Category: Drops
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Bitcoin Price Rally Defies Miner Reserve Drops, Here’s Why
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Bitcoin (BTC) miner reserves have seen a steady decline over the past year in a somewhat worrying development. However, Bitcoin recorded multiple price hikes during this period and even broke through the $100,000 price zone. cryptoavails provided CryptoQuant analyst some insights into this divergent trend that identifies the driving force…
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Bitcoin STH MVRV Drops To Mean Values – Analyst Explains Key Elements Driving Demand
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Bitcoin has had a volatile start to 2025, with price action reflecting optimism and caution among investors. After reaching the $102,000 mark earlier this month, Bitcoin faced a sharp decline, testing the crucial support at $92,000. Despite the selling pressure, Bitcoin has held steady above this key level and is…
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Warning Signs For Bitcoin? Binance Trading Volume Drops As Sellers Take Control
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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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Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops
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Bitcoin has recently seen mixed market movements, with analysts closely guarded Watching On-chain data to understand the short-term path of the leading cryptocurrency. On-chain metrics indicate a notable shift in exchange activity, with Tether (USDT) seeing significant outflows while Bitcoin (BTC) inflows to exchanges remain elevated. This trend indicates a…
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Ethereum Price Drops 12% As Spot ETFs Witness Significant Net Outflows
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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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Dogecoin Sentiment Drops Into Negative Once Again, Is It Time To Buy Or Sell?
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According to new reports, Dogecoin market sentiment has dropped significantly, turning negative again Uniform price. This downward trend raises questions about whether it is time for investors to buy or sell their DOGE tokens to avoid future losses. Dogecoin market sentiment is waning On Tuesday, cryptocurrency analyst Ali Martinez Announce…
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PNUT Memecoin Drops 10% After Legal Warning To Binance
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This article is also available in Spanish. Cryptocurrency exchange Binance has been hit with a cease-and-desist letter from Mark Longo, owner of the website Peanut the Squirrel, over alleged copyright infringement. PNUT, the popular squirrel-inspired memecoin, saw a nearly 10% drop following the news. Related reading Internet squirrel becomes a…
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Bitcoin Passes $106K As Coinbase Premium Drops – Metrics Reveal Unusual Activity
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Bitcoin rose to a new all-time high today, reaching $106,533 and cementing its position as a market leader in this ongoing rally. Price action has been exceptionally bullish, providing only three quick opportunities for investors to buy small dips in recent weeks. This continued bullish momentum has gripped the market…
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Dogecoin Influencer Drops Crucial Warning For DOGE Investors, You Could Lose Your Coins If You Don’t Do This
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common Dogecoin influencer Meshapower I issued an urgent warning to all DOGE investors and more broadly community. Meshaboar revealed that investors will lose all their coins if they fail to retrieve their private keys from the defunct Dogechain.info platform. Final deadline for Dogecoin investors to secure private keys In X…
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Dogecoin Influencer Drops Crucial Warning For DOGE Investors, You Could Lose Your Coins If You Don’t Do This
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common Dogecoin influencer Meshapower I issued an urgent warning to all DOGE investors and more broadly community. Meshaboar revealed that investors will lose all their coins if they fail to retrieve their private keys from the defunct Dogechain.info platform. Final deadline for Dogecoin investors to secure private keys In X…
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Natwest buys back £1bn in shares from Treasury as government stake drops to 11%
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NatWest has bought £1bn of its own shares from the UK Treasury, reducing the government’s stake in the FTSE 100 lender to just over 11%. This buyback, the second of its kind in 2024, saw NatWest acquire 263 million shares at 380.8p per share, a move chief executive Paul Thwaite…
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Kenya Power drops plan for private firms to sell electricity in slums
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Kenya Power has dropped plans to tap private companies to connect customers in informal settlements and collect bills, following advice from the State Council and parent ministry. The company has now delegated the task to the state-owned Rural Electrification and Renewable Energy Corporation (Rerec), with Kenya Power tasked with ramping…
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Yen Drops as Japan Election Unnerves Investors: Markets Wrap
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Breadcrumb links BMN Business The yen fell to its lowest level in almost three months after Japan’s ruling coalition failed to win a majority in parliament in elections over the weekend. The price of crude oil fell after Israeli strikes on Iran’s oil facilities were avoided. Article writer: Bloomberg News…
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Tourism revenue drops in Greece despite sharp summer tourism crunch
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Bank of Greece data showed on Monday that revenues from Greece’s leading tourism industry have failed to keep pace with arrival numbers, even during the annual summer crisis that has raised fears of overtourism. The bank said the number of non-resident arrivals to Greece in the January-August period increased by…
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Dow drops 300 points, Nvidia, Apple close at fresh records
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Stocks closed mixed on Monday as 10-year Treasury yields rose and investors braced for a busy week of top-tier earnings that could push or pull a record high. The S&P 500 (^GSPC) fell nearly 0.2%, pulling away from a new all-time closing high and its sixth straight weekly win. The…
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Analysts see more drops in base interest rates amid pressure on banks
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Analysts see the Central Bank of Kenya cutting key interest rates by at least 25 basis points before the end of the year due to low inflation rates and the need to stimulate flagging economic activity. The Monetary Policy Committee, the highest decision-making body at the Central Bank of Kuwait,…
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Asian Stocks Poised to Track US Gains; Oil Drops: Markets Wrap
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Breadcrumb links BMN Business Asian stocks are poised to track another strong performance on Wall Street, with stocks hitting all-time highs. The price of oil fell as concerns about Israel attacking Iranian energy facilities eased. Article writer: Bloomberg News Jason Scott Posted on October 14, 2024 • 4 minutes read…
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Ripple CEO Drops Bombshell, Accuses ‘Renegade’ SEC Of Breaking The Rules
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If you thought the four-year dispute between Ripple Labs and the US Securities and Exchange Commission (SEC) was over, think again. In a series of X posts (on Twitter), Ripple executives shared their frustrations with the SEC after it ignored a recent court ruling on XRP. Although the latter Court…
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Current account deficit drops to eight-year low
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Kenya’s current account deficit fell to its lowest level in four years during the second quarter of the year thanks to increased service revenues. The current account deficit shows that a country exports less compared to what it imports. The improvement in the deficit, explained by growth in exports of…
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Aston Martin drops 28% after profit warning on supply chain, China woes By Reuters
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Written by Yadarissa Shabong (Reuters) – Aston Martin warned of falling annual profits and cut its production forecast on Monday due to supply chain challenges and persistent weakness in China, sending shares down as much as 28% and raising questions about its future ambitions. The British luxury carmaker joined other…