Category: High

  • Bitcoin’s Final Cycle Pump Kicks Off, Here’s How High It Could Go

    Given the renewed bullish performance of the entire cryptocurrency market following recent declines, Fed rate cutBitcoin is seeing a wave of bullish predictions from cryptocurrency experts, with some predicting that Bitcoin’s final rally for this cycle has officially begun. Bitcoin May Be Poised For Another Big Rally Cryptocurrency expert and…

  • Bitcoin’s Final Cycle Pump Kicks Off, Here’s How High It Could Go

    Given the renewed bullish performance of the entire cryptocurrency market following recent declines, Fed rate cutBitcoin is seeing a wave of bullish predictions from cryptocurrency experts, with some predicting that Bitcoin’s final rally for this cycle has officially begun. Bitcoin May Be Poised For Another Big Rally Cryptocurrency expert and…

  • Bitcoin’s Final Cycle Pump Kicks Off, Here’s How High It Could Go

    Given the renewed bullish performance of the entire cryptocurrency market following recent declines, Fed rate cutBitcoin is seeing a wave of bullish predictions from cryptocurrency experts, with some predicting that Bitcoin’s final rally for this cycle has officially begun. Bitcoin May Be Poised For Another Big Rally Cryptocurrency expert and…

  • Bitcoin’s Final Cycle Pump Kicks Off, Here’s How High It Could Go

    Given the renewed bullish performance of the entire cryptocurrency market following recent declines, Fed rate cutBitcoin is seeing a wave of bullish predictions from cryptocurrency experts, with some predicting that Bitcoin’s final rally for this cycle has officially begun. Bitcoin May Be Poised For Another Big Rally Cryptocurrency expert and…

  • Savers stockpile Sh1.9 trillion in fixed deposit accounts on high rates

    Savers piled a record Sh1.97 trillion into fixed deposit accounts in the year to June 2024, driven by prevailing high interest rates, new data has shown. Cash held in fixed accounts at commercial banks rose by a record Sh224 billion between June last year and June 2024 to Sh1.97 trillion…

  • Savers stockpile Sh1.9 trillion in fixed deposit accounts on high rates

    Savers piled a record Sh1.97 trillion into fixed deposit accounts in the year to June 2024, driven by prevailing high interest rates, new data has shown. Cash held in fixed accounts at commercial banks rose by a record Sh224 billion between June last year and June 2024 to Sh1.97 trillion…

  • Pound reaches two-year high as Bank of England holds interest rates steady

    The pound rose to its highest level since March 2022, breaking through the $1.33 level, after the Bank of England decided to keep interest rates steady at 5 percent and indicated a gradual approach to easing monetary policy. Sterling rose about 0.7 percent against the dollar, to $1.331, after the…

  • Pound reaches two-year high as Bank of England holds interest rates steady

    The pound rose to its highest level since March 2022, breaking through the $1.33 level, after the Bank of England decided to keep interest rates steady at 5 percent and indicated a gradual approach to easing monetary policy. Sterling rose about 0.7 percent against the dollar, to $1.331, after the…

  • Australia’s August Labor Market Data Shows Strength Despite High Interest Rates

    Data from the Australian Bureau of Statistics reflects the resilience of the Australian labour market in a high interest rate environment. The economy added a net 47.5K jobs in August, above the expected gain of 28.0K and slightly below the downwardly revised gain of 48.9K in July. The gains came…

  • Dogecoin Daily Transactions Reaches 2-Month High At 1.93 Million, What This Means For Price

    Dogecoin price action is lackluster It may change very soon. On-chain data also points to increased activity behind the scenes. In particular, on-chain analytics firm IntoTheBlock revealed a surge in daily transactions on the Dogecoin blockchain, pushing the number to its highest point since July. Doug has It’s not broken…

  • Dogecoin Daily Transactions Reaches 2-Month High At 1.93 Million, What This Means For Price

    Dogecoin price action is lackluster It may change very soon. On-chain data also points to increased activity behind the scenes. In particular, on-chain analytics firm IntoTheBlock revealed a surge in daily transactions on the Dogecoin blockchain, pushing the number to its highest point since July. Doug has It’s not broken…

  • Treasury yields stay on the floor as the market sees an end to high inflation

    10-Year US Treasury Yields The days of safe, high-yield investments may have ended a generation ago. Jamie Dimon is still warning about inflation, but the bond market has moved. The breakeven rate is below 2%, which means the Fed is more likely to miss its target, and nominal interest rates…

  • PwC invests in ‘high quality’ business in China after record fine, internal memo says By Reuters

    Written by Shi Yu HONG KONG (Reuters) – PwC said it is making “concrete investments” to ensure the Big Four firms have high-quality and sustainable business in China, after Chinese regulators on Friday imposed a record penalty on the firm’s mainland unit. PwC Zhong Tian LLP was suspended for six…

  • Sui forms a rare bullish pattern as open interest hits all-time high

    Sui, the popular Solana killer, continued its rally on Sunday, September 15, as sentiment in the crypto industry improved. SUI (SUI) jumped to an intraday high of $1.10, its highest since August 12, and 137% above its lows last month. The recovery makes it one of the top 100 performing…

  • Base Blockchain active addresses, transactions hit all-time high

    The Base Blockchain, the layer 2 network launched by Coinbase in 2023, is doing well as the “crypto winter” continues. Nansen Data shows that the network’s user base is growing and outpacing many blockchains such as Avalanche (AVAX), Polygon (POL), and Cronos (CRO). The number of active addresses rose to…

  • Asia FX firms with yen near 8-mth high; dollar down on rate cut bets By Investing.com

    Asian currencies rose on Friday, while the dollar fell as markets bet the Federal Reserve will begin an easing cycle starting next week, with the focus squarely on the scope of a potential interest rate cut. The Japanese yen was the best performer among its Asian counterparts, approaching its strongest…

  • HMRC dismissals for gross misconduct hit five-year high as 179 civil servants sacked

    HMRC sacked 179 staff for serious misconduct in 2024, the highest number in at least five years, according to data obtained through a Freedom of Information request. This represents a 43% increase compared to 2020 when 125 employees were dismissed for similar reasons, accounting for just 28% of all dismissals…

  • Pyrethrum extract prices rebound to a record high on weak shilling

    The price of pyrethrum extract, the main product obtained from processing pyrethrum flowers, jumped 38.8 percent last year to an all-time high, due to the weak shilling. Data from the Agriculture and Food Authority shows that the average price per kilogram of the extract was Sh37,500 in 2023, up from…

  • Mortgage taking remained high in August

    Israel’s mortgage market remained strong last month as homebuyers took out mortgages totaling NIS 8.4 billion in August, the Bank of Israel reported. Mortgage takings last month were down 7% from July when more than NIS 9 billion in mortgages were taken out but were 20% higher than August 2023.…

  • US Treasury auctions $58B of 3 year notes at a high yield of 3.440%

    High yield:3.440% WI level at auction time: 3.457% tail: -1.7 bs Average of six auctions: 0.1 basis points Show Coverage: 2.66X Merchants:10.45% Direct (local demand measure):11.3% Indirect (international demand measure):78.24% Auction Grade: A details: International buyers were in attendance and outperformed other bidders. International buyers received 78.24%. This was well…