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LONDON (ICIS) – Eurozone industrial sector momentum moved further into contractionary territory in April, as new orders fell at the sharpest pace in 2024, hitting a four-month low. The Eurozone Manufacturing Purchasing Managers' Business Condition Index in April rose from 44.4 in December to 46.6 in January, and then fell to 45.7 in April compared to 46.1 in March, marking the third consecutive month of decline. Ta. The figures represent the 22nd consecutive month of economic decline for the sector, driven by continued weakness in Germany, Austria, France and Italy, offset by strong growth in Greece and Spain. A PMI…
Bitcoin (BTC) has long been considered a volatile asset, but its volatility has declined and will continue to decline as the cryptocurrency matures, Fidelity Digital Assets said in a study on Wednesday. stated in the report.Analyst Zach Wainwright writes that “new assets typically take time to undergo price discovery, mature, and settle into lower volatility,” adding that when the U.S. abandoned the gold standard in the 1970s, gold He pointed out that even the market showed high volatility.Bitcoin is already showing signs of maturity in its 15 years of existence, with volatility hitting record lows on an annual scale, the…
Monero airdrops serve as a cutting-edge marketing strategy, capturing the attention of the blockchain community by distributing free tokens directly to wallets. This method is more than just generous. This is a strategic move to foster broader awareness and adoption of new blockchain ventures. 1. By leveraging the appeal of “free,” airdrops act as a catalyst for increased engagement and promotion within the realm of digital currencies, especially as more and more questions are asked, “What is an airdrop?” Masu. Relevant to enthusiasts and beginners alike.To successfully claim your Monero airdrop, please follow these important steps:Visit the Airdrop websiteConnect your…
Ethereum (ETH) is no exception, as much of the cryptocurrency market has begun to recover from the recent bearish hiccup, but artificial intelligence (AI) algorithms are currently showing signs that this recovery will be a bullish move for the crypto asset in the coming years. I haven't considered it a sign for a few weeks. In fact, the second-largest crypto asset by market capitalization lost over 3,000 yen earlier this week after trading above that level for about two months after recording its most active day on the network in at least a year. It is slowly recovering to regain…
Dividend stocks with strong balance sheets and high yields can provide investors with stable income, cushion market downturns, and help their investments grow steadily.Top dividend payers in April 2024 include Portuguese oil and gas company Galp Energia (GALP), French metals and mining company Eramet (ERA), and Spanish bank Banco de Sabadell (SAB). Ta. To find the 10 best-performing income-focused stocks of the month, we compared the Morningstar Eurozone Index, which measures the performance of the eurozone's broad regional market with the top 97% of stocks by market capitalization, to future dividends. We screened companies with yields of 20 million yen…
what's happening?Spain's manufacturing sector experienced a strong rise in April, with the HCOB Purchasing Managers' Index (PMI) rising to 52.2 from 51.4 in March. This growth is the most significant in this sector the country has seen in nearly two years.What does this mean?Spain's recent manufacturing surge is a highlight of the country's broader economic acceleration. According to data from the National Institute for Statistics (INE), GDP growth in the first quarter was 0.7%, slightly above the eurozone average of 0.3%. Hamburg Commercial Bank points out that Spain stands out in the euro area, showing a strong recovery in manufacturing…
We do the research so you can get the alpha!Get exclusive reports and access key insights on airdrops, NFTs, and more! Subscribe to Alpha Report now and get ahead of the game!Go to alpha reportBitcoin and Ethereum After opening yesterday morning nearly 10% lower than Tuesday, it has rebounded.At the time of writing, Bitcoin price is around $57,700, having recovered 0.5% in the past 24 hours. And Ethereum's price is currently trading just below $3,000 after rising 2.3% over the past day, according to data from CoinGecko.However, the damage still remains. According to CoinGlass, an additional $193 million worth of…
Yesterday, zkSync, a well-known zkrollup developer on the Ethereum blockchain, announced a partnership with crypto developer platform Alchemy. This news brings new capabilities to the crypto ecosystem, expanding Layer 2 and connectivity with the rest of the Web3 world. Meanwhile, the former zkSync engineer decided to launch his own project Sophone, a hyperchain focused on the entertainment sector, and started selling a series of validator nodes. Let's find out more below. Ethereum’s zkRollup Solution Lands on Web3 Development Platform Alchemy: Advances in the zkSync Crypto Ecosystem Yesterday, Matter Labs, the company behind the development of Ethereum zkSync zkrollup layer 2,…
Armand Sirignan After this recovery, XRP could be more powerful than many think Read U.TODAY google news Recent trading activity suggests that XRP may be gearing up for a reversal in the market. The asset has recently seen a significant rebound, pushing the price close to the $0.57 mark. This recovery is underpinned by a significant increase in trading volume, suggesting increased interest from buyers and could set the stage for a bullish market rally.Currently, XRP's price fluctuation is outpacing other digital assets, indicating its strong position in the market. This development is significant as it reflects the strength of…
After the spectacular fall of FTX CEO Sam Bankman-Fried, you might have expected the embattled cryptocurrency sector, and its sophisticated lobbying operations, to have ground to a halt. But if anything, both are back with a vengeance—and the regulatory post-SBF crackdown that followed has spurred the sector to potentially become a major political force in 2024. A new, unholy alliance has emerged on Capitol Hill, and it’s hoping not just to recraft governmental policy around digital funny money but to push its antiregulatory agenda across a whole host of elections. To do so, the crypto industry is teaming up with…