Category: turmoil
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Bitcoin Presents A ‘Generational Opportunity’ As Global Turmoil Intensifies, Says Bitwise Executive
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This article is also available in Spanish. in mail In X, which was published yesterday, Jeff Park, head of alpha strategies at BitWise, said that Bitcoin (BTC) currently provides an “opportunity for generations” amid global macroeconomic turbulence. Park pointed to factors such as the proposed commercial tariffs of US President…
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Bitcoin Holds Strong Amid Equity Turmoil Over Fed’s 2025 Rate Cut Outlook: Report
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After the Federal Open Market Committee (FOMC) meeting on December 18, global stock market indices saw a slight decline. However, Bitcoin (BTC) has remained steady, trading in the mid-$90,000 range at the time of writing. Bitcoin is flat amid speculation of slower interest rate cuts After more than a year…
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Dollar strengthens ahead of key payrolls release; Middle East turmoil helps By Investing.com
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Investing.com – The US dollar rose on Thursday, benefiting from strong employment data as well as uncertainty caused by unrest in the Middle East. At 04:30 EDT (08:30 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, rose 0.2% to 101.597, not far from…
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Dollar benefits from safe-haven status amid Middle East turmoil By Investing.com
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Investing.com – The US dollar rose on Wednesday, with the safe haven adding to sharp gains made in the previous session, as an Iranian missile attack on Israel escalated tensions in the volatile region. At 03:45 EST (07:45 GMT), the dollar index, which tracks the US currency against a basket…
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Global investors brace for turmoil as big Fed cut sows confusion By Reuters
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By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Major global investors are on alert for sharp market volatility after a big U.S. interest rate cut sparked confusion over whether the market-dominating global economy will boom or slump, clouding the outlook for stocks, bonds and currencies around the world. Global…
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Buterin Withdraws 760 ETH As Market Turmoil Strikes Ethereum
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This article is also available in Spanish. Ethereum co-founder Vitalik Buterin was recently in the news after withdrawing 760 ETH – a move that sparked speculation about what such external transactions to his wallet could do to the Ethereum market. Related reading The transactions are part of a broader trend…
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Buterin Withdraws 760 ETH As Market Turmoil Strikes Ethereum
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This article is also available in Spanish. Ethereum co-founder Vitalik Buterin was recently in the news after withdrawing 760 ETH – a move that sparked speculation about what such external transactions to his wallet could do to the Ethereum market. Related reading The transactions are part of a broader trend…
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Analysis-Euro, now a safer bet, emerges a winner from market turmoil By Reuters
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Written by Sruthi Shankar and Alun John (Reuters) – The euro is trading at its highest level this year against the dollar, emerging as a clear winner from recent turmoil in global currency markets that has destabilized the strong dollar and halted a sustained slide in the Japanese yen. After…
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Venezuela Bans Binance, X In Crackdown Amid Election Turmoil
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Venezuela, a country in the throes of a political and economic crisis marked by hyperinflation and a depreciating bolivar, has taken drastic measures to restrict access to various internet platforms, including leading cryptocurrency exchange Binance and social media platform X (formerly Twitter). The measures come in the wake of a…
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TA of the Day: Solana’s Surprising Comeback! What’s Next for SOL After Crypto Market Turmoil?
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Cryptocurrencies It has seen a recovery from Monday’s massive sell-off, with Solana (SOL) leads the charge. Solana (SOL) has emerged as a strong competitor in the cryptocurrency market, often referred to as the “Ethereum Killer“.” Despite recent volatility, Solana offers compelling reasons for crypto traders to consider adding it to…
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Walmart is in the spotlight as investors eye defensive names amid market turmoil
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Various photography/iStock Editorial via Getty Images Walmart (New York:WMT) barely moved in early trading Monday, despite a global selloff that rattled investors. The carnage began in Japan, where the Nikkei 225 index plunged 13.2% in its worst session since the 2011 Fukushima nuclear meltdown. Adding to the concerns The Bank…
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Bitcoin Crashes Below $53K Amid Global Market Turmoil
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Image source: cryptopolitan The cryptocurrency market has seen a significant decline in recent days, with Bitcoin (BTC), the leading digital asset, Sharp drop below $53,000 This sudden disruption in the cryptocurrency market sent shockwaves through the entire cryptocurrency ecosystem, wiping out over $800 million in liquidated positions across the market.…
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Bitcoin Crashes Below $53K Amid Global Market Turmoil
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Image source: cryptopolitan The cryptocurrency market has seen a significant decline in recent days, with Bitcoin (BTC), the leading digital asset, Sharp drop below $53,000 This sudden disruption in the cryptocurrency market sent shockwaves through the entire cryptocurrency ecosystem, wiping out over $800 million in liquidated positions across the market.…
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UK’s new Treasury chief says previous government ‘covered up’ financial turmoil ahead of election
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Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Danica Kirka Published on July 29, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content LONDON (AP) — Britain’s new Chancellor of the…
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Cryptocurrency Market Sentiment Rallies Amid Political Turmoil Involving Donald Trump – Santiment
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In an interesting turn of events, Cryptocurrency Market Cryptocurrencies have seen an upbeat reaction following recent reports of an assassination attempt on former US President and Republican presidential candidate Donald Trump. As the information surrounding the attempt emerged, the market and society have seen positive reactions, including digital assets such…
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Corporate France braces for new era of political turmoil By Reuters
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By Lee Thomas and Helen Reid AIX-EN-PROVENCE, France (Reuters) – France’s business elite is worried about volatile politics, inexperienced policymakers, street protests and a possible wave of bankruptcies in the coming months, executives meeting in Provence ahead of Sunday’s parliamentary election said. Business leaders gathering in the southern city of…
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Economic turmoil in Bolivia fuels distrust in government and its claim of a ‘failed coup’
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Breadcrumb links PMN Business Article author: Associated Press Megan Janetsky and Paula Flores Published on July 1, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you have an account. Article content LA PAZ, Bolivia (AP) — “I buy dollars”…
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‘Buy The Dip?’ Bitcoin Price Decline To New 1-Month Lows Amid Crypto Market Turmoil
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The cryptocurrency market has been on a roll lately, with the price of leading digital asset Bitcoin falling to a new one-month low. After a long period of relatively stable prices, the price of Bitcoin saw a significant decline, falling to new one-month lows of around $64,000. This sudden decline…
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‘Buy The Dip?’ Bitcoin Price Decline To New 1-Month Lows Amid Crypto Market Turmoil
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The cryptocurrency market has been on a roll lately, with the price of leading digital asset Bitcoin falling to a new one-month low. After a long period of relatively stable prices, the price of Bitcoin saw a significant decline, falling to new one-month lows of around $64,000. This sudden decline…
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French Political Turmoil Ignites Rush for Havens: Markets Wrap
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(Bloomberg) — Investors sought safe-haven assets as concerns grew about political unrest in France, with European stocks heading for their worst week since October and U.S. stock futures weakening. Most read from Bloomberg The Stoxx 600 index fell by 1.2%, extending its losses since Monday to 2.6%. France’s CAC 40…