Category: increase
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Norway’s Wealth Fund Bets On Bitcoin: Analyst Discloses Over 100% Increase In BTC Holdings
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As Bitcoin adoption continues to gain momentum globally among countries and traditional financial institutions (TradFi), Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), has emerged as a secret holder of the largest cryptocurrency on the market. Unexpected Bitcoin Whale? According to a recent study analysis K33 Research analyst Veitel…
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US Inflation Data to Show Another Modest Increase, Cementing Fed Cut
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Breadcrumbs Path Links PMN Business Forecasters expect a monthly report on U.S. consumer prices to show another modest increase last month, reinforcing widespread expectations of a Federal Reserve interest rate cut in September. Article author: Bloomberg News Matthew Bosler Published on August 13, 2024 • Read for 3 minutes You…
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Solana Price (SOL) Gains Traction: Poised for Further Increase?
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Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
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Shiba Inu’s NVT Ratio Sees Drastic Increase, Is A Rise To $0.00003 Still Possible?
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Shiba Inu (SHIB) The Network Value to Transactions (NVT) ratio has come into focus as the meme coin is currently in an upward trend. However, this metric indicates that Shiba Inu It may soon face a hurdle on its journey to $0.00003. NVT in Shiba Inu is on the rise…
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Labour Chancellor Rachel Reeves to Unveil £19bn Financial Shortfall and Outline Tax Increase Plans
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Chancellor Rachel Reeves is set to unveil a £19bn deficit in the public finances, paving the way for an expected tax rise in the autumn. The announcement comes as it assesses fiscal challenges inherited from the previous conservative administration. An early audit has revealed “excess pressures” of around £19bn in…
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Ethereum enjoys price increase, ETF anticipation intensifies
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Ethereum (ETH) has seen a price surge of over 15% over the past two weeks. This surge has caught the attention of investors and analysts alike, highlighting the cryptocurrency’s resilience and potential amidst a turbulent crypto market environment. Ethereum began its bullish trajectory on July 10 when regulators appeared poised…
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Ethereum enjoys price increase, ETF anticipation intensifies
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Ethereum (ETH) has seen a price surge of over 15% over the past two weeks. This surge has caught the attention of investors and analysts alike, highlighting the cryptocurrency’s resilience and potential amidst a turbulent crypto market environment. Ethereum began its bullish trajectory on July 10 when regulators appeared poised…
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What would increase the bearishness in the Nasdaq today and going forward?
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The Nasdaq Composite Index fell -408 points at one point in today’s trading. It is now down -334 points or -1.80%. This is its worst decline since April 30 when the index fell -2.04%. What did the pullback do technically? The Nasdaq index retreated from the 38.2% decline. The Nasdaq…
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New York working hours increase by 2.4% but productivity drops by 1.8%
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A recent study by AI productivity platform Plus Docs, analyzing the latest data from the Bureau of Labor Statistics (BLS), shows a 2.4% increase in work hours in New York for 2022-23, accompanied by a 1.8% decrease in labor productivity. Nationally, average hours worked increased 1.7 percent, and labor productivity…
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TON Ecosystem Faces Phishing Surge Amidst 4,500% Increase in TVL
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Amid increased network activity and the rising price of its native token, TON, the open network ecosystem is seeing a rise in phishing attacks. Unassuming users’ TON wallets are lured through airdrops and other deceptive methods by attackers. Telegram users with unknown numbers are at risk Yu Xian — founder…
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Summer Job Cuts as Minimum Wage Increase Bites
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The recent increase in the minimum wage is putting significant pressure on employers, leading to a sharp decline in employment in the summer. New figures suggest employers are cutting back on seasonal hiring amid broader concerns about labor shortages in vital sectors of the economy. Data released by the Recruitment…
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Summer Job Cuts as Minimum Wage Increase Bites
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The recent increase in the minimum wage is putting significant pressure on employers, leading to a sharp decline in employment in the summer. New figures suggest employers are cutting back on seasonal hiring amid broader concerns about labor shortages in vital sectors of the economy. Data released by the Recruitment…
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XRP Price Dips To Support, Can It Bounce Back And Restart Increase?
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XRP price started a new decline from the $0.5320 resistance area. It is now testing the $0.5180 support and may also test the $0.5120 support area. XRP failed near $0.5320 and a bearish correction began. The price is now trading below $0.5250 and the 100 hourly simple moving average. There…
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XRP Price Dips To Support, Can It Bounce Back And Restart Increase?
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XRP price started a new decline from the $0.5320 resistance area. It is now testing the $0.5180 support and may also test the $0.5120 support area. XRP failed near $0.5320 and a bearish correction began. The price is now trading below $0.5250 and the 100 hourly simple moving average. There…
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Wall Street set to open lower as fears of sluggish growth increase By Reuters
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By Lisa Pauline Mattkal and Johan M. Cherian (Reuters) – U.S. stock futures fell on Tuesday as investors grew more concerned about the strength of the world’s largest economy, even as they awaited a slew of reports this week to gauge the extent of slowing growth. Data on Monday showed…
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Interactive Brokers Reports 27% Increase in Daily Average Revenue Trades for May
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Interactive Brokers reported mixed results for its brokerage business in May. Trading volumes remained stable compared to April, but client assets witnessed a significant increase. Daily average revenues for trades (DARTs), a key measure of brokerage activity, remained flat at 2.36 million compared to April but were up 27% year…
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Legendary Trader Peter Brandt Predicts 230% Bitcoin Price Increase
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Famous commodities trader Peter Brandt predicted that Bitcoin would rise 230% against gold after 12-18 months. JUST IN: Legendary trader Peter Brandt predicts #Bitcoin Gold price rises by 230% are you ready? ? pic.twitter.com/F50fgvm6N1 – Bitcoin Magazine (@BitcoinMagazine) May 31, 2024 Brandt has over 50 years of trading experience and…
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Bitcoin Price Struggles: Can the Leading Cryptocurrency Start Fresh Increase?
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Bitcoin price continued its decline below the $68,000 level. BTC is now slowly moving towards the $66,250 support area in the near term. Bitcoin extended its bearish correction below the $68,000 area. The price is trading below $68,500 and the 100 hourly simple moving average. There is a major bearish…
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Britain proposes obligations on Mastercard and Visa to increase competition By Reuters
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LONDON (Reuters) – There is no effective competition in core credit card services where Visa (NYSE:) and MasterCard (NYSE:) are the biggest players, and there is a need for more transparency for users, the British Payment Systems Regulatory Authority said in an interim report. Tuesday. “PSR found that over the…