Crypto News
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A single mom-of-three lost her $7,500 life savings to a Tinder crypto scammer. Natalie Foster, 42, matched with a man on Tinder three weeks ago. The pair hit if off immediately before the man, ‘James’, began talking incessantly about crypto. He convinced Natalie to get a crypto wallet – a virtual wallet which allows you to buy and keep cryptocurrency. She ...
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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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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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I am a buyer bitcoin right here, with a stop loss at the $65,500 level, and a target of $72,000. However, if you are longer term incline, waiting to see if we can break above the $73,000 level could work out in your favor if you can add to the position at that point. Bitcoin has initially fell during the trading session on Friday to test the crucial $67,000 ...
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Crypto market capitalisation rose 6.2% in seven days to $2.57 trillion, approaching the area of this year’s highs above $2.7 trillion. Bitcoin’s price, like the overall market capitalisation chart, tests the upper boundary of the downward range that has been in force since March. The break of this downtrend is the ability to consolidate above the last local ...
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It is my great pleasure to welcome all of you to this conference. As Governor Ueda mentioned in his opening remarks, the Bank of Japan is conducting the “Broad Perspective Review” of our monetary policy over the past 25 years. In short, it has been a battle against persistent deflation and a battle with the zero lower bound. Let me start by giving an overview of the inflation picture during this period. Please look at Chart 1. Japan’s deflation started in the late 1990s and continued for 15 years. The average inflation rate was just minus 0.3%. It was a mild but persistent deflation. To tackle this situation, the Bank introduced the 2% price stability target and Quantitative and Qualitative Monetary Easing, or QQE, in 2013, and a negative interest rate policy and Yield Curve Control, or YCC, in 2016. As a result, we succeeded in achieving a situation without deflation, but the average inflation rate was 0.5%, which fell short of our 2% goal. Recently, inflation rate has risen to around 3%, following the gl post: BOJ DEPUTY GOVERNOR UCHIDA: DEFLATIONARY BATTLE NEAR CONCLUSION post: BOJ DEPUTY GOVERNOR UCHIDA: BANK OF JAPAN OVERCOMES ZERO LOWER BOUND post: UCHIDA: CHALLENGE REMAINS TO ANCHOR 2% INFLATION post: BOJ'S UCHIDA: HIGHER MENU COSTS, TOGETHER WITH MILD INFLATION, HAVE SLOWED THE PACE OF PRICE ADJUSTMENT
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The Bank of Japan (BOJ) will proceed cautiously with inflation-targeting frameworks, Governor Kazuo Ueda said on Monday, noting that some challenges are “uniquely difficult” for ...
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Japan, South Korea and China confirmed the importance of North Korean denuclearization Monday at a trilateral summit held hours after Pyongyang announced a plan to launch a ...
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The entire world economy is at risk from a glut of cheap Chinese exports, France’s Finance Minister Bruno Le Maire said in tandem with a barrage of joint criticism from the Group ...
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The European Central Bank is on track to start cutting interest rates next month, but will need to keep policy in restrictive territory through 2024, according to Chief Economist ...
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A key technical chart formation suggests that Ether’s price is about to break out toward new all-time highs. Can Ether flip the $4,000 psychological mark into support? Ether price rose over 27% over the past week, flipping key resistance areas into support. Following its price rally, Ether has broken out of its falling wedge chart formation, a pattern that ...
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Crypto market capitalisation rose 6.2% in seven days to $2.57 trillion, approaching the area of this year’s highs above $2.7 trillion. Bitcoin’s price, like the overall market capitalisation chart, tests the upper boundary of the downward range that has been in force since March. The break of this downtrend is the ability to consolidate above the last local ...
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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 ...