18 Sep 2024 - 11:00am (GMT +1)Previous: 2.2%Becslés: 712K Source: forexfactory.com Previous data Impact on markets A general market effect that is constantly changing depending on the current economic environment. Summary - Analysis Long term trend of data: Consolidation Most expected effect: Forex ( EXY ), EU Stocks If new data is higher than previous: Positive ( Forex:EXY ), Negative ( EU Stocks ) If new data is lower than previous: Negative ( Forex:EXY ), Neutral ( EU Stocks ) Effect-balancing with other data: Yes More on TOTM PROConclusion Conclusions based on the new data will be included in the TOTM PRO level live stream announcements every Monday and Thursday.

The number of paid employees in the UK fell by 6,000 between June and July 2024, but rose by 203,000 between July 2023 and July 2024. Early estimates for August 2024 show that the number of paid employees fell by 59,000 per month, but increased by 122,000 year-on-year to 30.3 million. The August 2024 data should be treated as a preliminary estimate, which is expected to be revised in the light of further information coming in next month.

NewsThe developers of Friend.Tech, a platform that saw immense success last year, have relinquished control over the protocol's smart contracts, effectively halting any future changes. Currently, fees generated from smart contracts and the website no longer flow to the developers' wallets. While the platform still appears to function, the withdrawal of governance makes the implementation of new features unlikely.Fractal Bitcoin has launched its mainnet, offering a new Bitcoin scaling solution that builds on the core codebase. Backed by the wallet provider Unisat, the project aims to differentiate itself from other Bitcoin sidechains by focusing on Bitcoin-native constructs rather than relying on EVM compatibility.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false"...

News "Decades of scientific evidence prove that keeping tobacco products away from young people is critical to reducing the number of people who eventually become addicted to these products," said Brian King, director of the FDA's Center for Tobacco Products. The US Food and Drug Administration has required more people to show photo ID when buying tobacco products, as the health regulator has increased the age verification requirement by three years.As part of a rule finalized by the agency on Thursday, the FDA will now require retailers to verify the age of people under 30 when they buy tobacco products, up from 27. The FDA also said that retailers will not be allowed to sell tobacco products through vending machines in places where persons under 21 are present or where persons under 21 may enter, up from 18. Philip Morris International Inc. is an American multinational tobacco company whose products are sold in more than 180 countries. The company's best known and best selling product is Marlboro. Philip Morris International is often referred to as one of the companies that make up Big Tobacco, and its share price is currently at a new high and is currently in positive territory, but regulation may affect sales.The United States has cracked down on the use of tobacco products in recent years to reduce the number of preventable deaths from smoking and other products, and to stop the use of e-cigarettes by minors.In 2019, the FDA raised the minimum age for smoking from 18 to 21. According to the American Lung Association, smoking causes more than 480,000 deaths in the United States each year, making it the leading preventable cause of death in the country.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px"...

China's CPI inflation accelerated in August, although only a slight increase was observed compared to July. In contrast, producer price index inflation fell at the fastest pace in four months. According to data released by the National Bureau of Statistics on Monday, the consumer price index, the main measure of inflation, rose 0.6% year-on-year, above the forecast of 0.6% and slightly higher than the 0.5% increase in July. On a monthly basis, inflation was 0.4%, a slight deviation from the 0.5% expected and the 0.5% recorded in July.

NewsDeFi protocol Synthetix has announced the launch of its SNAXchain application chain, built on the Optimism Superchain infrastructure. SNAXchain will serve as a neutral hub for governance and protocol decision-making. To manage the network's infrastructure, Synthetix has partnered with Conduit and Wormhole, enabling cross-chain messaging between SNAXchain, Optimism, and the Ethereum mainnet.Roblox Corporation has announced two major updates: developers can now offer paid games for purchase in fiat currency, expanding payment options beyond Robux tokens. Additionally, Roblox has partnered with Shopify, allowing players to purchase physical goods within games, further enhancing the in-game economy.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false"...

