Author Archive: Jeremy Parkinson
Solana TVL reaches new peak since early 2022
Key Takeaways Solana’s TVL has reached its highest point since January 2022. Solana’s 24-hour DEX volume has exceeded $2 billion. Share this article Solana’s total value locked (TVL) has surged to $6.4 billion, marking its highest level since January 6, 2022, according to data from DeFiLlama.In terms of daily decentralized exchange (DEX) volume, the blockchain […]
Messari reports TRON’s protocol revenue reached an all-time high in Q3 2024
Share this article Geneva, Switzerland, October 22, 2024 – Messari, a leading provider of digital asset market intelligence products, released a research report highlighting TRON’s Q3 performance. The report details seven consecutive quarters of increasing on-chain activity, driving its protocol revenue to an all-time high, fueled by increased transaction volumes and a rapidly growing user […]
McDonald’s Seasonal Strength Faces 2025’s Economic Headwinds
Image Source: Unsplash McDonald’s, known for its resilience through economic cycles, faces a challenging outlook for 2025, according to its CEO, Chris Kempczinski. With consumer wallets likely to remain stretched, particularly among lower-income customers, the company is focusing on strengthening its value proposition to maintain its market position. This includes offering more affordable meal deals, emphasizing […]
Bitcoin Signal That Led To At Least 70% Surge Has Formed Again
On-chain data shows a Bitcoin signal that has led to at least a 70% rally the last four times has recently formed for the asset once again. Bitcoin MVRV Momentum Has Seen A Bullish Crossover RecentlyIn a new post on X, analyst Ali Martinez has discussed the recent trend in the Bitcoin Market Value to Realized Value (MVRV) […]
The Real Debt Crisis Is Here – And No One Noticed
Image Source: Pixabay We are seeing the full effects of the debt crisis paradox. And it only seems like a “paradox” from the perspective of conventional wisdom on the matter. Government debt is indeed bad for the economy, but not AT ALL in the way most people are led to believe or assume. This creates another […]
Bitcoin Drops To A New Weekly Low On Tuesday, October 22
Bitcoin chart analysisThe price of Bitcoin retreated to $66,820 on Monday, October 21. We again took a step below $67000 and the EMA 200 moving average. Fortunately, the price stayed there for a short time, followed by a rise to $67,900. The weak momentum created resistance there. Bitcoin did not have enough strength to continue […]
Greenback Consolidates
Image Source: Pixabay Overview: US interest rates remain firm and the dollar is mostly consolidating against the G10 currencies, in a muted “Turn Around Tuesday.” The greenback is straddling the JPY151 area, its best level since the end of July. Despite bearish price action yesterday, the euro, sterling, and Australian dollar have seen limited follow-through selling and […]
USD/JPY Analysis: Beware Of Strong Overbought Levels
At the beginning of this week, the Japanese Yen declined below 150.80 yen per US dollar, the highest level for the currency pair in more than two months. With the recent performance, the USD/JPY pair is returning to the key psychological level of 150 yen per dollar, which markets fear may prompt Japanese authorities to […]
September 2024 Snapshot Of Who Owns The U.S. National Debt
The U.S. national debt is a truly large number. With the nation’s total public debt outstanding of $35,464,673,929,171.69 as of the end of its fiscal year on 30 September 2024, the U.S. government is truly indebted to its major creditors.During FY 2024, the U.S. national debt increased by $2.3 billion, or 6.9%, to reach that number. The […]
USD/CHF Depreciates To Near 0.8650, Downside Risk Seems Restrained Due To Higher US Yields
USD/CHF offers its gains from the previous session, trading around 0.8650 during the early European hours on Tuesday. This downside of the pair could be limited as the US Dollar (USD) gained support following a surge in US Treasury yields, which climbed over 2% on Monday. At the time of writing, the 2-year and 10-year US Treasury […]
