Crypto News
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Inspired by Costco’s flagship hot dog—and its decades-long price tag of $1.50 (plus drink)—a crop of crypto traders have found themselves engaged with Costco Hot Dog (COST). The Solana-based meme coin is an unofficial riff on the wholesale retail giant’s product, yet many holders are fans of the menu item and its dependable, inflation-flouting price point. ...
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Over two years ago, a discovery of mysterious antennas, consisting of a locked battery box, a router, and a solar panel, in the mountains of the Salt Lake City area has left the Utah authorities baffled over their origin, and today, there is still no official answer as to who was behind them. Specifically, Salt Lake’s recreational trails manager Tyler ...
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Bitcoin has had a phenomenal journey from a niche digital currency to a trillion-dollar asset class in a 15-year period. The January 2024 approval of 11 spot bitcoin ETFs was a watershed moment, presenting investors with a gateway to being able to invest in bitcoin through their traditional investment accounts. We expect this will continue to boost broader ...
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The Federal Reserve’s first-line inflation gauge is about to show some modest relief from stubborn price pressures, corroborating central bankers’ prudence about the timing of interest-rate cuts. Economists expect the personal consumption expenditures price index minus food and energy — due on Friday — to rise 0.2% in April. That would mark the smallest ...
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We, the G7 Finance Ministers and Central Bank Governors, met on 23-25 May 2024 in Stresa, Italy. We were honoured to be joined by the Ukrainian Finance Minister Sergii Marchenko. The Heads of the International Monetary Fund (IMF), World Bank Group (WBG), Organisation for Economic Cooperation and Development (OECD) and Financial Stability Board (FSB) also ...
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Bitcoin is quietly copying a key feature from the 2016 bull market which kicks in at $75,000. In a post on X (formerly Twitter) on May 24, popular trader Jelle eyed what could become the next “main breakout” for BTC price action. Bitcoin analysis often points to similarities between the current bull cycle and those gone by — notably the two most recent: ...
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Investors likely will have to sweat out a summer during which it looks increasingly improbable that the Federal Reserve will be cutting interest rates. A batch of ...
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This week on Macro Sunday the team touches upon the Ethereum & Bitcoin ETF, freight rates, copper tourism & much more.
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Finance leaders of the Group of Seven (G7) advanced nations on Saturday reaffirmed their commitment to warn against excessively volatile currency moves, language Japan sees as a ...
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It was another positive week for BTC/USD, which was up +1.9% as of London’s close on Friday despite finishing considerably off its best levels. Price movement on the weekly timeframe has been working between the limits of a potential bullish flag pattern since forming the all-time high of $73,845 in March. Even though the unit faded the upper edge of the ...
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Bitcoin is quietly copying a key feature from the 2016 bull market which kicks in at $75,000. In a post on X (formerly Twitter) on May 24, popular trader Jelle eyed what could become the next “main breakout” for BTC price action. Bitcoin analysis often points to similarities between the current bull cycle and those gone by — notably the two most recent: ...
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Celebrating the approval of its spot Ether exchange-traded fund (ETF), asset manager VanEck has released a 37-second advertisement urging viewers to “Enter the ether.” The ad was posted on X on May 23, approximately 30 minutes after the Securities and Exchange Commission approved its 19b-4 filing for a spot Ether ETF. This approval was alongside those for ...