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50.2 and earlierManufacturing PMI 45.7 vs expected 47.0Previously 46.5Composite PMI 49.9 vs. expected 49.7Previously 49.2Once again, the divergence in the euro area's economic performance is clear. While service activity is recovering and improving, manufacturing has been left behind and remains in recession. But all things considered, the overall economy will be closer to stabilization, at least by the end of the first quarter. HCOB points out:“If you were hoping for a rebound in manufacturing in the first quarter, it's time to give up. March's PMI confirms clear weakness in the sector, which is dominated by Germany, the dominant country. Production…
The cryptocurrency market has experienced a notable downturn in recent days. Bitcoin (BTC) has suffered a significant decline from over $73,736 to just over $61,000, marking a 14.7% decline over the past week. However, amidst the recent market volatility, prominent crypto trader Schofield also shared his bullish view, predicting that target prices for various cryptocurrencies will range from 200% to 1000% in the next 3-4 months. ing. 200% – 1000% Surge Top Cryptocurrencies BTC goal is $150,000 Schofield begins his analysis with Bitcoin (BTC), the flagship cryptocurrency, which is predicted to reach $150,000, reflecting a 250% increase from its current…
The Spot Bitcoin ETF has lost $742 million in the past three days.Digital assets have rebounded strongly from a week of decline, with more than half of the top 100 cryptocurrencies posting double-digit gains in the past 24 hours.According to CoinGecko, Bitcoin (BTC) last traded at $67,200, a 10% recovery from yesterday's low of $60,950.Despite the market recovery, Spot Bitcoin ETFs continued to see outflows on March 20, with $385.6 million outflows from the Grayscale Bitcoin Trust and the overall sector total, according to Soso Value. This is causing an outflow of $261.6 million per day. The Invesco Galaxy Bitcoin…
Yolanda Diaz, Department of Labor Posted by: Corner March 21, 2024 Banca March: Uncertainty in economic policy and rising labor costs, two concerns of Bank of Spain Governor Hernández de Cos, in the political context of business, the need for improved regulatory quality and stronger business confidence. Point out the need to be negatively affected by uncertain situations. All this is accompanied by an increase in non-wage labor costs (see graph), which ranks among the top among European countries, reducing the competitiveness of Spanish companies. As the Governor warned, the combination of these two factors could have a negative impact…
Business activity in the euro area approached stability in March, with preliminary PMI® survey data showing only a slight decline in output of goods and services. The gradual recovery in service sector production gained momentum, and the rate of decline in manufacturing production slowed accordingly. However, continued production declines in France and Germany offset improvements in other parts of the euro area, pointing to an uneven economic picture.Encouragingly, the rate of decline in orders has slowed and business confidence for the year ahead has improved to a 13-month high. Supplier delivery times for product producers also continued to improve…
New research suggests Solana is emerging as a standout. He has been compared to tech giant Apple, especially for his innovative approach to merging hardware and software. But Solana's appeal goes beyond mere Apple imitation. Unlike Apple's hardware-centric approach, Solana reverses the equation and focuses on leveraging hardware to enhance and expand his Web3 experience. How Solana stands out in the crypto market Co-founder Raj Gokal often describes Solana’s vision as the “Apple of cryptocurrencies.” This highlights our ambition to not only drive hardware sales, but to innovate through software and introduce new features and experiences. This analogy is a…
Asset management giant BlackRock (BLK) on Wednesday officially announced a tokenized asset fund on the Ethereum network.According to reports, the BlackRock USD Institutional Digital Liquidity Fund will be represented by the blockchain-based BUIDL token, fully backed by cash, US Treasury securities, and repurchase contracts, and will receive tokens daily via blockchain rails. It is said to provide a yield that is paid to holders. release.According to BlackRock, Securitize will act as the transfer agent and tokenization platform, while BNY Mellon will be the custodian of the fund's assets. Anchorage Digital Bank NA, BitGo, Coinbase, and Fireblocks also participate in the…
event dateThursday, June 24, 2021 15:00 This presentation is about Televend, a new digital medicine distribution method that combines a darknet backend with a shopbot messaging app frontend. In 2011, the first darknet market for illegal drugs, the crypto market (Silk Road), began trading. This is a significant innovation in the digitally mediated drug trade, allowing buyers to use anonymized browsers and currencies to purchase illegal drugs from a set of vendors with high quality rankings. Completing purchases on darknet markets requires a high degree of technical expertise. Many are deterred by these requirements and instead stick to face-to-face interactions…
Cryptocurrency mining companies fared well on the stock market on Wednesday, boosted by some individual good news and optimism about cryptocurrencies in general. Many of them closed significantly above their price for the day. cleanse park (CLSK 22.80%) While there was a sudden increase of about 23%, Marathon Digital Holdings (Mara 16.10%) wasn't far behind, with a 16% increase. riot platform (riot 11.81%) Although the company didn't reach those heights, it did give shareholders a gain of nearly 12%. The Fed will continue to respond. As the stock market nears its close, the most influential event hits cryptocurrencies. This was…
A federal judge in Utah has sanctioned the U.S. Securities and Exchange Commission (SEC) after the agency cracked down on inaccurate statements it made in a cryptocurrency fraud case.In an order filed Monday, U.S. District Judge Robert Shelby issued a temporary restraining order (TRO) against Utah-based company Digital Licensing, Inc. accused the SEC of “malicious conduct.” We are developing our business under the name “DEBT Box”.Last July, the SEC issued a temporary asset freeze against DEBT Box, alleging that the company operated a fraudulent scheme in which it sold fake “node licenses” to investors that purported to generate crypto assets.…