The Cannes Film Festival’s Marché du Film is gearing up for a 6% hike in attendance with numbers expected to hit close to 15,000 participants, according to projections revealed by Executive Director Guillaume Esmiol in the run-up to its opening on May 14. “We’ll only have the exact number at …
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TL;DR: NuggetRush is fast becoming a compelling alternative to Dogecoin The NuggetRush presale is gearing up for the second round, which will result in a 20% price hike. The meme frenzy appears to have begun, and investors have been accumulating their favorite memecoins. A lot of investors are considering popular …
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The cryptocurrency known as Injective (INJ) has exhibited a remarkable increase in price, exceeding 900% since the commencement of the year, even in the face of a general downward trend in the digital currency market. The price of INJ has remained unaffected by the extensive consolidation observed in the cryptocurrency market …
Read More »The Bank of England has halted its 14 consecutive interest rate hikes, keeping rates at 5.25% due to moderating inflation. Despite this, the economy remains precarious. The Bank of England has decided to end a streak of 14 consecutive interest rate hikes, keeping them at 5.25%, following data showing a …
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High energy prices can have a cascading effect on other sectors of the economy, contributing to the overall rise in consumer prices. The European Central Bank (ECB) has announced its 10th consecutive hike in its main interest rate. This decision has catapulted the Central Bank’s main deposit facility rate from …
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DeFi lending protocol, Abracadabra Money, is currently debating a proposal to boost the interest rate in its CRV lending markets as it looks to mitigate its exposure to the DeFi token. In the last few days, CRV has seen its value decline significantly due to the recent Curve Finance exploit …
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As the global economy continues to recover from the COVID-19 pandemic, the Eurozone is facing increasing chances of inflationary pressures. In a bid to address the persistent challenge of inflation, the European Central Bank (ECB) recently took a significant step by announcing a 25 basis points rate hike, raising its …
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The US central bank chairman Jerome Powell has stated that there would be two more rate hikes in 2023. Bank of America expects these hikes to come in July and September. On Wednesday, June 14, the US Federal Reserve (Fed) decided to put a pause on its unprecedented rate hike …
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Bitcoin (BTC) traded back below $27,000 on May 19 as analysis flagged large-volume trades pressuring price. BTC/USD 1-day candle chart on Bitstamp. Source: TradingView Inflation specter haunts crypto markets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $26,380 on Bitstamp. A modest recovery then took the …
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Bitcoin bears have gained control over the last few weeks, at least in the short term, and the battle seems to be on. After Bitcoin failed again at the $30,000 level on Sunday as part of a “weekend pump,” the bears are pushing towards $27,000. As of press time, Bitcoin …
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The cryptocurrency space rejoiced recently when several large US banks halted services, and the FDIC, as well as other regulators, had to intervene to stop the contagion. However, the crisis expanded to Europe this week, with two of the most prominent names facing significant problems. Credit Suisse was acquired by …
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Thursday’s price pump in crypto comes following a rally in US equities as markets choose to look beyond the Fed rate hikes. It seems that the crypto market has finally decided to look past the traditional market and chart its own trajectory. Earlier this week, the Federal Reserve announced a …
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