NewsAccording to cybersecurity company McAfee, a new Android virus named SpyAgent is capable of stealing private keys stored in screenshots and images on a smartphone’s internal storage. The malware is spread through malicious links sent via text messages. These fake apps disguise themselves as banking, government, or streaming service applications. The virus activates once the infected software is downloaded.U.S. asset manager WisdomTree Investments has announced the withdrawal of its application to register an Ethereum Trust. The company, known for its presence in digital assets, had initially aimed to offer investors easier access to Ethereum through the trust. This decision coincides with VanEck's announcement to close and liquidate its Ethereum futures ETF (EFUT). These withdrawals suggest potential regulatory challenges or market uncertainties surrounding Ethereum-based products in the U.S.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||"...

NewsThe EigenLayer restaking platform has announced plans to distribute 86 million EIGEN tokens as part of its second stakedrop round. The allocation will be given to various participants, including stakers, node operators, ecosystem partners, and community members who were active between March 15 and August 15. The distributed tokens will represent approximately 5% of the fully diluted supply.At the large-scale Burning Man event in Nevada, the webcast team used the Livepeer decentralized video streaming project for live broadcasting. The team found that Livepeer offered a more reliable and cost-effective solution compared to traditional cloud providers. By using Livepeer Studio’s decentralized video infrastructure, they were able to provide a seamless stream of the event to a global audience.Three of Japan's megabanks—MUFG, SMBC, and Mizuho—are set to test an international stablecoin transfer platform aimed at facilitating faster cross-border settlements for businesses. The project will be operated by blockchain startup Progmat, in collaboration with Datachain and TOKI, to test cross-chain transactions. The platform will utilize the existing SWIFT API framework for integration.Sonic SVM, a gaming project on the Solana blockchain, has announced the development of its own framework, HyperGrid. To fund this initiative, Sonic plans to leverage the growing fundraising method of node sales. The sale of HyperFuse nodes is scheduled to begin in mid-September.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px"...

Seasonally adjusted GDP in both the euro area and the European Union rose by 0.2% in the second quarter of 2024 compared with the previous quarter, Eurostat, the EU's statistical office, estimates. This represents a slower pace of growth compared with the 0.3% expansion in the first quarter of 2024. On an annual basis, GDP grew by 0.6% in the euro area and by 0.8% in the EU in the second quarter of 2024, compared with 0.5% and 0.7% respectively in the previous quarter.

NewsThe Future Forward Political Action Committee (PAC) has partnered with Coinbase Commerce to accept crypto donations in support of Kamala Harris's vice-presidential campaign. Future Forward is one of the leading Democrat-aligned PACs, having raised approximately $164 million to date.Bitcoin infrastructure developer Blockstream has announced the launch of the third series of its security token, Blockstream Mining Note 2 (BMN2). BMN2 is an EU-compliant security token that provides exposure to Bitcoin hash rate generated by Blockstream's mining facilities, offered in collaboration with Luxembourg-based virtual asset provider STOKR.Mercuryo, a crypto payment infrastructure platform, has launched its Spend service in Europe, allowing users to create virtual debit Mastercard cards linked to their crypto wallets, integrated with Apple Pay or Google Pay. The card service supports 40 cryptocurrencies for payments across more than 100 million merchants in the Mastercard network.Global travel marketplace Skyscanner has integrated with blockchain-based Travala, enabling hotel bookings in over 100 cryptocurrencies. Travala’s inventory spans more than 2.2 million hotels across 230 countries, with 110 million monthly visitors. This integration gives Travala the opportunity to compete alongside major travel agencies like Expedia and Booking.com.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)"...

August saw a significant recovery in the US services sector, where business activity rose at a pace not seen in nearly two and a half years, thanks to a strong inflow of new orders. However, there is concern that employment fell after two months of job creation. On the cost side, higher supplier prices and rising wages continued to exert significant pressure, leading to a steady increase in input costs. Nevertheless, sales price inflation has fallen to a seven-month low.

