Category: rising
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Rising Bullish Momentum, Will Prices Go Higher?
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Bitcoin price started to rise strongly and broke the resistance level of $62,000. Bitcoin is showing positive signs and may rise towards the level of $63,200. Bitcoin gained bullish momentum above the $60,500 resistance area. The price is trading above the $61,500 level and the 100-hour simple moving average. A…
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Rising Bullish Momentum, Will Prices Go Higher?
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Bitcoin price started to rise strongly and broke the resistance level of $62,000. Bitcoin is showing positive signs and may rise towards the level of $63,200. Bitcoin gained bullish momentum above the $60,500 resistance area. The price is trading above the $61,500 level and the 100-hour simple moving average. A…
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Ethereum Rising, 2 Million Addresses Will Be In Money If $3,200 Is Broken
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Ethereum, which mirrors the performance of Bitcoin and other altcoins, has returned to above $3,000, days after falling below $2,800. With the second-most valuable cryptocurrency recovering, sparking optimism among token holders and battered traders, a close above $3,200 will be crucial in stimulating demand. Ethereum Rally: Will Bulls Be Able…
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Ethereum Rising, 2 Million Addresses Will Be In Money If $3,200 Is Broken
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Ethereum, which mirrors the performance of Bitcoin and other altcoins, has returned to above $3,000, days after falling below $2,800. With the second-most valuable cryptocurrency recovering, sparking optimism among token holders and battered traders, a close above $3,200 will be crucial in stimulating demand. Ethereum Rally: Will Bulls Be Able…
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WSJ on rising US yields, cite “potential Republican sweep in November”
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US bonds are suffering from a dismal performance: Forex Live US Forex News Summary July 1; US Yields Continue to Rise as Longest Period Ends The Wall Street Journal published an article about rising bond yields. I will add a warning here for those with political motives. The article deserves…
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Rising trade policy uncertainty poses a downside risk to growth: Goldman Sachs By Investing.com
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Comments and actions on global trade policy are becoming increasingly hawkish, and a potential victory by Donald Trump in the upcoming presidential election could lead to the imposition of significant tariffs on U.S. imports, potentially leading to retaliation and escalation, according to economists at Goldman Sachs. As a result, indicators…
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Emma Bridgewater’s Pottery Empire Faces £1.4m Loss Amid Rising Costs
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Iconic British pottery designer Emma Bridgewater has announced a loss of nearly £1.4 million for her homewares brand, due to deep discounts and increased online competition. This contraction follows a £1.1m profit the previous year. The Stoke-on-Trent-based company, which Bridgewater founded herself, saw a 9% rise in sales to £36.2m…
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Crypto crime is rising, investigators need more
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As cryptocurrency use cases increase, tracking cryptocurrency-related crimes is becoming more difficult, according to a new report. Cryptocurrency-related crimes and investigations, as revealed in a new analysis by Chainalysis a report, has become complex and resource-intensive compared to regular criminal investigations. This adds to the critical role that public sector…
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Crypto crime is rising, investigators need more
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As cryptocurrency use cases increase, tracking cryptocurrency-related crimes is becoming more difficult, according to a new report. Cryptocurrency-related crimes and investigations, as revealed in a new analysis by Chainalysis a report, has become complex and resource-intensive compared to regular criminal investigations. This adds to the critical role that public sector…
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Crude oil climbs to highest since April on rising geopolitical risks (NYSEARCA:USO)
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Slavko Sereda/iStock via Getty Images Crude oil futures posted back-to-back gains to settle at a seven-week high on Tuesday, with geopolitics returning to influence markets with renewed ship attacks in the Red Sea and Ukrainian drone attacks on Russian ships. Oil and energy infrastructure. Prices rose after a Ukrainian drone…
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Rising fuel inventories hit crack spreads, likely signaling refining slowdown ahead
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Slavko Sereda/iStock via Getty Images Oil futures posted strong weekly gains that offset the big decline that followed OPEC’s June 2 announcement of its plan to begin bringing back about 2.2 million barrels per day of crude oil later this year. It’s been a week taught by Conflicting demand forecastsOPEC…
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Inflation seen rising above Bank of Israel target range
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Israel’s Consumer Price Index (CPI) for May will be published tomorrow and the outlook is not optimistic. Analysts agree that the consumer price index rose by 0.5%-0.6% in May, bringing the inflation rate over the past 12 months to 3.1%-3.2%. This will be the first time this year that inflation…
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Massive 109 Trillion SHIB Sell Wall Blocks Shiba Inu From Rising To New All-Time Highs
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The current price action shows that Shiba Inu (SHIB) is currently in a Triangular formation Whose hack might send him on Great rise to the top. However, as the cryptocurrency continues to trade within this triangle pattern, on-chain data shows a strong resistance wall, which could pose a strong threat…
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Massive 109 Trillion SHIB Sell Wall Blocks Shiba Inu From Rising To New All-Time Highs
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The current price action shows that Shiba Inu (SHIB) is currently in a Triangular formation Whose hack might send him on Great rise to the top. However, as the cryptocurrency continues to trade within this triangle pattern, on-chain data shows a strong resistance wall, which could pose a strong threat…
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Rising food, electricity prices push May inflation up to 5.1pc
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The cost of living rose slightly in May, with inflation rising to 5.1 percent from five percent in April due to higher costs of food and electricity. The Food and Non-Alcoholic Beverages Index, which accounts for food prices, rose by 6.2 percent year-on-year compared to May of last year and…
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Panama prepares to evacuate first island in face of rising sea level
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Breadcrumb links BMN Business Article writer: Associated Press Mathias Delacroix and Juan Zamorano Published on June 1, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content GARDE SUJDUP, Panama (AP) — On a small…
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Millennial Homeownership Reaches 12-Year High Amid Rising Wages
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Homeownership among millennials has risen to its highest level in more than a decade, driven by a significant rise in income among young people, according to recent research by the Institute for Fiscal Studies (IFS). The IFS findings reveal a marked recovery in property ownership among 25- to 34-year-olds, which…
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Dow closes lower on rising yields, plunge in American Airlines By Investing.com
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Investing.com — The Dow Jones closed sharply lower on Wednesday, driven by higher Treasury yields and weaker industries as airline stocks fell sharply on concerns about demand after American Airlines Inc. cut its second-quarter earnings guidance. At 16:00 EDT (20:00 GMT), it was down 411 points or 1.1%, down 0.8%,…
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US futures sink as rising Treasury yields rattle nerves
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Dow Jones futures fell more than 200 points as US stocks entered the red on Wednesday, after a rise in Treasury yields unnerved investors already considering whether the latest data will change the direction on interest rates. Dow Jones Industrial Average (YM=F) and S&P 500 (ES=F) futures fell 0.6%, after…
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Forexlive Americas FX news wrap 28 May: USD rebounds helped by rising yields &confidence
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US consumer confidence came in much better than expected in the US session. The index moved to 102.00 versus estimates of 95.9 details: The current situation index is 143.1 compared to 142.9 previously Expectations Index 74.6 compared to the previous 66.4 Hard-to-find jobs 13.5 vs. 15.5 previously 16.9% of consumers…