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Crypto Scammers Ripping-Off Billions with A Digital Pump-And-Dump

Billions are getting ripped off every year through different crypto scams. The way things are going gives us an idea that it will only get worse. Only recently, The biggest crypto heist on record appeared that seems like an old-fashioned scheme. At the beginning of this year, two brothers in South Africa announced that their …

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US Economy

U.S. Stocks Rose After June’s Fed Meeting Minutes Released

On Thursday morning in Asia, July 8, the U.S. stocks climbed as the Dow and S&P 500 closed at record highs after the Federal Reserve’s latest minutes. The sectors in Industrials, Basic Materials, and Utilities led the gains. At the close of the New York Stock Exchange, the Dow Jones Industrial Average, S&P 500, and …

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Tesla delivered 201,250 cars in Q2 of 2021

Tesla Delivered 201,250 Cars in Q2 of 2021

The giant carmaker Tesla announced that it delivered 201,250 vehicles in the second quarter of the year. The quarter’s deliveries dropped short of expectations. According to estimates compiled by FactSet, analysts were anticipating Tesla to deliver about 207,000 cars during this period. Shares of the carmaker were roughly flat in premarket trading Friday. The company produced …

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EUR/USD Wobbles, German Job Crisis

USD, EUR, GBP, AUD, and NZD’s moves Wednesday – Market Warp

Traders continued buying safe-haven dollars on Wednesday. As a result, the EUR/USD pair struggled. After soaring from the multi-month low near 1.1891 in the previous week, the common currency declined again while the dollar rallied. However, the pair managed to gain 0.05% today. It traded at 1.1902 at last. Meanwhile, the U.S. Dollar Index remained …

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The EUR/USD Pair Lowered on Monday. What about GBP/USD?

USD, EUR, GBP, JPY, AUD, CAD, and KWD – Technical Analysis

The Euro declined by 0.1% to $1.1923 on Monday, as it struggled to rebound to the $1.20 level. The EUR/USD pair mostly rallied during the last week. However, it seems, the common currency has run out of momentum late in the week. During a meeting on June 16th, the Federal Reserve’s officials made hawkish forecasts, …

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Bitcoin sank as China intensified crypto mining crackdown

Bitcoin Sank as China Intensified Crypto Mining Crackdown

On Monday, Bitcoin dropped low as China intensified its crackdown on cryptocurrency mining. According to data from Coin Metrics, on Monday morning, the world’s largest digital currency fell $31,766, dropping below $33,000 for the first time since the beginning of June. It was trading at $32,473 at 4:00 p.m. ET, down 9% on this day. …

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Wall Street

Wall Street Rallied as Dow Jones Touched Record High

On Monday, June 21, Wall Street recovered. It rallied as the benchmark Dow closed on its strongest session for over three months. In earlier weeks, investors flocked back to energy and other sectors, which should outperform as the economy recovers from the COVID-19 pandemic. US stocks ended higher as Oil & Gas, Financials, and Basic …

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