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The Atlanta Fed GDPNow growth estimate for Q3 falls to 2.5% from 2.8%
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Hong Kong’s Largest Online Broker Launched Bitcoin Trading
Photo for securitiesHong Kong’s largest online brokerage firm with over 3.5 million clients has launched retail Bitcoin trading on its platform. According to South China Morning PostUsers can now buy and sell Bitcoin and Ethereum directly using Hong Kong Dollars or US Dollars. NEW: ?? Hong Kong’s largest online broker…
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July’s ‘furious rotation’ was a catch-up for global equities that lagged in Q2 – DataTrek
Pavel Muravyov July saw a sharp drop in interest rates, causing a “violent turnover” in cyclical and interest rate-sensitive sectors such as small caps in the US (VB), (IJR), (SCHA), (IWM), as well as Europe (IEUR) and Japan (EWJ). Both two-year (US2Y) and ten-year (US10Y) Treasury bondsYields fell from 4.72%…
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Moderna cuts 2024 sales forecast, sees low EU vaccine revenue into 2026 By Reuters
By Patrick Wingrove and Leroy Liu (Reuters) – Moderna Inc on Thursday cut its 2024 sales forecast for its COVID-19 and respiratory syncytial virus vaccines by about 25%, or $1 billion, due to lower COVID sales to the European Union that it expects to continue through 2026. Shares of the…
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Crypto Analyst Says Dogecoin Price Will Rise Over 7,200% To Reach $10, Here’s Why
Dogecoin’s double-digit price remains a dream for its diehard community, despite the meme coin failing to reach $1 so far. However, expectations that Dogecoin will eventually cross $10 remain high as one analyst has cited reasons behind the largest meme coin by market cap surging more than 7,200%. Dogecoin is…
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Crypto Analyst Says Dogecoin Price Will Rise Over 7,200% To Reach $10, Here’s Why
Dogecoin’s double-digit price remains a dream for its diehard community, despite the meme coin failing to reach $1 so far. However, expectations that Dogecoin will eventually cross $10 remain high as one analyst has cited reasons behind the largest meme coin by market cap surging more than 7,200%. Dogecoin is…
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7-Eleven begins selling pumpkin-spiced Slurpees
The seasonal creep of pumpkin spice is one of those things we’ve all had to learn to live with. We’ve also had to learn to accept the expansion of pumpkin spice from lattes to things like Oreos and Cheerios. But 7-Eleven may have finally gone too far. The retail chain…
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Telegram Browser Unveiled For Exciting Web3 Experiences
Source: Telegram Telegram, the popular crypto-friendly cloud messaging platform, has taken a major step in expanding its offerings by introduction A new and innovative in-app browser. This innovative feature not only supports traditional websites, but also includes the decentralized web, known as “TON Sites,” making it accessible to Telegram’s massive…
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Telegram Browser Unveiled For Exciting Web3 Experiences
Source: Telegram Telegram, the popular crypto-friendly cloud messaging platform, has taken a major step in expanding its offerings by introduction A new and innovative in-app browser. This innovative feature not only supports traditional websites, but also includes the decentralized web, known as “TON Sites,” making it accessible to Telegram’s massive…
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Bank of England cuts interest rates to 5% in first reduction since 2020
The Bank of England has cut interest rates for the first time in more than four years, providing much-needed relief to millions of homeowners and families still struggling with the high cost of living. In a controversial decision announced at midday, the nine-member Monetary Policy Committee voted 5-4 to cut…
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Web3 wallet Best Wallet unveils airdrop giveaway with BEST token rewards
Disclosure: This content is provided by a third party. Crypto.news does not endorse any product mentioned on this page. Users should do their own research before taking any actions related to the company. Best Wallet launches BEST token distribution with exciting tasks and rewards; users can gain eligibility by completing…
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Web3 wallet Best Wallet unveils airdrop giveaway with BEST token rewards
Disclosure: This content is provided by a third party. Crypto.news does not endorse any product mentioned on this page. Users should do their own research before taking any actions related to the company. Best Wallet launches BEST token distribution with exciting tasks and rewards; users can gain eligibility by completing…
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Hertz stock falls 7% on wider-than-expected Q2 loss, revenue miss By Investing.com
Hertz Global Holdings (OTC:), Inc. (HTZ) announced its financial results for the second quarter of 2024 on August 1, 2024. HTZ reported revenue of $2.4 billion in the second quarter, slightly below analyst estimates of $2.47 billion. This represents a 3% increase year-over-year compared to $2.437 billion in the second…
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New Addresses Up 35% Since June Low
On-chain data shows that the Bitcoin network is finally seeing a significant influx of new users after hitting multi-year lows earlier this year. New Bitcoin addresses have reversed direction since June lows According to data from market intelligence platform In the massBitcoin has been seeing a growth in the number…
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Elbit wins $340m Israeli MoD ammunition deal
Israeli defense technology company Elbit Systems Ltd. (NASDAQ: ESLT; level:ESLTElbit Systems announced today that it has been awarded a contract worth approximately $340 million to supply ammunition to the Israeli Ministry of Defense. The contract will be executed over a period of 10 years. Elbit Systems will establish a manufacturing…
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Dollar steadies after Fed-inspired losses; sterling weak ahead of BOE By Investing.com
The U.S. dollar edged higher in early European trade on Thursday, recovering from heavy losses in the previous session after the Federal Reserve opened the door to a September interest rate cut, while sterling fell ahead of the Bank of England’s latest policy meeting. At 05:45 ET (09:45 GMT), the…
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Bitcoin Hashrate Hits New All-Time Highs
according to Bitcoin Pro MagazineBitcoin’s 7-day average mining hashrate hit an all-time high, surpassing 667 exahashes per second (EH/s) on July 26 during Bitcoin Conference 2024This number exceeds the previous record of 657 EH/s, which was set on May 26. the Hash rate It refers to the total computational power…
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Bitcoin Hashrate Hits New All-Time Highs
according to Bitcoin Pro MagazineBitcoin’s 7-day average mining hashrate hit an all-time high, surpassing 667 exahashes per second (EH/s) on July 26 during Bitcoin Conference 2024This number exceeds the previous record of 657 EH/s, which was set on May 26. the Hash rate It refers to the total computational power…