According to the August ADP® National Employment Report™, a collaboration between ADP Research and the Stanford Digital Economy Lab ("Stanford Lab"), the private sector added 99,000 jobs in August, althoughthe figure is down from the previous month. According to the report, annual wages increased 4.8% year-over-year. The ADP National Employment Report is an independent measure that provides a comprehensive picture of the private sector labor market based on anonymized payroll data for more than 25 million U.S. workers.

NewsNew details have emerged about World Liberty Financial, the crypto project linked to Donald Trump. According to the whitepaper, the project will be built on the Aave decentralized finance platform and the Ethereum blockchain. It will feature a non-transferable WLFI governance token and a lending protocol.The Penpie DeFi protocol, built on the tokenized yield platform Pendle, suffered a hacker attack, resulting in approximately $27 million in damages. The hacker stole various types of staked ETH, Ethena sUSDE, and wUSDC from the protocol, later converting them to ETH. Following the exploit, Penpie's token, PNP, collapsed.Samsung Next, the investment arm of the South Korean tech giant Samsung, announced an investment in Startale Labs. Startale Labs is developing the Sony Soneium blockchain in collaboration with the Japanese giant Sony. Startale Labs offers services including Astar Network, Soneium, and Startale Cloud Services. Samsung recognizes the effectiveness of the company's solutions in the realm of Web3 technologies.The Elixir modular blockchain project has announced the launch of its v3 testnet, the final version before the mainnet launch. Users can now run verification nodes to ensure the network's security. In July, Elixir also launched a decentralized synthetic U.S. dollar asset, deUSD.Shayne Coplan, CEO of Polymarket, announced that the Bloomberg Terminal has officially integrated Polymarket, the world's largest decentralized prediction market platform. This marks Polymarket's entry into mainstream news and financial sectors.Polygon developers have announced the migration of MATIC tokens to POL. POL is now the new ticker symbol for the native gas and staking token on the Polygon PoS chain. It retains MATIC’s existing tokenomics and the total supply of 10 billion tokens. This transition is a key part of Polygon’s development into a ZK chain and its integration with AggLayer.Leading crypto broker Binance has appointed Grant...

In August, the euro area's private sector grew at its fastest pace since May, helped mainly by a more dynamic recovery in the services sector. This represents a run of six consecutive months of growth, the longest such streak in more than two years. At the same time, surveys have highlighted the vulnerability of the euro area economy as new orders, employment and business confidence have fallen. On the positive side, however, the August data showed a moderation in cost pressures, with input prices rising at their slowest pace so far in 2024, broadly in line with the pre-pandemic average.

NewsAfter Elon Musk refused to name X's legal representation in Brazil, leading to the platform being banned in the country, Bluesky Social (Bsky), an American decentralized microblogging social platform, gained one million new users. Bluesky is based in the United States and is owned by Jay Graber. It was announced by Jack Dorsey in 2019 and opened to the public in February 2024. Since then, it has boasted over 7.6 million users.During a presentation at the Korean Blockchain Week, Ripple Labs announced that it would soon introduce smart contracts to the XRP Ledger Mainnet, bringing new functionalities to the network for NFTs, AMMs, and decentralized exchanges (DEX). Additionally, they plan to launch an XRPL EVM Sidechain in the coming months to build a versatile ecosystem and announced partnerships with Futureverse AI and Metaverse companies to integrate Ripple Custody.The company behind ZKsync, Matter Labs, has announced that it will be laying off 16% of its workforce, amounting to 24 employees. The decision was made in the interest of efficiency, as part of transitioning to the next phase of decentralization and defining the appropriate roles within the company.Web3 security company Hypernative, which helps identify and prevent hacker attacks, has raised $16 million in a Series A funding round led by Quantstamp. Other supporters included Bloccelerate VC, Boldstart Ventures, Borderless Capital, CMT Digital, IBI Tech Fund, Re7 Capital, and others. The company chose not to disclose its valuation.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px"...

