Category: Bets
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Solana To $300? ‘All Bets Are Off’ Once It Reclaims This Level
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This article is also available in Spanish. After some volatile days, Solana (SOL) broke out of a three-day downtrend, fueling investors’ bullish sentiment on its short-term performance. One cryptocurrency analyst suggested that SOL could be poised to cross $300 soon if the key level is reclaimed. Related reading Solana is…
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Solana To $300? ‘All Bets Are Off’ Once It Reclaims This Level
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This article is also available in Spanish. After some volatile days, Solana (SOL) broke out of a three-day downtrend, fueling investors’ bullish sentiment on its short-term performance. One cryptocurrency analyst suggested that SOL could be poised to cross $300 soon if the key level is reclaimed. Related reading Solana is…
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Asian Stocks Rise as US Data Stoke Rate Cut Bets
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Breadcrumb links BMN Business Asian shares rose after the Federal Reserve’s preferred measure of inflation came in below expectations, reigniting bets on an interest rate cut. The dollar stabilized. Article writer: Published on December 22, 2024 • Last updated 29 minutes ago • 3 minutes read You can save this…
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DOGE Price Prediction: Can DOGE Surpass $1 in Q1 of 2025? Investment Analysts Place Their Bets on This $0.12 ICO
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As the cryptocurrency market prepares for a new bull run in 2025, analysts are focusing on high-performing assets that could lead the trend. Among these currencies, Dogecoin stands out as a competitor through its growing mainstream adoption and loyal investor base. Despite its fun and viral start, DOGE has risen…
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Ex-Hedge Fund Guru Bets Big On Dogecoin As ‘Core Crypto Bet’
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This article is also available in Spanish. Raoul Pal, a former hedge fund manager who retired at the age of 36 and now works as co-founder of Real Vision, a prominent financial media company, provided an update on his cryptocurrency portfolio. In a mail On X Day, December 16, Pal…
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Ex-Hedge Fund Guru Bets Big On Dogecoin As ‘Core Crypto Bet’
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This article is also available in Spanish. Raoul Pal, a former hedge fund manager who retired at the age of 36 and now works as co-founder of Real Vision, a prominent financial media company, provided an update on his cryptocurrency portfolio. In a mail On X Day, December 16, Pal…
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Treasuries Rally as Mixed Jobs Data Fuels December Fed Cut Bets
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Breadcrumb links BMN Business US Treasuries rose and traders boosted their bets on a Fed rate cut this month after a mixed November employment report. Article writer: Bloomberg News Michael Mackenzie and Edward Bolingbroke Published on December 6, 2024 • 3 minute read You can save this article by registering…
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Scott Bessent made billions on Wall Street with these big bets
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Little has been reported about Besant’s personal wealth. Unlike his hedge fund peers like Ray Dalio and Ken Griffin, he does not appear on billionaire lists. Bloomberg or Forbes. But some details about his net worth will emerge later as he is required to liquidate some properties to avoid any…
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Allianz Bets Big On Bitcoin Through MicroStrategy
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Allianz SE, Europe’s second-largest insurer and Germany’s largest, has acquired approximately 25% of MicroStrategy’s recent convertible note offerings. The investment represents a major endorsement of Bitcoin by a major financial institution. Allianz wants exposure to Bitcoin Allianz bought 24.75% of MicroStrategy’s $2.6 billion bond sale to institutional investors, which closed…
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Allianz Bets Big On Bitcoin Through MicroStrategy
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Allianz SE, Europe’s second-largest insurer and Germany’s largest, has acquired approximately 25% of MicroStrategy’s recent convertible note offerings. The investment represents a major endorsement of Bitcoin by a major financial institution. Allianz wants exposure to Bitcoin Allianz bought 24.75% of MicroStrategy’s $2.6 billion bond sale to institutional investors, which closed…
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Allianz Bets Big On Bitcoin Through MicroStrategy
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Allianz SE, Europe’s second-largest insurer and Germany’s largest, has acquired approximately 25% of MicroStrategy’s recent convertible note offerings. The investment represents a major endorsement of Bitcoin by a major financial institution. Allianz wants exposure to Bitcoin Allianz bought 24.75% of MicroStrategy’s $2.6 billion bond sale to institutional investors, which closed…
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Is Bitcoin Bull Market Just Beginning? Leveraged Bets Suggest Big Moves Are Coming
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Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the…
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Wall Street Giant Morgan Stanley Bets Big On Bitcoin ETF: $272 Million Revealed
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Last January 10, 2024, the SEC finally approved Bitcoin ETF applications for 11 funds, including Fidelity, Grayscale, and Blackrock’s IBIT. Within a month, trading volume increased as more banks, funds and individual traders acquired shares. One market participant that is slowly consolidating its holdings is Morgan Stanley. Recently 13F-HR/A Filing…
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Wall Street Giant Morgan Stanley Bets Big On Bitcoin ETF: $272 Million Revealed
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Last January 10, 2024, the SEC finally approved Bitcoin ETF applications for 11 funds, including Fidelity, Grayscale, and Blackrock’s IBIT. Within a month, trading volume increased as more banks, funds and individual traders acquired shares. One market participant that is slowly consolidating its holdings is Morgan Stanley. Recently 13F-HR/A Filing…
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Jumia bets on Kenya success to recover from lost markets
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Africa-focused e-commerce retailer Jumia is counting on a turnaround in its operations in Kenya and three other markets to help it regain lost ground from the closure of its businesses in South Africa and Tunisia. The New York Stock Exchange-traded company announced Wednesday that it will close its operations in…
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Asia FX weakens, dollar at over 2-mth high on bets of smaller rate cuts By Investing.com
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Investing.com — Most Asian currencies fell on Tuesday, while the dollar held steady at its highest level in more than two months amid continued bets that the Federal Reserve will cut interest rates at a slower pace. Comments made by Federal Reserve officials have reinforced this idea, especially after recent…
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Dollar hits 10-week high vs yen as Fed easing bets ebb ahead of CPI By Reuters
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Written by Kevin Buckland TOKYO (Reuters) – The U.S. dollar rose to a 10-week high against the yen on Thursday as markets grew more confident about the Federal Reserve’s patient approach to further monetary easing, even as a key inflation report was due later. today. The index, which measures the…
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India asks banks to stop making large bets against rupee, sources say By Reuters
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Written by Jaspreet Kalra and Nimesh Vora MUMBAI (Reuters) – India’s central bank has asked government and private lenders to refrain from betting heavily against the rupee in a bid to support the currency that has been hovering near record lows over the past three trading sessions, four sources said.…
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Asia FX weak, dollar strong amid bets on smaller US interest rate cut By Investing.com
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Investing.com — Most Asian currencies fell on Monday with the Japanese yen taking sharp losses, while the dollar stabilized from a recent rebound as strong jobs data sparked bets on smaller interest rate cuts. Regional trading volumes were affected by the holiday in China, and markets are scheduled to open…