EUR/USD 1.13102
-0.160%
Gold 3244.54
-1.331%
Oil 57.870
-0.112%
USD/JPY 143.042
-0.037%
GBP/USD 1.33104
-0.152%
GBP/JPY 190.399
-0.149%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
U.S. Treasury Secretary Bessant: U.S.-Ukraine agreement is a signal to Russian leadership.Leapmotors official Weibo account said that its deliveries in April reached 41,039 units, a year-on-year increase of 173%, setting a new record high in growth rate.1. MUFG: Expected to lower economic growth and core inflation forecasts for this year; even if the central bank is cautious about further rate hikes, the yen still has room to appreciate. 2. Bank of America: Trumps policies have increased uncertainty, pay attention to clues of rate hikes in June or July, and the expectation of the next rate hike has been postponed from June to the end of the year. 3. ANZ Bank: Expected to remain on hold amid uncertainty in trade policy, the press conference will adopt a cautious tone, and the expectation of the next rate hike will be postponed from May to October. 4. Reuters survey: 84% of economists expect interest rates to remain at 0.50% by the end of June; 52% of economists expect a rate hike in the third quarter. 5. Fanon Credit: Inflation expectations may be significantly lowered in view of the appreciation of the yen and the decline in oil prices. Pay attention to whether it will mention that the strengthening of the yen may slow the pace of policy normalization. 6. Citibank: Real wage increases support consumption, however, considering the implementation of reciprocal tariffs and automobile tariffs, we do not expect the Bank of Japan to raise interest rates this year. 7. S&P: Japanese interest rates are not expected to change until the second half of this year, but the Bank of Japans stance will be watched as inflation continues to rise. 8. Monex Securities: Expected to keep interest rates unchanged, with a focus on the outlook. The balance between rising inflation and increased uncertainty is key to the interest rate path. 9. IG Group: Expected to remain on hold given the continued uncertainty over tariffs and economic growth risks; wage growth exceeding inflation may add confidence to tightening policy. 10. Continuum Economics: Expected to keep interest rates unchanged and not change forward guidance; tariff uncertainty plus continued inflation puts it in a dilemma.According to the Wall Street Journal: Teslas (TSLA.O) board of directors has begun the process of finding a successor to Musk as CEO.New York gold futures fell below $3,250 an ounce, down 2.09% on the day.

ADA Price Prediction: IOHK Updates and EMURGO Silence to Test $0.320

Cory Russell

Mar 06, 2023 16:54


ADA dropped on Saturday by 1.75%. Friday saw a drop of 2.28%, and ADA closed the day at $0.337. Despite the negative afternoon, ADA managed to stay above $0.330.


After a positive opening to the day, ADA increased to a peak of $0.347 before going back down. ADA declined to a late low of $0.331, falling shy of the First Significant Resistance Line (R1) at $0.356.


However, ADA found late support to finish the day at $0.337 while avoiding the First Significant Support Line (S1) at $0.326.


Input Output HK (IOHK) published its weekly development report on Friday. The report disappoints as the outlook worsens. The lack of new projects starting on the Cardano network in the previous week disappointed investors who were looking for project influx in the figures. It's possible that increased governmental and legislative monitoring is causing companies to postpone project openings. A clearer image will emerge from the project's financial data in the following weeks.


117 initiatives were started on the Cardano network, which is unaltered from February 24 according to the Weekly Progress update for March 3.


The overall number of Cardano network projects increased by four from the prior update to 1,209.


There were 5,953 Plutus screenplays in total, of which 797 were Plutus V2 scripts. There were 5,857 Plutus programs as of February 24.


Before the Vasil hard split, 98 projects had been released on Cardano, and 1,100 projects were developing on the Cardano network.


In addition, there were 7 million native tokens (7.83 million in the prior report), 62.2 million trades (61.8 million in the prior report), and 70,258 token policies (PR: 70,039).


Concerns about the SEC's emphasis on stablecoins will arise for EMURGO and the upcoming rollout of the USDA algorithmic stablecoin. The debut of EMURGO's Agricultural stablecoins on the Cardano network is planned for Q1 2023. As the first quarter draws to a close, a dearth of information would put customer interest to the test.


Suggestion