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Daily Market Analysis and Overview by Unitedpips
Unitedpips replied to Unitedpips's topic in Forex News & Analysis
Can Silver Break Its $50 All-Time High Against USD? Introduction to XAG/USD The Silver / US Dollar (XAG/USD) pair, often referred to as the "poor man’s gold," is a popular asset in the commodities market due to its dual role as both a precious metal and an industrial input. Silver tends to track gold’s movements but with higher volatility, making it attractive for traders seeking strong price swings. The XAG-USD exchange rate reflects the value of one ounce of silver priced in US dollars and is widely followed by investors for both inflation hedging and industrial demand outlook. Understanding silver’s price movements against the dollar provides crucial insights for commodities traders and long-term investors alike. XAGUSD Market Overview The XAGUSD pair is trading strongly bullish, with current prices around $47.20 per ounce, placing silver close to its all-time high of $49.21 - $49.51 per ounce last reached in April 2011. This rally has been supported by growing investor demand amid concerns of persistent inflation and uncertainty in US economic data. This week, traders are awaiting important US economic releases including the Dallas Fed speech from President Lorie Logan (Oct 2, 2025), which may provide hints on future Federal Reserve monetary policy. Employment data from ADP (Nov 5, 2025) and manufacturing PMI releases (Nov 3, 2025) are also on the radar, as stronger-than-expected results would likely strengthen the US dollar and weigh on silver’s momentum. In the short term, however, silver’s rally is being fueled by commodity investors positioning ahead of inflation reports and continued volatility in the energy markets. Overall, silver remains highly sensitive to US dollar dynamics and Federal Reserve commentary this week. XAG-USD Technical Analysis On the daily timeframe (D1), silver is showing strong bullish momentum. Price action has formed higher highs and higher lows, supported by the ZigZag indicator, which confirms the current uptrend. The Alligator indicator is aligned in bullish formation, with the green lips on top, red teeth in the middle, and blue jaw below – all placed beneath the candles, signaling continued upward momentum. The Aroon indicator highlights trend strength, with the Aroon Up line at 92.86% and the Aroon Down line at 7.14%, confirming that bulls are firmly in control. Additionally, the VI (Vortex Indicator) shows the VI+ at 1.3829 versus VI- at 0.6308, further reinforcing the dominance of buyers. Key resistance stands near the historical high at $49.79, while immediate support is seen around $43.60 and then $38.90 if a pullback occurs. Final Words about XAG vs USD The XAG/USD pair is currently approaching critical historical resistance levels, with silver prices nearing their 2011 all-time highs. Technical indicators across the daily chart are aligned in favor of the bulls, with trend momentum strongly positive. However, traders should be cautious, as the closer silver gets to $50 per ounce, the higher the chances of profit-taking and sharp corrections. The upcoming Federal Reserve speeches and US employment data will be key drivers, as stronger USD fundamentals could slow silver’s advance. For now, the bullish bias remains intact, and traders should watch resistance around $49.50 – $49.80 as a decisive breakout zone that could open the door to fresh all-time highs. Disclaimer: This XAGUSD analysis, provided by Unitedpips, is for informational purposes only and does not constitute trading advice. Always conduct your own Forex analysis before making any trading decisions. 10.01.2025 -
