Dormant Bitcoin Wallets Come Back to Life: A Look at Their Impact
In a surprising turn of events, some of Bitcoin’s oldest and long-inactive wallets, known as dormant Bitcoin wallets, have become active. They are moving millions of dollars worth of cryptocurrency. These movements highlight the enduring relevance of Bitcoin as an...
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CBI Survey Reveals Improved Manufacturing Orders in November
The Confederation of British Industry (CBI) reported an improvement in its monthly net balance of new manufacturing orders, which rose to -19 in November 2024 from -27 in October. This exceeded market expectations of -25 and marked a modest recovery....
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An Unprecedented Storm Looms Over Bitcoin!
Bitcoin has long been a symbol of innovation and volatility in financial markets, and as a storm looms over Bitcoin, it stands at the cusp of a transformative era, driven by groundbreaking developments like the launch of Bitcoin ETFs and...
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UK Inflation Jumps to 2.3% in October 2024
The UK’s annual inflation rate rose to 2.3% in October 2024, marking its highest level in six months. This increase, up from 1.7% in September, surpassed both the Bank of England’s target and market expectations of 2.2%. The inflationary pressure...
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Germany’s Producer Prices Decline for 16th Consecutive Month in October 2024
Germany’s producer prices continued their downward trend in October 2024, falling by 1.1% year-on-year. This marked the 16th consecutive month of deflation in the producer price index, although the decline was slightly smaller than the 1.4% drop recorded in September....
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