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Analysts at the financial giant Goldman Sachs reportedly think the onshore Chinese yuan (CNY) will rise against the dollar over the next 12 months.
One US dollar is currently worth 7.2 CNY (USD/CNY), but Goldman forecasts that number will fall to 7.0 yuan per dollar over the next year, Bloomberg reports.
A falling USD/CNY chart indicates that the yuan is appreciating against the dollar.
Explain...
May 13, 2025 – London, United Kingdom
Plutus became a pioneer in on-chain integrated finance as the first to tokenize RWAs (real-world assets) through on-chain loyalty rewards with Pluton (PLU) in 2015.
Since its introduction during the early era of blockchain, PLU has continued to provide on-chain utility and has rewarded over $58 million in in-app savings over the past decade.
Today, Plutus...
Fundstrat’s Tom Lee says that the economists predicting an imminent recession are getting it all wrong.
In an interview on the Global Money Talk YouTube channel, Lee says that the market is likely heading higher despite many economists warning of an economic slowdown.
“People can’t say they know anything with certainty. But in 2022, we had a series of rolling recessions that have continued, so...
Shares of Coinbase (COIN) are up big following news that the company will be joining the S...
A fake CAPTCHA prompt is reportedly responsible for tricking millions of college students and instructors into installing malware on their devices.
The ClickFix scam targeted the popular student engagement platform website iClicker, which allows instructors to take attendance, ask live questions or surveys and track student engagement, reports the tech news site Bleeping Computer.
A ClickFix is...
Popular crypto analyst Benjamin Cowen thinks the top two digital assets could plunge in value over the next few months.
In a new YouTube video, Cowen tells his 896,000 subscribers that Bitcoin (BTC) could swing below the bull market support band in August, potentially dropping to the $64,000 range.
The bull market support band is formed by the 20-week simple moving average (SMA) and the 21-week...
May 13th, 2025 – San Jose, Costa Rica
DoubleUp is a blockchain-based casino platform operating on the Sui network, designed to integrate gaming with decentralized finance (DeFi) elements.
It offers users a combination of real-time betting features and on-chain transparency, aiming to provide a novel framework for digital gambling within the Web3 space. The platform incorporates what it...
May 13th, 2025 – Victoria, Seychelles
As centralized exchanges and On-chain Trading edge closer to integration, global crypto trading platform BYDFi has officially launched MoonX, a powerful new on-chain trading engine.
Positioned as a “ticket to the DEX world” for CEX users, MoonX simplifies DeFi access and marks the beginning of BYDFi’s dual-engine strategy.
CEX vs. DEX: From Competition...
Quant Analyst PlanB Says New Bitcoin All-Time High Incoming With Sky-High Price Target in Its Sights
Popular quant analyst PlanB says that one key indicator suggests Bitcoin (BTC) will hit explosive new all-time highs in the coming months.
In a video update, the pseudonymous analyst tells his 211,000 YouTube subscribers that the monthly Relative Strength Index (RSI) indicator suggests Bitcoin’s bull market will continue and that the flagship crypto asset may soar close to half a million dollars...
The analyst who accurately called Bitcoin’s pre-halving correction last year believes BTC is on the verge of igniting rallies en route to new all-time highs.
Pseudonymous analyst Rekt Capital tells his 546,700 followers on the social media platform X that Bitcoin needs to take out its last resistance area at around $105,000 to trigger a breakout into price discovery.
“Can Bitcoin Weekly Close...