Algorand’s price has declined towards the $0.13 level after rejecting the $0.146 resistance level on Wednesday. The bearish performance comes as Bitcoin, Ether, XRP, and other major cryptocurrencies are undergoing a correction. Despite the correction, bullish sentiment could see ALGO’s price rally higher in the near term. The technical outlook suggests that ALGO could hit
Gold prices fell on Thursday as a stronger dollar weighed on demand among overseas buyers. Silver prices also fell sharply, mirroring the drop in gold. A stronger dollar makes commodities priced in the greenback more expensive for overseas buyers. Meanwhile, crude oil prices advanced on Thursday, recovering from two consecutive days of losses. This uptick
US jobless claims edged only slightly higher in the first week of 2026, offering fresh evidence that layoffs remain limited even as the labour market shows signs of cooling. About 208,000 Americans filed new claims for unemployment benefits in the week ended Jan. 3, up from 200,000 a week earlier, according to data released by
AMD stock price has moved into a technical bear market after falling by 20% from its highest point in October. It has dropped to $215, and has formed an island reversal pattern, pointing to a potential retreat despite the ongoing AI boom. AMD business has continued thriving Advanced Micro Devices, a top player in the
Fundraising for US venture-capital firms fell 35% in 2025, marking the weakest stretch in at least six years as investors pulled back and concentrated capital in a smaller number of established firms, according to a report by The Wall Street Journal. Data from PitchBook show venture firms raised $66 billion last year, down about 70%
I have lived in Venezuela for nearly thirty years, through blackouts, protests, shortages, and currency resets that have come to feel like the seasons — inevitable, cyclical, and beyond our control. But last weekend was unlike anything I have ever witnessed. It was a night that cleaved time into a before and after — for
Nvidia’s long run at the centre of the artificial intelligence investment narrative may be facing its first real test, as investors rotate toward memory-product companies seen as key beneficiaries of the next phase of AI growth. While Nvidia remains a dominant supplier of AI chips, recent market moves suggest attention is shifting to the components
Chinese regulators have reportedly opened an initial review into Meta Platforms Inc.’s proposed acquisition of artificial intelligence startup Manus, raising questions over how cross-border AI deals are assessed under national security and technology export rules. The transaction, valued at $2 billion and announced in December, is now being examined by Chinese officials to determine whether
If you’ve got $5,000 sitting on the sidelines, three tech names stand out as compelling long-term buys. Each is positioned to capture explosive growth from artificial intelligence: through dominant GPU sales, a critical shortage of memory chips that power AI, and cloud platform and search monetisation engines. Why these three? The structural AI Boom The
Chinese independent refiners are anticipated to increasingly rely on heavy crude from Iran and Russia in the coming months, as Venezuelan oil exports to China stall, according to dealers and analysts. According to a Reuters report, the revision comes after a US-Venezuela agreement that is expected to shift Venezuelan petroleum to the US, reducing access