The digital casino industry has grown into a space where technology and entertainment merge. Today a Casino Game Development Company that uses complex game engines empowers firms to design casino games that are not only visually appealing but also technically advanced. Understanding the possibilities of blockchain integration and high performance engines is critical for entrepreneurs and gaming visionaries looking to enter a multibillion dollar global market. The proper growth partner may help develop an idea into a safe, flexible and entertaining casino ecosystem. What is a cryptocurrency casino game? A crypto casino game is a digital gaming platform. It is a blockchain powered ecosystem that combines transparency, privacy and player trust into all dealings.Players can make bitcoin transactions, participate in provably fair game dynamics and interact with tokenized rewards or sponsored by the NFT assets. Partnering with a Casino Game Development Company guarantees that cryptocurrency wallets, smart contracts and decentralized ledgers are easily included, resulting in an accurate and forward looking gaming experience that attracts to both modern gamers and investors. Benefits of Blockchain Casino Game Development Blockchain technology has transformed the norms of privacy, fairness and engagement in online casino games. Businesses that use decentralized systems can provide a transparent and tamper proof gaming experience while also allowing for instant cross border transactions. Tokenized game economies and NFT rewards increase player engagement, increasing retention and monetization. A Casino Game Development Company with blockchain knowledge guarantees that these advancements are deployed efficiently, providing a competitive advantage for firms seeking to lead in the crypto casino field. Crypto Casino Game Development Process A cryptocurrency casino game takes a combination of creativity, technological expertise and strategic strategy. From concept design and execution to advanced machine development.the process turns an idea into a fully working digital casino. The development includes vivid graphics, accurate forces and engaging gameplay supported by technologies such as Unity or Unreal Engine.Blockchain integration including smart contracts and secure wallet connections, increases fairness and visibility. Comprehensive testing and continuing upgrades make sure the game operates properly across all platforms while conforming to safety rules and regulations. A qualified Casino Game Development Company offers both technological clarity and expertise in business, guiding projects from creation to launch. Why Invest in Blockchain Casino Game Development? Blockchain casino games provide fun and represent a smart business opportunity.By embracing blockchain, organizations get access to a global audience of digital asset savvy participants as well as a variety of revenue streams through tokenized assets, NFT marketplaces and stake methods. Early adoption characterizes businesses as innovators in a rapidly changing industry, ensuring their long term relevance and profitability. Working with a blockchain experienced Casino Game Development Company enables enterprises to navigate technological difficulties and maximize return on investment. How to Choose the Best Casino Game Development Company Choosing the correct development partner necessitates careful assessment of technical skills, previous performance and innovative capability. A top Casino Game Development Company will demonstrate expertise in advanced game engines, blockchain integration and secure payment infrastructures as well as offer scalable solutions adapted to your specific business needs. A strong partner not only has technical expertise but also gives strategic assistance to develop engaging, profitable and future ready gaming experiences that capture both players and investors. Conclusion The online casino industry is more than simply a game, it is a technologically advanced, blockchain enabled entertainment ecosystem. Working with a Casino Game Development Company that combines modern game engines, tokenized economies and secure crypto infrastructure enables businesses to provide next generation casino experiences. By adopting these technologies, entrepreneurs may position themselves at the vanguard of a rapidly expanding market, providing interesting, secure and profitable games that appeal to both trend conscious players and forward thinking investors.
