This article was written by Giuseppe Dellamotta at www.forexlive.com.
Rand Al Kharashi, a visionary young Saudi entrepreneur, aims
to redefine the world of DeFi. By securing a WIPO PCT for the proprietary
technology behind Quintes Protocol, she has reaffirmed her mission to upend the
cryptocurrency market with the world’s first perpetually appreciating asset,
offering a groundbreaking model for predictable and sustainable annual price
growth.“
„This is more than a milestone for Quintes Protocol –
it’s an affirmation that exceptional and continued value can be created in the
crypto field,“ said Rand Al Kharashi, Founder and Inventor of Quintes.
„Quintes is the world’s first crypto asset that is engineered for
continued high price growth. Backed intensive research, verifications, and the
knowledge of renowned token engineers and researchers from leading blockchain
companies, Quintes has just one destination: to pioneer the future of DeFi with
unmatched growth, blazing the way for an exciting new world of cryptocurrency
value.“
QNT: A Revolutionary Leap in DeFi
The Quintes Protocol is set to revolutionize the market with
its groundbreaking cryptonomics. By employing innovative mechanisms, it
reimagines financial instruments, offering a compelling alternative to
equities, commodities, and digital assets. This transformative approach
positions the protocol to deliver competitive performance while challenging the
status quo of traditional financial systems.
Quintes introduces QNT, the first token designed to
consistently appreciate in value, addressing challenges like unsustainable
yields and asset depreciation. By leveraging an innovative
over-collateralization strategy, novel cryptonomics, and AI-driven high-frequency
trading, QNT ensures predictable price growth, combining scalability with
long-term sustainability.
“We’ve seen the potential for cryptocurrencies to achieve
great returns for investors, but that growth is fickle. Growth bubbles occur,
burst suddenly and unexpectedly, and the value is often lost. It may be
possible for an asset to rebuild to match or even exceed its previous high, but
there’s always an element of risk.” Said Rand Al Kharashi, Founder and Inventor
of Quintes. “The value of existing crypto, and even more traditional investment
assets, is never guaranteed. That is what inspired the creation of Quintes and
the concept of perpetual growth, based on predictable collateral value
appreciation.”
Why the PCT Patent Matters
The decision to file for a WIPO PCT patent underscores Al
Kharashi’s commitment to protecting Quintes’ pioneering engineering on a global
scale. This strategic move ensures that Quintes’ innovative protocol is
safeguarded as it seeks patent protection in numerous countries, providing a
robust foundation for its international expansion, future success and eventual
preparation to become open source.
Backed by Elite Research and Talent
The development and engineering of Quintes Protocol is
grounded in rigorous research conducted by Kitabq Research Lab, which was
founded by Al Kharashi. Over two years, Kitabq’s cryptonomics research has been
instrumental in shaping Quintes’ architecture and mechanisms.
Quintes’ technical team is a powerhouse of talent, featuring
elite token engineers and data scientists from industry giants like ConsenSys,
Binance, Algorand, and Morgan Stanley. Collectively, this team has raised over
$600 million in capital and achieved successful exits in both Web3 and Web2
domains.
Anticipated Launch and Investment Opportunities
Scheduled for an official launch in January 2025, the
Quintes Protocol aims to introduce its innovative DeFi platform to the market,
offering stakeholders a novel approach to sustainable digital asset growth. A
recent simulation test revealed Quintes‘ positive performance even in bearish
market conditions, highlighting its resilience and potential. As Quintes gears
up for its groundbreaking debut, the team is actively seeking investment to
drive its vision forward.
About Quintes Protocol
Quintes Protocol (www.quintes.org) is a groundbreaking
decentralised finance (DeFi) platform that aims to revolutionise the world of
digital assets and financial transactions. Founded by visionary Saudi
entrepreneur, Rand Al Kharashi, Quintes leverages cutting-edge cryptonomics to
deliver predictable and sustainable annual price growth, outpacing traditional
and crypto asset classes. The patented technology behind Quintes‘ novel,
high-yield and fully collateralized digital asset, QNT, is secured by a World Intellectual
Property Organization (WIPO) Patent Cooperation Treaty (PCT), representing a
major leap forward in the DeFi space. The development of Quintes Protocol has
been supported by extensive research from Kitabq Research Lab, led by Al
Kharashi.
