Author: Muhammad Demir
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New Hampshire Victory Boosts Trump’s Chances of Facing Biden Again
Trump beats Haley in New Hampshire, moves closer to Biden rematch. Former President Donald Trump won the New Hampshire primary on Tuesday, defeating his main rival, former South Carolina Gov. Nikki Haley, who had hoped to challenge him for the 2024 Republican nomination. The win brings Trump closer to a second face-off with President Biden…
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Oil Climbed Up 1% On Massive US Crude Withdrawal And China Stimulus
US West Texas Intermediate crude (WTI) concluded at $75.09, up 1.0% with a 72-cent increase, while Brent crude futures rose 0.6%, gaining 49 cents to settle at $80.04 per barrel. Both prices were more significant than the prior closing price. Beginning February 5, the People’s Bank of China (PBOC) announced that the minimum reserve amount…
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Direxion joins Bitcoin ETF rivals offering leveraged products
Following the launch of the first spot bitcoin exchange-traded funds (ETFs), financial institutions are working toward the goal of offering specialized fund options, including leveraged and inverse options, to support investors who are interested in capitalizing on the volatility in the cryptocurrency market. To create five leveraged and inverse leveraged spot bitcoin funds, Direxion, an…
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Meta left crypto in 2022. Maxine Waters wonders why the firm keeps patenting it.
After the Patent and Trademark Office approved one of Meta’s ideas for digital currency software, Congresswoman Maxine Waters (D-Calif.) did something. She wrote a letter to Meta’s CEO Mark Zuckerberg and COO Javier Olivan on January 22 in which she expressed concern about the company’s recent actions in the cryptocurrency area. The letter, which came…
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Reasons for Today’s Drop in Bitcoin, Dogecoin, and Etherium
As buyers tried to figure out what would happen after all the money came into the cryptocurrency market, there was a big drop in the value of cryptocurrencies on Tuesday. After the US Securities and Exchange Commission (SEC) approved the first spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) on January 10, 2024, this change in…
