Category: Record
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It’s beginning to look like another record for holiday travel
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Breadcrumb links PMN BMN Business Article writer: Associated Press David Koenig Posted on December 20, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you have an account. Article content Drivers and airline passengers who don’t have reindeer and sleighs…
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Bitcoin Exchange Transactions Hit Record Lows—What This Means For BTC’s Price
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This article is also available in Spanish. Bitcoin has seen significant price movements in the past few days, largely influenced by macroeconomic developments and market fundamentals. After the Federal Open Market Committee (FOMC) meeting and Federal Reserve Chairman Jerome Powell’s speech, the price of Bitcoin fell sharply to below $99,000.…
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Crypto Expert Predicts Major Altcoin Season As Market Cap Eyes Record Levels
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Ronaldo is an experienced cryptocurrency enthusiast dedicated to the emerging and ever-evolving industry. With over five years of intense research and unwavering dedication, he has developed a deep interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which quickly turned into a deep passion to…
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Bitcoin Exchange Reserves Hit Record Low, Could $120K Be on the Horizon?
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Bitcoin has seen sustained upward momentum in recent weeks which has led to consistent new highs for the asset. According to recent analysis, it appears that this momentum is not just random, but comes amid major movements behind the scenes. Especially the last one Data This indicates that Bitcoin reserves…
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Investors’ allocation to US stocks hits record high amid ‘super-bullish sentiment’: BofA survey
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Investors are growing increasingly optimistic as the stock market continues to rise through the end of 2024. In Bank of America’s December global fund managers survey, 36% of respondents said they overweight US stocks, the highest level seen in the survey’s history. This major shift in US stocks came alongside…
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Record surge in job applications as UK vacancies dwindle
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The UK labor market is under intense pressure with the number of applications submitted for every job advertised skyrocketing, reflecting deep-rooted economic uncertainties and a tight recruitment climate. According to data from talent acquisition platform Tribepad, the average number of applications per job opening reached 48.7 in November, a staggering…
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Royal Mail fined record £10.5m for late deliveries
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Royal Mail has been fined a record £10.5 million by the postal regulator after more than a quarter of first-class letters were delivered late. Ofcom said the company had failed to meet its obligations to deal with letters quickly enough, marking the second financial penalty it faces in just over…
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Farmers face £600m hit as second-worst harvest on record intensifies pressure
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British farmers are set to collectively lose around £600 million after poor growing conditions produced the second-worst wheat crop on record. New figures from the Department for Environment, Food and Rural Affairs revealed that the UK wheat crop fell to 11.1 million tonnes in 2024, down from 14 million tonnes…
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UK workforce set to hit record low as sickness surge takes toll on jobs market
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Britain’s workforce will fall to a record low, as growing numbers of people who cannot work well will weaken the economy’s future prospects, according to the tax and spending watchdog. New projections from the Office for Budget Responsibility (OBR) suggest that the proportion of over-16s either in work or looking…
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UAE buys Mclaren’s automotive business following record losses
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Abu Dhabi’s sovereign wealth fund is set to acquire the automotive division of McLaren, the iconic British supercar manufacturer, in a move that reshapes the ownership of one of the UK’s most iconic car brands. The deal follows a difficult period for the Woking-based company, which posted a record annual…
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Bitcoin, Ethereum, And Solana Poised For Record Highs In 2025
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This article is also available in Spanish. Recently a reportBitwise, the cryptocurrency exchange-traded fund (ETF) issuer and asset manager, has revealed a bold forecast for Bitcoin and the broader cryptocurrency market by 2025, highlighting the significant performance of major cryptocurrencies throughout this year. An excellent year for Bitcoin and major…
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Spot Ethereum ETFs Record Best Weekly Performance, 10-Day Inflow Streak Continues
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US spot ETFs (exchange-traded funds) continued their impressive form, recording their 10th straight day of positive flows to close out the week. This strong performance reflects the increasing positive sentiment among investors after the recent US presidential elections. The string of capital inflows will also mark a great start to…
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Record Leveraged Loan Deals Mask Emerging Frailty: Credit Weekly
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Breadcrumb links BMN Business Debt markets have been in risk mode for weeks, driven by interest rate cuts from the Federal Reserve and the election of Donald Trump to the US presidency. Risk premia on junk bonds have fallen by more than one percentage point since early August, and companies…
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South Korean Crypto Exchanges Hit Record $34 Billion Volume
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Yesterday, the cryptocurrency market in South Korea suffered a sharp decline after declaring a state of emergency. This caused a massive sell-off that brought the prices of most cryptocurrencies to monthly lows. After the turmoil, local stock exchanges saw record daily trading volume for the second day in a row,…
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BAE Systems to recruit record 2,400 trainees in 2025
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BAE Systems, the UK’s largest defense company, is set to recruit a record 2,400 apprentices, undergraduates and graduates next year, marking a major milestone in its continued investment in workforce development. This admission will take the total number of apprentices across the FTSE 100 group to 6,500 – approximately 15%…
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Stock market’s record run sets stage for December gains, pros say
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The market’s record year may have more room to go, with sentiment boosted by recent outperformance and historical trends. Stocks hit all-time highs following President-elect Donald Trump’s victory earlier this month, as Wall Street remains optimistic about the incoming administration’s economic agenda despite looming tariff risks. “Tariff threats may lead…
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Bitcoin Sets Record In Weekly Realized Profits – Data Supports Strong Demand
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Bitcoin entered a consolidation phase just below the $100,000 level, after an impressive rally that saw the price reach all-time highs almost every day for about three weeks. While the market has calmed down recently, Bitcoin’s upward momentum remains strong, and many analysts believe the pause is only temporary before…
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Ethereum Open Interest Hits Record High Of $17 Billion — Bearish Or Bullish For ETH Price?
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This article is also available in Spanish. The price of Ethereum saw a significant rise last week, returning above the $3,500 level for the first time since July 2024. This one-week performance represents a change in the fortunes of the “king of altcoins,” which have slowed somewhat. After a great…
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Spot Ethereum ETFs Surpass Single-Day Record With $333 Million Inflow — Details
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US-based Ethereum spot ETFs (exchange-traded funds) continued to shine after last week’s strong performance. After a period of significant outflows in recent weeks, cryptocurrency products have received significant interest from investors in the United States. As a result, Ethereum ETFs ended November, their best 30-day period since their launch, on…