Economic activity in the manufacturing sector declined for the fifth month in August and the 21st time in the past 22 months, according to the latest Manufacturing ISM Report On Busines. The report was released by Timothy R. Fiore, Chairman of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee. According to the report, the manufacturing PMI for August was 47.2 percent, up 0.4 percentage points from 46.8 percent in July.

The Swiss Consumer Price Index (CPI) remained at 107.5 points in August 2024, unchanged from the previous month. Annual inflation was 1.1% year-on-year, according to the Federal Statistical Office (FSO). The monthly stability of the index was due to price changes in opposite directions. Prices of rented housing, clothing and footwear rose, while private transport rentals, air transport, fuel oil, international package tours, hotels and other accommodation fell.

NewsCardano, the layer 1 blockchain founded by Charles Hoskinson, has officially completed the first phase of the Chang hard fork, making it the first major blockchain to transition to a token-based decentralized governance system. Over the next 90 days, Cardano will undergo a complete transformation, after which ownership of the blockchain will be fully transferred to ADA token holders. This upgrade marks Cardano's entry into the final development phase, known as the Voltaire era.The Qatar Financial Centre (QFC) has established a comprehensive framework for the creation and regulation of digital assets. The regulations include the legal recognition of smart contracts, tokenization processes, and the legal acknowledgment of ownership rights over tokens and underlying assets. The framework also covers custodial agreements, transfers, and exchanges, ensuring that the digital asset ecosystem within the QFC is secure, transparent, and compliant with international standards.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)"...

Manufacturers in the euro area remain under severe pressure in the middle of the third quarter as production continues to fall in most countries. The decline in the number of new orders in 2024 has been the sharpest so far, leading to austerity measures as companies cut back on raw material purchases, recruitment and inventories. Business confidence fell to a five-month low. Despite this, although sales have fallen sharply, prices charged for euro area goods have risen for the first time since April 2023, while operating costs have been rising for the third month in a row.

News "The milestone is a testament to the company's financial strength and value," said Cathy Seifert, Berkshire analyst at CFRA Research. "It's particularly significant at a time when Berkshire is one of the last remaining conglomerates." The Omaha, Nebraska-based conglomerate's shares rose more than 28% in 2024, significantly outperforming the 18% rise in the S&P 500 index. The $1 trillion mark came just two days before the 94th birthday of Warren Buffett, the "Oracle of Omaha".Shares rose 0.8% on Wednesday, reaching $696,502.02, taking the company's market capitalization to more than $1 trillion, according to FactSet.Unlike the other six members of the trillion-dollar club (Apple, Nvidia, Microsoft, Alphabet, Amazon and Meta), Berkshire is focused on the traditional economy, owning BNSF Railway, Geico Insurance and Dairy Queen, among others. (However, the company's significant Apple stake also contributed to recent gains.) "This is a credit to Mr. Buffett and his team, as it was the 'old economy' businesses that made Berkshire successful," said Andrew Kligerman, a Berkshire analyst at TD Cowen. "Yet these businesses are pivoting at much lower valuations than technology companies, which are not Berkshire's core business profile. What's more, Berkshire has achieved all this with a conglomerate structure that many consider outdated, as companies have tended to specialize over the years." Buffett, who took control of Berkshire in the 1960s, built it from a struggling textile company into a giant conglomerate encompassing insurance, railroads, retail, manufacturing and energy, with unparalleled financial strength and cash reserves.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px"...

NewsGreg Solano (Garga), CEO of Yuga Labs, announced the upcoming launch of "The Workshop," a program designed to develop innovative on-chain products for ApeChain. The initiative will follow a strategy similar to the one used by the Base blockchain, utilizing rapid product cycles and committing to dismantling unsuccessful projects. The first products from "The Workshop" are expected to roll out on ApeChain soon, hinting at the imminent launch of its mainnet.Two of the hottest platforms in the crypto market today are the Pump.fun memecoin launchpad and the Polymarket decentralized prediction marketplace. Since its launch in January this year, Pump.fun has generated a cumulative revenue of $100 million from over a million memecoins. Meanwhile, Polymarket saw higher trading volumes in August than all NFTs across chains combined, with the number of active traders steadily increasing since May as the 2024 presidential election approaches.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px"...