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Date: 1st October 2025. Gold Shines Bright: Record Surge Amid Fed Uncertainty and US Shutdown. Gold prices surged to an all-time high on Wednesday, climbing above $3,875 an ounce, as the United States entered its first government shutdown in seven years. The metal’s rally, fueled by central bank demand, ETF inflows, and expectations of further Federal Reserve rate cuts, highlighted mounting investor anxiety over political gridlock and economic disruption. While gold stole the spotlight, Asian stock markets delivered a mixed performance, with Japan sliding on political uncertainty and Chinese markets closed for the weeklong National Day holiday. Asian Stock Markets Mixed Amid Japan’s Political Transition Asian equities moved in different directions on Wednesday, with trading volumes thinner as China’s mainland markets remain closed from October 1–8 for the National Day holiday. Japan’s Nikkei 225 index fell 1.2% to 44,411.26 after the Bank of Japan’s Tankan survey showed a slight improvement in business sentiment among major manufacturers. The results reinforced expectations that the BOJ may raise interest rates soon, as inflation has consistently stayed above the central bank’s 2% target. Uncertainty also lingered in Japan, with the ruling Liberal Democratic Party set to appoint a new leader and prime minister to replace Shigeru Ishiba later this week. Elsewhere in the region, South Korea’s Kospi gained 0.8% to 3,450.62, while Taiwan’s Taiex advanced 1.3%, supported by strong buying in semiconductor shares. In contrast, Australia’s S&P/ASX 200 slipped 0.4% to 8,812.90. The People’s Bank of China said it will inject liquidity through a 1.1 trillion yuan ($160 billion) reverse repo operation on October 9, aimed at supporting consumer spending and business investment. US Shutdown Fuels Gold Price Surge to Record Levels The spotlight was on gold prices, which climbed to a historic $3,875.53 an ounce, extending gains for a fifth straight session. The rally came as the US government entered a shutdown after lawmakers failed to pass a temporary funding bill. Federal agencies were instructed to implement “orderly closure” plans, threatening to delay the release of key economic data, including the crucial non-farm payrolls report scheduled for Friday. So far in 2025, gold has soared over 47%, putting it on track for its strongest annual performance since 1979. The surge has been fueled by central bank buying, ETF inflows, and expectations of further Federal Reserve rate cuts. According to Bloomberg data, gold-backed ETFs saw their largest monthly inflows in three years this September. Silver also rallied, jumping as much as 2% to $47.56 an ounce, less than 5% from its all-time high, and is now up over 60% this year amid tight supply and robust investor demand. By early afternoon in Singapore, spot gold traded slightly lower at $3,864.60 an ounce, while silver gained nearly 1%. Platinum and palladium moved lower. Federal Reserve Policy Uncertainty Adds to Volatility Markets are closely watching signals from the Federal Reserve. Boston Fed President Susan Collins said additional rate cuts may be needed due to labor market weakness, while Dallas Fed President Lorie Logan cautioned against easing too quickly, pointing to persistent inflation. Concerns over central bank independence also weighed on sentiment. Attorneys for Fed Governor Lisa Cook petitioned the US Supreme Court last week to block President Trump’s effort to remove her from office. Meanwhile, the US labor market remains under scrutiny. Job openings in August were little changed from July, keeping conditions in a “low-hire, low-fire” state. A separate survey showed consumer confidence fell below expectations, reflecting worries about high inflation and weaker job prospects. Wall Street Extends Gains Despite Shutdown Despite political turmoil, US stocks posted gains. The S&P 500 climbed 0.4% to 6,688.46, marking its fifth consecutive monthly advance after setting a record last week. The Dow Jones Industrial Average rose 0.2% to a new record of 46,397.89, while the Nasdaq Composite gained 0.3% to 22,660.01. The shutdown has cast uncertainty over future data releases. The Department of Labor confirmed that the Bureau of Labor Statistics would suspend operations during the closure, delaying key reports. The agency was already under pressure following