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Top Crypto Gainers Today Jul 11 – Echelon Prime, JasmyCoin, Cardano, Aave
Insidebitcoin·2024/07/12 08:31
Runes Summer has not yet arrived, is there still hope for runes?
Odaily·2024/07/12 07:43
On the Margin Newsletter: What would a Trump sweep mean for markets?
Plus, a look into US spot BTC funds six months into trading
Blockworks·2024/07/12 07:31
ONDO Price Drifts from All-Time High, Profit-Taking Increases
BeInCrypto·2024/07/12 06:54
Celer and Compound Hacked: dYdX, Pendle, and Other DeFi Platforms at Risk
BeInCrypto·2024/07/12 06:54
Dogwifhat (WIF) Price Trends Within a Narrow Range, Eyes Support
BeInCrypto·2024/07/12 06:54
Federal Reserve’s strategy for fighting inflation is working
Share link:In this post: The Fed’s Alberto Musalem says we’re making good progress on lowering inflation but didn’t say when rates might drop. The latest CPI report shows inflation falling more than expected, raising hopes for possible rate cuts later this year. Jerome Powell said that the Fed needs to see sustained inflation control before cutting rates.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provide
Cryptopolitan·2024/07/12 06:43
Best Meme Coins To Add To Your Portfolio Now, Friday, July 11 – WienerAI, Maga, Pepe, Cat in a dogs world
Insidebitcoin·2024/07/12 06:28
Most Trending Cryptos on Ethereum Chain Today – Bitdao, Presearch, Fame AI
Insidebitcoin·2024/07/12 06:28
Next Cryptocurrency to Explode Thursday, July 11 — Stacks, JasmyCoin, Mantle, Centrifuge
Insidebitcoin·2024/07/12 06:28
Flash
12:25
U.S. Oil Falls 4%, Below $92 Mark On June 4, WTI crude oil futures fell below $92 per barrel, dropping 4.23% during the day. Brent crude oil futures also declined by 3.88%, settling at $94.011 per barrel. In related news, Trump stated that the U.S. is in final negotiations to end the war in Iran.
12:25
Bitget lists BB, SMR, and SITM stock contracts with up to 20x leverage.According to an official announcement reported by Odaily, Bitget stock contracts have now listed three underlying assets: SMR (NuScale Power Corporation), SITM (SiTime Corporation), and BB (BlackBerry Limited). These assets cover popular sectors such as nuclear technology, high-performance chips, and intelligent security. The mentioned contracts support up to 20x leverage.
12:16
The euro makes a dramatic comeback as the ceasefire fuels the market, but why can weak data hardly stop the bulls?(1) During the European session on Thursday, the euro climbed strongly against other major currencies. Despite weak eurozone retail sales data, market sentiment improved significantly due to the Lebanon ceasefire agreement. Israel and Lebanon agreed to implement a ceasefire, coupled with easing concerns surrounding Trump’s tariff comments and falling oil prices, which together boosted risk appetite. (2) However, the euro's gains in the region were still constrained by multiple factors, including a new wave of tension in the private credit markets, continued worries from Trump’s tariff statements, and uncertainty regarding inflation and interest rate prospects. Data showed that eurozone retail sales in April declined by 0.4% month-on-month, worse than the expected drop of 0.3%, and in sharp contrast to March's growth of 0.8%. The year-on-year increase also slowed from 2.1% in March to 1.0%, mainly dragged down by falling sales of non-food items and automotive fuels. (3) In terms of market conditions, the euro rose against the pound to a four-day high of 0.8656; against the US dollar, Swiss franc, and yen, it climbed to 1.1631, 0.9191, and 185.96, respectively. Versus the Australian dollar, New Zealand dollar, and Canadian dollar, it reached 1.6302, 1.9803, and 1.6167, all recent highs. The market is watching for the release of the US weekly initial jobless claims data during Thursday's New York session to determine whether the euro can further test resistance levels.
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