NewsGnosis Chain, one of Ethereum's oldest sidechains and a fully community-owned network, has announced that its members are reconsidering which asset should be used to pay network gas fees, currently paid in DAI, known as xDAI. Since MakerDAO plans to introduce USDS, a stablecoin that could potentially be frozen, as an optional alternative to DAI, this conflicts with Gnosis' commitment to decentralization. Alternatives under consideration include decentralized stablecoins like RAI and LUSD, or Gnosis' native token, GNO.SafeDAO, which manages a smart account infrastructure securing nearly $60 billion in assets, has announced plans to introduce a licensing fee model for protocols integrated into the Safe Wallet. The proposal, initiated by the Safe Ecosystem Foundation, marks SafeDAO's first step toward monetizing its ecosystem to generate dedicated revenue streams. Initially, the focus would be on monetizing the swaps function within the Safe Wallet, with projected annual revenue of $2.5 million through licensing fees.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px"...

NewsSingapore-based crypto broker Crypto.com has formed a partnership with Standard Chartered to enhance its users' access to U.S. dollars, euros, and UAE dirhams. These new global retail fiat services will be managed from Crypto.com's regional hub in Dubai and will be available in 90 countries.U.S. District Judge Alvin Hellerstein in Manhattan ruled in favor of Elon Musk in a lawsuit accusing him of misleading investors and engaging in insider trading by hyping dogecoin, allegedly causing billions of dollars in losses. The judge stated that Musk's tweets about dogecoin being the future currency of Earth, being able to buy Teslas with it, or flying to the moon with SpaceX were merely aspirational exaggerations, not factual statements containing false information.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px"...

The annual inflation rate in the euro area is expected to fall to 2.2% in August 2024 from 2.6% in July, according to preliminary data from Eurostat, the statistical office of the European Union. Among the components of inflation, services prices rose the most (4.2% compared with 4.0% in July), followed by food, alcohol and tobacco (2.4% compared with 2.3% in July). Non-energy industrial goods, on the other hand, are expected to fall (0.4% compared with 0.7% in July), while energy prices are expected to fall significantly (-3.0% compared with 1.2% in July).

Core inflation in Tokyo accelerated for the fourth straight month in August, data released on Friday showed. The index exceeded the central bank's inflation target of 2%, reinforcing market expectations for continued interest rate hikes. Tokyo's consumer price index (CPI), which excludes volatile fresh food prices, rose 2.4% year-on-year, compared with 2.2% expected and 2.2% in July.

NewsTelegram CEO Pavel Durov was formally charged by a French court yesterday. He was released on bail set at $5.56 million but is not allowed to leave the country and must report to the French police twice a week. The charges allege his involvement in managing a platform that facilitates illegal transactions for an organized crime group, a crime that carries a maximum sentence of 10 years in prison.The layer-1 blockchain Kaia, developed by Asia's two leading messaging apps, Kakao and LINE, has gone live. According to the announcement, the mainnet is the world's fastest EVM blockchain, offering one-second finality, extremely low gas fees, and support from leading Asian web3 partners. Developers on Kaia can build Telegram-like applications on the LINE messenger platform, which boasts a user base of nearly 250 million.The Renzo Protocol, originally built on Ethereum, has announced the launch of its governance token, REZ, on the Solana blockchain via Wormhole, leveraging its native token transfer framework. This integration expands the reach of Renzo's "liquid restaking token" technology and introduces the protocol to a new user base on Solana.The privacy-focused web browser and search startup Brave has announced layoffs affecting 27 employees, approximately 15% of its workforce. This marks the company's second round of layoffs in the past 10 months. Despite having nearly 80 million monthly active users and being particularly popular in the crypto industry, Brave remains relatively small compared to its larger competitors.Donald Trump has launched his fourth NFT trading card series titled "Series 4: The America First Collection." The series, consisting of 360,000 NFTs, was released on the Polygon network, priced at $99 per NFT. So far, the collection has generated over $2 million in revenue.Transak, a web3 payment infrastructure provider, has partnered with Sony Block Solutions Labs' Ethereum layer 2 network, Soneium, to offer fiat onramp...

