Crypto News
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While it is no secret that social media personality and former professional kickboxer Andrew Tate is a big fan of Bitcoin (BTC), he has recently shared a view that the flagship decentralized finance (DeFi) might, in fact, become the only acceptable monetary and investment choice. Specifically, Tate has argued that the United States dollar was “f**ked,” ...
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Called ‘Blue Moon’, the new NFT offering was designed by Charli Cohen, who took inspiration from the song itself which is played before every home game and serves as the anthem of Manchester City fans. The cooperation between OKX and Manchester City has now resulted in a new NFT offering with the launch of the second design of ‘Unseen City Shirts’. The ...
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The past century has been a wild ride for investors. This article explores ten of the most dramatic plunges the stock market has witnessed, from the tech-fueled Dot-com bubble burst to the global economic shock of the COVID-19 pandemic. Each crash offers a unique story, exposing vulnerabilities in the system and highlighting the interconnectedness of ...
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The inflation rate in Germany is expected to be +2.2% in April 2024. The inflation rate is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to increase by 0.5% on March 2024. The ...
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Bitcoin (BTC) continues to consolidate below the $65,000 mark, which serves as the new resistance level, with the market looking for the possibility of a price bottom that can act as an anchor to a new rally. In line with this, cryptocurrency trading expert TradingShot shared insights on Bitcoin’s current state in a TradingView post on April 29, ...
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While it is no secret that social media personality and former professional kickboxer Andrew Tate is a big fan of Bitcoin (BTC), he has recently shared a view that the flagship decentralized finance (DeFi) might, in fact, become the only acceptable monetary and investment choice. Specifically, Tate has argued that the United States dollar was “f**ked,” ...
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Claudio Piron, co-head of Asia foreign exchange and rates strategy at BofA Securities, says the weakness in the Japanese yen, which dropped as much as 1.2% to 160.17 per dollar on ...
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Mark Matthews, head of Asia research at Julius Baer, explains why he sees three interest rate cuts by the Federal Reserve this year.
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The latest figures confirm the pick-up in US inflation over the past few months, with the Fed signalling that interest rates are likely to stay high for longer amid more ...
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A couple of quick moves and the pair is dragged back down on the day: chart USD/JPY 1-minute chart. I had a whole post lined up about how Tokyo had every reason to step in but they didn't earlier. So far, the drop is still seeing a couple of volatile pushes up and down when you drill down to the minute chart. It is not quite one with extreme force. As such, I'm inclined to say that this isn't a move by Tokyo to step in. But rather, exacerbated flows making its way through some stop orders. The pair now dips to 157.80 before being bought back up again to 158.20 in quick succession. post: AND USDJPY FALLS BACK DOWN TO ERASE 2HRS OF GAIN pic.twitter.com/lsojAG8qc5 USD/JPY drop gathers pace, now down to 157.21 on the day BOJ intervention in play? chart Now, this is starting to look a bit more forceful. The 150-pip decline earlier still had some semblance of the move that we saw on Friday last week. But now, the drop in USD/JPY is starting to look more forceful and convincing. If anything, we might have finally hit the nerve and Tokyo are responding in due kind. USD/JPY now down to 156.85 as I update the post. The question now is how long can Tokyo keep this up for as they look to draw a hard line on the yen fall? The big problem for Japanese officials is that they don't have the fundamental narrative on their side. post: USD/JPY Extends Decline, Falls 1.1% to Day’s Low at 156.60
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The inflation rate in Germany is expected to be +2.2% in April 2024. The inflation rate is measured as the change in the consumer price index (CPI) compared with the same month a ...
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post: ECB'S WUNSCH TO ECONOSTREAM: ECB SHOULD BE CAUTIOUS ABOUT A JULY CUT.
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Bitcoin has fallen about 12% in April, and if bears sustain the lower levels, it will be the worst-performing month since November 2022, according to data from CoinGlass. Bitcoin bulls could continue to face challenges in May because the month has produced a negative monthly close for the past three years. The near-term uncertainty in Bitcoin’s price has ...
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Bitcoin (BTC) continues to consolidate below the $65,000 mark, which serves as the new resistance level, with the market looking for the possibility of a price bottom that can act as an anchor to a new rally. In line with this, cryptocurrency trading expert TradingShot shared insights on Bitcoin’s current state in a TradingView post on April 29, ...
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The European Union’s 27 member states are getting ready to enforce its landmark crypto laws this year – and businesses looking to operate in the bloc should be watching what national authorities are doing, policy watchers say. In a few months, the Markets in Crypto Asset (MiCA) regulation’s specialized rules for stablecoin issuers will take effect, followed ...