Tag: falling
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A Power Rally for Stocks is Coming in July Driven by Falling Oil Prices and Softening Inflation Data
Jay Hatfield, CEO of Infrastructure Capital Advisors, has predicted a significant upturn in the stock market for July, attributing this optimistic outlook to a confluence of factors including declining oil prices and moderating inflation figures. Hatfield’s analysis, shared with Fox Business, suggests that crude oil, which has recently dipped below the $70 mark and is…
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XRPL Fee Data Puts Activity Back In Focus Amid Falling Network Revenue
The XRP Ledger (XRPL) has recently come under intense scrutiny from market analysts and on-chain researchers following a significant dip in network-wide fee generation. Data aggregated from DefiLlama and various XRPL-native explorers, including Bithomp, indicates that daily transaction fees on the network have plummeted to levels below $400. This development has sparked a broader conversation…
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