Crypto News
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The Commodity Futures Trading Commission has announced that Mosaic Exchange Ltd. and its CEO, Sean Michael, must pay over $1.1 million in financial penalties following the ruling of the U.S. District Court for the Southern District of Florida. The court ruling responds to CFTC charges of a fraudulent digital asset commodity scheme. Penalties include ...
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The Chinese government is considering a plan that would have Elon Musk acquire TikTok’s U.S. operations to keep the app from being effectively banned, Bloomberg News reported on Monday. The contingency plan is one of several options China is exploring as the U.S. Supreme Court determines whether to uphold a law that calls for China-based ByteDance to divest ...
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The upcoming Ethereum Pectra upgrade, scheduled for early 2025, represents a major milestone in Ethereum’s development, focusing on improving usability, scalability, and efficiency. Split into two phases to mitigate risks, the upgrade combines enhancements to the execution layer (Prague) and the consensus layer (Electra). Key features include advanced ...
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There appears to be some welcome news on the US inflation front. Price hikes on the wholesale level were much tamer than anticipated in December, according to the latest Producer Price Index released Tuesday, indicating that inflation might not be reaccelerating as much as feared. However, Tuesday’s positive PPI report may merely be “the calm before the ...
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No decision will be made for at least a couple of years on whether Britain will go ahead with a central bank digital currency for the general public, the Bank of England said on Tuesday, pushing back the timeline for the project. Former Prime Minister Rishi Sunak championed the idea of a digital currency in 2021 when he was finance minister, but the BoE and ...
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The Producer Price Index for final demand advanced 0.2 percent in December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.4 percent in November and 0.2 percent in October. (See table A.) On an unadjusted basis, the index for final demand increased 3.3 percent in 2024 after moving up 1.1 percent in 2023. ...
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There appears to be some welcome news on the US inflation front. Price hikes on the wholesale level were much tamer than anticipated in December, according to the latest Producer ...
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In our October 2024 Cyclical Outlook, “Securing the Soft Landing,” we said the U.S. economy, like others, appeared poised for a rare soft landing – moderating growth and inflation ...
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No decision will be made for at least a couple of years on whether Britain will go ahead with a central bank digital currency for the general public, the Bank of England said on ...
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The Producer Price Index for final demand advanced 0.2 percent in December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.4 ...
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post: ECB'S HOLZMANN: WE HOPE TO MEET THE 2% INFLATION TARGET BY YEAR-END.
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post: QATAR: WE ARE HOPEFUL THE ISRAEL-HAMAS TALKS WILL LEAD TO AGREEMENT. post: QATAR'S FOREIGN MINISTRY SPOKESPERSON: WE HAVE OVERCOME THE MAJOR DIFFERENCES. post: QATAR'S FOREIGN MINISTRY SPOKESPERSON: THIS IS THE CLOSEST POINT WE HAVE BEEN TO A DEAL OVER THE PAST MONTHS.
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If anything, from a chart perspective, large wicks tend to have predictive value. What exactly does Bitcoin intraday buying on Jan 14th mean in terms of predictive value? First things first – the intraday recovery of Bitcoin on Jan 14th was nothing short of impressive. There are many reasons for that: 1. The fast pace of recovery, suggesting at very strong ...
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Since breaking above the $90,000 mark for the first time on Nov. 19, Bitcoin’s price has been consolidating within a wide range from $108,268 to $91,000. Nevertheless, according to technical indicators and political events, Bitcoin’s consolidation may be nearing an end, and the price could be on the verge of a breakout. According to crypto analyst Rekt ...
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Crypto exchange and digital asset trading platform Gate.io reported a total trading volume of $3.8 trillion in 2024, representing a 120% increase from the previous year, while its registered users exceeded 20 million. The platform's spot trading reached $1.8 trillion while contract trading hit $2 trillion, cementing its position as the fourth-largest ...