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According to S&P Global, the HCOB Eurozone Manufacturing Purchasing Managers Index (PMI) fell from 46.5 in February to a three-month low of 46.1 in March 2024. The decline in the survey's headline numbers was driven by changes in the index's two smallest components (supplier delivery times and purchased inventories) as disruptions from the diversion of ships from the Suez Canal eased, leading to a sharp improvement in vendor performance. It was caused. (This is traditionally treated as a negative cycle indicator as it indicates a less busy supplier).At the country level, March survey data showed further significant divergence in performance.…
Annual inflation in countries using the euro currency fell faster than expected in March, official data showed on Wednesday. Consumer prices in the euro zone rose by just 2.4%, down from 2.6% in February, according to EU statistics agency Eurostat. Meanwhile, Germany recorded an annual inflation rate of 2.2% in March, down from 2.7% in February. Analysts' forecasts for the eurozone ranged from no decline at all to a decline of around 2.5%. Inflation in the single currency area has fallen sharply from its peak of 10.6% in October 2022, as Russia's invasion of Ukraine in February affected Europe's energy…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. As Bitcoin and Ethereum weather a bull market, Fezoo is gaining traction and offering investors a promising alternative in the dynamic world of crypto exchanges. Fezoo has attracted attention from investors keen to explore new opportunities amid the Bitcoin and Ethereum bull market. Its potential and the ongoing presale have piqued the interest of the crypto community. Bitcoin's recent struggles Although Bitcoin has struggled recently, the cryptocurrency world is still rushing to accumulate more of this token. Looking at…
Looking for the best crypto broker? Check out this month’s sign up bonuses from some of Benzinga’s top cryptocurrency brokers such as Coinbase and eToro.Cryptocurrencies have gained widespread attention in recent years, with many people believing that they are the future of finance. The potential for transformative impact is clear, and as the cryptocurrency market continues to evolve, it is expected to become even more competitive. This year, new brokers are entering the scene, offering innovative features and services to cater to the growing demand for digital assets. Selecting the right crypto broker is crucial for success in trading or…
Ready to take your crypto trading to the next level? Learn the best day trading crypto strategies and techniques in this guide.With the Bitcoin halving set to occur this April, many crypto enthusiasts and traders are gearing up for potential volatility in the market. This presents a unique opportunity for crypto day traders to capitalize on market movements and potentially maximize their profits. While day trading crypto can be lucrative it is still a risky endeavor, especially during times of significant events like the halving. It is crucial to understand the basics of day trading and have a solid trading…
Benzinga’s top picks for the best crypto wallets are Ledger and Coinbase Wallet.A cryptocurrency wallet is a digital wallet that allows you to securely store, send and receive digital currencies like Bitcoin, Ethereum, and many others. It is essentially like a bank account for your digital currency, providing a safe and convenient way to manage your assets in the world of digital finance.This year, the crypto industry has rebounded strongly, with a notable increase in prices and market capitalization exceeding $1 trillion. This has sparked optimism among many investors. As the cryptocurrency market continues to grow, so does the need…
The US government transferred some of its Bitcoin stash to Coinbase this week.The government has about $2 billion worth of Bitcoin in wallets seized from Silk Road on the dark web.Approximately 2,000 Bitcoins, worth approximately $130 million, were transferred to Coinbase. Thank you for registering! Access your favorite topics in a personalized feed on the go. Download the app The US government has moved part of its Bitcoin stash to Coinbase, according to a closely monitored cryptocurrency wallet on the blockchain.This cryptocurrency wallet is known to be owned by the US government and stems from the seizure of Bitcoin from…
Galaxy Digital, a leader in the crypto space, is expanding its investment reach with a recently announced $100 million fund. The venture aims to empower promising early-stage crypto startups. The move builds on Galaxy's existing involvement in the crypto ecosystem, which has previously relied on internal capital for corporate investments. Galaxy Digital’s Latest Fund Driving Cryptocurrency Ecosystem Growth The fund, known as Galaxy Ventures Fund I, LP, plans to back up to 30 startups over the next three years. Investments start at $1 million and focus on financial applications, software infrastructure, and cryptographic protocols. Galaxy Digital has a strong history…
concerns arise BulgariaPossibility of entry into euro area The country will face political instability in the coming months. Analysts have warned of regular talent shortages. government It can impede progress and pose a significant obstacle to achieving official goals. Standard & Poor's, a division of S&P Global, emphasizes the important role of political stability in economic development. Bulgaria's euro area desire. prudent fiscal management, EU funding reform; euro area Lack of affiliation and cohesion government The structure presents challenges. ”In our view, this means: government It is likely that efforts to introduce the euro will be resumed.” points out an…
April 4, 2024 1:51 am | 2 minute read | renowned financial expert, Raul Palremains optimistic about the future of cryptocurrencies, predicting rapid adoption despite the recent market downturn.what happened: On Thursday, Pal expressed his views on the current state of the crypto market to X (formerly Twitter). Despite the recent decline in major virtual currencies, Bitcoin (Crypto: BTC), Ethereum (Crypto: ETH), and dogecoin (CRYPTO: ETH), Pal remains bullish on the future of digital currencies.Enter to win $500 in stocks or cryptoEnter your email address to get Benzinga's Ultimate Morning Update, a free $30 gift card, and more.On a day…