The Bureau of Economic Analysis (BEA) estimates that real gross domestic product (GDP) grew at an annual rate of 3.0 percent in the second quarter of 2024. This figure is higher than the 1.4 percent growth recorded in the first quarter. The latest estimate is based on more accurate data than the "preliminary" estimate released last month, which showed growth of 2.8 percent.

Spain's annual inflation rate reached 2.2% in August 2023, according to a preliminary report released on Friday by the country's National Statistics Institute (INE). This is lower than the 2.8% recorded in July and better than expected. The slowdown in inflation is mainly due to a fall in fuel prices and, to a lesser extent, to a decline in food and non-alcoholic beverage prices. On a monthly basis, consumer prices were stagnant, while the annual increase in the harmonised index of consumer prices was 2.4%, unchanged from July.

NewsAccording to Tonscan on-chain data, The Open Network (TON) was unable to process transactions for over seven hours. The disruption was attributed to abnormal network load caused by the distribution of DOGS tokens, leading to network congestion and a loss of consensus. In response to the outage, Binance and Bybit temporarily suspended deposits and withdrawals on the network. However, the TON blockchain has since recovered and is once again producing blocks normally. Sony, the world's largest media conglomerate, is launching its first test network through its blockchain division, Sony Block Solutions Labs, on the Soneium network. Soneium is an Ethereum layer 2 network built on the Optimism tech stack, offering a cost-effective development environment for consumer-level applications. In the future, the ASTR token will be integrated as a key asset within their EVM-compatible Minato test network.Binance's blockchain network, BNB Chain, has launched the BNB Chain Bridge platform in collaboration with three cross-chain technology providers: Celer, deBridge, and Stargate. The bridge aims to enhance cross-chain interoperability and liquidity within the BNB Chain ecosystem, while also attracting more DeFi projects to the network.Hong Kong's HashKey Exchange has announced it has received approval to list AVAX and LINK crypto assets for retail customers. Previously, only BTC and ETH trading was allowed for non-institutional clients in Hong Kong. Trading for the AVAX/USD and LINK/USD pairs began on Wednesday morning.The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to the OpenSea NFT marketplace, signaling that the agency may initiate enforcement action against it. The SEC contends that NFTs on OpenSea are securities, a classification that the platform disputes, arguing that NFTs are artistic creations, collectibles, video game items, domain names, event tickets, and more. In response, OpenSea has offered $5 million to...

The annual growth rate of adjusted loans to households rose to 0.5% from 0.3% in June, while the annual growth rate of loans to non-financial corporations was 0.6%, down slightly from 0.7% in June. In July 2024, the annual growth rate of the broad monetary aggregate M3 in Europe was 2.3%, unchanged from the previous month. The M1, the narrower monetary aggregate, which includes currency in circulation and overnight deposits, recorded an annual decline of -3.1%, the same as in the previous month.

The annual CPI (Consumer Price Index) rose by 3.5% in the 12 months to July, a decline from the 3.8% increase in June. The largest price increases were recorded in housing (+4.0%), food and non-alcoholic beverages (+3.8%), alcohol and tobacco (+7.2%) and transport (+3.4%). The year-on-year change in the CPI excluding volatile items such as holiday travel eased to 3.7%, down from 4.0% in June.

