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Big tech investors weren't disappointed Tuesday, as Alphabet reported better-than-expected earnings after the bell. Google's parent company Alphabet's revenue rose 15% year-over-year, with advertising revenue increasing more than expected. And more importantly, Google Cloud posted solid 35% year-over-year growth. The division's revenue last quarter was $11.4 billion, comfortably beating analyst estimates of $10.5 billion. Yesterday, Google rose about 1.66% before earnings and rebounded nearly 6% after earnings. The company might have done even better if it weren't for the serious regulatory issues it faces, including an antitrust lawsuit that challenges its monopolistic position. The lawsuit could require the company to…
In such a rapidly changing market, it’s important for users to identify which projects might succeed in the future. Some, like EarthMeta, are still under the radar but have the potential to reshape industries with their innovative technology. These are the types of coins that could see a big surge in 2025. 2025 could be the year when certain cryptocurrencies stand out, giving those who discovered them early a real advantage. As the digital economy expands, these newer cryptocurrencies are becoming more important in changing how people exchange value and interact online. They don’t just offer faster transactions or alternatives…
With less than a week to go until the US election, global markets, including cryptocurrencies, are buzzing with excitement as Bitcoin breaks the $72,000 barrier and heads towards unprecedented heights. The US election frenzy typically causes uncertainty in financial markets, but at the same time presents unique growth opportunities for both traditional finance and the crypto space. Investors typically focus on assets like Bitcoin (BTC) to see how they react to changes in economic policy, regulatory discussions, and public opinion. With BTC prices poised to hit all-time highs ahead of US election week, several major cryptocurrencies could rise infamously in…
Written by Lei Wee SINGAPORE (Reuters) – Investors on Wednesday braced for a competitive U.S. election that could have huge implications for the world's second-largest economy, as the Chinese government steps up efforts to boost growth. Asian stocks were weak due to the weakness of the Chinese economy. . Gold rose to an all-time high of $2,784.82 an ounce as fears over the close US presidential election supported the yellow metal. Bitcoin also hit a record high as markets weighed the possibility of Republican candidate Donald Trump winning. MSCI's broadest index of Asia-Pacific stocks outside Japan fell to its lowest…
The EUR/USD pair is currently sitting at $1.08154 and is moving within a symmetrical triangle pattern on the 2-hour chart, suggesting market indecision.With all-important economic releases and technical signals in play, traders are keeping a close eye on any decisive moves.The pair's 50-period exponential moving average (EMA) sits at $1.08115, which serves as a key pivot point, and the relative strength index (RSI) of 52.71 indicates momentum is balanced between buyers and sellers. I am.This setup creates a potential breakout scenario, with traders anticipating a change in direction depending on upcoming economic announcements.A break above the immediate resistance at $1.08300…
US-listed cryptocurrency exchange Coinbase has rolled out real-time account funding for customers in the US and Europe amid a frenzied market that has seen an increase in trading activity in recent days.The integration with Visa Direct will allow Coinbase users with eligible debit cards to deposit funds into their Coinbase accounts in real-time, eliminating traditional transfer delays, Visa said in a statement. statement on tuesday.This occurs as the price of Bitcoin, the world's largest cryptocurrency by market capitalization. rose sharply On Tuesday, it fell to its March high near $73,700. Exchanges like Coinbase collect revenue from people looking to speculate…
Bitcoin Stocks rose after falling back from nearly new highs on Tuesday. Alphabet Inc. (NASDAQ:GOOGL) Third-quarter profit beat expectations. cryptocurrency Gain +/- Prices (recorded at 8:30 p.m. EDT) Bitcoin (Cryptocurrency: BTC) +3.66% $72,287.07 Ethereum (Crypto: ETH) +2.31% $2,625.49 dogecoin (Code:Doge) +7.15% $0.1757 what happened: The world's largest cryptocurrency soared to $73,577, just $160 off its all-time high set in early March, and on the verge of making history. But that rise stopped as investors started outflowing their money. The latest rally bumped Bitcoin's October gain to 14.26%, fulfilling its promise of being one of the most valuable months on the…
The MAGA cryptocurrency has outperformed BTC as Trump’s odds of winning soar. The US election results will determine whether the MAGA crypto survives. nevertheless Bitcoin [BTC] It is one of the most tracked “Trump trades” given the increasing odds of the former president winning the US election, and other coins such as the MAGA crypto have also benefited. of meme coin It has surged 33% over the past seven trading days, outpacing BTC, which has risen about 6% over the same period. However, if the US election results go as predicted by prediction sites like Polymarket, MAGA and related coins…
The Royal Government of Bhutan transferred approximately 929 Bitcoins (BTC) worth approximately $66.16 million to cryptocurrency exchange Binance. On-chain data service Lookonchain first reported the transaction via X. The transfer was made in two parts, with the first 100 BTC (approximately $7.1 million) sent at 9:09 a.m. UTC, followed by an additional 839 BTC (approximately $59 million) at 9:56 a.m. UTC. The money was sent to. This information was corroborated by on-chain analytics platform Arkham, which has been monitoring Bhutan's holdings since September. Notably, this is the first time Bhutan has transferred Bitcoin to a cryptocurrency exchange since July 1,…
EUR/USD fell slightly ahead of important economic data from the Eurozone and Germany. Increasing uncertainty surrounding the US presidential election could cause the risk-sensitive euro to weaken further. Traders will shift their focus to US gross domestic product (GDP) and ADP employment change data later in the day. EUR/USD fell after two days of gains and was trading around 1.0810 in Asian time on Wednesday. The European Central Bank (ECB) is widely expected to cut deposit scheme rates again, putting downward pressure on the euro. Money markets are currently pricing in a nearly 50% chance of a 50 basis point…