Category: gap
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Rachel Reeves weighs a ‘hotel tax’ as treasury battles to fill funding gap
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Britons and foreign visitors may soon find themselves paying a “hotel tax” on every night they stay, under Treasury proposals designed to shore up the public purse as borrowing costs continue to rise. The potential tax, part of “modeling exercises” being carried out by officials, mirrors tourist taxes in countries…
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CME Gap Threatens Bitcoin With Potential Drop To $77,000
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This article is also available in Spanish. Some analysts have raised concerns that Bitcoin could face a potential collapse which would be driven by a gap on the Chicago Mercantile Exchange (CME) leading to a significant drop in its price. As Bitcoin needs to fill the gap, cryptocurrency traders are…
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Bitcoin Spot-Perpetual Price Gap Turns Negative
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The US Federal Reserve’s public contemplation of cutting interest rates in 2025 has had several negative effects on financial markets. Aside from the 17% Bitcoin price loss, data from the Binance exchange shows that the Bitcoin market has now developed its largest permanent price gap. Bitcoin Permanent Spot Gap Drops…
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Institutions Driving Bitcoin As Coinbase Premium Gap Hits $100 – Trump Win Brought Back US Demand
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Bitcoin rose to an all-time high, reaching $76,500, after Donald Trump won the US election. This price breakout has reignited investor optimism, especially among US traders, with demand increasing significantly since the election results. Trump’s pro-crypto stance has played a major role in boosting market sentiment, especially among institutional investors.…
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Institutions Driving Bitcoin As Coinbase Premium Gap Hits $100 – Trump Win Brought Back US Demand
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Bitcoin rose to an all-time high, reaching $76,500, after Donald Trump won the US election. This price breakout has reignited investor optimism, especially among US traders, with demand increasing significantly since the election results. Trump’s pro-crypto stance has played a major role in boosting market sentiment, especially among institutional investors.…
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Digital skill gap: The three key areas Africa should focus on to drive greater access
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In an increasingly digital world, the importance of equipping Africa’s youth with digital skills cannot be overstated. Africa will account for one-fifth of the world’s total workforce and one-third of the world’s youth workforce by 2030. It can seize the opportunity and harness its youth to become a global tech…
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How collaboration, AI, and finance can bridge the Global North-South clean energy gap
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The International Energy Agency’s recent finding that investment in clean energy in 2024 will be double that in hydrocarbon projects comes with both good and bad news. The good news is that investment in clean energy is expected to exceed US$2 trillion for the first time ever, but unfortunately, most…
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PM says Ukraine needs extra $15 billion to cover 2025 budget gap By Reuters
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KIEV (Reuters) – Ukraine needs an additional $15 billion to cover its budget deficit in 2025, Prime Minister Denys Shmyhal said on Tuesday. He said Ukraine estimates the total budget deficit for next year at about $35 billion, with plans to cover $20 billion. The Ukrainian government estimates the deficit…
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Settled, But Not Really: The Privacy Gap in Bitcoin’s ‘Final’ Transactions
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Bitcoin technology is impressive because of the number of fundamental problems it solves with money. Among the touted advantages of Bitcoin is that it provides Final settlement From transactions. Finality means that once a transaction has been mined and enough subsequent transactions have been mined as well, it would take…
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Settled, But Not Really: The Privacy Gap in Bitcoin’s ‘Final’ Transactions
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Bitcoin technology is impressive because of the number of fundamental problems it solves with money. Among the touted advantages of Bitcoin is that it provides Final settlement From transactions. Finality means that once a transaction has been mined and enough subsequent transactions have been mined as well, it would take…
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Analyst Warns Of Imminent Bitcoin Plunge Below $54,000 To Fill CME Gap
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After enduring a major drop to a seven-month low earlier this week, Bitcoin (BTC) showed resilience by regaining ground above the $57,000 threshold on Tuesday, sparking optimism among bullish investors who had hoped the worst of the slide was behind them. However, the leading cryptocurrency quickly fell by more than…
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Analyst Warns Of Imminent Bitcoin Plunge Below $54,000 To Fill CME Gap
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After enduring a major drop to a seven-month low earlier this week, Bitcoin (BTC) showed resilience by regaining ground above the $57,000 threshold on Tuesday, sparking optimism among bullish investors who had hoped the worst of the slide was behind them. However, the leading cryptocurrency quickly fell by more than…
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Decentralized compute in AI will bridge the technological gap
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Disclosure: The opinions and ideas expressed here belong solely to the author and do not represent the opinions and views of the crypto.news editorial board. In the ever-evolving landscape of AI, the debate between centralized and decentralized computing is heating up. Centralized providers like Amazon Web Services have dominated the…
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UN adopts Chinese resolution with US support on closing the gap in access to artificial intelligence
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Breadcrumbs Path Links PMN Business Article author: Associated Press Edith M. Lederer Published on July 2, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. FILE – Fu Cong, China’s permanent representative to the United…
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ForexLive Asia-Pacific FX news wrap: EUR/USD gapped higher (not a huge gap)
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The Chinese President says he is ready to work with Australia European Central Bank President Lagarde speaks on Monday Bitcoin is back above $63,500 China Caixin Manufacturing PMI June 2024 51.8 (FX: 51.2, Previous: 51.7) Australian Special Inflation Survey, June 2024: +0.3% m/m (previously +0.3%) Roaring Kitty sued for securities…
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ForexLive Asia-Pacific FX news wrap: EUR/USD gapped higher (not a huge gap)
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The Chinese President says he is ready to work with Australia European Central Bank President Lagarde speaks on Monday Bitcoin is back above $63,500 China Caixin Manufacturing PMI June 2024 51.8 (FX: 51.2, Previous: 51.7) Australian Special Inflation Survey, June 2024: +0.3% m/m (previously +0.3%) Roaring Kitty sued for securities…
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Can Bitcoin Fill the Gap in Sports Financing?
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In late 2019, Juventus launched the world’s first blockchain-based fan token, promising a revolution in fan engagement. Fast forward to today, and every single fan token has experienced extreme volatility with prices mostly plummeting. This is not just a financial accident; it is a fundamental design failure. As we navigate…
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Closing the fiscal gap: Higher VAT, lower net pay
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Work on the 2025 budget is progressing well, although there is still time before it is approved by the Knesset. This time, budget preparation will be particularly complicated, because of the war, the fiscal deficit, and the measures that taxpayers will have to bear. Specialists in the Ministry of Finance…