. The project was set to feature a 450-foot-tall tower with 1,500 hotel rooms, a casino, and a convention center.However,

Polygon to Develop NFT Game MapleStory Universe for Gaming Company Nexon

Polygon, a leading blockchain platform, has announced that it will be developing an NFT game called MapleStory Universe for gaming company Nexon. This exciting collaboration is set to bring a new level of gaming experience to players worldwide.MapleStory Universe is a massively multiplayer online role-playing game (MMORPG) that has been popular among gamers for over a decade. The game has a loyal fan base and has been played by millions of players worldwide. With the introduction of NFTs, the game is set to take on a new dimension.NFTs or non-fungible

Polygon to Develop NFT Game MapleStory Universe for Nexon, a Leading Gaming Company

Polygon, a popular blockchain platform, has announced that it will be developing an NFT game called MapleStory Universe for Nexon, a leading gaming company. This is a significant development in the world of blockchain gaming, as it marks the first time that a major gaming company has partnered with a blockchain platform to create an NFT game.MapleStory Universe will be a massively multiplayer online role-playing game (MMORPG) that will allow players to collect and trade NFTs. The game will be based on the popular MapleStory franchise, which has been around

SEC Subpoenas Sushi Restaurant and Its Chef for Investigation.

The Securities and Exchange Commission (SEC) has recently issued subpoenas to a sushi restaurant and its chef for an investigation. This news has left many people wondering what could have led to such an action by the SEC and what it means for the restaurant and its chef.The SEC is a government agency responsible for regulating and overseeing the securities industry in the United States. Its main goal is to protect investors and maintain fair and efficient markets. The agency has the power to investigate any potential violations of securities

Bloomberg Analyst Predicts Crypto Supercycle as Bitcoin Outperforms Gold

Cryptocurrencies have been a hot topic in the financial world for the past few years, with Bitcoin being the most well-known and widely traded. Recently, Bloomberg analyst Mike McGlone predicted a crypto supercycle, citing Bitcoin's outperformance of gold as a key indicator.Gold has long been considered a safe-haven asset, with investors turning to it during times of economic uncertainty. However, in recent months, Bitcoin has outperformed gold in terms of price growth. In fact, Bitcoin's price has more than tripled since its low in March 2020, while gold's price has

Understanding Tokenomics: Why Your Startup Should Pay Attention.

In the world of startups, it’s important to stay ahead of the curve. One of the most important trends to pay attention to is tokenomics, or the economic model of a token. Tokenomics is a relatively new concept, but it’s quickly becoming a major factor in the success of many startups. Understanding tokenomics can help your startup stay competitive and ensure long-term success. At its core, tokenomics is an economic model that defines the value of a token. Tokens are digital assets that are used to represent a company’s value

EUR/USD Price Analysis: 50-SMA Prods Bulls as Bounce Off Short-Term Key Support Fades

The EUR/USD currency pair is one of the most actively traded currency pairs in the world. As such, it is important for traders to stay up to date with the latest price action and technical analysis. In this article, we will take a look at the recent price action of the EUR/USD and analyze the 50-period simple moving average (SMA) as it relates to the short-term key support level. The EUR/USD has been trading in a range between 1.1850 and 1.2050 since late May. The pair was able to break

ECB Interest Rate Increase of 50 Basis Points Has Little Impact on Cryptocurrency Markets

The European Central Bank (ECB) recently increased its benchmark interest rate by 50 basis points, but the move had little impact on the cryptocurrency markets. This is due to the fact that cryptocurrencies are not tied to any central bank or government and are not affected by traditional economic indicators. Cryptocurrencies are decentralized digital assets that are not backed by any government or central bank. They are created through a process called mining, which is done by computers connected to a global network of computers. The process of mining creates