Tag: billion
Hedge Funds Halve Bullish Dollar Bets as Rate Cut Expectations Soar: McGeever
Jennifer -
Hedge funds have significantly scaled back their optimism on the dollar, slashing net long positions against major and emerging currencies by $5.5 billion, the...
Binance Hit with $4.3 Billion Fine; Former CEO Changpeng Zhao Under House Arrest with $175 Million Bond
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The former CEO of Binance, Changpeng Zhao (CZ), is under house arrest in the United States, and a federal judge has set his bail...
USD/CHF Holds Steady Amidst Uncertainty in Fed Rate Hikes and SNB Reserves Decline
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In the early stages of Asian trading, the USD/CHF currency pair exhibits stability, reflecting a climate of uncertainty among traders regarding the trajectory of...
S&P/NZX 50 Index Closes Higher Amid Anticipation of Ebos Group’s Acquisition
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The S&P/NZX 50 Index in New Zealand concluded the trading day on a positive note, recording a modest gain as investors eagerly await details...
Coinbase Introduces Onchain Payment Protocol to Streamline Cryptocurrency Transactions
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Coinbase (NASDAQ:COIN) has taken a significant step toward simplifying cryptocurrency transactions with the unveiling of its Onchain Payment Protocol. This open-source solution aims to...
Alibaba Shares Decline Ahead of Quarterly Earnings Report Amid China Challenges
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Shares of Alibaba Group listed in Hong Kong (HK:9988) (NYSE:BABA) experienced a 1.7% decline as investors anticipated the upcoming quarterly earnings report, which is...
Asian Stocks Soar to Two-Month Highs Amid US Inflation Retreat and Surprising China Data
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Asian stocks surged to two-month highs on Wednesday, buoyed by expectations of Chinese stimulus measures and signs of a halt to rate hikes in...
Bitcoin Approaches Critical $35,500 Support Amidst Stock Market Gains Following Inflation Data
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Bitcoin finds itself teetering near a crucial support level of $35,500, a precarious position prompted by a market correction spurred by the latest U.S....
Bitcoin Experiences Price Decline Amidst Concerns of Overheating
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The robust momentum that recently propelled Bitcoin to a remarkable 31.8% gain over the last 30 days saw a sudden downturn on November 14,...
Bitcoin and Ethereum Surge as BlackRock ETF News Propels Market Cap to New Heights
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The cryptocurrency market has experienced a notable upswing, with Bitcoin and Ethereum spearheading the bullish trend. Bitcoin has surged by almost 36% in the...
Barclays PLC Faces Eight-Year Share Price Decline Ahead of Strategic Review
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Barclays PLC has witnessed a significant downturn in its share price over the past eight years, failing to achieve the ambitious targets set by...
Gellec Shifts Focus to Hong Kong IPO Amidst Changing Plans
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Hebei Gellec New Energy Science & Technology Co., a prominent Chinese battery manufacturer backed by electric vehicle giant BYD Co (SZ:002594), is contemplating an...