President Trump’s dismissal of BLS Commissioner Erika McEntarfer in August, after July data revealed slower hiring trends. Adding to the turmoil, the White House withdrew the nomination of E.J. Antoni to lead the bureau, according to Associated Press sources. Commodities and Currency Markets In energy markets, oil prices remained subdued, pressuring energy shares. Baker Hughes dropped 3.6%, while Schlumberger fell 2.1%. Early Wednesday, US crude edged up 11 cents to $62.48 per barrel, and Brent crude rose 12 cents to $66.15 per barrel. In forex trading, the US dollar ticked up to 147.98 yen from 147.94 yen, while the euro inched higher to $1.1738 from $1.1734. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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J.J. Edwards’ Expert Market Analysis at FenzoFx
FenzoFx replied to FenzoFx's topic in Forex News & Analysis
LTC/USD May Tap $110.5 Before Drop FenzoFx—Litecoin is trading sideways. We expect LTC/USD to tick higher toward $110.5 before resuming its downtrend. If this scenario unfolds, the next bearish target is the $88.00 support area. Please note, the bearish outlook remains valid unless price closes and stabilizes above the fair value gap near $114.00. -
Baxter Coin (BXTR) 🔥 $BXTR — Barking Into the Bull Run! 🔥 Crypto Solano Meme Coin - $BXTR 🐾 $BXTR – The Scrappy Pup of Crypto 🐶 Inspired by Ron Burgundy’s loyal sidekick Baxter, $BXTR brings laughs, loyalty, and legendary meme energy straight to the blockchain. 🌭 "60% of the time, $BXTR works… every time." That doesn’t even make sense, but somehow it’s true. 🐕 Token Address: GQZkXWBdF5myEXmK9Qvw5Rcvc3fnQm4wnuiY8Fr5tbiG $BXTR just strutted into the newsroom with a gold chain that says “BXTR.” 👑 He’s not just Ron’s sidekick anymore… he’s leading the bull run. 🐂 🐶 "Bark twice if you’re in Milwaukee…" Baxter barked. Loud. And the echo hit the blockchain. 🚀 Why $BXTR? - No complicated roadmaps 🗺️ - 100% community-driven 🤝 - Memes, loyalty, and moonshots 🌕 - Because 60% of the time… it moons every time. Stay classy, crypto fam. 🐾 Join the pack. Grab your $BXTR. Let’s make history together. 🐶 🐦 X (Twitter): https://x.com/BXTR_coin
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Today, the following members celebrate their birthdays: Maczad (31), Startuptainment (32), artemis (48), westpolyrub (36), oliviawiley (30), Dempsey Gentry (65), Tubpages (29), Digitalwebit (29), Factstx1 (29), Update01 (65), capitalstreetFX (30), Korytin --, Jose-Megapari Partners --, hotelpanorama (36), nickwilliams (25), Let's wish them a happy birthday!
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What is a BitPay Script? A BitPay Script is a pre-built software solution that replicates the core functionalities of BitPay. With this, you can launch your own payment gateway that supports multiple cryptocurrencies, enables instant settlements, and ensures seamless transactions for global businesses. Core Features of Our BitPay Script Multi-Currency Support → Accept Bitcoin, Ethereum, Litecoin, stablecoins (USDT, USDC), and more. Instant Fiat Settlements → Merchants can settle directly in local currencies, eliminating volatility risks. Global Payment Accessibility → Enable cross-border payments without additional banking hurdles. Advanced Security Protocols → KYC/AML, fraud detection, and data encryption for safe transactions. Easy Integration → APIs, SDKs, and plugins for websites, mobile apps, and eCommerce platforms. Merchant Dashboard → Full control over invoices, transactions, and settlement preferences. Why Choose Appclonex BitPay Script? Faster Deployment → Go live quickly with a ready-made solution. Customization Ready → Tailored to your business needs and branding. Scalable Infrastructure → Supports both startups and enterprises. Cost-Effective → Save time and development costs compared to building from scratch. Continuous Support → Regular updates and 24/7 technical assistance. Conclusion At Appclonex, we believe crypto payments are shaping the future of global commerce. Our BitPay Script empowers entrepreneurs, startups, and enterprises to enter the payment ecosystem with confidence—delivering a secure, transparent, and borderless transaction experience.
