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Gold Will Likely Retest Historic Highs Soon

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Fed Weighs September Rate Cut as Inflation Cools and Unemployment Rises

Fed Minutes Drop Today, But All Eyes Are on Powell’s Jackson Hole Speech

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Greece: Continued Debt Reduction Supports Favourable Credit Trajectory

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U.S. Home Prices Up 4.2% YoY in August, 20-City Index Gains 5.2% as High Rates Curb Growth

October ADP Report: Private Sector Adds 233K Jobs, Defies Economic Pressures

U.S. Q3 GDP Grows 2.8%, Misses Forecast as Housing and Income Growth Slow

U.S. Job Growth Slows Sharply in October—Only 12,000 Jobs Added!

UK: Budget Aims for Growth but Easing of Fiscal Rules Raises Economic Risks

US: Clear-cut Trump Victory Raises Medium-term Economic Risks Despite Reduction of Near-term Political Uncertainty

Germany: Stable Government Needed to Address Shifts in US Policy and Raise Growth Outlook

October PPI Rises 0.2%, Supporting Fed Rate Cut Hopes as Inflation and Jobs Steady

Crude Inventories Rise By 2.1 Million Barrels, Exceeding Analyst Estimates

France’s Economic Strengths Balance Increasingly Challenging Fiscal, Political Outlooks

China Retail Sales Jumps in October as Unemployment Drops to 5.0%

ACY Securities Expands Global Footprint with Acquisition of Ingot Brokers in South Africa

October Retail Sales Rise 0.4%, Show Resilience Despite Slowing Momentum

B2CORE Android App 2.0: A New Level of Control and Convenience

RoboForex Receives Best Introducing Broker Programme Award

Octa Secures Prestigious ‘Best Funds Security Indonesia 2024’ Award

NAHB Housing Market Index Rises To 46, Beating Analyst Expectations

October Housing Permits, Starts Miss Estimates Amid High Rates, Bearish Trends

UK Inflation Rate Jumps to 2.3% Hitting the Brakes on a BoE Rate Cut

The Crypto Market Loses Some Spark

Hola Prime Sets New Industry Standard as the World’s Leading Transparent Prop Trading Firm

Nasdaq and S&P 500: Can Nvidia’s Results Reignite Tech Stock Momentum?

NASDAQ, Dow Jones and S&P 500 Forecast – US Indices Continues to Rally on Wednesday

Bitcoin Price Outlook – Bitcoin Continues to See Buying Pressures

Nasdaq and S&P500: AI Spending Concerns Pressure Tech Stocks Ahead of Nvidia Earnings

EIA:  U.S. Crude Stocks Rise as Imports Surge, Refinery Activity Slows

Crude Oil Price Forecast – Crude Oil Continues to Bounce Around

US Dollar Forecast: Rallies as Fed Rate-Cut Odds Shift; Euro Parity Looms

3 Cardano Indicators Showing 35% ADA Crash Potential by December

Gold Price To Re-Test $2,700

Natural Gas, WTI Oil, Brent Oil Forecasts – Cold Weather Lifts Gas, Oil Faces Pressure

Natural Gas Price Forecast: Surges Past Key Levels, Eyeing Higher Targets

Nasdaq Traders Brace for Volatility as Nvidia’s Q4 Guidance Signals Supply Constraints

Gold, Silver, Platinum Forecasts: Gold Rises on Fears, Silver, Platinum Stay Weak

Japanese Yen and Australian Dollar News: BoJ and RBA Governors in the Spotlight

Oil and Natural Gas Technical Analysis: Geopolitical Tensions and Seasonal Demand

XRP News Today: Will Gensler’s Resignation Push XRP Toward $1.50 as BTC Eyes 95k?

Hang Seng Index and Nikkei 225 Fall Amid Nvidia Supply Concerns and Fed Rate Shifts

Dax Index News: Will Geopolitical Risk and Fed Extend the Losing Streak?

Natural Gas and Oil Forecast: Will OPEC+ Output Cuts Delay Price Recovery?

Gold (XAU) Daily Forecast: Geopolitical Risks Push Prices Toward $2,680 Resistance

US Dollar Forecast: US Jobless Claims and Home Sales Shape Gold, GBP/USD, EUR/USD Outlook

BlackRock’s Bitcoin Options Spark $1.9B Frenzy as Institutions Bet Big

IC Markets Global and World Table Tennis (WTT) Renew Partnership for Another Thrilling Season

Oil News: Geopolitical Premium Rises as Russia-Ukraine War Enters New Phase

Gold News: XAU Prices Rally as Key Resistance Zone is Put to the Test

Silver (XAG) Forecast: Will Bulls Push Prices Past Key Resistance at $31.29?

EUR/USD, USD/JPY and AUD/USD Forecast – US Dollar Still Looks Strong Overall

Natural Gas News: Colder Weather Spurs Rally in Futures; Traders Eye EIA Data

NASDAQ, Dow Jones and S&P 500 Forecast – US Indices Look Ready to Rally Again

Weekly Unemployment Claims Decline as Manufacturing Activity Softens

S&P 500: Tech Stocks Rally as Nvidia Recovers and Bitcoin Hits $98K

Silver Price Outlook – Silver Continues to See Noisy Consolidation

Bitcoin Price Outlook – Bitcoin Continues to Rally Hard on Thursday

Gold Price Outlook – Gold Continues to Look Strong on Thursday

Crude Oil Price Outlook – Crude Oil Continues to See Bounce

Natural Gas Price Outlook – Natural Gas Continues to See Buyers

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What is Groestlcoin?

Groestlcoin is a proof of work cryptocurrency created in 2014. Designed for everyday use, Groestlcoin features an average block time of one minute, as opposed to Bitcoin's ten. As a consequence, it has a maximum total supply that will cap out at 105 million coins, as opposed to the 21 million for Bitcoin. The main idea of creating Groestlcoin was to establish an electronic payment model that was purely based on mathematical proof. It uses the proof of work system (POW) to facilitate secure online money transactions. This is a system that is independent of influence from centralized authorities.

How does it work?

Groestlcoin is mined using the Groestl algorithm. Groestl was chosen as one of the five finalists of the NIST hash function competition. It uses the same S-box as AES in a custom construction. The cryptocurrency operates as open source software on a peer-to-peer model (transactions take place directly between the payer and payee). This means that no trusted intermediary such a bank or PayPal is required to verify the details of the sender and receiver. Rather, the transactions are verified by nodes (the network of computers/users spread globally) and recorded in an open ledger.

What does it aim to solve?

With a shorter block period than Bitcoin, Groestlcoin aims to be more functional for everyday payments. Merchants don’t need to wait 10 minutes to confirm whether or not they have received their payment. The reduction in hashrate intensity also gave Groestlcoin an opportunity to be mined by individuals with less computing power. However, companies and teams have created ASICs for Groestlcoin, albeit at a higher cost than creating ASICs for Bitcoin. Rather than just a simple fork, Groestlcoin also works to adopt developments and additions inspired from discussions surrounding the Bitcoin network, and was actually one of the first adopters to several key features such as Segregated Witness (SegWit) and the Lightning Network.

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