Category: Data
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Bitcoin (BTC) Stumbles Below $60,000 As Data Shows Slowing Net Capital Inflows
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Bitcoin (BTC) is currently trading below $60,000 after experiencing a period of volatility and a significant 11% correction from its peak of $65,103 last Sunday. This sharp decline reflects the growing uncertainty and fear that is prevailing in the market. Recent key data from Glassnode reveals a worrying slowdown in…
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Crypto Liquidation Data Rigged By Exchanges, Researcher Finds
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Vittel Lund, senior analyst at K33 Research, issued a stark assessment. warning Regarding the practices of prominent cryptocurrency exchanges regarding the reliability of liquidation data. In a post on X, Lund explains how exchanges like Binance, Bybit, and OKX have systematically modified their data reporting processes in a way that…
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Asia FX drifts higher as dollar rebound cools ahead of GDP, inflation data By Investing.com
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Most Asian currencies rose on Thursday, albeit slightly, as the dollar’s recovery stalled ahead of key economic readings likely to weigh on expectations of interest rate cuts. Regional currencies came under renewed pressure this week as the dollar recovered from 13-month lows, amid growing speculation about how far the US…
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Asia FX drifts higher as dollar rebound cools ahead of GDP, inflation data By Investing.com
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Most Asian currencies rose on Thursday, albeit slightly, as the dollar’s recovery stalled ahead of key economic readings likely to weigh on expectations of interest rate cuts. Regional currencies came under renewed pressure this week as the dollar recovered from 13-month lows, amid growing speculation about how far the US…
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US stocks gain after healthy growth data; Nvidia’s guidance disappoints By Investing.com
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U.S. stocks rose on Thursday after stronger-than-expected growth data eased concerns about a sharp slowdown in the U.S. economy. At 09:40 ET (13:40 GMT), the S&P 500 was up about 100 points, or 0.2%, gaining 17 points, or 0.3%, and up 135 points, or 0.8%. GDP growth eases hard landing…
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Chainlink (LINK) Could Drop To $8 If It Loses Current Support: On-Chain Data Reveals
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Chainlink (LINK) has seen significant volatility this week. Its price has fallen more than 13% from Monday’s high, pushing LINK to a critical support level around $11.20. Traders and investors are closely watching this crucial area. Related reading Data from Santiment confirms the importance of this level, showing that demand…
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Dollar edges higher ahead of key data; euro weakens on German inflation By Investing.com
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Investing.com – The U.S. dollar edged higher on Thursday, recovering from recent lows ahead of a series of key economic readings, while the euro retreated. At 04:10 ET (09:10 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.2% at 101.182, after…
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NZDUSD tests close to 0.63 after earlier NZ data
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The New Zealand dollar made another strong move this morning, testing a level close to the psychological 0.63 level. NZDUSD currency pair approaches 0.63 level The New Zealand dollar surprised many after the currency failed to fall following the recent dovish move by the Reserve Bank of New Zealand. I…
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NZDUSD tests close to 0.63 after earlier NZ data
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The New Zealand dollar made another strong move this morning, testing a level close to the psychological 0.63 level. NZDUSD currency pair approaches 0.63 level The New Zealand dollar surprised many after the currency failed to fall following the recent dovish move by the Reserve Bank of New Zealand. I…
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BTC Currently Valued at Fair Market Price, Bitcoin Magazine Pro Data Shows
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At the time of writing, Bitcoin is currently worth $63,500, which is considered a fair market price according to the Bitcoin Cycle Master chart and data from Bitcoin Magazine Pro. The Bitcoin Cycle Master chart incorporates on-chain metrics, including days of value destruction and final price, to assess Bitcoin’s position…
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Ethereum (ETH) Eyes $3,000: Data Suggests Imminent Breakout
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Ethereum is in a classic accumulation phase after the recent correction and is now targeting $3,000. After falling to $2,116 just 20 days ago, Ethereum has seen a significant price surge, recovering to higher levels, indicating increasing bullish momentum. Related reading This accumulation phase has caught the attention of analysts…
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Ethereum (ETH) Eyes $3,000: Data Suggests Imminent Breakout
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Ethereum is in a classic accumulation phase after the recent correction and is now targeting $3,000. After falling to $2,116 just 20 days ago, Ethereum has seen a significant price surge, recovering to higher levels, indicating increasing bullish momentum. Related reading This accumulation phase has caught the attention of analysts…
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Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows
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Yesterday, Bitcoin (BTC) surged more than 6% after Federal Reserve Chairman Jerome Powell announced a policy adjustment and hinted at a possible 25 basis point interest rate cut at the next meeting on September 18. This unexpected news has led to Bitcoin’s recent volatility, with prices swinging unpredictably in recent…
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Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows
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Yesterday, Bitcoin (BTC) surged more than 6% after Federal Reserve Chairman Jerome Powell announced a policy adjustment and hinted at a possible 25 basis point interest rate cut at the next meeting on September 18. This unexpected news has led to Bitcoin’s recent volatility, with prices swinging unpredictably in recent…
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Earnings season was a better guide to the economy than the data
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Walmart CEO Doug McMillon The stock market’s big turnaround in August was impressive in many ways, but when I step back, there’s a big question being asked and answered: Is the Fed behind the curve? This issue involves a set of assumptions about the US economy, and if we look…
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Euro and pound hold near 13-month highs, euro zone data in focus By Reuters
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By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) – The euro held near its highest in more than a year against the dollar on Thursday after strong euro zone business activity data and ahead of euro zone wage figures that will shape the European Central Bank’s interest rate path. The…
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Japan will release July inflation data on Friday (tomorrow)
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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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Japan will release July inflation data on Friday (tomorrow)
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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…