Denmark’s Tax Council has made the headlines by recommending a bold bill that proposes a hefty 42% of…

Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization, experienced sharp price drops on October 24, signaling potential market turbulence. After showing signs of slowing momentum since October 21, Bitcoin fell from its recent high of $69,500 to a low of $65,260. Ethereum mirrored this downward trend, slipping from $2,770 t

Vilnius, Lithuanian, October 24th, 2024, Chainwire BingX, a global leading cryptocurrency exchange, has fully restored its operational capacity following a recent hot wallet incident, with all deposits and withdrawals back to normal. In response to the event, BingX is unveiling its new “ShieldX” initiative, a comprehensive plan aimed at enhancing t

MIAMI, FL, October 24, 2024 – Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, will host a conference call and webinar on Wednesday, November 13, 2024 to review third quarter 2024 results. Who: Analysts, [&hel

The recent increase in the appeal of spot Bitcoin exchange-traded funds (ETFs) in the United States has temporarily ceased. On Tuesday, these funds underwent a reversal, resulting in net outflows of $79.01 million, following an extraordinary seven-day streak of positive inflows. Farside Investors are the source of this data, a company that speciali

Lately, the most talked about topic is whether gold or Bitcoin is a greater store of wealth. Investors in modern day and age compare the two on the basis of accessibility, stability, and security of wealth in unpredictable times. Source: […] The post Bitcoin vs. Gold: The Store of Value Compared appeared first on Coinbackyard.

At the BRICS Summit 2024 in Kazan, Russia, a key topic emerged: de-dollarization through cryptocurrency. Leaders of Russia, China, and Iran emphasized the use of digital platforms for payments, aiming to reduce reliance on the US dollar. Source: https://www.cfr.org/backgrounder/what-brics-group-and-why-it-expanding The […] The post BRICS 2024 Summi

Today, Germany’s PMI data was released, according to Forex Factory:→ German Flash Manufacturing PMI: actual = 42.6, expected = 40.7, previous = 40.6;→ German Flash Services PMI: actual = 51.4, expected = 50.6, previous = 50.6. The DAX 40 index (Germany 40 mini on FXOpen) showed a slight intraday increase, which could be viewed positively, [&h

The Purchasing Managers’ Index (PMI) is a widely watched economic indicator that helps traders assess the overall health of the economy via an early snapshot of business activity. Traders often use this data to analyse potential market movements across different asset classes, from equities to forex. In this article, we’ll explore what the PMI is,

As shown by Tesla’s stock chart, trading closed below $213.50 yesterday. However, following the main trading session, the company reported its third-quarter earnings: → Earnings per share (EPS): actual = $0.72, expected = $0.59→ Gross revenue: actual = $25.46 billion, expected = $25.18 billion Additionally, Tesla forecasted a sharp increase i