NewsThe U.S. Securities and Exchange Commission (SEC) has reached a settlement with Plutus Lending LLC, operating under the name Abra, in a lawsuit initiated in July 2020. The lawsuit alleged that the company offered and sold unregistered crypto asset securities through its yield-generating service, Abra Earn, and operated as an unregistered investment company. Under the settlement, Abra will pay the civil penalties determined by the court and cease such activities.Rhodium Enterprises, a Bitcoin mining company, has voluntarily filed for bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas, covering the parent company and six subsidiaries. According to the filing, the company's debts range between $50 million and $100 million, while its total assets are estimated to be between $100 million and $500 million. Rhodium's bankruptcy did not come as a surprise to its creditors, as the company had been struggling with financial difficulties for some time.The Maker protocol has officially rebranded itself as Sky and introduced its native governance token, Sky (SKY), as an upgraded version of the MKR token, designed for the broader Sky ecosystem. The DAI stablecoin is also undergoing a transformation and will now be known as USDS. Like MakerDAO, the Sky Protocol will remain decentralized and community-governed, offering users new innovations such as Sky Token Rewards (STRs) and the Sky Savings Rate (SSR).Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium"...

News"We are committed to helping our customers restore quality of life to their patients with interventional solutions for chronic pain management," said Andy Pierce, President of Stryker's MedSurg and Neurotechnology Group. The Stryker may break out of a bullish flag formation and attack the 400 level this week. The Stryker price is above the average price, which could give further confidence for new purchases.Privately owned Vertos offers a minimally invasive solution for the treatment of chronic low back pain caused by lumbar scoliosis. Millions of people suffer from lumbar scoliosis, a leading cause of pain and disability. According to the National Institutes of Health, lumbar scoliosis affects about 11% of older adults in the United States and 103 million people worldwide.Andy Pierce, president of Stryker MedSurg and Neurotechnology Group, said in a statement that the acquisition will strengthen the company's minimally invasive pain management portfolio with differentiated treatments and expand the reach of its ambulatory surgery centers. The transaction is subject to customary closing conditions and financial details were not disclosed. Stryker and Vertos Medical will continue to operate as separate entities and will continue to conduct business as usual until the transaction closes.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)"...

The Conference Board's consumer confidence index rose to 103.3 points in August, up from an upwardly revised 101.9 points in July. The Current Situation Index, which is based on consumers' assessment of the business and labor market situation, improved to 134.4 points from 133.1 points in July. In addition, the expectations index, which measures short-term prospects, also rose to 82.5 after a revised reading of 81.1 in July. This was the second month in a row that the index remained above 80 points.

NewsPavel Durov, the founder and CEO of Telegram, was arrested on Saturday at Paris' Le Bourget airport. The French judiciary argues that the lack of content moderation on Telegram, the platform's failure to cooperate with law enforcement, and certain tools it offers—such as disposable phone numbers and cryptocurrencies—implicate Durov in drug trafficking, child crimes, and other frauds. Many, including the TON blockchain community, American journalist Tucker Carlson, and Elon Musk, have voiced their support for Pavel, emphasizing the importance of freedom of speech and decentralization.Less than 48 hours after Polygon's Discord server was hacked, the official Discord servers of the layer-1 blockchain Avalanche and layer-2 ZKsync were also breached. The hackers shared malicious links on both servers, promising fake, free tokens. The teams are working to restore both servers to normal. Due to the rise in such incidents, increased caution is advised for Discord servers. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)"...

New orders for consumer durables in the United States reached $289.6 billion in July, up 9.9% from the previous month, according to a preliminary report released Monday by the U.S. Census Bureau. The increase was mainly due to orders for transportation equipment, which rose 34.8% to $102.2 billion. Excluding transportation equipment, new orders fell 0.2%, while excluding defense, they rose 10.4%. In addition, durable goods shipments increased 1.1% to $291.1 billion.

05 Sep 2024 - 3:45pm (GMT +1)Previous: 55.0Becslés: 712K Source: forexfactory.com Previous data Impact on markets A general market effect that is constantly changing depending on the current economic environment. Summary - Analysis Long term trend of data: Unknown Most expected effect: Forex ( DXY ) If new data is higher than previous: Positive ( Forex:DXY ) If new data is lower than previous: Negative ( Forex:DXY ) Effect-balancing with other data: No More on TOTM PROConclusion Conclusions based on the new data will be included in the TOTM PRO level live stream announcements every Monday and Thursday.