New Zealand posted a seasonally adjusted current account deficit of NZ$7.2 billion in the second quarter of 2024, Statistics New Zealand said on Wednesday. The current account deficit for the year ended 30 June 2024 was NZ$27.8 billion (6.7 percent of gross domestic product (GDP)). As at 30 June 2024, New Zealands net international investment...
German stocks were little changed on Wednesday as investors awaited the release of euro area final inflation numbers, followed by the much-anticipated Federal Reserves decision on interest rates later in the day. The U.S. central bank is likely to deliver the first cut to interest rates in more than four years but there is a...
French stocks were a tad lower on Wednesday after strong U.S. retail sales data released overnight dampened expectations of large rate cuts by the Federal Reserve. The release of euro area final inflation numbers as well as the much-anticipated Federal Reserves decision on interest rates may influence trading sentiment as the day progresses. The benchmark...
U.K. stocks traded lower on Wednesday as investors weighed the latest inflation data. The U.K. headline consumer inflation gained 2.2 percent from a year ago in August, the same rate as seen in July, the Office for National Statistics reported. However, price growth in the services sector picked up, cementing expectations that the Bank of...
European stocks fell from a two-week high on Wednesday as investors reacted to the latest euro zone and U.K. inflation data. Eurostat confirmed that the euro area annual inflation rate was 2.2 percent in August 2024, down from 2.6 percent in July. The U.K. headline consumer inflation gained 2.2 percent from a year ago in...
Solomon explained that the data generated from a user’s car is recorded off-chain. This includes the speed, location, and other information generated over time. Users are then able to share that data with Dimo if they choose to do so, earning tokens as an incentive. “The Dimo token is live, and anyone who connects their...
Six of these coins, Chun told the outlet, were airdrops to EOS coin holders, while three others were airdropped to XRP owners. “[We] sold everything that could be sold. [We] are left with only small amounts of [dust] that cannot be traded.” Chun Ha-ram, New Reform Party Lawmaker Bitcoin Sell-off The media outlet also gave...
Canaan is known in the crypto world as a major producer of ASIC Bitcoin (BTC) mining hardware. Under Argentinian law, only permit-holding companies may import dedicated crypto mining rigs. Officers also published photos of armed officers standing in front of what appears to be a clothing store. This may suggest that the ring may have...
Initially, the Deposit Token PoC will focus on two use cases: simple payments between participating banks and delivery versus payment transactions with escrow functions. A successful PoC, according to the Swiss Bankers Association, could pave the way for the widespread adoption of a digital Swiss franc, offering several benefits such as faster and cheaper transactions,...
This sentiment echoed previous comments by CryptoQuant CEO Ki Young Ju, who noted that past post-halving rallies have typically started in the fourth quarter of each halving year. In the last #Bitcoin halving cycle, the bull rally began in Q4. Whales won't let Q4 be boring with a flat YoY performance. pic.twitter.com/LIWH53OpkD — Ki Young...