Category: hit
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Southeast Asia hit with dealmaking slump, with 39% drop in PE deal value in 2023
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Private equity investments It is being reduced Around the world, as “higher for longer” interest rates and uncertain global growth have dampened investors’ appetite for risk, Southeast Asia, which just a few years ago was seen as an emerging hotspot for the digital economy, is no exception. A new report…
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This Frog-Themed Meme Coin Hit an ATH After a 120% Monthly Surge (Hint: It’s not PEPE)
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Turkish lire; Dr The price of a frog-themed cryptocurrency has surged 130% in the past month, reaching an all-time high of $0.09 and a market cap of $900 million. Analysts expect further gains and a potential market value rise towards the $1.5 billion mark. The next crypto sensation? The ever-evolving…
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This Frog-Themed Meme Coin Hit an ATH After a 120% Monthly Surge (Hint: It’s not PEPE)
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Turkish lire; Dr The price of a frog-themed cryptocurrency has surged 130% in the past month, reaching an all-time high of $0.09 and a market cap of $900 million. Analysts expect further gains and a potential market value rise towards the $1.5 billion mark. The next crypto sensation? The ever-evolving…
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Paytm shares surge, hit 5% upper circuit amid Adani stake speculation By Investing.com
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Investing.com — Shares of Paytm rose sharply during the market open on Wednesday, hitting an upper circuit amid speculation that Gautam Adani, chairman of the Adani Group, was looking to acquire a stake in the fintech company. One 97 communications Ltd (NS:), which owns and operates Paytm, jumped 5% to…
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Europe-Israel relations take a hit as Spain, Ireland and Norway prepare to formally recognize a Palestinian state
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Israeli Foreign Minister Katz told Spain that its consulate in Jerusalem would not be allowed to help the Palestinians. Meanwhile, European Union foreign policy chief Josep Borrell, a Spaniard, has thrown his full weight in support of the International Criminal Court, whose prosecutor is seeking an arrest warrant against Prime…
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Avalanche Weathers The Storm – Can AVAX Hit $40 Again?
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The cryptocurrency market continues to navigate a sea of uncertainty, and Avalanche (AVAX) is no exception. While AVAX has shown some resilience compared to its altcoin counterparts, a closer look reveals that the market is struggling with its altcoin counterparts. Mixed signals – A mixture of cautious optimism and underlying…
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Avalanche Weathers The Storm – Can AVAX Hit $40 Again?
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The cryptocurrency market continues to navigate a sea of uncertainty, and Avalanche (AVAX) is no exception. While AVAX has shown some resilience compared to its altcoin counterparts, a closer look reveals that the market is struggling with its altcoin counterparts. Mixed signals – A mixture of cautious optimism and underlying…
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This indicator suggests the S&P 500 could hit 5800 by end of 2024 By Investing.com
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The index has risen more than 11% year to date with major Wall Street brokerages raising their price targets in recent days. Historical data shows that when the S&P 500 sees an increase of 10% or more during the first 100 days of the year, it tends to continue rising.…
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Bitcoin Will Hit $80,000 In May Despite Outflows To Ethereum: Analyst
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Bitcoin is falling rapidly, look at the price action on the daily chart. Even after the impressive rally above $71,500 early this week, there should be a decisive follow-through for optimistic bulls. Despite this correction, one analyst strongly believes that Bitcoin will rise sharply, reaching $80,000 by the end of…
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BofA projects EUR-USD to hit 1.12 by year-end, above consensus By Investing.com
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Bank of America (BofA) has released its forecast for the currency market, predicting that the EUR/USD exchange rate will reach 1.12 by the end of the year. The bank’s analysts expect most of the euro’s appreciation to occur in the second half of the year, and placed their forecasts above…
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Bitcoin Eyes Repeat Performance, Could Hit $140,000 By August
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Recent Bitcoin analyzes and forecasts from leading experts highlight the likely path of the price of the top crypto assets in the coming months, with an eye on 2024 and beyond. Related reading Market insights and price forecasts for Bitcoin As the cryptocurrency community eagerly awaits the future of Bitcoin,…
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ForexLive Asia-Pacific FX news wrap: Gold hit a record high, silver and copper surged also
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Speakers at the Fed on Monday included Bostic, Barr, Waller and Jefferson Iranian official media confirmed that there were no survivors from the helicopter crash The Saudi Crown Prince postpones his visit to Japan ICYMI – China’s benchmark lending rates remained steady: 1-year loan coverage ratio at 3.45% and 5-year…
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Client Assets on Saxo Hit DKK 800 Billion
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Saxo Bank announced today (Friday) that client assets on its platform have reached 800 billion Danish kroner (about 116.1 billion US dollars), a record for the Danish broker, which has more than 1.2 million clients globally. Huge surge in customer assets The broker was founded in 1992, and it took…
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Stock market rally: 14 of world’s 20 biggest markets hit record highs
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From New York to London to Tokyo, if there is one similarity among global stock markets it is this: record highs. Of the world’s 20 largest stock markets, 14 recently reached all-time highs. The MSCI ACWI index, which tracks developed and emerging markets, hit a record high, hitting another new…
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$291B Asset Manager Founder Predicts Bitcoin Will Hit $420,000
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in interview With Yahoo Finance’s “Wealth,” Rick Edelman, founder of the Digital Asset Council for Financial Professionals and $291 billion asset manager Edelman Financial Services, provided a startling prediction for Bitcoin’s price. Edelman argued that the price of Bitcoin could rise to $420,000, and attributed this potential rise to a…
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Asia-Pacific markets higher tracking gains on Wall Street; Hong Kong stocks hit 8-month hi
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Michael H Japan (NKY:IND) +0.41%. Japan’s services sector gauge unexpectedly fell to 47.4 in April 2024 from 49.8 the previous month, lagging the market consensus of 50.4. Japan’s current account surplus rose to 3,398.8 billion yen in March 2024 compared to the Japanese yen. 2,360.0 billion in the same month…
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Banks face fresh hit from parastatals’ idle cash ban
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Parastatals in Kenya have been banned from holding idle funds in bank accounts under a new public finance reform plan that seeks to promote transparency and efficiency in the use of public resources. Treasury Minister Njuguna Ndung’u revealed that the Treasury has officially adopted a hybrid single-account model whereby ministries…
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Saxo Bank’s FX Volume Recovers in April, Equities Hit Record
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After a shy month, demand for Saxo Bank’s forex instruments rose again in April. According to the latest figures, the monthly volume of Forex instruments on the platform reached $99.3 billion last month. The daily average also improved to $4.5 billion. Forex trading volume is recovering from the bottom The…