Crypto News
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In December 2022, in the middle of the night, 25-year-old Aiden Pleterski was kidnapped in downtown Toronto. His captors released the self-proclaimed "Crypto King" after three days but under threat - Mr Pleterski had to come up with some money, fast, according to court documents. "I'm sorry, I really am, I didn't want to or mean to ruin anyone's life," a ...
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Renaissance Technologies LLC, the quantitative fund founded by the late Jim Simons, loaded up on shares of meme-stock darlings AMC Entertainment Holdings Inc. and GameStop Corp. ahead of the latest rally. The hedge fund bought 3.82 million shares of AMC in the first quarter of 2024, adding to its position in the movie theater chain, according to regulatory ...
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Cryptocurrency has become a popular investment option in recent years. It’s known to offer a long-term investment option with the potential for large gains, investment diversification, and a possible hedge against inflation. While some investors have been buying and selling digital currencies since Bitcoin was launched in 2009, others are just getting ...
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The Conference Board Leading Economic Index® (LEI) for theU.S. decreased by 0.6 percent in April 2024 to 101.8 (2016=100), after decreasing by 0.3 percent in March. Over the six-month period between October 2023 and April 2024, the LEI contracted by 1.9 percent—a smaller decrease than its 3.5 percent decline over the previous six months. “Another decline in ...
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On Thursday (May 16), Bitcoin (BTC) declined by 1.47%. Partially reversing a 7.44% rally from Wednesday (May 15), BTC ended the session at $65,198. US inflation and retail sales figures from Wednesday (May 15) fueled investor bets on a September Fed rate cut. Hopes of a Fed rate cut drove buyer demand for riskier assets. However, FOMC member commentary on ...
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Renaissance Technologies LLC, the quantitative fund founded by the late Jim Simons, loaded up on shares of meme-stock darlings AMC Entertainment Holdings Inc. and GameStop Corp. ahead of the latest rally. The hedge fund bought 3.82 million shares of AMC in the first quarter of 2024, adding to its position in the movie theater chain, according to regulatory ...
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On May 14, U.S. Trade Representative Katherine Tai released a review report on the Section 301 tariffs imposed on China and issued a statement indicating that President Joe Biden ...
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European Central Bank board member Isabel Schnabel warned against back-to-back rate cuts amid lingering inflation risks, Nikkei reported Friday, as the central bank gears for its ...
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The upcoming European Parliament elections, scheduled for June 6-9, 2024, are expected to carry significant implications for the future of the European Union. This significance ...
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Thank you, President Kashkari, for the introduction, and thank you to the conference participants for the opportunity to speak with you.1 As you all know, the payment system ...
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post: ECB's De Guindos: Sees Inflation Moving Towards Our 2% Goal In 2025
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The Conference Board Leading Economic Index® (LEI) for theU.S. decreased by 0.6 percent in April 2024 to 101.8 (2016=100), after decreasing by 0.3 percent in March. Over the ...
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Recent statistics have expressed a positive outlook for Bitcoin in the crypto market. A CryptoQuant analyst has mentioned that the chief crypto token is regaining momentum in terms of price performance and that the bull run could go on for another year. The analyst provided the details based on the on-chain data to justify the stance. As per the expert, the ...
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Ether's (ETH) sell-off has stalled, with bears hitting a brick wall characterized by an upward-sloping trendline drawn off October and January lows, according to charting platform TradingView. The bears' inability to penetrate that bull-market trendline since Monday suggests they might have to back up a bit and allow a price bounce before making another ...
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Crypto trading volumes recorded on Robinhood Markets Inc. more than halved in April, outpacing the decline seen on rival exchanges as digital-asset appetite among retail investors cooled. Crypto notional trading volumes were $10.1 billion last month, Robinhood said in an operating report on Wednesday, down 57% from March’s volumes of $23.6 billion. It was ...