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Australian Dollar benefits from RBA's hawkish hold
AUD got some momentum after RBA’s hawkish hold. Governor Lowe confirmed that the bank has no rush on rate cuts. Markets are now pricing in a 25 bps cut by year-end. The AUD/USD pair is trading around 0.6500, up around 0.30% on the day. The Australian Dollar is benefiting from the Reserve Bank of Australia (RBA) hawkish hold. The RBA left its policy rate unchanged as expected on Tuesday, but Governor Philip Lowe said that no rate cut is on the table in the near term. This has helped to support the Australian Dollar, as it suggests that the RBA...
How Cryptocurrency Is Changing Cyber Security
One of the most prominent features of cryptocurrency is its underlying technology—the blockchain. The blockchain serves as the backbone that powers all cryptocurrencies, allowing for these digital assets to connect to other networks and computers seamlessly. While there are undeniable security advantages of cryptocurrency, such as its decentralised nature, there are also many security threats within this space. To combat the risk of phishers and scammers getting ahold of crypto through malicious ways, many innovations are taking place in the cybersecurity space. Let’s take a look at this phenomenon in closer detail. The Nature of the Blockchain With traditional currency,...
Cardano (ADA) could be ready for parabolic run to $2 in coming weeks, these 2 altcoins could also be on the cusp of a price explosion
Blobana, the groundbreaking AI entity built on the Solana blockchain, is poised to enter a new phase of innovation and capability. This monumental upgrade marks a pivotal moment in Blobana’s journey, moving beyond its initial framework to embrace cutting-edge advancements in artificial intelligence, blockchain integration, and community engagement. The initiative signals a bold step forward, redefining the boundaries of what AI can achieve on the blockchain. Revolutionizing Blobana’s Core Systems Since its inception, Blobana has captivated the blockchain community by showcasing the potential of true AI autonomy. However, its initial consciousness engine, which relied on basic language models and limited...
