Author: bitlyfool
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Greenback strength to persist on delayed Fed rate cut calls By Reuters
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Written by Sarobiya Ganguly BENGALURU (Reuters) – The US dollar’s rise will remain steady and may trade more strongly than expected in the coming months if policies from the Federal Reserve and other major central banks diverge, according to forex strategists polled by Reuters. The dollar has recovered from the…
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XRP Holders Stack Coins Despite Price Dip: Bullish Signal?
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The cryptocurrency market has been hit hard by recent storms, with many altcoins seeing significant price drops. However, XRP appears to be weathering the storm with a hint of defiance. Despite its low price, on-chain data reveals interesting trends that point to a potential upside for XRP investors. XRP Accumulation…
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3 AI Stocks That Have More Upside Than Nvidia, According to Wall Street
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Nvidia It has undoubtedly been the most owned artificial intelligence (AI) stock over the past year and a half. Since the start of 2023, the chipmaker’s shares have risen a staggering 500%. Not many stocks generate these types of returns over a period of time a contract Or even longer,…
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Premium Forex Watch Recaps: April 29 – May 3, 2024
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Global employment updates, easing tensions in the Middle East, and the Federal Reserve’s latest statement were some of the biggest drivers this week, leading our strategists to focus primarily on the US dollar and the US Dollar. Out of six discussions, Only two scenario/price forecasts saw both financial and technical…
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Tron’s Justin Sun dominates liquid restaking protocol
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Tron founder Justin Sun is back in the spotlight with his recent cryptocurrency deposit activity. Blockchain data reveals that the Sun wallet, identified as “0x7a9…3095,” has transferred a total of 120,000 eETH, which are tokens pegged to Ethereum, to the Swell L2 liquid repository protocol. Justin Sun shakes up DeFi…
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United, American agree to $8.5B upgrade to Chicago O’Hare Airport
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Grovib Years after it was first announced, a major construction project at Chicago O’Hare Airport is now underway following plan agreements secured by the airport’s two main carriers, United Airlines (Nasdaq: UAL) and American Airlines (NASDAQ:AL). Station area The project, which was first announced in 2018, includes the construction of…
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Japan FM Suzuki: Rapid currency moves are undesirable.USDJPY bounces off KEY support
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Japanese Finance Minister Suzuki speaks over the wire saying: Forex levels should reflect economic fundamentals If currency movements are excessive, we may need to smooth them It is desirable for the foreign exchange market to move steadily, noting that currency market fluctuations are undesirable Rapid currency movements are undesirable because…
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These Divisions Contributed Significantly to Tether’s Q1 2024 Profit of $4.52B
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Earlier this week, the largest stablecoin issuer, Tether, revealed that it generated more than $4.52 billion in net profits in the first quarter of 2024. With the company recently expanding its operations, a large portion of the profits came from its long-standing operations. Existing companies, not newly formed divisions. pregnancy…
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Chinese President Xi Jinping begins charm offensive in Europe amid growing uncertainty about future U.S. support for allies
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Chinese President Xi Jinping has embarked on a three-country trip Trip to Europe Sunday with the continent divided over how to deal with Beijing’s growing power and the rivalry between the United States and China. European automakers are losing ground Supported Chinese electric cars. Diplomats are worried Alleged Chinese spies…
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Wall Street’s in-depth look at Coinbase’s trajectory By Investing.com
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Updated financial article: Coinbase (NASDAQ:) Global, Inc. (Stock symbol: COIN) Coinbase International (ticker: COIN) is facing a mixed financial outlook as analysts offer different views on the company’s future. The cryptocurrency market continues to offer growth opportunities, although Coinbase’s path is fraught with regulatory and competitive challenges. Company overview Coinbase…
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Are Ethereum And XRP Securities? Ripple CEO Weighs In On The Debate
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US Securities and Exchange Commission for a long time He was at odds With the cryptocurrency industry, especially regarding the security status of certain cryptocurrencies. Ripple CEO Brad Garlinghouse recently had some strong opinions on the matter that he’s not afraid to share. Speaking in an interview, Garlinghouse noted that…
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Rita Kavashe: Isuzu East Africa Managing Director on the growth of the vehicle leasing market
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Isuzu East Africa has seen a growing preference for leasing cars rather than buying. the The daily business I spoke to Isuzu Managing Director, Rita Kavashi, about what is driving this and what the market looks like against the backdrop of a weak shilling and rising interest rates. Car rental…
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The Cash Dash in Healthcare
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Forget paper checks collecting dust in overflowing inboxes. Banish the plastic ghosts of credit card transactions. In the healthcare SMB space, a financial revolution is afoot, driven by the ultra-convenience offered by real-time payments (RTP). It’s not just about efficiency, although the ability to settle invoices the moment services are…
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The Weekly Re-Org: War Of Attrition
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Remember that movie where Sandra Bullock crosses the entire country blindfolded because climaxing abroad means you face certain death? This must be what it feels like to build anything with Bitcoin now. Everyone is moving blind. The US government is taking everyone along for the ride and no one knows…
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To be culturally relevant, you need to be in culture
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Steve Jobs has been quoted many times on many topics. One of his most interesting analyzes concerned Microsoft He said Microsoft (which at the time was many times the size and value of Apple) might have been very successful, but it had no flair. He went on to say that…
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Analysis-Japan faces a tough tug-of-war with yen bears By Reuters
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Written by Ankur Banerjee and Ray Wei SINGAPORE (Reuters) – Japan appears to have bought some time and respite for the falling yen during its latest suspected wave, but it has also set itself up for a protracted war with a market that views the currency as a sell-off in…
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Weekly Market Outlook (06-10 May)
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Upcoming events: Monday: China Caixin Services PMI, Eurozone Producer Price Index, Fed SLOOS. Tuesday: Reserve Bank of Australia policy decision, unemployment rate in Switzerland, retail sales in the Eurozone. Thursday: Average cash earnings in Japan, BoJ sentiment summary, Bank of England policy decision, US unemployment claims. Friday: New Zealand Manufacturing…
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AI is the best thing to ever happen to content creators in the web3 era
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Disclosure: The views and opinions expressed here are solely those of the author and do not represent the views and opinions of crypto.news editorial. The momentum of AI seems unstoppable, and countless research has been devoted to its potential impact on jobs. There have been doomsday scenarios of artificial intelligence…
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Average monthly wage in Israel exceeds NIS 14,000
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Preliminary figures for March 2024 show that the average monthly wage reached NIS 14,108, an increase of 3.5% from March 2023, according to Central Bureau of Statistics reports. Preliminary figures for March 2024 show that the average monthly wage reached NIS 14,108, an increase of 3.5% from March 2023, according…
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Wall Street dissects Cisco’s market dynamics By Investing.com
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In the dynamic and competitive landscape of the networking industry, Cisco Systems, Inc. continues to… (NASDAQ:) tops analyst discussions. The company, a leading IT and communications equipment company, has been navigating through strategic acquisitions and market shifts shaping its trajectory. Through a series of recent analyzes conducted by prominent financial…