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Seven Hills, NSW - Australian builders and contractors are facing growing pressures to manage risk in a highly dynamic construction environment. With the sharp rise in client expectations and evolving industry standards, public liability insurance has become a cornerstone of business protection for builders and tradies nationwide. Public liability insurance is designed to shield construction businesses from the financial fallout of third-party injury or property damage arising from their operations. This essential cover typically extends to legal costs and compensation when claims are lodged by contractors, visitors, suppliers, or members of the public. Most importantly, it helps builders and contractors meet their contractual obligations and ensures business continuity even in the face of unforeseen events. Each construction business engaged on a project must hold its own public liability insurance, covering claims caused by their own acts or omissions. For example, if a painter’s work results in damage to surrounding property, they could be held fully liable and their insurance would respond accordingly. In more complex incidents involving multiple parties, such as an injury due to an unsafe worksite, liability and insurance costs may be shared between subcontractors and builders. While public liability insurance can provide broad protection, it’s important to note that it won’t cover injury to the insured party or damage to their own property, nor does it usually extend to design works. Builders should carefully review their policies to ensure coverage aligns with their specific circumstances and contractual requirements. In some cases, public liability is bundled within contract works insurance, also known as builders all risk insurance, offering a more comprehensive risk solution. As risk grows in complexity, builders are urged to keep their construction insurance policies up to date. Consulting with industry experts ensures coverage meets current business needs and regulatory requirements. In today’s construction sector, public liability insurance is not just protection—it’s an essential business asset that supports professional resilience and lasting client trust. For further information and guidance on public liability insurance, visit the WMIB news portal or contact Our insurance advisor.
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Daily Market Forecast By Capitalcore
Capitalcore replied to Capitalcore's topic in Forex News & Analysis
USD/CHF Outlook Ahead of Key Fundamental Data The USD/CHF pair, often called the “Swissie,” represents the US dollar versus the Swiss franc and is widely traded for its safe-haven dynamics and sensitivity to monetary policy divergence. Today’s calendar is packed with influential US releases, including the ADP employment report, ISM manufacturing surveys, construction spending, and crude oil inventories from both the API and EIA. Key Fed voices are also in focus, with Dallas Fed President Lorie Logan and Richmond Fed President Thomas Barkin scheduled to speak, events that could provide subtle cues on the central bank’s policy stance. For Switzerland, attention is on upcoming retail sales data from the Federal Statistical Office and the quarterly Swiss National Bank update, both critical in shaping expectations for domestic demand and monetary policy. Market participants should closely monitor hawkish tones from Fed officials alongside any surprise in Swiss data, as these will likely guide USD/CHF’s near-term momentum. Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. A review of the USD/CHF 4‑hour chart shows price moving inside a well‑drawn bullish channel, where repeated tests of both the channel’s top and bottom validate the structure. Price recently bounced off the lower trendline around 0.7940—a level that also overlaps with the lower edge of the Ichimoku cloud—underscoring its role as meaningful support. The Ichimoku cloud itself appears relatively flat, pointing to sideways consolidation, and candles dipping into the cloud reflect short‑term uncertainty. The RSI (14) is near 48–50, indicating neutral momentum with a slight bearish bend. With these observations, USD/CHF might either resume an upward move from this support zone and stay inside the channel, or lose the cloud floor support and break downward, shifting the trend lower. •DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes. Capitalcore -
