Category: looms
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Ethereum Faces Crucial Test As Funding Rates Decline And $3K Level Looms
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Ethereum is undoubtedly under pressure despite the recent bull run in the broader cryptocurrency market as it struggles to make any significant upward move. Modern analysis Written by ShayanBTC, a contributor to the CryptoQuant QuickTake platform, highlights the key factors affecting Ethereum’s performance. In a post titled “Ethereum faces a…
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Ethereum Faces Crucial Test As Funding Rates Decline And $3K Level Looms
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Ethereum is undoubtedly under pressure despite the recent bull run in the broader cryptocurrency market as it struggles to make any significant upward move. Modern analysis Written by ShayanBTC, a contributor to the CryptoQuant QuickTake platform, highlights the key factors affecting Ethereum’s performance. In a post titled “Ethereum faces a…
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Queens Nephew warns of ‘material uncertainty’ over Quintessentially’s future as £15m loan deadline looms
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In essence, the concierge service, which was co-founded by Sir Ben Elliott – the Queen Consort’s nephew – warned that “material uncertainty” remained surrounding its ability to continue as a going concern, despite recording higher sales and narrowing losses in its latest financial year. Newly filed accounts for Quintessentially (UK)…
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UK inflation rises to 2.6% as interest rate decision looms
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New data from the Office for National Statistics (ONS) has revealed that UK inflation rose to 2.6% in November, exceeding the Bank of England’s forecast of 2.4% and 2.3% recorded in October. The surprise jump marks the second straight monthly increase, pushing the headline figure above the central bank’s target…
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Asda faces financial challenges as £900m Walmart repayment looms
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Concerns are growing about Asda’s financial stability, with the UK supermarket giant facing a £900m repayment to its former owner, Walmart, by 2028. The repayment, which includes £500m for the remaining stake in Walmart and £400m in interest, has prompted credit rating agency Fitch to warn of a possible overhaul…
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Bitcoin Correction Looms As Analyst Predicts Fall To $85,600
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The price of Bitcoin (BTC) rose 7.99% in the past week to reach a new all-time high of $99,655 on November 22. After that, the number one cryptocurrency saw a slight bounce in the last 48 hours as it fell to around $98,200. However, speculation of a major price correction…
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Borneo Challenge Looms as Anwar Marks Two Years as Malaysian PM
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Breadcrumb links BMN Business One of Malaysia’s richest states is trying to take control of the country’s largest gas reserves, complicating relations within the ruling coalition and threatening to hit federal revenues. Article writer: Posted on November 23, 2024 • 4 minutes read You can save this article by registering…
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Ethereum Milestone Looms: Market Expert Foresees Breakthrough To $10,000 Mark
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Cryptocurrency enthusiasts are showing their confidence once again ethereum, The second largest potential digital asset in the ongoing cycle, with some experts predicting that ETH will see a historic price surge to unprecedented heights at the peak of this bull cycle. These experts point to past market trends and ETH’s…
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UK business confidence hits twelve-month low as Autumn Budget looms
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Business confidence in the UK has fallen sharply, recording its first decline in a year, as concerns grow over Chancellor Rachel Reeves’ upcoming autumn budget. The latest economic data, along with insights from the upcoming SME Barometer brought to you by Prism, highlight growing concerns among businesses, with many fearing…
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Putin’s Shadow Looms Over Moldova’s Vote on EU Membership
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Breadcrumb links BMN Business Pro-European forces in the former Soviet republic are trying to counter a campaign by Russia to keep the small country in its orbit. Article writer: Bloomberg News Jasmina Kuzmanovic and Lena Grau Posted on October 19, 2024 • 6 minute read You can save this article…
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WIF Bulls Charge Toward $2.89 As Key Resistance Test Looms
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Recent trading activities reveal that WIF is gaining bullish momentum, with its price rising towards the critical resistance level of $2.89. After a short pullback, buyers intervene, pushing the asset higher and paving the way for a potential breakout. A successful breakout may open the door to new gains, reinforcing…
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Dollar at Crossroads as Trump or Harris White House Looms By Investing.com
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Investing.com – The upcoming US elections may be a crossroads for the dollar, as a Trump win is likely to initially strengthen the US currency, while a Harris win could lead to short-term weakness, but experts warn against betting on any immediate win. . -The movement in results is likely…
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Asia FX firms slightly, dollar steady as CPI data looms By Investing.com
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Investing.com — Most Asian currencies rose slightly on Thursday, recovering some of recent losses, while the dollar held near a seven-week high ahead of key consumer inflation data. Regional currencies suffered losses over the past week amid growing doubts about the pace of future interest rate cuts by the Federal…
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Olive oil prices set to halve as Mediterranean bumper harvest looms
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Olive oil prices are expected to fall significantly in the coming months, with experts predicting a potential 50% drop as the largest producing region in the Mediterranean, Andalusia in Spain, prepares for a bumper harvest. The end of prolonged drought conditions is expected to increase production by 77%, with the…
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Olive oil prices set to halve as Mediterranean bumper harvest looms
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Olive oil prices are expected to fall significantly in the coming months, with experts predicting a potential 50% drop as the largest producing region in the Mediterranean, Andalusia in Spain, prepares for a bumper harvest. The end of prolonged drought conditions is expected to increase production by 77%, with the…
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$1 Milestone For Dogecoin Looms: Market Expert Reveals Shocking Timeline
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Early consequences of recent events Fed cuts interest rates The overall cryptocurrency industry has been on a positive note with major assets like Dogecoin showing bullish sentiment. This positive performance has prompted many bullish predictions for DOGE, with some analysts predicting the dog-themed meme coin to reach unprecedented highs in…
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Oil firms evacuating US Gulf of Mexico staff as major hurricane looms By Reuters
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HOUSTON (Reuters) – U.S. oil producers scrambled on Monday to evacuate employees from oil platforms in the Gulf of Mexico as the second major hurricane in two weeks was expected to hit offshore oil fields. A potential tropical cyclone in the Caribbean is expected to rapidly strengthen over the warm…
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Oil firms evacuating US Gulf of Mexico staff as major hurricane looms By Reuters
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HOUSTON (Reuters) – U.S. oil producers scrambled on Monday to evacuate employees from oil platforms in the Gulf of Mexico as the second major hurricane in two weeks was expected to hit offshore oil fields. A potential tropical cyclone in the Caribbean is expected to rapidly strengthen over the warm…
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Crisis looms at varsities after talks by State, lecturers collapse
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Talks aimed at averting a nationwide work boycott by university professors and non-teaching staff have collapsed, paving the way for a strike to begin at midnight. The strike was called by the University Academic Staff Union and the Kenya Universities Staff Union. It comes just a week after students called…
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Major Bitcoin Price Action Looms? Expert Foresees Exciting Weeks Ahead For BTC
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Bitcoin Bitcoin once again failed to break above the $61,000 price level, leading to a drop to around $59,000, sparking speculation about its short-term potential. Despite the negative market trends of the past few weeks, many analysts remain bullish on Bitcoin, predicting a significant rise for the digital asset in…