Author: bitlyfool
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TripAdvisor takes itself off the market leaving analysts split on company’s fate (TRIP)
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It’s been a tough week for TripAdvisor (Nasdaq: Journey) which declined at Friday’s close by more than 30% from last week, as first-quarter results were affected by the company’s decision to withdraw from the takeover dispute. Disappointed investors were bailed out of shares, wiping out all the gains made when…
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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.62% By Investing.com
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Investing.com – Saudi stocks fell after the close on Sunday, as losses in stocks and sectors led shares lower. At the close in Saudi Arabia, the index lost 1.62%, reaching a new low in 3 months. Among the leading stocks today, the Saudi Dairy and Food Products Company (Tadawul:) emerged,…
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Mysterious 2010 Bitcoin Whale Launches Bitcoin-Only Market-Making Certificate
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The following is an excerpt from the latest issue of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain Bitcoin market analysis directly to your inbox, subscribe now. introduction: Bitcoin Volatility Premium AMC, an innovative investment product, has become…
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Viking founder Torstein Hagen on the luxury cruise line specifically for baby boomers
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Veteran cruise participant Julia Wilcox, at just 24 years old, is accustomed to having her inbox flooded with promotional emails from cruise lines courting loyal customers. But Wilcox, who blogs about her cruise experiences On TikToksaid one cruise line takes a more personal approach to its marketing: Two or three…
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Bitcoin On-Chain Activity Nearing Historic Lows
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Bitcoin price has continued to move within a consolidation range since hitting a new all-time high in mid-March. This slow price movement has been a concern for most investors, especially when the leading cryptocurrency recently lost support at the $60,000 level. Interestingly, price is not the only Bitcoin metric that…
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Reversal fears drive uptake of Pochi La Biashara service
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Fears of a reversal by small businesses such as matatu and boda boda operators have led to increased adoption of Safaricom’s Pochi La Biashara system, with the number of farmers doubling to 632,681 by the end of March this year. In the same period last year, there were 292,634 Pochi…
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Analysis-Why China’s tolerance for a cheaper currency may be temporary By Reuters
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SHANGHAI (Reuters) – Currency markets are reading subtle signals from Chinese authorities as an indication that they are slowly pushing the yuan lower to restore export competitiveness, but analysts say the yuan’s prolonged weakness is neither the goal nor what is desired. The biggest signal of tolerance for yuan weakness…
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KangaMoon’s unique P2E approach attracts Internet Computer and Worldcoin traders
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. See how far Internet Computer, Worldcoin, and KangaMoon could rise in 2024 to decide which cryptocurrency to diversify into. More than 1.5 million individuals from more than 30 countries…
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Used car darling Cazoo on brink of insolvency
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Cazoo, the used car company founded by Alex Chesterman, is facing the possibility of administration as it struggles to secure emergency funding to address its significant losses. The company has applied for protection from its creditors, and is seeking ten days of protection from creditor claims while it explores options…
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Weekly Market Outlook (13-17 May)
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Upcoming events: Monday: New Zealand Services Purchasing Managers’ Index. Tuesday: Japanese Producer Price Index, UK Labor Market Report, Eurozone ZEW, US NFIB Small Business Optimism Index, US Producer Price Index, Fed Chairman Powell’s speech. Wednesday: Australian Wage Price Index, Eurozone Industrial Production, US CPI, US Retail Sales, US NAHB Housing…
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Bitcoin Unable to Recover Decisively, Ethereum Consolidates Below $3K (Weekend Watch)
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The cryptocurrency market has calmed down significantly over the past 24 hours, halting the downward attack and finding some consolidation in the process. Bitcoin is trading at around $61,000 on Sunday morning, while Ethereum is now firmly below the $3,000 pivot level. Are the Bitcoin bulls regrouping? like CryptoPotato As…
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Schools turn to artificial intelligence to spot guns as companies press lawmakers for state funds
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Breadcrumb links BMN Business Article writer: Associated Press David A. Lieb and John Hanna Posted on May 12, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content TOPEKA, Kan. (AP) — Kansas could soon…
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Micron upgraded amid ‘unprecedented outlook for memory’ By Investing.com
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Investing.com – Here are the biggest artificial intelligence (AI) analyst moves this week. InvestingPro subscribers always get the first feedback from market-moving AI analysts. Upgrade today! Apple’s focus on AI is ‘clearly visible’ – BofA During the week, analysts at Bank of America Securities reiterated a buy rating and price…
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SEC Counters Coinbase’s Petition For New Crypto Regulations
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The US Securities and Exchange Commission (SEC) has filed a counterproposal against Coinbase’s petition to set rules for the cryptocurrency industry. in A summary has been provided On May 10, the US regulator objected to Coinbase’s request, saying there was no need to create a regulatory framework for cryptocurrency assets…
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Dollar up slightly after consumer sentiment data, CPI eyed By Reuters
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Written by Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose on Friday after a reading on U.S. consumer sentiment as investors sorted through a batch of comments from Federal Reserve officials, with focus beginning to shift toward key inflation readings next week. The dollar pared its declines and turned…
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Samourai Wallet: Breaking Down Dangerous Precedents
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On Wednesday, the founders of the Bitcoin privacy wallet Samourai Wallet were arrested and charged on behalf of the US government. The indictment could set dangerous precedents beyond Bitcoin privacy services. “If your government is concerned about its citizens’ control over their money, the most important question you should ask…
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UK mountaineer logs most Everest climbs by a foreigner, Nepali makes 29th ascent By Reuters
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Written by Gopal Sharma KATHMANDU (Reuters) – A British climber and a Nepalese guide have broken their own records for most ascents of Mount Everest, the world’s highest mountain, hiking officials said on Sunday. Rakesh Gurung, director of the Nepalese Ministry of Tourism, said that Briton Kenton Cole (50 years…
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Canadian consumer spending strengthened broadly in April – RBC
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Red blood cells Outside From our monthly Canadian consumer spending tracker, the picture looks positive, with spending increasing in almost all categories. Retail sales, excluding automobiles, saw significant growth during the month, driven largely by higher purchases related to homes, sporting goods and apparel. These trends point to a broader…
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Cardano Ready For 15x Move, Crypto Analyst Reveals The Major Drivers
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Cardano (ADA) Looks ready to make a move to the upside, with… Cryptoanalyst Javon Marks Revealing what could make a crypto token see its price increase by 15 times. Marks’ analysis comes amid recent price forecasts, which paint a bullish outlook for Cardano. How could Cardano see a 15x price…