Category: Persistent
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Bitcoin Faces Persistent Resistance at $100K, Analyst Eyes Next Step
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Samuel Edomi met his title – for him. Web3 content writer, journalist, ambitious trader, Edyme is multi -use as it comes. With a talent for words and nose for trends, he formulated many industrial players, including Ambrypto and Blockchain.news and Blockchain correspondent, among others. Edyme invasion in the world of…
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Inflation ticked higher last month, in latest sign of persistent price pressures
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Bread path links PMN PMN Business The author of the article: Associated Press Christopher Roger It was published on January 31, 2025 • Read 2 minutes You can save this article by registering for free here. Or log in if you have an account. Article content WASHINGTON (AP) – The…
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Spot Bitcoin ETFs Witness Persistent Negative Outflows, A Sign Of Fading Confidence?
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This has turned out to be a bleak week for Bitcoin spot trading funds (ETFs) as the historical products have seen consistent negative outflows in the past few days in light of recent price volatility. Spot Bitcoin ETFs record outflows for 3 consecutive days In a worrying development. Bitcoin ETFs…
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“Persistent” inflation in the US is on the rise – argues against a 50bp FOMC Sep rate cut
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This tweet is from Nick Timeraos, a Wall Street Journal Fed watcher: Although the data relates to July (with the upwardly revised June result added), the Fed released it on September 3. If you’re familiar with this measure of inflation, this rise provides another reason why speculation of a 50…
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Bitcoin Market Facing A Persistent Net Sell-Side Bias, Glassnode Reveals
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Opeyemi is a skilled writer and passionate about the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has been fully drawn to it since he entered the field over two years ago. Now, Opeyemi prides himself on creating unique pieces that…
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FOMC May Meeting Minutes Highlighted Members’ Concerns Over Persistent Inflation
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As expected, the Federal Open Market Committee (FOMC) kept interest rates unchanged at 5.25-5.50% during its May meeting. At that time, members also agreed to slow the pace of reducing bond holdings on their balance sheet, leading to a slight easing of monetary policy. But the meeting minutes printed this…