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26/09/2023

This scarcity of Ethereum in exchange wallets underscores the platform’s robust demand, offering a compelling narrative amidst turbulent crypto seas. This scarcity of tokens available for sale on centralized exchanges is considered a bullish sign of Ethereum’s future performance.

25/09/2023

In June, analysts expressed optimism in the world’s second-largest crypto, with some predicting Ethereum’s ascent to a historic high of $3,000. What fuels this bullish sentiment is the remarkable dwindling of ETH reserves on exchanges, plunging to an unprecedented low of 12.6%.

24/09/2023

Lately, there has been a notable rise in the level of on-chain transactions within the Ethereum network. The figure, totaling 1,089,893 user active wallets (UAW), marks the second-highest activity level in Ethereum’s history. Blockchain analysts at Santiment noted that such spikes in on-chain activity could be a signal for potential price rebounds.

24/09/2023

While the wider cryptocurrency landscape sees significant price dips, Ethereum has remained above the $1,500 mark

23/09/2023

Cook noted that AI's application across various sectors could potentially boost labor efficiency. Preliminary evidence supports this assertion, suggesting a positive correlation between AI and productivity growth. However, she stressed that despite this promising outlook, the widespread adoption of AI technology poses a multitude of questions that remain unanswered

23/09/2023

Federal Reserve Governor Lisa Cook acknowledged the potential of artificial intelligence (AI) to enhance labor productivity in the United States on Friday. However, she also underscored the numerous unresolved issues that the integration of AI into the economy presents for policymakers.

22/09/2023

In a recent television interview, Remolona suggested that the forthcoming adjustment in November may not be the final one. His comments underline the central bank's ongoing commitment to a hawkish monetary policy stance.

22/09/2023

Eli Remolona, the Central Bank Governor of the Philippines, indicated on Friday that the nation is likely to persist with its monetary tightening policy in November. The exact number of rate increases has not been specified, but there is a strong possibility of further hikes as part of this cycle.

21/09/2023

Luis Limlingan, head of sales at Regina Capital Development Corp., attributed the downward trend in Philippine shares to Wall Street's anticipation for the Fed's latest interest rate decision and economic update. "The Fed is widely expected to hold rates steady, but investors will be paying close attention to the summary of economic projections and the press conference of US Fed chair Jerome Powell for clues about what might happen in the months ahead," Limlingan said.

21/09/2023

Philippine stocks experienced a fourth consecutive day of losses on Wednesday, with the Philippine Stock Exchange index (PSEi) closing at 6,041.04, a drop of 6.93 points or 0.12 percent. Meanwhile, the broader all-shares index lost 2.64 points, settling at 3,271.66, a decrease of 0.08 percent.

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