Category: Record
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Solana Shatters Blockchain Record With Most Active Users
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Solana (SOL) recently achieved a significant milestone by registering Highest number of daily active titles In its history. This comes at a time when the cryptocurrency has also been experiencing high volatility, leading to speculation about what might be driving it and possibly impacting the market with it. Solana sets…
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Solana Shatters Blockchain Record With Most Active Users
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Solana (SOL) recently achieved a significant milestone by registering Highest number of daily active titles In its history. This comes at a time when the cryptocurrency has also been experiencing high volatility, leading to speculation about what might be driving it and possibly impacting the market with it. Solana sets…
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Pyrethrum extract prices rebound to a record high on weak shilling
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The price of pyrethrum extract, the main product obtained from processing pyrethrum flowers, jumped 38.8 percent last year to an all-time high, due to the weak shilling. Data from the Agriculture and Food Authority shows that the average price per kilogram of the extract was Sh37,500 in 2023, up from…
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Israel’s forex reserves hit record high in August
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The increase was mainly due to a revaluation process that increased reserves by about $4.243 billion, the Bank of Israel reported. Israel’s foreign exchange reserves at the end of August 2024 reached an all-time high of $217.377 billion, an increase of $3.743 billion over their level at the end of…
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Mobileye hits record low as Intel mulls selling stake
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Advanced Driver Assistance Systems (ADAS) Mobily International Company Intel Corp. (NASDAQ: MBLY) shares fell sharply on Friday to a record low after reports that Intel is considering options to sell part of its 88% stake in the Israeli company to ease liquidity problems. The stock fell 8.5% to $11.55, giving…
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U.S. Spot Bitcoin ETFs See Record $287 Million in Outflows, Except BlackRock
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US exchange-traded funds saw a massive outflow of funds, with $287.8 million withdrawn from listed ETFs yesterday, marking the largest single-day outflow since May 1, according to data from Farside Investors. RevealsAccording to Arcam data, the only ETF that did not see withdrawals was BlackRock, which reported no outflows. Eight…
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U.S. Spot Bitcoin ETFs See Record $287 Million in Outflows, Except BlackRock
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US exchange-traded funds saw a massive outflow of funds, with $287.8 million withdrawn from listed ETFs yesterday, marking the largest single-day outflow since May 1, according to data from Farside Investors. RevealsAccording to Arcam data, the only ETF that did not see withdrawals was BlackRock, which reported no outflows. Eight…
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India’s shrinking balance of payments surplus keeps rupee near record lows By Reuters
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Written by Nimesh Vora MUMBAI (Reuters) – India’s rupee held near an all-time low on Thursday despite intervention by the country’s central bank, with traders and analysts expecting continued pressure on the currency due to a shrinking balance of payments surplus. The rupee was at 83.9750 against the US dollar,…
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Nvidia suffers record $279 billion loss in market value as Wall St drops By Reuters
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By Noel Randwick and Susan McGee (Reuters) – Shares of artificial intelligence giant Nvidia Corp (NASDAQ:NVD) plunged 9.5 percent on Tuesday, the deepest one-day drop ever in the market value of a U.S. company, as investors tempered their optimism about artificial intelligence in a broad market sell-off following tepid economic…
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UBS on all time highs in equity markets – “record highs aren’t the same as market peaks”
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Via UBS, some interesting points came as the S&P 500 was just about 1% above its record high. The note looks at the total returns of the S&P 500 Index (i.e. price gains plus dividends) since 1945, and points to a downside risk of 1%. Buy at…
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European close: The fourth week of gains comes with record highs
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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European close: The fourth week of gains comes with record highs
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Vivo Energy half-year sales drop by Sh2bn amid record fuel prices
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Vivo Energy’s revenue in the Kenyan market fell by $16 million (Sh2.06 billion) in the first half of 2024, as record high fuel prices hit demand. The multinational said its Kenyan unit generated revenue of $769 million (Sh99.16 billion) during the six months, compared to $785 million (Sh101.22 billion) a…
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Gold climbs to the highs of the day, nears new record
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gold 10 minutes The daily chart of gold has had a nice turnaround. It dropped about $15 after a round of USD buying on the back of good GDP data, but has since regained all that and more. The bids came in just before $2,500, and now the price is…
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Nvidia blows past expectations with record Q2 earnings but shares fall
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Smart chipmaker Nvidia easily beat Wall Street’s bullish financial targets in the second quarter, forecast strong sales in the current quarter and said customers will start receiving shipments of its next-generation Blackwell chip in the fourth quarter. But with Nvidia’s earnings forecast strong, the company’s shares fell about 6% in…
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X Financial reports solid Q2 with record net income By Investing.com
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X Financial (ticker: XYF) has announced a solid performance for the second quarter of 2024, with President Kan Li expressing pleasure over the company’s significant year-on-year growth in net income, which reached a record high despite a decline in loan volume. The company’s proactive management of loan volumes, focusing on…
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Algorand Achieves New Record With 2 Billion Transactions, ALGO Price Jumps 14%
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In a recent report analyzing the second quarter performance of layer-1 (L1) blockchain network Algorand (ALGO), data analytics firm Messari highlighted several notable milestones the network achieved during the period, with a record number of transactions being one of the most notable. Rapid network growth One of the main metrics…
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Are investors safe as VIX retraces at record pace? By Investing.com
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While the dollar is falling at a record pace, Bank of America said in a note on Tuesday that investors may be inclined to breathe a sigh of relief. However, the bank questioned whether the path was really clear yet. After a spike in volatility on August 5, the VIX…
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El Al pays no tax on its record profits
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dominance El Al Israel Airlines Ltd. (level:Ilal) in the skies over Israel, after many foreign airlines canceled flights to and from Israel over fears of an Iranian strike, resulting in a record net profit of $147 million in the second quarter of 2024. With El Al able to charge high…
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Bitcoin Bears in Control? Record Low Funding Rates on Binance Signal Market Shift
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Meet Samuel Ideyemi, nicknamed HIM-buktu. A web3 content writer, journalist, and aspiring trader, Ideyemi is a multi-talented person. With his flair for words and sense of trends, he has written for several industry players, including AMBCrypto, Blockchain.News, Blockchain Reporter, and more. Edemi’s adventure into the world of cryptocurrencies was cinematic.…