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Dangote accuses petrol importers of fresh sabotage
businessday3d ago

Dangote accuses petrol importers of fresh sabotage

Dangote Petroleum Refinery has accused “unpatriotic and unscrupulous individuals” of orchestrating a sophisticated misinformation campaign designed to undermine the $20read more Dangote accuses petrol importers of fresh sabotage

#ECONOMY
Gold Price Soars to $5,050 as Fed-Driven Dollar Weakness Defies Upbeat Market Mood Before NFP
bitcoinworld3d ago

Gold Price Soars to $5,050 as Fed-Driven Dollar Weakness Defies Upbeat Market Mood Before NFP

BitcoinWorldGold Price Soars to $5,050 as Fed-Driven Dollar Weakness Defies Upbeat Market Mood Before NFPGlobal financial markets witnessed a significant divergence on Thursday, as the spot gold price climbed decisively to $5,050 per ounce. This remarkable surge occurred despite a generally positive risk tone across equity markets, highlighting the powerful countervailing force of a weakening US dollar driven by shifting Federal Reserve monetary policy expectations. All eyes now turn [...]This post Gold Price Soars to $5,050 as Fed-Driven Dollar Weakness Defies Upbeat Market Mood Before NFP first appeared on BitcoinWorld.

#COMMODITIES
Cardano May Be At A Prime Buying Point, Analyst Says
newsbtc3d ago

Cardano May Be At A Prime Buying Point, Analyst Says

Reports say Cardano’s price has slid low enough that a fresh wave of buyers is talking about picking up ADA on weakness. Crypto Jebb, a YouTuber with a big following, argues current levels create an attractive “buy the dip” opportunity because the downside looks smaller than the upside from here. Related Reading: After Predicting XRP’s Drop, Analyst Says The Bottom May Be In He notes ADA sits more than 90% below its all-time high and roughly 77% under its December 2024 level near $1.32. That gap, he says, changes how risk looks for someone adding to a long-term position. Market Structure Shows Patterns Traders Recognize Weekly charts are at the center of the case being made. Reports note ADA has a history of long consolidation before large rebounds, and some of those moves returned 100% or more. Momentum readings have been on flat surface lately, which can mean selling pressure is easing after long falls. Support zones have held in prior cycles and buying interest later helped push prices higher. These are technical signs only; they do not promise a repeat. Still, for many traders this setup signals an asymmetric bet — limited room to lose in proportion to the reward if things flip. On-Chain Signals And Broader Context According to various commentaries, the bullish view is not based solely on price charts. Relative weakness against Bitcoin is being watched closely. ADA is at historic lows versus BTC, a level that in prior cycles preceded big runs when capital flowed back into altcoins. Analysts point to RSI bottoms and matching time cycles as further clues that a turning point could be forming. Reports also emphasize that broader market calm and continued interest in altcoins are necessary to make these patterns matter. Price Targets And Reward Estimates Reports say price scenarios stretch from $1.50 up to near $2 over the coming 12 to 24 months if momentum returns. From recent levels near $0.33, those targets imply gains greater than 300% in a favorable environment. Risk-to-reward figures above eight times have been floated by some commentators who calculate potential upside against possible downside from current prices. Those numbers are attractive on paper, but they depend on macro factors and renewed investor appetite for alternative tokens. Where The Argument Is Thin And How To Frame Risk Reports note the trade is mainly pattern-driven and light on fresh on-chain growth or developer activity as proof that a major rally is coming. That matters. If ecosystem adoption or meaningful protocol updates are missing, past chart patterns may fail to repeat. Related Reading: Tron Accumulates TRX, Price Pops As Justin Sun Weighs In Position sizing, stop levels, and a clear view of where the thesis breaks should be part of any plan, because the market can stay stressed out for longer than expected. Some investors treat this as a buy-the-dip window; others view it as a high-risk stance that must be managed carefully. Crypto Jebb sees Cardano’s current slide as a good entry point, with limited downside compared to potential gains. He suggests long-term investors consider adding ADA now, while stressing that careful risk management is still essential. Featured image from Newsbit, chart from TradingView

#TECH
AST SpaceMobile Unfurls Massive Satellite To Challenge Cellular Starlink
startupnews3d ago

AST SpaceMobile Unfurls Massive Satellite To Challenge Cellular Starlink

AST SpaceMobile has successfully unfolded its massive 2,400 square-foot satellite in orbit as the company tries to challenge SpaceX’s cellular Starlink service. On Tuesday, AST SpaceMobile posted a picture of the satellite’s antenna array fully deployed, weeks after it flew into space in late December. Dubbed BlueBird 6, the satellite “features the largest commercial communications [...]

#TECH
PS5's Wolverine Won't Be at This Week's State of Play
pushsquare3d ago

PS5's Wolverine Won't Be at This Week's State of Play

Logan stall.We’ve already written our predictions for this week’s State of Play, but one game we can comfortably rule out: Marvel’s Wolverine.Writing on social media, dev Insomniac was asked when we’d get more info on Logan and the upcoming game.Read the full article on pushsquare.com

#TECH
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