Category: Shows
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El Salvador Survey Shows Bitcoin’s Lindy Effect in Action
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Follow Nicholas on X here El Salvador’s misguided critics got some new ammunition this week. Modern reconnaissance It revealed that only 7.5% of Salvadorans use Bitcoin in transactions, and that 92% of Salvadorans do not use it. But while some (Steve Hanke) may look at these numbers and think “Oh,…
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New Data Shows Slowing Bitcoin Volatility – Setting Up For The Next Rally?
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Bitcoin is currently holding above the $62,000 mark after a 5% rally due to lower demand in the past few days. As the market grapples with uncertainty, recent data from Coinglass suggests that Bitcoin volatility has declined significantly during this period of sideways trading. This decrease in volatility often serves…
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New Data Shows Slowing Bitcoin Volatility – Setting Up For The Next Rally?
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Bitcoin is currently holding above the $62,000 mark after a 5% rally due to lower demand in the past few days. As the market grapples with uncertainty, recent data from Coinglass suggests that Bitcoin volatility has declined significantly during this period of sideways trading. This decrease in volatility often serves…
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Oil survey of inventory shows a headline crude oil build much larger than expected
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Huge building — — The expectations I saw focused on: Main crude +2.0 million barrels Distillates -1.9 million barrels Gasoline -1.1 million — This data point is from a special survey conducted by the American Petroleum Institute (API). It is a study of oil storage facilities and companies The official…
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Whales didn’t sell Bitcoin at $62k, on-chain data shows
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Bitcoin is facing another correction after it crossed the $62,000 level on October 2. However, the data shows that whales did not participate in the recent sell-off. Bitcoin (BTC) consolidated around the $60,000 area from October 1-4 as geopolitical tension between Iran and Israel escalated. Immediately after the US jobs…
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Dollar gains as ADP shows better than expected jobs gains By Reuters
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Written by Karen Brettell NEW YORK (Reuters) – The dollar hit a three-week high against the euro on Wednesday after the ADP national employment report showed that jobs in the U.S. private sector increased more than expected in September, ahead of jobs data expected on Friday. Traders are also closely…
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Mixed market signals: Technology sector shows resilience amid financial sector dips
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Stock Heat Map By FinViz.com Tue, 01 Oct 2024 13:46:04 GMT The US stock market today offers a mix of cautious optimism and sector-specific setbacks, as evidenced by the latest heatmap data. Let’s dive into the details: ? Technology sector: steady growth with major milestones The technology sector is showing…
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Fed Pres. Bosic: Is open to another 50 bp cut if labor market shows continued weakness
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk 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 or…
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As big supermarkets pursue profits, new research shows growing exploitation of shrimp farmers
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BANGKOK (AP) — Indonesian shrimp farmer Julius Kahyonogroho was running more than two dozen ponds just a few years ago, employing seven people and earning enough to support his family. Since then, the 39-year-old says the prices he gets from buyers have fallen by half, he’s had to downsize to…
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Bitcoin Price To Witness Significant Gains In Last 3 Months Of 2024, Historical Data Shows
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Opeyemi is a skilled writer and enthusiast of the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has remained quite drawn since he forayed into this space over the course of two years. Now, Opeyemi takes pride in creating unique pieces…
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Bitcoin Price To Witness Significant Gains In Last 3 Months Of 2024, Historical Data Shows
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Opeyemi is a skilled writer and enthusiast of the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has remained quite drawn since he forayed into this space over the course of two years. Now, Opeyemi takes pride in creating unique pieces…
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Oil survey of inventory shows huge headline crude oil draw, much greater than expected
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Via oil price dot com on Twitter: — The predictions I saw focused on: Main crude oil -1.4 million barrels Distillates -1.1 million barrels Gasoline -0.02 million — This data point is taken from a special survey conducted by the American Petroleum Institute (API). It is a survey of oil…
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Bullish bets steady on Asian currencies as Fed easing bets soften dollar, Reuters poll shows By Reuters
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Written by Sameer Manikkar Analysts remained bullish on most Asian currencies, although some pared bets slightly, as a defensive U.S. dollar driven by a dovish Federal Reserve boosted the appeal of risk-sensitive assets, a Reuters poll showed on Thursday. Long bets were highest on the Malaysian ringgit and the Thai…
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Australia’s August Labor Market Data Shows Strength Despite High Interest Rates
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Data from the Australian Bureau of Statistics reflects the resilience of the Australian labour market in a high interest rate environment. The economy added a net 47.5K jobs in August, above the expected gain of 28.0K and slightly below the downwardly revised gain of 48.9K in July. The gains came…
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Japan August data shows a big miss for both exports and imports – recap
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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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Central bank digital currency momentum growing, study shows By Reuters
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By Mark Jones LONDON (Reuters) – A total of 134 countries representing 98% of the global economy are now considering digital versions of their currencies, with nearly half at an advanced stage and pioneers such as China, the Bahamas and Nigeria seeing a resurgence in use. Research by the US-based…
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Microsoft 365 down for thousands of users, Downdetector shows By Reuters
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(Reuters) – Microsoft Corp’s productivity software suite stopped working for more than 16,000 users on Thursday, outage tracking website DownDetector.com said. This comes nearly two months after a flawed software update from cybersecurity services company CrowdStrike (NASDAQ: ) affected nearly 8.5 million Windows devices, crippling operations across industries ranging from…
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Gen Z turns to Instagram and TikTok for news, Ofcom report shows
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They use these platforms to search for things on Google. Spend countless hours While some social media platforms have been a breeding ground for fake information, deepfakes, and security concerns, Gen Z also turns to them for news. Take TikTok for example: the Chinese-owned short-video platform has been banned on…
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Oil – private survey of inventory shows a headline crude oil draw vs. build expected
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Figures via oilprice.com on Twitter: — The predictions I saw focused on: Crude oil rises by 1.0 million barrels Distillates +0.3 million barrels Gasoline -0.1 million — This data point is taken from a special survey conducted by the American Petroleum Institute (API). It is a survey of oil storage…