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Implications: Energy and food price increases have been curbed.Energy prices fell 11.5% from a year ago, when fuel and electricity costs rose nearly 35% due to energy shortages caused by Russia's war in Ukraine. Food prices rose 6.9%, about half of the same period last year.So-called core inflation, which excludes food and energy prices, rose 3.6%, slowing significantly from the previous month.Governments in France, Germany and Spain are working to lower food and utility bills to help consumers struggling with the cost of living crisis. In Belgium, prices have fallen sharply for the second month in a row. “The process…

Unlock Editor's Digest for freeFT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter.Eurozone inflation fell much more than expected in November to 2.4%, its slowest annual pace since July 2021, providing some relief to consumers and prompting interest rate cuts soon There were high hopes that this would happen.The sharp decline from 2.9% in the previous month was driven by investors hoping for rate cuts soon and central bankers seeking to keep borrowing costs high until the biggest rise in inflation in a generation is firmly contained. This further heightens the tension between them.The main factors…

Yes, you will have to pay taxes on your cryptocurrency if you hold it as an investment. In a crypto investor's ideal world, no taxes would apply to digital currencies. However, the federal government considers crypto investments to be assets, making them subject to capital gains tax (CGT). Transactions such as disposals, exchanges and swaps are all considered his CGT assets by the ATO, but Liz Russell, senior tax manager at online tax filing service Etax.com.au, says this fact is often overlooked. It is said that it is. “Many people are aware that exchanging one type of cryptocurrency for another,…

quick takeThere is a well-known pattern in the world of financial assets. That is, an expected positive development or “good news” is preceded by a sharp rise in asset prices, followed by a noticeable decline once that event occurs. This phenomenon, often referred to as “buying the rumor and selling the news,” suggests an interplay between strategic, perhaps institutional, buying and retail investors who leave their buying at peak times.For example, the launch of the ProShares Bitcoin Strategy ETF (BITO) in October 2021 coincided with the peak of the crypto bull market. The event's trading volume exceeded his $1 billion…

Renowned investor Raul Pal has used key data to demonstrate that 2024 will be a favorable year for cryptocurrencies, surpassing expectations for tech stocks. “We have NDX and cryptocurrency growth assets here, which is why it bottomed before everything else,” the statement declared. Pal predicts cryptocurrencies will outperform tech stocks In a series of posts on X (formerly Twitter), Pal cited key market indicators and made it clear that he believes the cryptocurrency market is likely to see a strong upswing over the next 12 months. “But the ISM leading indicator is surging, which is where SPX is usually at…

So, you’ve decided to invest in the burgeoning asset class of cryptocurrencies, but you’re not sure which crypto app to use to start investing. Well, you’ve come to the right place.In this article, we’ll look at the best crypto exchanges in India, examining them in close detail. By the end, it will help you decide which crypto app to use for your crypto investing needs. So, without further ado, let’s get started.Top PicksMudrex is among the best cryptocurrency investing apps.Crypto TrackerList of Top Cryptocurrency Exchanges and Apps in IndiaThere are several crypto exchanges in India. While most focus on crypto…

Major crypto miners recently discussed strategies to reduce the impact. Bitcoin (Virtual currency: BTC) halving is scheduled for April 2024. They are focused on staying prepared, maintaining capital reserves, and improving fleet efficiency to effectively overcome challenges that may arise after the halving.speak at Benzinga's Future of Digital Assets There was an event in New York City last week. Roman NuzaresCo-Founder, Chairman, and CEO of sato technologies, philippe fortierSenior Vice President of Corporate Development bit farms (NASDAQ:BITF) and Harris BaijitChief Strategy Officer Bitdia Technologies Group (NASDAQ:BTDR) also emphasized the importance of using stranded energy for Bitcoin mining.Enter to win $500…

Mike Shinoda I've been extremely busy lately. For the past four years, Linkin Park He has since embarked on a solo career and has been working on a number of projects (including a new experimental mixtape EP). Ziggurat).on the other hand, COVID-19 The pandemic has brought many challenges, but Mike Shinoda has used the lockdown to connect with his fans: He now streams several times a week. Twitchwhich offers everything from art and games to live music production. Shinoda also works as a record producer, producing a number of tracks for up-and-coming artists.But it's not over yet. This year, Shinoda…

In this photo, the HTX logo, formerly known as Huobi, is displayed on the screen of a mobile device.Null Photo | Null Photo | Getty ImagesTwo cryptocurrency platforms associated with prominent digital entrepreneur Justin Sun have been hacked with two exploits, and an estimated $115 million may have been stolen so far.The targeted projects include the HTX digital currency exchange, formerly known as Huobi, where hackers leaked approximately $30 million worth of cryptocurrencies, the company said in a statement Wednesday.HTX admitted that the so-called blockchain bridge Heco Chain was also attacked.Sun, an HTX investor and affiliated with Heco Chain, confirmed…

A woman rides a bicycle with the Marina Bay Sands Hotel and skyscrapers in the background on September 4, 2023 in Singapore.Roslan Rahman | AFP | Getty ImagesSingapore's financial regulator has announced that following feedback on the proposed regulations, Singapore will introduce stricter rules for crypto service providers.”The consulted proposals detail business conduct and consumer access measures to limit potential consumer harm,” the Monetary Authority of Singapore said in a statement on Thursday.The measures include banning crypto service providers in Singapore from accepting locally issued credit card payments, providing incentives for crypto trading, lending to retail customers, and offering margin…