Category: Losses
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Jasmy, Daddy Tate, Reef lead losses as Bitcoin stalls at $65k
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The popular altcoins suffered a harsh reversal on Sunday, September 29, as Bitcoin’s recent rally stalled a few points below $66,000. Jasmi, Daddy Tate, and Reeve reflect JasmyCoin (JASMY), the popular Japanese cryptocurrency, fell to $0.02326, down 8% from its high on Saturday. Daddy Tate (DADDY), linked to controversial social…
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Asian stocks rise; China up on repo rate cut, Australia hit by retailer losses By Investing.com
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Most Asian shares rose slightly on Monday amid continued optimism over lower interest rates, while Australian markets lagged as major retail stocks fell sharply in the face of an antitrust lawsuit. Chinese markets rose after the People’s Bank of China cut its short-term lending rate, although overall gains were limited.…
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Dollar bounces after Fed-inspired losses; sterling gains ahead of BoE By Investing.com
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The U.S. dollar rose slightly on Thursday, recovering from its lowest level in more than a year after the Federal Reserve announced a large interest rate cut, while sterling rose ahead of the Bank of England’s latest policy meeting. At 04:25 ET (08:25 GMT), the dollar index, which tracks the…
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Dollar claws back losses after Fed goes big on rate cut By Reuters
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Written by Ray Wee SINGAPORE (Reuters) – The U.S. dollar rose broadly on Thursday, reversing a brief slump following an overly aggressive interest rate cut by the Federal Reserve that was widely priced in by markets. The U.S. central bank on Wednesday began its monetary easing cycle with a larger-than-usual…
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Solana Losses Ground, Drops Below $137 As Bearish Momentum Builds
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This article is also available in Spanish. Solana started to decline again, falling below the $137 support level, indicating that the bearish momentum is gaining. The dragThe once promising uptrend has faltered, leaving traders and Investors Some are wondering if more losses are on the horizon. With selling pressure intensifying,…
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Solana Losses Ground, Drops Below $137 As Bearish Momentum Builds
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This article is also available in Spanish. Solana started to decline again, falling below the $137 support level, indicating that the bearish momentum is gaining. The dragThe once promising uptrend has faltered, leaving traders and Investors Some are wondering if more losses are on the horizon. With selling pressure intensifying,…
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Why importers face losses on KRA impasse with insurers
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Importers face the risk of higher storage costs as thousands of shipments are delayed due to disputes between the Kenya Revenue Authority and insurance companies over new fees imposed on the system used to process customs bond insurance. Customs bond insurance is a guarantee to the Kenya Revenue Authority that…
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Manchester United brand remains strong despite recent financial losses: Jefferies By Investing.com
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Investing.com – Despite recent financial challenges, Manchester United Liverpool Football Club (London:) (NYSE:)’s brand remains resilient and strong. According to analysts at Jefferies, the club’s global recognition and extensive fan base remain the key drivers of its strength, even amid declining financial performance and rising operating costs. Manchester United have…
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Shekel stable after week of heavy losses
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Despite its current weakness, HSBC expects the shekel to strengthen to 3.6 shekels per dollar by the end of 2024 and 3.4 shekels per dollar by the end of 2025. The shekel exchange rate stabilized today against the US dollar and the euro after a week of heavy losses. In…
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Global Domination: Cardano (ADA) Whales Swim To Crypto’s Fastest Growing Meme Coin After Another Week of 12% Losses
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Cardano (ADA), once hailed as a potential game-changer in the blockchain space, is facing significant challenges despite its recent technical upgrades. The latest Chang-Upgrade, designed to push Cardano (ADA) toward decentralization, has been successfully implemented. However, the market reaction has been less enthusiastic, with ADA suffering another 12% drop over…
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Dollar slips lower, struggling to stop losses ahead of payrolls By Investing.com
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The US dollar fell on Thursday, struggling to find its footing after weak economic data raised expectations of a major interest rate cut by the Federal Reserve later this month. At 04:35 ET (08:35 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was…
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Stocks pause days of losses ahead of US jobs data: Markets Wrap
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(Bloomberg) — Global stocks steadied after days of declines as uncertainty persisted over the health of the U.S. economy and the pace of potential interest rate cuts by the Federal Reserve. Most Read from Bloomberg The pan-European STOXX 600 index was little changed, with chemical and mining stocks the biggest…
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Tron (TRX) Investors Lose Faith In New ATH & Move Into New 100X Project Avenging TRX Losses
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Tron (TRX) investors are starting to lose faith in the possibility of reaching a new all-time high (ATH). The once-promising digital asset has seen its share of struggles, prompting many TRX holders to look for new opportunities to recoup their losses and potentially make significant returns. One such opportunity is…
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Tron (TRX) Investors Lose Faith In New ATH & Move Into New 100X Project Avenging TRX Losses
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Tron (TRX) investors are starting to lose faith in the possibility of reaching a new all-time high (ATH). The once-promising digital asset has seen its share of struggles, prompting many TRX holders to look for new opportunities to recoup their losses and potentially make significant returns. One such opportunity is…
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Dollar set for further losses
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Investing.com – The U.S. dollar recently fell to its lowest level this year amid growing expectations that the Federal Reserve will soon start cutting interest rates, and UBS expects more losses to come. At 05:55 ET (09:55 GMT), the dollar index, which tracks the greenback against a basket of six…
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Lido DAO’s (LDO) New Analytics Might Deter Hostile Market Environment Despite 18% Weekly Losses
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The hostile market environment is currently hampering altcoins’ near-term gains. With the broader market down 2%, LDO’s losses compound Crude oil prices have risen 18% since last week, continuing to end the week with pain for short-term investors. This has shaken investor confidence as fear, uncertainty and doubt spread through…
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Crypto Losses Fall To $15 Million In August
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In August 2024, the crypto ecosystem saw its lowest monthly losses this year. However, this development, which could be very encouraging for potential investors, is accompanied by increasing losses since the beginning of the year (YTD), indicating that the emerging industry could record even greater losses to bad actors in…
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Bitcoin Set For Further Losses As Data Points To Stormy September – Details
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according to Data from CoinMarketCap, Bitcoin had a turbulent end to August, losing 7.75% of its market value in the last week. This price drop confirms the overall negative performance of the crypto market leader over the past month, with a monthly price decline of 10.64%. Interestingly, amidst this bearish…
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Bitget Launches P2P Security Layer ‘Shield’ to Ensure Safety and Mitigate Users’ Losses
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Article Content VICTORIA, Seychelles, August 26, 2024 (GLOBE NEWSWIRE) — PetgettThe world’s leading cryptocurrency exchange has announced the launch of its P2P Shield security layer, which increases security within P2P trading. This new layer aims to ensure user trust and the reliability of the platform from fraudulent activities that can…
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Kenyan banks see forex losses from subsidiaries as shilling strengthens
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Kenyan banks recorded currency losses of about Ksh50 billion in the first half of the year when translating financial statements of regional subsidiaries into Kenyan shillings due to the appreciation of the shilling during the period. The shilling has appreciated by between 19 and 31 percent against the currencies of…