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Author Archives: Top News Editor

Crypto Weekly – Sept. 21

Cryptocurrencies started the week with losses as speculation of more trades by “whales”, as traders with big crypto holdings are known, and regulatory worries damped market sentiment. Bitcoin and peers recovered by Thursday as some positive news emerged. A prominent ...

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Cryptocurrency Daily Roundup – Sept. 21

Cryptocurrencies were trading higher Friday morning, extending their gains from a day earlier. Market sentiment was boosted by strong moves by the Ripple altcoin and the news of the US regulator seeking more input on a proposed Bitcoin ETF. Read ...

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UK Budget Deficit Widens As Govt Spending Rises

The UK budget deficit increased in August on higher expenditure amid subdued income growth, data from the Office for National Statistics showed Friday. Public sector net borrowing, excluding public sector banks, rose by GBP 2.4 billion from last year to ...

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Eurozone Private Sector Growth Weakens On Manufacturing

Eurozone private sector grew at the second-weakest pace since late-2016 as manufacturing growth was subdued by stagnating export orders, flash survey data from IHS Markit showed Friday. The composite output index fell to 54.2 in September, while the score was ...

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S&P Upgrades Australia’s Sovereign Rating Outlook

S&P Global Ratings raised Australia’s sovereign rating outlook as the agency expects the federal budget balance to return to surplus by early 2020s. The credit ratings of the nation was affirmed at ‘AAA’ and the outlook was revised up to ...

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Cryptocurrency Daily Roundup – Sept. 20

Bitcoin and its peers rebounded Thursday and were trading with gains, amid a broad improvement in market conditions. Overall cryptocurrency market capitalization recovered to above $200 billion. As of 10.50 am ET, cryptocurrency market cap was $203. 42 billion and ...

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