This article was written by FL Contributors at www.forexlive.com.
2025: 80 bps
2025: 151 bps
2025: 76 bps
Rate hikes by year-end
2025: 44 bps
*where you see 25 bps rate cut, the rest of the probability is for a 50 bps cut
This article was written by Giuseppe Dellamotta at www.forexlive.com.
It’s all high-level commentary from China once again following one of their most important economic meetings in setting out targets for next year. As for the headline remark, it is well expected after Xi boasted about that already here earlier this week. Much of the other commentary isn’t anything new as Chinese officials have got their work cut for them in trying to revive domestic demand in the country, as has been the case for the last few years.
This article was written by Justin Low at www.forexlive.com.
The US CPI report yesterday came in line with
expectations and sealed the 25 bps cut next week with the probabilities
standing around 97%. The Nasdaq rallied strongly as there were fears of
potentially higher than expected data and the hedges into the CPI release got
unwound.
Overall, the market’s
pricing remains largely unchanged around three rate cuts by the end of 2025. We
will likely need stronger evidence of inflation re-accelerating to price out
the remaining rate cuts. For now, the conditions for further upside remain in
place.
In fact, Trump’s policies should
be a positive driver for growth in 2025 and with the Fed remaining in an easing
cycle, growth should remain positive and might even accelerate as seen already recently
by the Atlanta Fed GDPNow indicator.
The risk in 2025 will be
inflation and the Fed’s reaction function. Right now, the Fed’s reaction
function is that a strong economy would warrant a slower pace in the easing
cycle and not a tightening. That should still be supportive for the stock
market.
If the Fed’s reaction
function were to change to a potential tightening, then that will likely
trigger a big correction in the stock market on expected economic slowdown. For
now, we remain in a “buy the dip” environment.
Nasdaq
Technical Analysis – Daily Timeframe
On the daily chart, we can
see that the Nasdaq extended the rally into a new all-time high following the
US CPI release. From a risk management perspective, the buyers will have a much
better risk to reward setup around the major trendline. The sellers, on the other hand, will
want to see the price breaking lower to target a drop into the 20381 level.
Nasdaq Technical
Analysis – 4 hour Timeframe
On the 4 hour chart, we can
see that we have a minor trendline defining the current bullish momentum on
this timeframe. If we get a pullback into it, we can expect the buyers to lean
on the trendline to position for new highs, while the sellers will look for a break
lower to position for a break below the major trendline.
Nasdaq Technical
Analysis – 1 hour Timeframe
On the 1 hour chart, we have
the recent high that might act as support if the bullish momentum remains strong.
The buyers will likely step in around the support to target new highs, while
the sellers will look for a break lower to position for a drop into the trendline.
A hot US PPI today might provide a pullback, while soft figures should trigger
another rally. The red lines define the average daily range for today.
Upcoming Catalysts
Today we get the latest US jobless claims figures and the US PPI report.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
The crypto market is flexing its muscles today, showing a strong rebound that’s got traders buzzing! Bitcoin (BTC) is leading the way, up 1.65% to $98,259.15—just shy of that magical $100K mark. Ethereum (ETH) isn’t slouching either, climbing 2.37% to $3,716.60, while Solana (SOL) is stealing the show with a massive 5.31% pump to $225.11. Let’s break it down 👇:
💥 What’s Fueling This Rally?
Regulatory Optimism:
Big Players Are Back:
Altcoins Are Shining:
🔎 Liquidations: The Secret Sauce
Those pesky short-sellers just got rekt! 🚨 The stats show significant liquidation volumes, particularly for BTC, ETH, and XRP shorts. And when shorts get crushed, prices tend to pump hard. It’s like rocket fuel for the bulls. 🚀
🌟 Why Should You Care?
📈 What’s Next?