EURUSD H4 Technical and Fundamental Analysis for 10.01.2025 Time Zone: GMT +3 Time Frame: 4 Hours (H4) Fundamental Analysis: The EUR/USD pair today is influenced by a series of key Eurozone and U.S. economic releases. On the Euro side, the S&P Global Manufacturing PMI and the Eurostat Consumer Price Index (CPI) reports are in focus, both critical indicators of inflation and overall economic health in the Eurozone. A stronger-than-expected PMI above 50.0 or a higher CPI reading could provide bullish momentum for the Euro, as they would reinforce expectations for ECB policy tightening. Additionally, German Bund auctions and speeches from ECB officials, such as Bundesbank President Joachim Nagel, could provide further clues about monetary policy direction. On the U.S. side, the market awaits the ADP employment report, ISM Manufacturing PMI, and speeches from Federal Reserve members, all of which may increase USD volatility and weigh on EUR USD dynamics. Traders should expect heightened volatility during these releases as both currencies face competing fundamental drivers. Price Action: In the H4 timeframe, EURUSD is trading within a slight bullish trend channel, moving horizontally with a gradual upward slope. The pair is ranging between the upper and lower Bollinger Bands, having recently bounced from the lower band and climbed above the middle band. Currently, the candles are positioned in the upper half of the Bollinger Bands, supported by Parabolic SAR dots beneath the price, signaling a continuation of short-term bullish momentum. However, the market structure shows consolidation, and traders should monitor whether the pair can sustain momentum toward the upper channel line near resistance. Key Technical Indicators: Bollinger Bands: The EURUSD price is moving within a narrow bullish channel, currently in the upper half of the Bollinger Bands. The latest bullish bounce from the lower band to the upper band around 1.1780 highlights ongoing buying pressure. If the price fails to break the upper band, sideways consolidation may follow. Parabolic SAR (Step 0.02, Max 0.2): The latest Parabolic SAR dots (steelblue) are positioned below the candles, confirming short-term bullish sentiment. As long as the dots remain beneath the price action, upward momentum is likely to continue. A reversal would be signaled only if the dots shift above the candles. RSI (14): The RSI is at 50.85, hovering around the neutral zone. This indicates that the EUR/USD is neither overbought nor oversold, leaving room for movement in either direction. A sustained push above 60 would confirm stronger bullish momentum, while a drop below 45 could suggest renewed bearish pressure. MACD (12,26,9): The MACD shows values at 0.000040 and -0.000551, reflecting weak momentum with the lines converging. This signals a potential shift in momentum—either a continuation of the current sideways range or the early stage of a breakout. A bullish crossover would support upside continuation. Williams %R (14): The Williams %R is at -30.29, close to the overbought threshold. This suggests that buying pressure has been dominant in the short term, but the market may soon face resistance if momentum does not strengthen further. Support and Resistance: Support: The first support is at 1.1720, followed by 1.1660, and deeper support lies at 1.1600. Resistance: The immediate resistance is at the upper Bollinger Band near 1.1780, while the next level is around 1.1820, aligned with the channel’s upper boundary. Conclusion and Consideration: The EUR-USD H4 chart shows the pair trading in a slight bullish trend channel, with technical indicators pointing toward mild bullish bias but with signs of consolidation. The RSI and Bollinger Bands suggest cautious optimism, while the MACD highlights weak but potentially strengthening momentum. Traders should monitor upcoming Eurozone CPI, PMI data, and U.S. employment figures, as these events may serve as catalysts for a breakout from the current consolidation range. Given the balanced technical outlook and high-impact news on both sides, EUR USD traders should prepare for potential volatility spikes. Disclaimer: The analysis provided for EUR/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURUSD. Market conditions can change quickly, so staying informed with the latest data is essential. FXGlory 10.01.2025
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Bitcoin has once again gained the spotlight, with the price pumping past the $112,000 after Tether made a $1 billion purchase. This move has injected fresh momentum into the market, making traders and investors to pay close attention to BTC as it continues to break new ground. But it’s not just Bitcoin making waves. Falcon Finance is stepping into the scene with its $FF token now officially listed on BingX. More than just a listing, the project is celebrating the milestone with a carnival event, giving the community a chance to engage, participate, and be part of the excitement. Falcon Finance is focused on bridging traditional finance discipline with DeFi innovation. Does the focus behind Falcon Finance make it worth exploring?
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I watched ETH climb past 4,200 USDT before slipping back, and it reminded me how quickly momentum can change. For me, these swings are less about charts and more about patience and perspective. At the same time, BingX rolled out a cashback event for new users (Sept 30 – Oct 13). It offers 50% back on a first coin purchase, capped at $100 from a $50K pool. I’m not eligible since I already trade there, but I see it as an interesting way exchanges try to give beginners a softer landing. 👉 https://bingx.com/en/activity/general/5354940799?ch=bingx_koc Would you treat something like this as a chance to build confidence for the long term, or just as a short-term boost?
