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  • A.I. cryptocurrencies jump after Nvidia reports booming artificial intelligence demand

    From cnbc.com

    AI-themed cryptocurrencies got a lift Thursday from excitement around Nvidia and its increasing demand for chips that power artificial intelligence applications. SingularityNET (AGIX) rose as much as 19%, according to CoinMarketCap, to 29 cents. Cortex (CTXC) rose 6% to 17 cents and Measurable Data Token (MDT) added 6.5% to reach 4 cents a coin. All these tokens have a market cap of less than $40 million. Fetch.ai (FET), with a market cap of $195 million, gained nearly 5% to trade at 23 cents. Meanwhile, most of the rest of the cryptocurrency market, including bitcoin and ether, was flat. AI cryptocurrencies refer to ... (full story)

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    Russia's Central Bank worries about crypto ‘infection' of the broader economy

    From kitco.com|May 25, 2023

    Ksenia Yudaeva, First Deputy Chair of the Central Bank of Russia (CBR), said Russian businesses using cryptocurrencies in cross-border settlements must do so in a way that ensures ...

    Bitcoin’s Next Big Move Hinges on $26,500

    From dailypriceaction.com|May 25, 2023

    Bitcoin closed below $26,500 on Wednesday for the first time since mid-March. The level had served as key support for months before Wednesday’s breakdown. However, the jury is out ...

    Fed Traders Are Fully Pricing In Another Rate Hike Once Again

    From bnnbloomberg.ca|May 25, 2023

    Traders fully priced in another quarter-point interest-rate increase by the Federal Reserve within the next two policy meetings and a more than one-in-two chance that hike could ...

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    Forecasting personal consumption expenditures (PCE) with Indicio

    From macrobond.com|May 25, 2023

    With inflation in focus, we have generated a forecast for US personal consumption expenditures (PCE) with Indicio. Indicio is an automated, machine-learning platform that allows ...

    Expectations Debt

    From collabfund.com|May 25, 2023

    I live in Seattle, and Amazon is our giant. A third of my neighbors work for the company. When Amazon was on top of the world in 2021 – reputation gleaming, stock price booming – ...

    It's a 2% growth world

    From scottgrannis.blogspot.com|May 25, 2023

    The second revision to Q1/23 GDP growth came in slightly stronger than expected: 1.3% vs 1.1%. Both those numbers are annualized, so actual growth in the quarter was a mere 0.32%. ...

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  • Posted: May 25, 2023 9:01pm
  • Submitted by:
     Newsstand
    Category: Entertainment News
    Comments: 0  /  Views: 167
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