Final Thoughts 🤑
Today’s turnaround is a reminder that crypto is never boring. Whether you’re trading or just holding, the market’s momentum is tilting in favor of the bulls. Let’s see if this energy can carry us through the week. Don’t forget—always zoom out and trade smart! 🚀📈
So, what’s your next move? Let us know in the comments or share your trades! 👇 Alwys invest/trade crypto at your own risk only and visit ForexLive.com for additional views.
This article was written by Itai Levitan at www.forexlive.com.
The US Dollar continues to
consolidate around the highs although it’s stronger against the commodity
currencies. In the bigger picture, the market reached the peak in the repricing
of interest rates expectations, and it will need stronger reasons to price out
the remaining rate cuts for 2025.
In fact, despite lots of
strong US data, the market’s pricing remaining largely unchanged around three
rate cuts by the end of 2025. The focus is now on the US CPI report. It looks
like the Fed really wants to cut next week before pausing for some months. So,
we might need an upside surprise in the core inflation numbers to force them to
change plans.
Even if the Fed decides to
cut next week despite a hot CPI, the market will likely scale back further the
rate cuts expectations for 2025 and that could trigger some risk aversion with
the US Dollar rallying across the board. The best scenario would be a soft
report given the overstretched long positions in the greenback. In such a case,
we can expect the US Dollar to selloff across the board.
On the NZD side, the RBNZ cut interest rates by 50 bps as expected
recently. We haven’t got any fresh New Zealand data in the meantime, but the
market increased the chances for a 50 bps cut in February to 57% with a total
of 104 bps of easing by the end of next year.
NZDUSD
Technical Analysis – Daily Timeframe
On the daily chart, we can
see that NZDUSD sold off all the way to the 2023 low around the 0.5773 level.
This is where we can expect the buyers to step in with a defined risk below the
level to position for a rally back into the 0.6050 level. The sellers, on the
other hand, will want to see the price breaking lower to increase the bearish
bets into new lows.
NZDUSD Technical
Analysis – 4 hour Timeframe
On the 4 hour chart, there’s
not much we can add here as the buyers will look for a rally from this level
and the sellers will look for a break. From a risk management perspective, the
sellers will have a better risk to reward setup around the trendline although we will likely need a soft
US CPI report today to trigger a rally into the trendline.
NZDUSD Technical
Analysis – 1 hour Timeframe
On the 1 hour chart, we can
see that we have a minor downward trendline defining the current bearish
momentum on this timeframe. The sellers will likely continue to lean on it to
position for new lows, while the buyers will look for a break higher to
increase the bullish bets into the major trendline. The red lines define the average daily range for today.
Upcoming
Catalysts
Today we get the US CPI report. Tomorrow, we have the US Jobless Claims and
the US PPI.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
The US Dollar continues to
consolidate around the highs although it’s stronger against the commodity
currencies. In the bigger picture, the market reached the peak in the repricing
of interest rates expectations, and it will need stronger reasons to price out
the remaining rate cuts for 2025.
In fact, despite lots of
strong US data, the market’s pricing remaining largely unchanged around three
rate cuts by the end of 2025. The focus is now on the US CPI report. It looks
like the Fed really wants to cut next week before pausing for some months. So,
we might need an upside surprise in the core inflation numbers to force them to
change plans.
Even if the Fed decides to
cut next week despite a hot CPI, the market will likely scale back further the
rate cuts expectations for 2025 and that could trigger some risk aversion with
the US Dollar rallying across the board. The best scenario would be a soft
report given the overstretched long positions in the greenback. In such a case,
we can expect the US Dollar to selloff across the board.
On the GBP side, the last UK CPI report came in higher than expected. The BoE’s
members sounded a bit less dovish recently and although BoE’s Governor Bailey expects four rate cuts by the end
of 2025, the market thinks otherwise seeing three rate cuts as the most likely
scenario for now.
GBPUSD
Technical Analysis – Daily Timeframe
On the daily chart, we can
see that GBPUSD managed to break above the major downward trendline. The bullish momentum might now increase
but it will need support from a benign US CPI today as a hot report will likely
boost the USD. The sellers will want to see the price breaking below the major
upward trendline to position for a drop into the 1.23 handle next.
