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Bitcoin Price Falters as Institutional Accumulation Fails to Break $71,000 Resistance

Bitcoin faces stiff resistance near $71,000 despite Binance and Strategy’s multi-hundred million dollar acquisitions. Market sentiment remains “teetering” as TradFi deleveraging and high correlation with tech stocks continue to weigh on digital assets. OKX CEO Star Xu criticizes competitors’ marketing-driven accumulation, warning of “eroded trust” and “Ponzi-like schemes” in the ecosystem. Trending: Bitcoin Price Prediction

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USD/JPY slides over 1% at the start of the week

The USD/JPY pair has been under sustained selling pressure since the week began, as reflected on the chart. The decline has been driven by a mix of political and macroeconomic factors: → Stronger yen following political developments. Prime Minister Sanae Takaichi secured a convincing win in Sunday’s snap election on 8 February, gaining a parliamentary

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Elev8’s 2026 Market Outlook: Gold, Dollar, Crypto, and a Harder Game

Making predictions in financial markets has never been a rewarding exercise. Forecasts are ultimately judged with the benefit of hindsight, often stripped of the context in which they were made. In today’s environment, even the most carefully constructed outlooks can become obsolete overnight — sometimes before the ink has dried. The gold market offered a

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Ex-FTX Staff’s Backpack Plans 1B-Token Launch Tied to Potential IPO

How Backpack Plans to Roll Out Its Token Supply Backpack, a crypto exchange founded by former employees of FTX, said it plans to launch a token with a total supply of 1 billion units, linking the release schedule directly to its longer-term ambition of going public in the United States. In a post on X

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EURJPY Technical Analysis Report 10 February, 2026

Given the strength of the resistance level 186.20 and the widespread bullish yen sentiment that can be seen across the FX markets today, EURJPY currency pair can be expected to fall to the next support level 182.50 (which stopped multiple corrections from January – a, b and 4).   EURJPY reversed from resistance area Likely

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MrBeast Buys Gen Z Finance App Step in Push to Teach Financial Literacy at Scale

Jimmy Donaldson, better known as MrBeast, has expanded his fast-growing business empire into financial services with the acquisition of Step, a Gen Z-focused banking and financial education platform. The deal was announced by Donaldson on social media, positioning the world’s most-followed YouTuber as a new entrant into youth finance. Step offers debit and credit cards,

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Amazon (AMZN) Shares Attempt to Stabilise After Disappointing Results

Amazon (AMZN) shares have come under significant pressure following the company’s weak earnings report on 5 February, as shown by the chart: → Revenue: $213.4 bn (expected: $211.4 bn) → EPS: $1.95 (expected: $1.97) The report was weighed down by Amazon’s announcement that it plans to spend $200 bn on capital projects in 2026, largely targeting AI, data

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Chainlink Technical Analysis Report 11 February, 2026

Given the strength of the resistance level 9.080, strong daily downtrend and the predominantly bearish sentiment that can be seen across the cryptocurrency markets today, Chainlink cryptocurrency can be expected to fall to the next support level 7.375 (which stopped the previous impulse wave v at the start of February).  Chainlink reversed from resistance level

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Global FX Summary: NFP Tension Fuels Fed Pivot Bets, Dollar Softens, Gold Holds $5K, Yen Rebounds, Political Risks Rise — 11 February 2026

Markets await NFP; cooling jobs may trigger Fed rate cuts, weaken dollar, boost metals, amid global currency volatility and equities. The NFP Fever and the Federal Reserve Pivot The global financial landscape is currently held in suspense by the “NFP fever,” as the delayed US Nonfarm Payrolls report becomes the ultimate arbiter of market direction.

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USD/ZAR forecast:  South African rand rally confronts key risk

The South African rand continued its uptrend against the United States this year. The USD/ZAR exchange rate was trading at 16.45 on Monday, down by 17.50% from its highest point in 2025. So, will the rand rally continue as a fresh risk emerges? South Africa could attract more Trump ire The ongoing South African rand

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