Category: local
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Bitcoin (BTC) Metrics Point To Local Bottom At $49,500 – Details
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Bitcoin has reached a tipping point after several days of recovery and consolidation. On August 5, it saw a sharp capitulation, with the price falling to a monthly low of $49,577. While some investors remain skeptical, believing that Bitcoin has not yet hit its bottom, key data from CryptoQuant suggests…
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Bitcoin (BTC) Metrics Point To Local Bottom At $49,500 – Details
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Bitcoin has reached a tipping point after several days of recovery and consolidation. On August 5, it saw a sharp capitulation, with the price falling to a monthly low of $49,577. While some investors remain skeptical, believing that Bitcoin has not yet hit its bottom, key data from CryptoQuant suggests…
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Russian court freezes Raiffeisen shares in local bank, blocking sale By Reuters
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FRANKFURT (Reuters) – A Russian court has frozen shares in the local arm of Raiffeisen Bank International, Russia’s largest Western bank said on Thursday, ruling out any sale of the company for now. The Austria-based Reserve Bank of India had pledged to spin off its Russia business, which provides a…
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Russian court freezes Raiffeisen shares in local bank, blocking sale By Reuters
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FRANKFURT (Reuters) – A Russian court has frozen shares in the local arm of Raiffeisen Bank International, Russia’s largest Western bank said on Thursday, ruling out any sale of the company for now. The Austria-based Reserve Bank of India had pledged to spin off its Russia business, which provides a…
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Britain’s battery industry could spark revival with local LFP production
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The UK battery industry, which has been in decline, could see a boost with the introduction of locally produced lithium iron phosphate (LFP), a key component in electric vehicle (EV) batteries. Behnam Hormozi, founder of Integrals Power, believes that producing a cleaner, higher-quality version of the LFP battery in the…
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Indian PM Modi likely to visit Ukraine in August, local media reports By Reuters
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NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi is likely to visit Ukraine next month, a local media report said, his first visit to the country since its war with Russia began and just weeks after he met Russian President Vladimir Putin in Moscow. The Ukrainian embassy in New…
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Last bank in paddock wood closes, impacting local community
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NatWest, the last remaining bank in Paddock Wood, has permanently closed its Station Street branch, marking the end of all banking services in the expanding Kent city. This closure follows previous closures of HSBC and Barclays, leaving locals without a dedicated bank. The Paddock Wood area has seen significant population…
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Local Bottom or More Pain for Bitcoin’s Price? Bitfinex Analysts Chip In
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Although Bitcoin (BTC) has fallen to its lowest level since February 26 and hovered around the $57,000 range over the past few days amid high volatility, Bitfinex analysts have seen on-chain signs that the leading crypto asset may not record any further declines. According to this week’s release of Bitfinex…
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Cargill Dunlop workers end 41-day strike with ratified agreement: Members of UFCW Local 175 will return to work
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Article Content MISSISSAUGA, Ontario, July 6, 2024 (GLOBE NEWSWIRE) — On Saturday, July 6, 2024, 960 unionized employees at Cargill Dunlop in Guelph ratified a new collective agreement after 41 days of picketing. The workers, represented by Section 175 of the United Food and Commercial Workers (UFCW), went on strike…
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Sony to Launch Crypto Exchange in Japan Via Acquired Local Platform
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Japanese multinational corporation Sony is preparing to launch its own cryptocurrency exchange. The company intends to do this by relaunching another cryptocurrency trading platform it acquired in August 2023. according to press releaseAmber Japan, the parent company of Japanese cryptocurrency exchange WhaleFin, which was acquired by Sony last year, has…
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Sony to Launch Crypto Exchange in Japan Via Acquired Local Platform
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Japanese multinational corporation Sony is preparing to launch its own cryptocurrency exchange. The company intends to do this by relaunching another cryptocurrency trading platform it acquired in August 2023. according to press releaseAmber Japan, the parent company of Japanese cryptocurrency exchange WhaleFin, which was acquired by Sony last year, has…
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Israel’s Defense Ministry spending NIS 30b on local procurement
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Since the start of the war in October, the Israeli Ministry of Defense has spent NIS 30 billion, including value-added tax, on domestic purchases, according to information from the Defense Ministry’s Production and Procurement Department, seen by Globes. More than half of this amount was spent on defense equipment, ammunition…
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Australia’s Lendlease exits offshore markets to focus on local growth By Reuters
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Written by Rishav Chatterjee and Ayushmann Ojha (Reuters) – Australian developer Lendlease will divest from its overseas construction business and release up to A$4.5 billion (US$2.9 billion) of capital to shareholders, putting an end to its international ambitions to shift focus on domestic operations. Lendlease said in a statement on…
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Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users
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In an important step towards promoting the use of digital currency, Hong Kong residents can now create personal digital wallets for the yuan or CNY, as well as Announce By the Hong Kong Monetary Authority (HKMA). This development, part of cooperation with the People’s Bank of China (PBoC), marks a…
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Local online taxi, food delivery platforms to pay digital tax
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A 1.5% digital services tax will be imposed on local platforms offering online jobs, rental, food delivery and ride-hailing services, if Parliament approves a proposed revenue-raising proposal by the National Treasury. In the Finance Bill 2024, National Treasurer Njuguna Ndongo proposed amendments to extend the digital service tax to platforms…
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Bitcoin Local Bottom In? Analyst Offers Insights
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In the ever-evolving world of cryptocurrency markets, identifying the bottom of a Bitcoin price correction is an endeavor that attracts the attention of both investors and analysts. Cryptocurrency analyst and trader MilkyBull joins the fray ideas On this topic, claiming that the local bottom of Bitcoin has developed due to…