What Does Lower Bitcoin-Ether Correlation Mean for Investments?
Bitcoin (BTC) and Ether (ETH), the leading cryptocurrencies by market capitalization, have long exhibited a strong price correlation, guiding investor expectations and strategies. However, this relationship is evolving, particularly following Ethereum’s Shanghai Upgrade (Shapella hard fork) in April 2023. This...
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Annual Inflation in the Euro Area Reaches 2% in October 2024
In October 2024, the annual inflation rate in the Euro Area accelerated to 2%, marking an increase from 1.7% in September. This was the lowest inflation rate recorded since April 2021, but the rise was expected and largely in line...
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Bitcoin ETF Options Trading Begins: A New Era for Crypto
The cryptocurrency market is entering an exciting new phase as options trading on BlackRock’s iShares Bitcoin Trust (IBIT) officially begins today on Nasdaq. Following closely, options for the Bitwise Bitcoin ETF (BITB) will launch on Wednesday, according to Bitwise Invest...
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Euro Area and EU Trade Surpluses Show Strong Growth in September 2024
In September 2024, the Euro Area recorded a notable increase in its trade surplus, which expanded to €12.5 billion, up from €9.8 billion in the same month of 2023. This positive trend exceeded market expectations, which had anticipated a surplus...
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Japan’s Machinery Orders Decline for Third Consecutive Month
Japan’s core machinery orders saw a continued decline in September 2024, signaling potential weaknesses in the country’s industrial sector. The orders, which exclude those for ships and electric power companies, dropped by 0.7% month-on-month to 852 billion yen, marking the...
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