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Investing

USD/ZAR forecast: rand outlook as South African inflation jumps to 4%

The USD/ZAR exchange rate remained in a narrow range this month, even as the US Dollar Index (DXY) continued its strong rally. This consolidation may end soon as South Africa’s inflation rises and a carry-trade opportunity emerges amid rising Fed and SARB divergence. South African rand in focus as inflation jumps A report by South

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Investing

Here’s why the Tesco share price is falling today (May 20)

Tesco share price retreated by over 2% on Wednesday, before paring back some of the losses as the UK government pushed retailers to cap price increases amid the ongoing Iran war. It slipped to 443p, its lowest level since February 4, and 10.85% below its highest point this year. UK government pushes retailers to limit

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Investing

Analysts are bullish on Rocket Lab stock ahead of SpaceX IPO: Should you?

Rocket Lab (NASDAQ: RKLB) stock price is in a strong bull run this year and is now hovering at its all-time high. These gains have continued this month as top Wall Street analysts buy ahead of the upcoming SpaceX IPO. It has soared to $127, up by 402% in the last 12 months. So, is

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Stocks

This Altcoin Surged 30% This Month—Can the Price Rally Another 25% to Hit $2?

The post This Altcoin Surged 30% This Month—Can the Price Rally Another 25% to Hit $2? appeared first on Coinpedia Fintech News Near Protocol has been rising for the past few months, highlighting the growing interest in the AI narrative within the crypto markets. The recent partnership with Story has intensified the NEAR Price action,

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Stocks

CLARITY Act Update: Senate Floor Vote Expected Within 30 Days as Galaxy Research Puts Odds at 75%

The post CLARITY Act Update: Senate Floor Vote Expected Within 30 Days as Galaxy Research Puts Odds at 75% appeared first on Coinpedia Fintech News The CLARITY Act is moving forward. Following last week’s Senate Banking Committee vote of 15 to 9, the full Senate is now expected to hold a floor vote within the

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Stocks

Bitcoin Price Falls Below $77K: Why BTC Price Saw a Sharp Sell-off This Week?

The post Bitcoin Price Falls Below $77K: Why BTC Price Saw a Sharp Sell-off This Week? appeared first on Coinpedia Fintech News Bitcoin price slipped to nearly $77,000 this week, extending its decline for a fourth straight day as selling pressure intensified across crypto markets. The latest downturn comes amid heavy Bitcoin ETF outflows, rising

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Stocks

Best Crypto to Invest in Right Now as Corrections Open the Door to Returns That Only Show Up Once Per Cycle

The post Best Crypto to Invest in Right Now as Corrections Open the Door to Returns That Only Show Up Once Per Cycle appeared first on Coinpedia Fintech News The best crypto to invest in right now is what every active trader is asking, because the correction pushed prices down far enough that the next

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Stocks

The Hardware Trap: Why Bitcoin Miners Are Liquidating the Asset They Built

The post The Hardware Trap: Why Bitcoin Miners Are Liquidating the Asset They Built appeared first on Coinpedia Fintech News The public Bitcoin mining sector is facing a massive structural identity crisis. For years, the corporate playbook was simple: buy millions of dollars in computer equipment, mine Bitcoin, and hoard it on the balance sheet

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Stocks

COMP Price Jumps 10% As Yale Summit Buzz Fuels Momentum

The post COMP Price Jumps 10% As Yale Summit Buzz Fuels Momentum appeared first on Coinpedia Fintech News COMP price woke up again. And this time, it wasn’t some mystery whale candle out of nowhere. The latest push came after the announcement that the Compound Foundation’s Executive Director will speak at the Yale Innovation Summit,

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Stocks

AKT Price Jumps 10% As Akash AI Builder Momentum Accelerates

The post AKT Price Jumps 10% As Akash AI Builder Momentum Accelerates appeared first on Coinpedia Fintech News AKT is moving again, and today the token climbed roughly 10% intraday after Akash Network highlighted a wave of AI-focused projects being deployed across its decentralized GPU infrastructure. Traders, naturally, noticed fast. Akash Builders Push Fresh AI

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