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Asia FX muted after mixed China PMIs, dollar dips as rate cut bets grow By Investing.com
Investing.com — Most Asian currencies held tight ranges on Monday, as sentiment toward the region was weighed down by weak Chinese trade data, while the dollar fell amid some growing bets on interest rate cuts. A sharp downward revision to Japan’s first-quarter GDP growth also kept sentiment towards Asia largely…
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Bitcoin Price Spikes 5%, Can BTC Bulls Take Back Control?
Bitcoin price rose by about 5% and crossed the $62,500 level. Bitcoin is now testing the resistance area at $63,500 at a positive angle. Bitcoin started a decent rally above the $62,200 and $62,400 levels. The price is trading above $62,500 and the 100 hourly simple moving average. There was…
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ForexLive Asia-Pacific FX news wrap: EUR/USD gapped higher (not a huge gap)
The Chinese President says he is ready to work with Australia European Central Bank President Lagarde speaks on Monday Bitcoin is back above $63,500 China Caixin Manufacturing PMI June 2024 51.8 (FX: 51.2, Previous: 51.7) Australian Special Inflation Survey, June 2024: +0.3% m/m (previously +0.3%) Roaring Kitty sued for securities…
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ForexLive Asia-Pacific FX news wrap: EUR/USD gapped higher (not a huge gap)
The Chinese President says he is ready to work with Australia European Central Bank President Lagarde speaks on Monday Bitcoin is back above $63,500 China Caixin Manufacturing PMI June 2024 51.8 (FX: 51.2, Previous: 51.7) Australian Special Inflation Survey, June 2024: +0.3% m/m (previously +0.3%) Roaring Kitty sued for securities…
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June sales drop 47% but there are more buyers and sellers
The non-fungible token (NFT) market has seen a significant decline in activity over the past month, with significant declines across various metrics. According to Crypto Slam Data: Global NFT sales volume reached $476.3 million in June, registering a 47.22% decline. The number of NFT buyers has risen to 1.259 million…
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June sales drop 47% but there are more buyers and sellers
The non-fungible token (NFT) market has seen a significant decline in activity over the past month, with significant declines across various metrics. According to Crypto Slam Data: Global NFT sales volume reached $476.3 million in June, registering a 47.22% decline. The number of NFT buyers has risen to 1.259 million…
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Asia stocks stutter, euro gains after first round vote in France
Written by Ankur Banerjee SINGAPORE (Reuters) – Asian stocks fell on Monday as traders weighed the outlook for U.S. interest rates, while the euro rose after the far right won a smaller share of the vote in the first round of a snap election in France than some polls had…
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Asia stocks stutter, euro gains after first round vote in France By Reuters
Written by Ankur Banerjee SINGAPORE (Reuters) – Asian stocks were mixed on Monday as traders weighed the outlook for U.S. interest rates, while the euro rose after the far-right won a smaller share of the vote in the first round of a surprise snap election in France than some polls…
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Marathon Digital Mines $15M in Kaspa Tokens for Revenue Diversification
Marathon Digital Holdings, a global cryptocurrency-focused platform, announced that its Kaspa mining operation has yielded nearly $15 million worth of KAS since it began last September. The company states that the decision to mine Kasba was part of its strategy to diversify its mining operations. Capsa Mining Marathon In the…
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Marathon Digital Mines $15M in Kaspa Tokens for Revenue Diversification
Marathon Digital Holdings, a global cryptocurrency-focused platform, announced that its Kaspa mining operation has yielded nearly $15 million worth of KAS since it began last September. The company states that the decision to mine Kasba was part of its strategy to diversify its mining operations. Capsa Mining Marathon In the…
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Alnylam, Lilly, AstraZeneca among best performing pharmas, biotechs in Q2
Al-Naylam Pharmaceuticals CompanyNasdaq: ALLNEY) The best-performing large-cap company ($30+ billion) was in the pharmaceutical or biotechnology space in the second quarter, Yield ~58.5% In the period. The biotech company’s strong performance was helped significantly in late June when it announced strong pivotal trial results for vutrisiran, a treatment for ATTR…
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Euro rises after France’s first-round vote, yen struggles By Reuters
By Ray Wee SINGAPORE (Reuters) – The euro rose on Monday after the first round of snap elections in France put the far right in front, albeit by a smaller margin than expected, while a cut in Japan’s first-quarter growth figures sent the yen lower. Exit polls in France showed…
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Nigerian Crypto Boom Resurrected? SEC Embraces Innovation With New Rules
Nigeria’s previously frosty relationship with cryptocurrencies appears to be entering a phase of cautious thawing. Imomotimi AgamaDirector-General of the Nigerian Securities and Exchange Commission (SEC), recently made comments indicating a move away from the government’s hardline stance against digital assets. This comes after months of regulatory struggle that has seen…
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Nigerian Crypto Boom Resurrected? SEC Embraces Innovation With New Rules
Nigeria’s previously frosty relationship with cryptocurrencies appears to be entering a phase of cautious thawing. Imomotimi AgamaDirector-General of the Nigerian Securities and Exchange Commission (SEC), recently made comments indicating a move away from the government’s hardline stance against digital assets. This comes after months of regulatory struggle that has seen…
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Boeing agrees to buy Spirit AeroSystems for $4.7 billion
Boeing agreed on Sunday to buy Spirit AeroSystems Holdings Inc. for $37.25 a share in an all-stock deal that values the company at $4.7 billion, according to people familiar with the deal. The U.S. planemaker also plans to assume about $3.5 billion of Spirit’s debt as part of the deal,…
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Japan final manufacturing PMI for June 50.0 (prior 50.4)
S&P Global Manufacturing PMI for June 2024 Reaches 50.0 Previous 50.4 The initial was 50.1. From comment to report: “It is worth noting that the latest PMI data revealed the first rise in Japanese factory output in more than a year, and a recovery in business confidence. Although employment continued…
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14,000 BTC Transferred To Exchanges In Four Days
Opeyemi is a skilled writer and enthusiast of the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has remained quite drawn since he forayed into this space over the course of two years. Now, Opeyemi takes pride in creating unique pieces…
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Kenyan online gambling market sees growth with integration of cryptocurrency
The online gambling market in Kenya is undergoing a major transformation with the integration of cryptocurrencies. This trend opens up new opportunities for both players and operators. Understanding the dynamics behind this shift is crucial to staying ahead of the industry. The rise of cryptocurrency in the online gambling industry…
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Exclusive-Boeing agrees to buy Spirit Aero for $4.7 billion, sources say By Reuters
Written by Mike Stone and Alison Lambert WASHINGTON (Reuters) – Boeing Co agreed on Sunday to acquire Spirit AeroSystems for more than $4 billion, two people familiar with the matter said, ending months of talks on a deal that the U.S. planemaker hopes will help ease a mounting safety crisis.…