Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens

Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and 3M were also lackluster. Gold and silver prices were down between 0.43% and […]

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Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations

Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that “failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, the […]

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Central Bank Gold Demand Rose at the Fastest Pace in 55 Years, Analyst Says Silver Could Outperform Gold in 2023

According to a myriad of reports, the People’s Republic of China has been buying hoards of gold during the last year. Consequently, World Gold Council (WGC) statistics show the demand for gold by central banks has risen at the fastest pace in 55 years. Meanwhile, Wells Fargo’s head of real asset strategy, John LaForge, contends […]

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Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September

Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in SeptemberThe latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly increase since 1982. September’s CPI Data Was Worse […]

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Gold and Silver Prices Slide Lower Following US Jobs Report — Analyst Says Data Suggests ‘Market Bottom Is in Place’

Gold and Silver Prices Slide Lower Following US Jobs Report — Analyst Says Data Suggests 'Market Bottom Is in Place'On Friday, October 7, 2022, the precious metals gold and silver dropped in U.S. dollar value following the recent U.S. jobs report for September. The USD value of gold per troy ounce is awfully close to slipping below the $1,700 range, while the price of silver is teetering near the $20 threshold. Precious Metals Price […]

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Market Strategist Expects Stock Market to Drop 50% From Here, Says There’s ‘Going to Be No Middle Class Left’

Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid significantly in value. Over $240 billion was erased from the crypto market and the Crypto Fear and Greed Index continues to slide lower, edging toward “extreme fear.” Furthermore, the chief strategist at bubbatrading.com, Todd ‘Bubba’ […]

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Digital Token Issued In Russia to Facilitate Investments in Palladium

Digital Token Issued In Russia to Facilitate Investments in PalladiumTransactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital Token for Palladium The Russian unit of […]

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Here Is Why BigONE’s New VIP System Can Make the Most Out of Your Everyday Trading

Here Is Why BigONE's New VIP System Can Make the Most Out of Your Everyday TradingBigONE Exchange, one of the world’s safest crypto exchanges, has taken on a new sheen as it just launched a brand new VIP system that converts a user’s every engagement with the platform into his or her own benefits, be they discount on spot trading fees, reduction on leverage interests rates, or an increased referral […]

The post Here Is Why BigONE’s New VIP System Can Make the Most Out of Your Everyday Trading appeared first on Bitcoin News.

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Bitcoin Suisse: Users Can Now Trade Gold Against Bitcoin and Ethereum

Swiss crypto financial firm Bitcoin Suisse has added gold, silver, and platinum to its platform, allowing users to trade the precious metals against both bitcoin (BTC) and ether (ETH), as well as five other major fiat currencies. The precious metal trades are available for 24/7 trading with immediate cash settlement, the company announced on May […]

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PR: Introducing Blockchain to the Non – Digital World with Gambling Token RAcoin

Gambling Token RacoinRA Entertainment Inc. is one of the first companies in the world bringing the blockchain and its native cryptocurrency, RAcoin, to the non-digital business sector. Such an ambitious plan has every chance of becoming a revolutionary project, furthering the understanding of blockchain and its applications. RA Entertainment Inc. is currently building a luxury hotel and casino in Palau, a small nation of islands located in the Pacific Ocean. A real paradise, Palau is a perfect place to fully escape from the hustle and bustle of everyday life and spend an amazing time recharging and replenishing.

The post PR: Introducing Blockchain to the Non – Digital World with Gambling Token RAcoin appeared first on Bitcoin News.

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