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Menampilkan postingan dari Juni 24, 2025

Analysis of 5 Cryptocurrencies with Large Market Capitalization This Week: ETH, XRP, BNB, SOL, DOGE

1. Ethereum (ETH) Ethereum showed its strength again this week. Positive sentiment came from plans to upgrade the system, which will speed up transaction confirmation in the future. Although implementation is still awaiting the next major network update, this discussion was enough to attract the interest of market participants. In addition, Ethereum continues to be seen as the backbone of many decentralized finance applications, which adds to its appeal in the eyes of long-term investors. 2. Ripple (XRP) Ripple faced a rather complex week. The asset is in a decisive area that has long been considered critical for the short-term price direction. Amidst continued strong pressure, the price rose from around $1.9 and broke through $2. This increase gives hope that buyers are still active, even though they have not been able to push prices past stronger upper limits. If the upward movement continues, XRP has the potential to test the range of $2.26 to $2.3. However, if it stalls again and l...

Powell: Not Time to Cut Interest Rates Yet, Wait for Tariff Impact

 Federal Reserve (Fed) Governor Jerome Powell assured lawmakers that the US central bank would not lower interest rates in the near future, pending further clarity on the economic impact of Donald Trump's tariff policy. “The impact of tariffs will depend, among other things, on how large the tariffs ultimately are,” Powell said in a statement prepared for delivery before Congress on Tuesday (June 24, 2025). “For now, we are in a good position to wait and see where the economy is headed before considering policy adjustments.” Powell's statement was made during his testimony before the US House Financial Services Committee, shortly after the Fed's decision last week to keep its benchmark interest rate in the 4.25%–4.5% range. The Fed's decision to hold rates steady drew criticism from Trump, who has long pushed for rate cuts and accused the Fed's policies of keeping US government borrowing costs high. "The 'latecomer' Jerome Powell from the Fed will appea...

Needham Downgrades Hims Stock After Novo Nordisk Partnership Termination

Needham downgraded Hims and Hers (NYSE:HIMS) from Buy to Hold on Monday, removing the stock from its Conviction List after Novo Nordisk ended its partnership with the company. The downgrade came despite HIMS posting an impressive year-to-date return of 165% and strong revenue growth of 86% over the past twelve months. Novo Nordisk ended the partnership on Monday morning, citing "misleading promotions and the sale of unauthorized generic versions of Wegovy" by Hims, according to Needham's research note. While Hims has not responded to the announcement, Needham believes the company is likely to continue offering personalized GLP-1 based on its interpretation of the 503A compounding regulations, which could expose Hims to litigation or regulatory action. Needham notes that Hims now faces a competitive disadvantage as both Lilly and Novo Nordisk maintain partnerships with Hims' competitors in the telehealth and prescription drug space. The firm does not expect Hims' w...

Global Oil Prices Could Reach US$80 per Barrel

 The escalation of armed conflict between Iran and Israel, which recently involved the United States, has caused a surge in prices on the global oil market. The continuing escalation of the conflict between the two sides is predicted to push oil prices up to US$80 per barrel. The prices of mining commodities, such as gold, are also predicted to rise. West Texas Intermediate (WTI) crude oil reached 74.87 US dollars per barrel, marking a 1.03 percent increase since the market opened. Brent crude oil prices have already reached 78 US dollars per barrel, even briefly touching 79 US dollars per barrel, the highest level since January 2025. The main trigger for the surge in global crude oil prices was the US attack on three Iranian nuclear facilities over the weekend. This price movement, in the context of the market's immediate reaction to escalating geopolitical tensions, can be considered quite aggressive. "The oil market is known to be highly sensitive to turmoil in the Middle E...

Iran Attacks US Military Base in Qatar!

 Iran's National Security Council confirmed that it had attacked the main US military base in Qatar. The attack was described as retaliation for the US attack on its nuclear facilities. "In response to the aggressive and provocative actions of the US against Iran's nuclear sites and facilities, several hours ago, the powerful armed forces of the Islamic Republic of Iran attacked the US airbase in Al-Udeid, Qatar," the council stated in a statement, as reported by AFP. They also emphasized that the attack posed no threat to its neighbors in the Gulf. They claimed that the number of missiles used was the same as the number of bombs used by the US in its attack on Iran's nuclear facilities. "This action does not pose any threat to our friendly and brotherly nation, Qatar," he added. Qatar then stated that it had the right to respond after Iran attacked the US Al Udeid base, located in the Gulf state. It is known to be the largest US military facility in the...