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Important chart signals indicated by Bitcoin's moving averages
Bitcoin's price movements around $68.88K are drawing attention due to the alignment of the 50-month and 200-week moving averages, indicating a strong market trend. This pattern provides traders with reliable insights for decision-making.
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BTC3,34%
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Enrique Lores appointed as new CEO due to PayPal's poor performance, officially taking charge from March 1
PayPal is experiencing significant challenges, marked by poor financial results and falling stock prices due to stagnant retail spending in the U.S. and increased international competition. A new CEO, Enrique Lores, is expected to introduce strategies to revitalize the company.
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The Central Bank of Brazil unanimously decides to keep interest rates unchanged, indicating a shift towards a rate cut cycle
The Brazilian Central Bank hints at a significant shift in monetary policy, maintaining restrictive interest rates unanimously. This decision suggests a potential future interest rate cut, reflecting a commitment to economic stability and growth amid inflation pressures. The timing of any rate cuts will depend on upcoming economic data.
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The S&P 500's EPS growth rate has expanded to 12.1%, marking five consecutive quarters of double-digit growth.
The S&P 500's EPS growth rate expanded by 12.1% in Q4, driven by positive surprises. FactSet's analysis reveals multi-faceted growth through sector performance and AI's rising role in earnings, indicating a supportive outlook for 2026.
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In the morning session in India, a rally was observed, with the Indian Rupee appreciating due to the US-India trade agreement.
On February 3, the announcement of a US-India trade agreement strengthened the Indian rupee against the dollar, signaling positive market sentiment. Trump’s decision to reduce tariffs on India from their previous level to 18% is seen as a significant turning point in bilateral trade relations, improving investor confidence and supporting India’s export industries.
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Is there a red flag in the American job market? The rising trend of the unemployment rate is becoming clear.
FactSet's latest statistics reveal unexpected worsening in U.S. unemployment, indicating increasing challenges in the labor market. The trend affects various sectors and poses risks to economic growth, leading experts to call for attention from policymakers.
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Top 10 Recommended Scrubs to Eliminate Roughness and Texture | Truly Effective Items Discovered Through Actual Testing
Exfoliating scrubs that aim to remove dead skin and achieve smooth, silky skin are sold by many brands, offering a wide range of options. From classic products like Sabon to specialty brands such as Aesop and Lush, as well as easily accessible items at drugstores, there is a broad price range. On the other hand, many people have questions like "Will it really improve darkening on elbows and knees?" and "How much difference do product effects actually make?" In this article, we conduct actual measurements and tests on 29 popular products, including best-selling scrubs from well-known manufacturers, and compare them thoroughly across six evaluation points. We then recommend the top 10 products as a ranking.
What the actual data from all 29 best-selling scrubs reveals
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[Complete Guide] Recommended Popular Mattress Topper Products by Use Case
Your daily sleep quality is greatly influenced by the bedding you use. If you're not satisfied with your current futon or mattress, it may be worth considering the addition of a mattress topper. Also known as overlay mattresses or mattress pads, these items are a practical solution that can dramatically improve your sleep comfort simply by layering them on top of your existing bedding.
However, choosing the right product can be complicated due to preferences for firmness, variations in thickness, and differences in material functionality. From Nitori and Nishikawa to well-known overseas brands, the market is filled with many recommended mattress toppers, making it difficult to determine which product best suits your needs.
In this article, we will review multiple bedding brands.
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Steve Hanke Warns of Bitcoin's Fundamental Issues
Renowned economist Steve Hanke describes Bitcoin as "fool's gold" and points out its lack of a store of value function. He argues that Bitcoin relies on speculation and has no substantial economic value, highlighting its issues when compared to traditional assets like gold.
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Pi Network Faces Suspected Pyramid Scheme Crime: Legal Warning from Lawyers
Following a July 2023 warning from the police in Hengyang, China, regarding the potential risks of Pi Network, legal scrutiny has increased. Concerns about its business model resembling a pyramid scheme highlight potential severe legal consequences for participants.
