Category: economy
Gold’s Decline to $3900 Could Signal the Next Big Altcoin Rally, Says Michaël van de Poppe
The post Gold’s Decline to $3900 Could Signal the Next Big Altcoin Rally, Says Michaël van de Poppe appeared com. Gold and Bitcoin are again in the news, as Michael van de Poppe has put into the limelight a major macro trend. The recent decrease in gold, alongside its consolidation, which he says will give rise to altcoins and Bitcoin. I’ve said this yesterday and earlier, Gold coming down and consolidating is heavily bullish for risk-on assets, including #Altcoins. There’s been a negative correlation between TH / TC and Gold. The best period to thrive for altcoins is to have a period of consolidation. pic. twitter. com/KZjWj4LVsq Michaël van de Poppe (@CryptoMichNL) October 28, 2025 Van de Poppe reckons that the fall of such commodities commonly leads to a market shift into more risky assets, such as Bitcoin, Ethereum, and altcoins currently in their early stages of development. Over the last 7 days, gold has decreased in value, dropping from $4,783 to $3,918 since the beginning of the week and testing key support levels at $3,900, which coincides with the EMA50 on the daily timeframe. This downward trend might precondition a long-term phase of crypto market growth as investors are looking for greater profits. Risk-on Momentum Builds Across Bitcoin and Ethereum As Gold Consolidates As gold consolidates, the larger crypto market has risen. Bitcoin was at $105000 last week, and it has risen to a high of $115000 this week, which indicates 9. 5% growth. Similarly, Ethereum surged back and rose from 3, 800 to 4, 200. This indicated a new wave of strength in the big altcoins. As Van de Poppe describes, the ETH/BTC pair has been relatively negatively correlated with gold in the past. This trend tends to recur, with some of the currencies of the altcoins recording a positive growth of up to 15% over the last week. The continued outperformance of the leading digital assets underscores the perception that investors.
Program designed to help historically discriminated businesses removed from state website amid legal battle
The Texas Comptroller of Public Accounts recently removed information from its website about the Historically Underutilized Business (HUB) program — which provides exposure to minority and female-owned businesses in the state procurement process — to conduct a “legal review of the program’s administration and rules,” according to an agency spokesperson.
OpenAI signs deal with PayPal to let users link wallets to ChatGPT for transactions
OpenAI signs deal with PayPal to let users link wallets to ChatGPT for transactions
WLFI price coils at $0.15, accumulation pattern signals bullish rally ahead
The post WLFI price coils at $0. 15, accumulation pattern signals bullish rally ahead appeared com. WLFI price consolidates near $0. 15, showing signs of accumulation that could spark a bullish expansion toward the $0. 19 resistance zone. Summary WLFI holds above $0. 15 value area low, signaling strong demand. Accumulation pattern suggests a potential rally toward $0. 19 resistance. Maintaining higher-low structure at $0. 15 keeps the bullish trend intact. WLFI (WLFI) price is showing early signs of strength as price action consolidates near the $0. 15 level, forming what appears to be an accumulation phase. This structure follows weeks of corrective movement and now hints at a potential bullish expansion if support continues to hold. The market is finding stability near the value area low, a historically strong support zone that has served as a foundation for prior upward moves. WLFI price key technical points: Support Zone: Price continues to hold above the value area low at approximately $0. 14-$0. 15. Accumulation Phase: Price structure indicates ongoing accumulation with demand returning at lower levels. Resistance Target: The next major resistance sits at $0. 19, aligning with the point of control. Price action has maintained stability above this support region for several days, highlighting persistent demand at lower price levels. The point of control (POC) near $0. 19 remains the most significant resistance on the chart. This area represents a heavy volume node where prior supply emerged, making it a key level to watch for a breakout attempt. If price reclaims this level with bullish volume, it could trigger a continuation rally toward higher resistances. The 4-hour market structure also reinforces this bullish scenario, with the recent higher low at $0. 14 establishing a clear trend of upward continuation. As long as WLF maintains this higher low formation, the probability of a move toward $0. 19 remains elevated. Maintaining price action above the value area low will be.
Market Talk – October 28, 2025
ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 293. 14 points or -0. 58% to 50, 219. 18 • Shanghai decreased 8. 721 points or -0. 22% to 3, 988. 224 • Hang Seng decreased 87. 56 points or -0. 33% to 26, 346. 14 • ASX 200 decreased 43. 10 points or -0. 48% to 9, 012. 50 • SENSEX decreased 150. 68 points [.].
Trump is wrong. Ronald Reagan hated tariffs
President Donald Trump is incensed at a television spot produced by Ontario featuring a 1987 speech by former President Ronald Reagan railing against tariffs. Trump threatened to throw another 10% on top of existing tariffs and suspend talks with the United States’s second-largest trading partner if the ad kept running. The episode is just another [.].
Hut 8’s Strategic Leap: From Bitcoin Mines to Power Solutions
The post Hut 8’s Strategic Leap: From Bitcocom. Hut 8, a name historically linked with bitcoin mining, is boldly redirecting its expertise toward energy infrastructure. This transformation may redefine its role in industries reliant on high-energy technologies like artificial intelligence and high-performance computing. Continue Reading: Hut 8’s Strategic Leap: From Bitcoin Mines to Power Solutions Source:.
AMD & US government agree to $1 billion supercomputer & AI deal
AMD will reportedly construct two supercomputers to aid the US Department of Energy in nuclear, health and national security concerns.
Strategy Acquires 390 Bitcoin, October Buys Net 778 BTC
The post Strategy Acquires 390 Bitcoin, October Buys Net 778 BTC appeared com. Michael Saylor’s strategy, the world’s largest public Bitcoin holder, added to its BTC holdings last week amid rising momentum, but buying activity has slowed considerably since September. Strategy purchased 390 Bitcoin (BTC) for $43. 3 million in its latest BTC acquisition last week, according to a US Securities and Exchange Commission filing on Monday. The purchases were made at an average price of $111,117 per BTC, with Bitcoin briefly rising past $113,000 on Tuesday, according to CoinGecko data. The acquisition brought Strategy’s total Bitcoin holdings to 640, 808 BTC, purchased for about $47. 4 billion at an average price of $74,032 per coin. Strategy posts one of its slowest BTC-buying months With the latest purchase of 390 BTC, Strategy has accumulated 778 Bitcoin in October among the smallest monthly totals in its history. Compared with the 3, 526 BTC acquired in September, Strategy’s October buys are down 78%, underscoring the ongoing slowdown in accumulation. The latest buy is even smaller compared with the massive 31, 466 BTC and 26, 695 BTC acquired in July and May, respectively. An excerpt from Strategy’s Form 8-K. “Strategy is no longer buying big but they’re still buying,” Maartun wrote in an X post on Sunday, adding that long-term conviction remains, “even as funding pressure grows. 53 billion spent on BTC acquisitions so far. The company still has roughly two months to surpass last year’s record of $21. 76 billion spent on BTC, according to Maartun. Related: Strategy can buy $100M of Bitcoin within an hour of raising it: Saylor Strategy’s.
Funding Radar: Danish foundation to boost collaborative neuroscience research
Photo credits: zverge / BigStock The Lundbeck Foundation is investing in large collaborative projects designed to strengthen interdisciplinary research in neuroscience. The goal is to position Denmark as a global leader in this field. As part of its mission to.
The New York Times
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