-
Germany’s Bitcoin Sell-off Of Seized 50K Bitcoin Is Over After 23 Days
The cryptocurrency market has been buzzing with news of the German government’s recent sale of its large Bitcoin (BTC) holdings. The story, which unfolded over the course of 23 days, has had a significant impact on the broader digital asset landscape, raising questions about the long-term implications for the price…
-
Germany’s Bitcoin Sell-off Of Seized 50K Bitcoin Is Over After 23 Days
The cryptocurrency market has been buzzing with news of the German government’s recent sale of its large Bitcoin (BTC) holdings. The story, which unfolded over the course of 23 days, has had a significant impact on the broader digital asset landscape, raising questions about the long-term implications for the price…
-
Manufacturing posts largest loans slump of Sh39 billion
Kenya’s manufacturing sector has been the hardest hit by the slowdown in private sector credit caused by higher commercial bank lending rates and rising non-performing loans. Total credit to the sector declined by Sh38.8 billion to Sh597.9 billion in the three months to end-March from Sh636.7 billion in December 2023.…
-
UBS answers 10 key investors questions By Investing.com
In a note to clients this week, analysts at UBS addressed a range of investor concerns, and offered insights on how to navigate the complex market landscape. Geopolitical risk and portfolio resilience: As geopolitical tensions persist, UBS warns against reactive shifts in portfolios. Instead, investors should focus on building resilient…
-
Crypto markets likely to remain choppy in Q3, Coinbase analysts say
Analysts at cryptocurrency exchange Coinbase say cryptocurrency price action is likely to continue on a volatile path for the rest of Q3 2024. Coinbase’s head of institutional research David Duong and David Han, an analyst at the U.S.-based cryptocurrency exchange, Share your predictions In the company’s weekly market report, they…
-
Crypto markets likely to remain choppy in Q3, Coinbase analysts say
Analysts at cryptocurrency exchange Coinbase say cryptocurrency price action is likely to continue on a volatile path for the rest of Q3 2024. Coinbase’s head of institutional research David Duong and David Han, an analyst at the U.S.-based cryptocurrency exchange, Share your predictions In the company’s weekly market report, they…
-
Rachel Reeves unveils new economic advisory council to drive UK growth
Rachel Reeves is set to announce the creation of an economic advisory council to lead Labour’s core “national mission” of economic expansion following the party’s recent landslide general election victory. The Council will be chaired by John Van Reenen, a leading expert on innovation and former Downing Street policy adviser…
-
Keep an eye on China’s Third Plenum meeting next week
Shanghai Comp Daily This week’s CPI data showed that China has room for policy stimulus, and its weak economic performance certainly justifies it. There is some optimism with some Chinese stocks rising this week (from lows). The leadership meeting will outline efforts to boost advanced manufacturing, review the tax system…
-
Tether (USDT) Loses Ground on Centralized Exchanges, Down to 74% Market Share
Even with several high-profile crashes and decoupling events in recent years, stablecoins have continued to take market share from fiat currencies, reflecting increasingly strong demand. Although the stablecoin market remains highly concentrated, with Tether’s USDT leading the way, its dominance has been eroding over the past two years. In fact,…
-
Workers Are Missing From Starmer’s Plan to Spur UK Housebuilding
Breadcrumbs Path Links PMN Business Prime Minister Keir Starmer’s promise to “build Britain back again” will quickly face a shortage of skilled workers in the very industries he hopes will help transform it. Article author: Bloomberg News Irina Angel Published on July 13, 2024 • Read for 6 minutes You…
-
What happens to solar stocks if Trump wins? RBC weighs in By Investing.com
With the 2024 U.S. presidential election approaching, the potential impact on solar stocks has become a major concern for investors, according to RBC Capital. Analysts at the bank provided a detailed analysis, suggesting that the current environment could provide a buying opportunity, particularly for select names with less exposure to…
-
ICYMI: The German Government Is Not The Only Entity Selling Bitcoin
Over the past month, the cryptocurrency space has been abuzz with reports that the German government has been selling off large amounts of Bitcoin. These sales have had a negative impact on the price of Bitcoin, as well as the broader cryptocurrency market, sending the entire market into a tailspin.…
-
ICYMI: The German Government Is Not The Only Entity Selling Bitcoin
Over the past month, the cryptocurrency space has been abuzz with reports that the German government has been selling off large amounts of Bitcoin. These sales have had a negative impact on the price of Bitcoin, as well as the broader cryptocurrency market, sending the entire market into a tailspin.…
-
UBS: Average wealth in Israel rose in 2023
Israel ranked 18th in the UBS Global Wealth Report with an average wealth of $260,000 per adult in 2023, up 14% from 2022 and outpacing the global average growth of 4.2%. According to the Swiss bank, median wealth growth in Israel was much weaker, indicating that wealth is growing much…
-
What happens after the first rate cut. Recession? Stocks move lower?
If there’s anyone on CNBC I love, it’s him. Josh Brown From Ritholz Wealth Management. He does his homework. He’s not averse to using technical methods (in fact, he often relies on them). He accepts defeat. He lets his victories go. He’s not perfect, of course, but he makes a…
-
Analyst Predicts 2,750% Celestia (TIA) Price Explosion To $188, Here’s The Roadmap
Celestia (TIA) suffered one of the worst price crashes since the Bitcoin crash, falling from a high of $20 to a low of $5 before briefly recovering. However, the crash has not deterred optimists, who believe that this altcoin is on the verge of great things in the market. Celestia…
-
Analyst Predicts 2,750% Celestia (TIA) Price Explosion To $188, Here’s The Roadmap
Celestia (TIA) suffered one of the worst price crashes since the Bitcoin crash, falling from a high of $20 to a low of $5 before briefly recovering. However, the crash has not deterred optimists, who believe that this altcoin is on the verge of great things in the market. Celestia…
-
XRP Climbs 10% In Bullish Trade By Investing.com
Investing.com – XRP was trading at $0.4968 by 00:26 (04:26 GMT) on the Investing.com Index on Saturday, up 10.07% on the day. It was the biggest one-day percentage gain since March 11. This upward move pushed XRP’s market cap to $27.5901 billion, or 1.29% of the total cryptocurrency market cap.…
-
Chuck Close’s estate settles lawsuit against Cigna over medical bills By Reuters
By Jonathan Stempel NEW YORK (Reuters) – The estate of Chuck Close, an artist known for his large-scale realistic paintings of himself and others, has settled a lawsuit accusing Cigna Inc. of failing to pay hundreds of thousands of dollars for medical care he needed in the final years of…
-
Cyprus Leads Global Charge Against Crypto-Enabled Terrorist Financing
In a bold move to combat the growing threat of terrorist groups exploiting cryptocurrencies for illicit financing, Cyprus has emerged as a global leader in combating terrorist financing using cryptocurrencies. Recognizing the unique challenges posed by the decentralized and anonymous nature of digital assets, the Cypriot government, in collaboration with…