Category: demand

  • Researcher Explains How Decline In Bitcoin Demand Is Behind Latest Price Correction

    Bitcoin price has been under significant downward pressure in the past few weeks, and this cryptocurrency researcher explains the role of demand in the market correction. Apparent Demand for Bitcoin Is Falling – Is It a Cause for Concern? In a recent post on Platform X, CryptoQuant’s head of research,…

  • Researcher Explains How Decline In Bitcoin Demand Is Behind Latest Price Correction

    Bitcoin price has been under significant downward pressure in the past few weeks, and this cryptocurrency researcher explains the role of demand in the market correction. Apparent Demand for Bitcoin Is Falling – Is It a Cause for Concern? In a recent post on Platform X, CryptoQuant’s head of research,…

  • Fujifilm once struggled to sell cameras. Now, it can’t keep up with demand By Reuters

    Written by Rocky Swift TOKYO (Reuters) – For many years, Japan’s Fujifilm has moved away from the legacy camera business to focus on health care. But thanks in large part to TikTok’s audience, its retro-themed X100 digital cameras are now a massive hit, boosting its bottom line. Fujifilm is having…

  • Oil dips after hitting seven-week highs on demand hopes, war jitters By Reuters

    Written by Deep Kaushik Vakil and Nia Williams (Reuters) – Oil prices fell on Wednesday after hitting a seven-week high, as summer demand optimism and concerns about escalating conflicts outweighed an industry report that said inventories had risen unexpectedly. By 1803 GMT, futures fell six cents, or 0.1%, to $85.33…

  • Oil prices fall on weaker US consumer demand, China data By Reuters

    Written by Colin Howe and Mohi Narayan NEW DELHI (Reuters) – Oil prices fell in Asian trading on Monday after a survey on Friday showed weak US consumer demand and with crude production rising in May in China, the world’s largest crude importer. Global futures for August delivery fell 29…

  • SEC Lowers Settlement Demand To $103 Million

    A glimmer of hope emerged for Ripple Labs this week in its ongoing legal battle with the Securities and Exchange Commission. The SEC reduced the proposed settlement amount from a staggering $2 billion to a more manageable amount of $102.6 million. While this represents a significant concession, Ripple still faces…

  • 200,000 ETH Options Expiry Spurs Demand

    Investors are bullish on Ethereum as the industry awaits the launch of Spot Ethereum ETFs. This sentiment is conveyed by the recent expiration of Ethereum options contracts and the ask ratio. According to data, more than 200,000 ETH options have expired recently, and the cryptocurrency community is eagerly awaiting the…

  • 200,000 ETH Options Expiry Spurs Demand

    Investors are bullish on Ethereum as the industry awaits the launch of Spot Ethereum ETFs. This sentiment is conveyed by the recent expiration of Ethereum options contracts and the ask ratio. According to data, more than 200,000 ETH options have expired recently, and the cryptocurrency community is eagerly awaiting the…

  • Toyota shareholders demand vote against chairman Toyoda as automaker embroiled in testing scandal

    Breadcrumb links BMN Business Article writer: Associated Press Yuri Kageyama Posted on June 15, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content TOKYO (AP) — Toyota Chairman Akio Toyoda will face some disgruntled…

  • Ethereum Demand Surges With Permanent Holders Buying 298K ETH in One Day

    Ethereum continued to face challenges as it remained above the $4,000 level, reflecting the lack of momentum in the broader market. While investors wait for the rally, data indicates an increase in demand for the world’s largest altcoin. Permanent Ethereum holders bought large amounts As CryptoQuant’s head of research, Julio…

  • Ethereum Demand Surges With Permanent Holders Buying 298K ETH in One Day

    Ethereum continued to face challenges as it remained above the $4,000 level, reflecting the lack of momentum in the broader market. While investors wait for the rally, data indicates an increase in demand for the world’s largest altcoin. Permanent Ethereum holders bought large amounts As CryptoQuant’s head of research, Julio…

  • OPEC rips ‘unrealistic’ and ‘dangerous’ peak oil demand prediction (NYSEARCA:USO)

    Slavko Sereda/iStock via Getty Images Crude oil futures rose on Thursday, finding support in data that pointed to a slowing pace of inflation in the United States, with the May Producer Price Index coming in lower than expected a day after a weak May CPI reading. OPEC President and Secretary…

  • FedEx to cut up to 2,000 back-office jobs in Europe amid weak freight demand By Reuters

    Written by Ananta Agarwal (Reuters) – FedEx plans to cut between 1,700 and 2,000 back-office jobs in Europe, in its latest cost-cutting effort as the package delivery giant faces a decline in demand for shipping. FedEx (NYSE:) said the cuts will extend over 18 months and will result in a…

  • Demand for food delivery has skyrocketed. So have complaints about some drivers

    Breadcrumb links BMN Business Article writer: Associated Press Michael Casey Published on June 08, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you have an account. Article content BOSTON (AP) — The growing demand for quickly delivered food has…

  • Crude oil bounces as Fed rate cut hopes outrank demand worries (NYSEARCA:USO)

    Slavko Sereda/iStock via Getty Images Crude oil futures ended a five-session losing streak on Wednesday, as renewed hopes for a Federal Reserve interest rate cut in September outweighed concerns about demand after data showed a build in US crude oil and fuel inventories. US Treasuries rose on Wednesday afterward Private…

  • Delta Air sees healthy demand, especially on international routes By Reuters

    Written by Lisa Barrington DUBAI (Reuters) – Delta Air Lines Corp (NYSE:) remains committed to the Boeing 737 MAX 10 it has ordered for delivery starting next year, although it does not expect to receive the plane for some time. CEO Ed Bastian said Saturday. Delta, one of the largest…

  • Dell beats first-quarter revenue estimates as AI boom bolster server demand

    (Reuters) – Dell Technologies beat Wall Street estimates for first-quarter revenue on Thursday, snapping a six-quarter streak of declines, thanks to surging demand for its artificial intelligence-powered servers. The surge in demand for high-performance computing and large-scale data centers to support the growing adoption of generative AI has spurred investments…

  • Copper prices to quadruple on soaring demand, top commodity trader Andurand says

    SimoneN/iStock via Getty Images Hedge fund manager Pierre Andurand, one of the world’s most famous commodities traders, believes that the rise in copper prices still has much further to go and could be close to… Four times as much as $40,000 per metric ton For the next few years, the…

  • Fresh Wave of Demand for Bitcoin (BTC) Could Spark New Rally

    Bitcoin rose above $71,000 this week, breaking out of a tight trading range in which it had been confined for several weeks. One of the main catalysts for this price movement is strong demand through ETFs, with net inflows of around $1.2 billion over the past week. Going forward, several…

  • Bitcoin Selling Pressure Subsides as Demand Stabilizes: CryptoQuant

    The price of Bitcoin (BTC) rose beyond the $60,000 level to the $67,000 region on news of a lower-than-expected inflation rate in the United States. According to the latest weekly CryptoQuant a reportBitcoin’s recent rally has also been sustained by the recent decline in selling pressure. However, the demand for…