GBPUSD Technical
Analysis – 4 hour Timeframe
On the 4 hour chart, we can
see that we have a minor upward trendline defining the current bullish
momentum. We have also a strong support
zone around the 1.2715 level which should give the buyers a strong technical
level where to lean on with a defined risk below the support. The sellers, on
the other hand, will want to see the price breaking lower to position for a
drop into the major upward trendline.
GBPUSD Technical
Analysis – 1 hour Timeframe
On the 1 hour chart, there’s
not much else we can add here as the US CPI report today should decide where we
go next. A break above the counter-trendline around the 1.2780 level should
increase the bullish momentum. The red lines define the average daily range for today.
Upcoming
Catalysts
Today we get the US CPI report. Tomorrow, we have the US Jobless Claims and
the US PPI. Finally, on Friday we conclude the week with the UK GDP.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
It is being reported that the US trade representative’s office will later today announce a doubling of tariff on Chinese solar wafers and polysilicon to 50%, with tungsten products also to be slapped with a 25% levy. This as part of Biden’s final efforts to protect US manufacturing from China’s cleantech industry.
The new tariffs are said to go into effect on 1 January, just a little less than three weeks before Trump officially takes office.
For some background, the solar wafers and polysilicon are primarily used in solar cell manufacturing while tungsten can be used in a variety of things but is arguably targeted as part of weaponry and chip making processes. All in all, it’s yet another area in which US is targeting China as part of the tech war between the two countries.
The full report by the FT can be found here (may be gated).
This article was written by Justin Low at www.forexlive.com.
The US Dollar continues to
consolidate around the highs although it’s stronger against the commodity
currencies. In the bigger picture, the market reached the peak in the repricing
of interest rates expectations, and it will need stronger reasons to price out
the remaining rate cuts for 2025.
In fact, despite lots of
strong US data, the market’s pricing remaining largely unchanged around three
rate cuts by the end of 2025. The focus is now on the US CPI report. It looks like the Fed really wants to cut next week before pausing
for some months. So, we might need an upside surprise in the core inflation
numbers to force them to change plans.
Even if the Fed decides to
cut next week despite a hot CPI, the market will likely scale back further the
rate cuts expectations for 2025 and that could trigger some risk aversion with
the US Dollar rallying across the board. The best scenario would be a soft
report given the overstretched long positions in the greenback. In such a case,
we can expect the US Dollar to selloff across the board.
On the EUR side, tomorrow the
ECB is expected to cut interest rates by 25 bps bringing the policy rate to
3.00%. The market’s pricing has been very aggressive lately due to a series of
weaker than expected economic releases, but the majority of ECB’s officials
pushed back against a 50 bps cut in December. After this week’s cut, the market
sees five more in 2025 which could turn out to be too much if things pick up
next year.
EURUSD Technical
Analysis – Daily Timeframe
On the daily chart, we can
see that EURUSD continues to consolidate between the 1.06 resistance
and the 1.05 support. From a risk management perspective, the sellers will have
a better risk to reward setup around the trendline to position for a drop into new
lows. The buyers, on the other hand, will want to see a break higher to
increase the bullish bets into the 1.09 handle next.
EURUSD Technical
Analysis – 4 hour Timeframe
On the 4 hour chart, we can
see more clearly the rangebound price action that’s been going on for a few
weeks as the market reached the peak in the repricing of rate cuts for the Fed.
We have an interesting zone around the 1.0550 level that’s been acting as kind
of a barometer with the price above it being more bullish and below it being
more bearish. Overall though, we continue to trade in a range and the US CPI
report today should finally get us out of it.
EURUSD Technical Analysis – 1 hour Timeframe
On the 1 hour chart, we can
see that we have a downward trendline defining the current bearish momentum.
The sellers will likely continue to lean on it to position for new lows, while
the buyers will look for a break higher to target the major trendline. The red
lines define the average daily range for today.
Upcoming
Catalysts
Today we get the US CPI report. Tomorrow, we have the ECB rate decision, the
US Jobless Claims and the US PPI.
This article was written by Giuseppe Dellamotta at www.forexlive.com.