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How much is 40,000 USD in Japanese Yen? The basics of exchange rates you should know for cryptocurrency investing
Understanding the conversion of $40,000 to Japanese yen is crucial for Japanese investors in cryptocurrencies. Exchange rates fluctuate constantly, impacting investment decisions significantly. Investors must grasp the dynamics between the dollar and yen to optimize their strategies.
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Steve Hanke Warns of Bitcoin's Fundamental Issues
Economist Steve Hanke critiques Bitcoin's shortcomings, emphasizing its lack of intrinsic value compared to gold. He warns that Bitcoin's price is driven by speculation, not economic fundamentals, and urges caution for investors considering it as a stable asset.
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BTC3,34%
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Confirmation of Market Holiday Schedule Due to American Holidays
The essay discusses the significant impact of Martin Luther King Jr. Day on the U.S. financial markets, emphasizing the market closures and shortened trading hours. Investors are advised to prepare for these changes to adjust their trading plans accordingly.
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William Panzera was sentenced to 12 years in prison for involvement in international drug smuggling using Bitcoin as an intermediary. Between 2014 and 2020, over a ton of synthetic opioids and fentanyl were transported from China to New Jersey, and Panzera paid Chinese suppliers in Bitcoin during the process. This case exemplifies how digital assets are being utilized within large-scale illegal drug networks. The pseudonymous nature of cryptocurrencies makes them difficult to trace, which criminals like William exploit, highlighting the increasing challenges faced by law enforcement agencies.
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Bitcoin lags behind gold—cryptocurrencies retreat due to yen appreciation and capital outflows
The cryptocurrency market faces significant challenges due to the yen's appreciation and capital outflows, with investors shifting from risk assets like Bitcoin to safer assets such as gold. Key market indicators suggest a potential shift in capital flow dynamics.
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Current status of gold price forecasts: projections from now until January 2026 and the developments over the next ten years
Entering 2026, we are at a period where the accuracy of gold price forecasts is being scrutinized more than ever before. How much of past predictions have materialized, and where are we headed in the next 10 years? It is necessary to examine these questions from the current perspective and organize a forward-looking outlook toward 2030.
From institutional investors to individual investors, the reason for the growing attention to gold price forecasts is the increasing need for asset protection in an inflationary environment. The gold price in 2024 was initially expected to be around $2,600, but in reality, it fluctuated within the range of $2,200 to $2,555, reaching the target by August. This achievement not only signifies an improvement in the accuracy of gold price forecasts but also enhances confidence in long-term scenarios extending over the next 10 years.
What Past Predictions Have Proven – Bullish
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The 'For You' algorithm on the X platform changes the connectivity of accounts it reaches
Nick Carter of Castle Island Ventures highlights how the new X platform algorithm impacts creator-audience relationships, emphasizing the challenges of diminished reach for creators and unpredictability for users in receiving desired content. Future discussions will focus on algorithm transparency, creators' rights to reach, and users' rights to content from followed accounts.
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Tether-backed Stable Blockchain to Upgrade to Mainnet 1.2.0 on February 4
Stable, a layer 1 blockchain backed by Tether (USDT), announced that its mainnet will be upgraded to version 1.2.0 on February 4. According to PANews, this update is expected to include several significant improvements.
The most notable change is the native gas system. The current wrap/unwrap process will be discontinued, allowing USDT to be used directly as gas fees. This will enable users to access the network without undergoing complex conversion processes, significantly improving convenience.
At the same time, Stable
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The spot ETF market dominated by speculative investments: Market turbulence caused by Trump's policies
Recent data on spot ETFs reveals that speculative investors significantly influence market volatility, as demonstrated by weaker-than-expected purchasing patterns. Despite short-term price fluctuations, the underlying speculative behavior persists, leading to potential rapid sell-offs amidst any negative developments.
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