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Major stock markets were mostly lower on Wednesday after mixed economic data and company reports, while Bitcoin traded near record highs in anticipation of the upcoming U.S. presidential election.The three major US stock indexes fell slightly after the rally, but major European markets fell even more sharply in mid-afternoon trading.”Investors are not looking to increase their exposure to equity markets given the lack of a clear lead from the US, where consolidation is mainstream today,” said Trade Nation analyst David Morrison. No,” he said.Google's parent company Alphabet reported strong earnings after Tuesday's close, rising nearly six shares, but that was…
This photo taken on November 15, 2023 shows part of the European Commission building in Brussels, Belgium. (Xinhua/Zhao Dingzhe)From July to September, the eurozone and EU GDP (seasonally adjusted) increased by 0.9% year-on-year.BRUSSELS, Oct. 30 (Xinhua) – The euro area's seasonally adjusted gross domestic product (GDP) grew by 0.4% in the third quarter of 2024, improving from 0.2% growth in the previous quarter, according to preliminary data released. did. Wednesday according to Eurostat.The European Union's GDP grew by 0.3% in the third quarter, maintaining the same pace as the second quarter, according to data from the EU Statistics Office.Seasonally adjusted…
Crypto.com is currently the second largest cryptocurrency exchange in the world.The company said trading volume increased after attracting major traders.Crypto.com is expected to register $139 billion worth of trades in October, which will be the company's best monthly performance.Founded in 2016, the Singapore-based exchange is currently the world's second-largest crypto trading platform by trading volume, according to data compiled. The Block. In recent months, it has outperformed both Dubai-based Bybit and U.S. exchange giant Coinbase.A large part of Crypto.com's surge in trading volume is due to its outreach to institutional clients, said George Tucker, general manager of Crypto.com. DL News.“We…
The euro zone economy grew faster than expected from July to September, boosted by Germany's surprise expansion, official data showed on Wednesday, but experts warned that growth would slow in coming months. .The 20-nation single currency bloc grew by 0.4% in the July-September period compared to the previous three months, the EU's official data agency said.A boost from the French Olympics and better-than-expected growth in Spain pushed the figure above the 0.2% expected by analysts polled by Bloomberg.There will be a sense of relief in Europe after concerns that Germany will squeeze the eurozone.However, European production has consistently underperformed compared…
What is the price of Ethereum today? The price of Ethereum (1 ETH) was $2,659.14 at 8 a.m. ET. The highest intraday price for the cryptocurrency in the past year was $4,088.00 on March 12, 2024. ethereum chart *Return comparisons are as of 8 a.m. ET. Ethereum is not the first altcoin, but it is the most popular and successful. This cryptocurrency was born in 2015. Its blockchain has generated tremendous growth and revenue over the past nine years. Ethereum price history This chart captures data as of 8 a.m. ET each day and does not display intraday highs or…
Investing.com — Oil prices rose on Wednesday, supported by industry data that showed U.S. inventories unexpectedly fell, as well as positive growth data from Europe. As of 8 a.m. ET (12 p.m. Japan time), the stock was up 1.1% to $71.53 per barrel and 1.2% to $68.00 per barrel. Both contracts fell sharply this week after Israel's attack on Iran was not as serious as feared, allaying some concerns about a dire escalation in the Middle East conflict. Featured economic data The tone was boosted by the release of better-than-expected third-quarter growth data on Wednesday, raising expectations for future economic…
With gold and Bitcoin both at or near record highs, which 'hard money' is better as investors seek hedges against economic uncertainty, inflation and geopolitical shifts? The debate over this is intensifying. Amid mounting economic pressures, two traditionally antagonistic assets, gold and bitcoin, have soared to or near record highs, sparking debate over their role as “hard money.” With gold passing the $2,770 milestone and Bitcoin (BTC) hovering near its all-time high of $73,800, the simultaneous rise signals underlying anxiety in the market. Investors are increasingly looking to both as a defensive hedge against economic fluctuations, drawing attention to the…
2024 has been a monumental year for the cryptocurrency community, full of ups and downs, but the culminating moment is yet to come, as the United States will vote on its next president on November 5th. Trade analysts are already speculating outlandish predictions about the price of Bitcoin. It has already reached unprecedented heights this week, with its value reaching $73,000. Both former President Donald Trump and his opponent, Vice President Kamala Harris, are doing their best to woo the crypto community ahead of the big day. An estimated 50 million U.S. voters own some form of cryptocurrency, and this…
Co-Optimus – Community Blog – Exploring Ethereum (ETH) and its impact on the gaming industry
Ethereum, among other cryptocurrencies, has long grown beyond the realm of finance, but is now expanding into a variety of areas where blockchain technology is breaking new ground, including gaming, one of the most dynamic sectors. We are moving forward to establish ourselves in the field. Co-Optimus is a platform that speaks loudly about cooperative gaming news and features, and explores how Ethereum and blockchain are changing gaming, especially multiplayer and cooperative play. 1. The role of Ethereum in decentralized gaming platforms The Ethereum blockchain has been at the heart of gaming platforms, including decentralized games, until recently. It gives…
Most of the euro zone's biggest economies expanded in the third quarter, avoiding a recession that even Germany was widely expected to endure.Growth accelerated in France and was stronger than expected in Spain. Germany's surprise 0.2% rise in gross domestic product caught analysts by surprise, but the statistics for the past three months have been revised down significantly.The weak spot was Italy, where production was unexpectedly flat.On the inflation front, separate data from Spain shows that consumer price inflation has accelerated slightly to 1.8%, but remains within the European Central Bank's 2% target.Wednesday's figures could allay some of the concerns…