Category: Drops
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Asia FX steady as dollar drops amid rate cut speculation; Indian rupee surges By Investing.com
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Investing.com — Asian currencies were mostly flat on Monday, reversing some recent losses against the dollar after embedded inflation data raised expectations for interest rate cuts and sparked sharp declines in the US currency. The Indian rupee was a standout performer among its peers, rising sharply after exit polls for…
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Japan issues fresh warning on yen drops, signals readiness to intervene By Reuters
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Written by Laika Kihara STRESA, Italy (Reuters) – Japan is ready to take appropriate market action “at any time” to counter excessive movements in the yen, Japan’s top currency diplomat Masato Kanda said on Friday, issuing a new warning about the chance of a renewed exchange rate. Interference rate. Kanda…
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Dollar drops to one-month low vs euro before key CPI test By Reuters
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Written by Kevin Buckland TOKYO (Reuters) – The dollar fell to a one-month low against the euro on Wednesday amid falling Treasury yields as traders braced for a key U.S. inflation report later in the day that could determine the course of Federal Reserve policy. However, the yen remained hovering…
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US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000
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JP Morgan and Wells FargoTwo of the largest banks in the United States announced their investments in spot bitcoin ETFs, revealing their exposure to BTC, the world’s largest cryptocurrency. This important development comes amid the ongoing decline in the cryptocurrency market, which has led to… BTC price drop Just over…
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South Korea’s Bitcoin Kimchi Premium Drops: What Does it Mean for BTC?
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The price of Bitcoin kimchi in South Korea has fallen significantly amid a broader market decline, indicating weak enthusiasm among digital asset investors in the country. according to Data From CryptoQuant The price of Bitcoin Kimchi fell 1.5% on Friday during the afternoon trading session in Asia. Bitcoin Kimchi Premium…
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South Korea’s Bitcoin Kimchi Premium Drops: What Does it Mean for BTC?
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The price of Bitcoin kimchi in South Korea has fallen significantly amid a broader market decline, indicating weak enthusiasm among digital asset investors in the country. according to Data From CryptoQuant The price of Bitcoin Kimchi fell 1.5% on Friday during the afternoon trading session in Asia. Bitcoin Kimchi Premium…
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Beats On Revenue But Stock Drops By Stock Story
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Audio technology company Sonos (NASDAQ:) reported better-than-expected results in the first quarter of fiscal 2024, with revenue falling 16.9% year over year to $252.7 million. The company expects full-year revenues to be about $1.65 billion, in line with analyst estimates. It had a non-GAAP loss of $0.34 per share, down…
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Dollar drops as employers add fewer jobs than expected in April By Reuters
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Written by Karen Brettell NEW YORK (Reuters) – The dollar fell to a three-week low against the yen on Friday after data showed U.S. job growth slowed more than expected in April and annual wage gains slowed, raising bets that the Federal Reserve (the U.S. central bank) will cut… Interest…
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Price Drops 98% Following Airdrop Debacle
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The realm of decentralized finance (DeFi) and blockchain-based social platforms has been electrified with the introduction of Friend.tech, a pioneering Web3 initiative designed to transform online communities. Centralized systems, with their inherent challenges and limitations such as control by governing bodies and financial intermediaries, starkly contrast with the decentralized ethos…
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Nektar Network begins Epoch 1 of Nektar Drops – Rewards for Ongoing Participation
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The Nektar Network is pleased to announce the launch of Epoch 1 of Nektar Drops, starting today, May 1, 2024. This new phase is dedicated to recognizing and recording the contributions of our community members through daily Nektar Drops, which can be earned by participating in pre-selected activities within the…