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Cryptocurrency trading volume has plummeted to its lowest level in January. Bitcoin and Ethereum prices have fallen slightly, impacting market activity. The cryptocurrency market has shown significant stagnation, with trading volumes dropping to levels not seen since the beginning of the year. This economic downturn has been accompanied by a significant drop in the prices of major cryptocurrencies, including Bitcoin. [BTC] and Ethereum [ETH] They have decreased by 4.6% and 0.3%, respectively, over the past week. As of the latest data, Bitcoin is trading around $62,858 while Ethereum is trading around $3,141. On April 30th, market intelligence platform Santiment announced…
Eurozone stocks fell on Tuesday, weighed down by a strong euro as investors digested positive economic news, while London hit another all-time high on earnings-driven optimism.Frankfurt and Paris stocks fell, but the euro rose against the dollar, with figures showing the euro zone economy emerged from recession with subdued inflation in the first quarter.The euro then gave up its rise and began to fall. Meanwhile, London markets soared to a new high of 8,199.95 points, and HSBC soared more than 4% on a raft of share buybacks, despite a drop in first-quarter profits and the resignation of its chief executive.…
Eurozone stocks fell on Tuesday, weighed down by a strong euro as investors digested positive economic news, while Wall Street stocks fell on disappointing data.Frankfurt and Paris stocks fell, but the euro rose against the dollar, with figures showing the euro zone economy emerged from recession with subdued inflation in the first quarter. The euro then gave up its rise and began to fall.Meanwhile, London markets soared to a new high of 8,199.95 points, and HSBC soared more than 4% on a raft of share buybacks, despite a drop in first-quarter profits and the resignation of its chief executive. However,…
Eurozone stocks fell on Tuesday, weighed down by a strong euro as investors digested positive economic news, while Wall Street stocks fell on disappointing data.Frankfurt and Paris stocks fell, but the euro rose against the dollar, with figures showing the euro zone economy emerged from recession as inflation came under control in the first quarter. The euro then gave up its rise and began to fall.Meanwhile, the London market soared to a new high of 8,199.95 points, and HSBC soared more than 4% on a raft of share buybacks, despite a drop in first-quarter profits and the resignation of its…
Eurozone stocks fell on Tuesday, weighed down by a strong euro as investors digested positive economic news, while Wall Street stocks fell on disappointing data.Frankfurt and Paris stocks fell, but the euro rose against the dollar, with figures showing the euro zone economy emerged from recession with subdued inflation in the first quarter. The euro then gave up its rise and began to fall.Meanwhile, London markets soared to a new high of 8,199.95 points, and HSBC soared more than 4% on a raft of share buybacks, despite a drop in first-quarter profits and the resignation of its chief executive. However,…
The FTSE was higher on Tuesday while Wall Street stocks fell (Peter Morgan, Associated Press)The FTSE 100 (^FTSE) lost its gains by the end of the session on Tuesday, as Wall Street followed European stocks lower on the back of stronger-than-expected labour costs, indicating that the US economy faces persistent inflationary pressures.Traders were also digesting new growth figures and inflation data for the eurozone.Statistics body Eurostat said that the eurozone managed to escape recession, beating growth forecasts for the start of this year, with gross domestic product (GDP) across the single currency bloc expanding by 0.3% in the January to…
Six virtual asset spot ETFs were listed on the Hong Kong Stock Exchange today, and the market performance was overwhelming. By market close, the total volume of the first batch of Bitcoin and Ethereum spot ETFs launched in Hong Kong was only HK$87.58 million (US$11 million), with some ETFs trading below their opening prices. Ta. This performance is in sharp contrast to that of US Bitcoin ETFs, with first-day trading volume reaching US$4.6 billion across 11 spot Bitcoin ETFs, approximately 383 times the Hong Kong debut. Although the market had expected a subdued debut, the actual launch of Hong Kong's…
New EU figures released on Tuesday (April 30) beat analysts' expectations that the eurozone would emerge smoothly from recession in the first quarter of this year, while inflation data pushed the European Central Bank ( This indicates that expectations for a long-awaited interest rate cut by the ECB have increased. In June. eurostatThe EU's official statistics office reported that the single currency area grew at a quarterly rate of 0.3% in the first three months of this year, after declining by 0.1% in the last two quarters of 2023. A recession is technically defined as two. Consecutive quarters of negative…
staking farmLONDON, UK, April 30, 2024 (Globe Newswire) — staking farm, Ethereum’s leading liquid staking protocol, has achieved a milestone of surpassing 1 million cryptocurrency validators, underscoring its dominance in the staking industry. This important achievement not only highlights StainingFarm's robust capabilities; cryptocurrency staking sector, accounting for over 15% of all cryptocurrencies staked.“We are thrilled to announce that SakingFarm has reached over 1 million validators. This is a testament to the reliability, efficiency of our platform, and the trust the cryptocurrency community has in us. ” said Klajdi Toci, CEO of SakingFarm. “This milestone is more than just a numerical…
The euro sign is seen in Frankfurt, Germany on January 18, 2024. It snowed in Frankfurt on Thursday. (Xinhua/Zhang Fan)Tuesday's inflation data is likely to confirm the European Central Bank's (ECB) decision to cut interest rates in June.BRUSSELS, April 30 (Xinhua) – The euro zone economy grew modestly in the first quarter of this year, although economists cautioned against overstating the economic recovery.Both the euro zone and European Union (EU) economies expanded by 0.3% quarter-on-quarter in the first quarter of 2024, according to data released by European statistics agency Eurostat on Tuesday.Gross domestic product (GDP) decreased by 0.1% in the…