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Mid-Year Check: How Are You on Your Trading Goals?
Can you believe we’re halfway through 2024?! As the first half of the year comes to a close, it’s time to take a look at the trading goals you set at the beginning of the year and see if you need to make changes to your goals, trading processes, or…
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Germany’s Bitcoin Sales Will End Soon: Less Than $1 Billion Left
The German government transferred another 2,375 bitcoins worth about $138 million to exchanges on Thursday, continuing a months-long liquidation of seized reserves. Urgent: ?? The German government has sent 2,375 more #Bitcoin It is worth $138 million on the stock exchanges. They now have 13,000 BTC left. Hold on! ✊…
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Oil steadies as investors weigh mixed demand signals By Reuters
By Robert Harvey and Arunima Kumar LONDON (Reuters) – Oil prices steadied on Thursday, with benchmark crude holding above $85 a barrel as investors weighed a bleak demand growth outlook from the International Energy Agency and signs of growing U.S. consumption. Brent crude futures were up 1 cent, or 0.01…
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US initial jobless claim 222K vs 236K estimate
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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Is $60,152 Mark Within Reach?
Bitcoin (BTC) After a successful breakout above the downtrend line recently, it continues to show strong bullish momentum that could signal a major shift in market sentiment. As the digital asset continues to strive above the downtrend line, it has sparked optimism among traders and investors alike about whether it…
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Is $60,152 Mark Within Reach?
Bitcoin (BTC) After a successful breakout above the downtrend line recently, it continues to show strong bullish momentum that could signal a major shift in market sentiment. As the digital asset continues to strive above the downtrend line, it has sparked optimism among traders and investors alike about whether it…
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Volkswagen to ramp up solid-state battery production in QuantumScape deal
BERLIN (Reuters) – Volkswagen said on Thursday it will significantly ramp up production of solid-state batteries it developed with U.S. startup QuantumScape as the German carmaker aims to fit the technology into more vehicles. Under an agreement announced Thursday, VW’s PowerCo battery unit will receive a license to mass-produce battery…
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Uniqlo owner lifts forecast again as weak yen powers sales from tourists By Reuters
Written by Rocky Swift TOKYO (Reuters) – The Japanese operator of fashion giant Uniqlo on Thursday raised its forecast for what would be a third straight year of record profit, helped by strong sales at home and some overseas markets. The domestic market has been a bright spot for Fast…
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German Government’s Ongoing Bitcoin Liquidation: Insights And Implications
In a notable development, the German government has been actively liquidating its large Bitcoin holdings over the past month. This strategic move has captured the attention of the cryptocurrency community, sparking debate and speculation about the government’s approach to crypto asset management. As details of these transactions emerge, it is…
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German Government’s Ongoing Bitcoin Liquidation: Insights And Implications
In a notable development, the German government has been actively liquidating its large Bitcoin holdings over the past month. This strategic move has captured the attention of the cryptocurrency community, sparking debate and speculation about the government’s approach to crypto asset management. As details of these transactions emerge, it is…
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Biden administration to award $1.7B in grants to boost domestic EV production (NYSE:GM)
The Biden administration plans to provide $1.7 billion to boost production of electric vehicles and their components in eight U.S. states. The U.S. Department of Energy has announced $1.7 billion in planned grants to support the conversion of 11 “at-risk” facilities to enable Producing one million electric cars annually. The…
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Dollar slips ahead of CPI release; pound gains after GDP strength By Investing.com
Investing.com – The U.S. dollar was lower in early European trade on Thursday ahead of a key inflation report later in the session, while strong growth data boosted the British pound. At 04:00 ET (09:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,…
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Bitcoin accumulation reaches 3-month high
Bitcoin (BTC) accumulation phase appears to have started as BTC price has been hovering below $60k for a week. According to data provided by Glassnode, BTC’s accumulation trend has increased from 0.05 on June 1 to 0.44 as of July 10. This level has not been seen since April 11,…
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After a surge in pandemic profits, Rolex, Patek Philippe and Audemars Piguet face a significant downturn as sales slip—extending a two-year decline
Prices of the most sought-after luxury watches on the secondary market fell again last month, extending a two-year decline as investors turned elsewhere after a pandemic-era rally failed. The Bloomberg Sabdial Watch Index, which tracks the 50 most-traded hours by value, fell less than 1% in June. It has fallen…
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RBNZ Announced “Dovish Hold” in Highlighting Weaker Domestic Inflation
The Reserve Bank of New Zealand left interest rates unchanged at 5.50% for the eighth straight month in July, as expected. Their official statement indicated that their restrictive monetary policy had succeeded in reducing price pressures enough to allow the committee to forecast a return to its annual inflation target…
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BTC Falls Back to $58K After Failing to Challenge $60K, STX Soars 14% Daily (Market Watch)
Bitcoin’s rally towards $60,000 has stalled, and the asset is back just above $58,000 after a slight pullback the day before. Stacks emerged as the best performer among large-cap alternative stocks, up 14%. LDO followed, up 7% on the day. Bitcoin price stops at $59K That was less than a…
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BTC Falls Back to $58K After Failing to Challenge $60K, STX Soars 14% Daily (Market Watch)
Bitcoin’s rally towards $60,000 has stalled, and the asset is back just above $58,000 after a slight pullback the day before. Stacks emerged as the best performer among large-cap alternative stocks, up 14%. LDO followed, up 7% on the day. Bitcoin price stops at $59K That was less than a…
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Staff allowed to choose working hours in new trial
Hundreds of British workers will soon have greater flexibility over their hours as part of a new pilot project to drive a formal four-day working week. This six-month project, which builds on the initial 2022 pilot, will explore different flexible working models, including flexible start and finish times, nine-day work…
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USDJPY Technical Analysis – The bullish bias remains intact
Basic Overview The US dollar fell broadly last Friday after the release of the weak US non-farm payrolls report. The data showed further slowdown in the labor market with the unemployment rate rising and wage growth declining. Basically we have an economy that is slowing but still growing. The market…
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Shiba Inu Whales Make Large Withdrawals: SHIB Rally Soon?
On-chain data shows that Shiba Inu whales have been making significant outflows from exchanges recently, which could be a bullish sign for the Shiba Inu price. Large Shiba Inu exchange wallets have recently lost their supply In new mail In X, on-chain analytics firm Santiment discussed the trend that is…