Category: offset
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How Strategic Bitcoin Reserves Could Help Offset US Debt, CEO Explains
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The US elections were one of the most defining events for the cryptocurrency space in 2024. Specifically, the re-election of Donald Trump revived Bitcoin and the entire cryptocurrency market after an uninspiring second and third quarter. One of the promises made by President-elect Trump in the run-up to the polls…
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Asian Stocks Swing as China Data Offset Fed Bets: Markets Wrap
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Breadcrumbs Path Links PMN Business Asian stocks moved between losses and gains on Monday, as expectations of a rate cut by the US Federal Reserve receded due to signs of continued stagnation in the Chinese economy. Article author: Bloomberg News Catherine Bosley Published on September 15, 2024 • Last updated…
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US stocks pare gains as spiking yields on fading rate-cut bets offset Nvidia rally By Investing.com
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Investing.com — U.S. stocks gave up gains on Tuesday, after Treasury yields rose as data pointing to signs of steady inflation dampened interest rate cut hopes, offsetting Nvidia-led charges in technology stocks. At 14:28 ET (18:28 GMT), it was down 589 points, or 1.5%, while down 0.8%, and the heavy…