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Orange Juice Futures Hit All Time High Numbers Amidst Agricultural Commodity Rally

The price of frozen concentrate orange juice futures contract has reached all-time high numbers this month, hitting 514.65¢ per lb and setting the stage for retail prices to skyrocket. The…

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Ethereum Technical Analysis: ETH Faces Critical Resistance at $2,800 Amid Market Indecision

On August 26, 2024, ethereum’s price hovered around the $2,739 mark, reflecting a cautious market sentiment as traders weigh the potential for further gains against looming resistance. Technical indicators across…

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Bitcoin Technical Analysis: Key Resistance Levels Test Bullish Momentum

On Aug. 26, 2024, bitcoin is navigating a crucial juncture, with prices hovering around $63,908. Despite a recent recovery attempt, the cryptocurrency faces significant resistance between $64,000 and $65,000. Bitcoin…

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NFT Sales Soar 24% as Ethereum Takes the Lead This Week

Based on the metrics collected from Aug. 17 to Aug. 24, 2024, the non-fungible token (NFT) market experienced a lively 24.33% boost in sales compared to the previous week. Sales…

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Bitcoin Blasts to $64,853—Powell’s Rate Cut Hints Lift Entire Crypto Market

Bitcoin reached an impressive peak of $64,853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, where he hinted at the possibility of…

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Financial Analysts Estimate Gold Might Reach $3,000 Propped up by Rate Cuts

Several financial analysts predict that gold prices will continue to gain ground, supported by forecasts that the Federal Reserve will cut interest rates later this year. According to Patrick Yip…

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Ethereum Technical Analysis: Indicators Signal Caution for Ether as Bears Maintain Control

Ethereum’s price on August 19, 2024, stands at $2,582, with a 24-hour intraday range of $2,572 to $2,681. The cryptocurrency recorded a trading volume of $9.5 billion, contributing to a…

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Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure

As of August 19, 2024, bitcoin is trading at $58,061, with a 24-hour intraday range between $57,918 and $60,191. The crypto asset saw a trading volume of $20.7 billion and…

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Analyst Predicts Silver Prices Could Reach $200 Driven by Demand for New EV Battery Technology

Kevin Bambrough, a financial expert with over a decade of experience in commodities markets, has predicted that silver could reach $200 per ounce in the next 10 to 15 years,…

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Bitfinex Report Examines Bitcoin’s Local Bottom Amid Market Rebound

Crypto exchange Bitfinex’s latest Alpha report examines various key metrics, providing insights into whether bitcoin may be approaching a local bottom. “Overall, these metrics underline the deep bearish sentiment and…

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