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XTI/USD Slips Amid News of OPEC+ Production Hikes WTI crude oil prices plunged to a low of 61.91 on Tuesday, September 30, extending their decline since Monday. Oil prices reached a high of 63.09, a low of 61.91, and a close of 62.22 on FXOpen's platform on September 30. Fundamental factors influencing the XTI/USD oil price. OPEC+ has agreed to increase production by around 137,000 barrels per day starting in October 2025 as an adjustment to previous voluntary cuts. There are indications that OPEC+ may increase production even more aggressively in November, due to market pressure on high prices and a desire to maintain market share. Increased production could raise concerns about oversupply—the risk of a supply surplus if demand does not grow significantly. Global oil demand is still growing, but at a moderate pace. In a Reuters survey, many analysts predicted that rising supply would limit the upside in oil prices. The EIA report stated that US oil production is expected to decline by 1% over the next period. The 2025 report shows significant uncertainty about the future supply-demand balance, with factors such as energy policy, technological change, and geopolitical dynamics potentially contributing to risks. Oil inventories in major consuming countries are at relatively low levels, supporting the sentiment that supply is tight in the short term. However, if OPEC+ and other producers actually increase production significantly, downward price pressure is very likely if stocks increase more rapidly than anticipated. Other geopolitical disruptions could also trigger sudden price spikes, for example, if there is conflict in oil-producing regions, such as attacks on infrastructure. US interest rates, the value of the USD, and macroeconomic conditions are also of concern, as they can affect oil demand and investor appeal. When the USD strengthens, pressure on commodity prices usually arises. Environmental policies and long-term energy transitions could also limit future oil growth. The bearish scenario is slightly sideways due to rising OPEC+ production and moderate demand. If the support zone around 64.80 is broken, the price could fall to 62.00. If the price successfully breaks through the 62.00 support level, the next target is near the lower band at 61.40. The bullish scenario is reversed if there are production disruptions or OPEC+ chooses to maintain production. If it can break the resistance zone of 66.50-67.00, the target could reach 69.00-70.00. The US economic data releases that investors are focusing on today include the ADP Non-Farm Employment Change, which is expected to fall by 52,000. The manufacturing PMI is also in focus, which is expected to rise from the previous revision. These data releases could impact the USD, which in turn could affect oil prices.
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On-chain data shows that Tether has recently added more than 8,800 Bitcoin to its reserves. The purchase is worth about $1 billion, showing continued interest in Bitcoin from one of the biggest stablecoin issuers in the market. Such large-scale acquisitions often draw attention because they highlight how major players are positioning themselves in the crypto space. At the same time, I noticed BingX has introduced a 50% cashback offer on any coin purchase, with a minimum of 50 USDT per trade and up to 100 USDT cashback. What’s your take on Tether’s big move and BingX’s cashback event? Would you consider joining in?
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Big update: BNB and BEP20 are now supported! We’re thrilled to announce that the Binance Coin (BNB) and Binance Smart Chain (BSC) network, also known as BEP20, are now fully integrated into our platform. Whether you’re accepting payments or processing transactions, it brings you greater flexibility, lower fees, faster transactions and enhanced power in the world of crypto. We can’t wait for you to start using BNB and USDT/USDC(BEP20) today and enjoying the same seamless, secure, and fast service you expect! Crypto payment gateway | Business solutions for accept crypto
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OpenEden $EDEN enters the market with a supply of one billion tokens and a clear focus on the Real World Asset sector. The project combines governance rights and community incentives while aiming to bridge traditional finance with DeFi. Trading opened with sharp volatility as the token climbed from fifty cents to a peak near one dollar thirty eight before correcting back toward fifty five cents. By early October first, $EDEN had slipped below thirty nine cents, showing how quickly initial hype can fade once profit taking and airdrop distributions hit the market. While RWA remains a trending narrative and interest around new projects is strong, short term sentiment has leaned bearish due to weak follow through buying and heavy speculative pressure. The token reflects typical post listing turbulence, with traders closely watching whether it can find stability after its debut on BingX Spot. Do you think $EDEN’s weakness is just early listing turbulence or a sign of limited long term conviction?