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GoldBod warns against gold hoarding, announces district buying centres
myjoyonline50d ago

GoldBod warns against gold hoarding, announces district buying centres

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has issued a strong warning against the growing practice of gold hoarding by some licensed buyers, describing it as a major threat to Ghana’s foreign exchange inflows and economic stability.

#COMMODITIES
google50d ago

Even amid rising economic uncertainty, now is not the time to hug your job - The Guardian

Even amid rising economic uncertainty, now is not the time to hug your job The GuardianWhat Business Students Should Know: The ‘Job Hugging’ Era Poets&Quants for UndergradsWork is a ‘situationship,’ and your manager is a millennial: Welcome to the economy where breaking up is hard to do Fortune'Job hugging' is on the rise. Here's what to know qz.comEconomic Uncertainty, AI Anxiety Lead U.S. Workers to Stay Put: Survey Carrier Management

#ECONOMY
Real World Economics: A basic look at banking’s basics
twincities50d ago

Real World Economics: A basic look at banking’s basics

Disturbances in the force of the economy have been common in recent news. Prices of crypto currencies, especially bitcoin, did a deep-knee bends, ditto for gold and silver. The Dow and S&P indexes are up setting records, and then down. Some foreign banks and countries apparently are reducing their holdings of U.S. dollars. In a [...]

#ECONOMY
The New Real Estate Cycle
theportugalnews50d ago

The New Real Estate Cycle

If the first major driver of the new real estate appreciation is energy, the second is called technology. And within technology, three forces are today completely redrawing the investment map: data centres, advanced logistics and smart cities.

#TECH
Bitcoin Price To Bottom At $45K? On-Chain Indicator Says Yes
newsbtc50d ago

Bitcoin Price To Bottom At $45K? On-Chain Indicator Says Yes

The Bitcoin price remains in a fragile phase in its broader market structure, alternating between recovery attempts and lingering macro uncertainty. Structurally, the market is in a transitional state, as it leaves euphoric expansion but is not yet fully in capitulation. Ultimately, current price action reflects a tug of war between long-term conviction holders and short-term speculative flows. Nonetheless, on-chain data suggests that the premier cryptocurrency is likely to embark on more trips to the downside. CVDD: Bitcoin’s Compass to Cycle Lows Since 2012 In a recent post on the X platform, market analyst Ali Martinez revealed that the Cumulative Value – Days Destroyed (CVDD) has identified Bitcoin’s bottom since 2012. According to the crypto pundit, the metric is one of the most respected long-term on-chain indicators for identifying structural lows, and its current value is $45,225. Related Reading: BNB Chain Expands With $1B Fund Access While BNB Price Nears Critical Support Launched by Satoshi Nakamoto in 2009, CVDD is a long-term Bitcoin valuation metric designed to identify major market bottoms by analyzing the behaviour of long-term holders. To understand CVDD, one needs to recognize the Coin Days Destroyed (CDD). CDD is every Bitcoin accumulated that remains unmoved in a wallet. Now, CVDD tracks the cumulative historical value of destroyed coin days and adjusts it into a valuation model to produce a price level that historically aligns with the major Bitcoin cycle bottom. Since 2012, CVDD has consistently marked major Bitcoin price bottoms with remarkable accuracy. The model essentially measures when older, long–held coins are spent. Because long-term holders tend to distribute near cycle tops and accumulate during deep bear phases. Is Bitcoin Sitting On A Hidden Safety Net? Over time, CVDD has acted as a floor beneath price during severe drawdowns. In past cycles, including the 2015 bear market bottom, the 2018 capitulation, and the 2022 sell-off, the Bitcoin price often approached or briefly fell below the CVDD line before staging long-term recoveries. Currently, CVDD sits at $45,225, a level that represents what many would consider a deep value zone within the current market structure. It does not necessarily imply that price must fall to this level, but rather that it serves as a historically significant structural support if broader market conditions further deteriorate. When BTC trades comfortably above CVDD, it typically signals that the market remains in a healthier macro position. Meanwhile, when the Bitcoin price compresses towards it, sentiment often becomes pessimistic, and long-term accumulation tends to intensify. As Bitcoin consolidates within its current range, it might be helpful to monitor whether the price maintains sufficient distance above the $45,225 CVDD level. A decisive move toward it could signal deeper corrective pressure, while sustained strength above it reinforces the argument that the broader cycle remains structurally intact. As of this writing, BTC is valued at around $70,000, reflecting a modest price increase of nearly 2% in the past day. Related Reading: Bitcoin NUPL Back In Hope/Fear Region: What Happens Next? Featured image from iStock, chart from TradingView

#TECH
Can a Scan Tool Kill a Car?
hackaday50d ago

Can a Scan Tool Kill a Car?

It’s no real secret that modern-day cars are basically a collection of computers on wheels, which also means that we get all the joys of debugging complex computer systems and ...read more

#TECH