finance
Entered 2024.03.09 12:45 Modified 2024.03.09 12:45
Mixing Bitcoin Outlook… “Go further” vs “Go further”
It went up 50% this year alone… Bitcoin hit 100 million
“Funds flowing into spot ETFs
“Rally continues with halving”
“It went up too much in a short space of time.
“Possibility of a decline in the $50,000 range”
Photo=REUTERS As Bitcoin breaks its all-time high and is on the verge of reaching 100 million won, the outlook for its future price is mixed.
Bitcoin fell significantly after surpassing the $69,000 level for the first time since November 2021 on the 5th, but is slowly recovering. Bitcoin has soared 160% since October last year, and is up more than 50% this year alone. Experts believe that funds continue to flow into the spot Bitcoin exchange-traded fund (ETF), which began trading in January, and that Bitcoin will continue its rally as the halving is next month, and that we must be careful. short term adjustments as it has increased enormously in a short period of time There is a division in terms of concerns.
During the Bitcoin halving,
No Person In The World Has Been Richer…
2024-03-09 05:17:14
New Delhi: The 14th century African emperor Mansa Musa is known for his immense wealth. His wealth was so much that today’s billionaires look poor in front of him. Mansa Musa became the ruler of the Mali Empire in West Africa in 1312. After adjusting for inflation, his wealth today amounts to around $400 billion. This is more than the combined wealth of Jeff Bezos, Bill Gates and Mukesh Ambani. Mansa Musa’s wealth was generated from the natural resources in his kingdom, such as gold and salt. His empire was spread over many countries in West Africa. These included Mali, Senegal and Ivory Coast. He was known for his generosity and kindness. no one stops when it comes to wealth
Mansa Musa was born in 1280. He ascended the throne of the vast Mali Empire in West Africa in 1312. If we adjust for inflation, his wealth is estimated to be around 400 billion dollars. This is more than the combined wealth of super rich like Mukesh Ambani, Gautam Adani and Ratan Tata.
Mansa Musa’s prosperity stemmed from the state’s natural resources. In the south, gold was produced from the mines of areas like Bambuk,
Unprecedented Turmoil: Petrobras Dividend Rocks Brazils Markets To…
Government Intervention Concerns Impact Brazilian Markets
Following a smaller-than-expected dividend payout from Petroleo Brasileiro SA, Brazilian markets experienced a significant downturn. This event reignited fears of increased government intervention in the nation’s largest companies.
Market Reaction
The Brazilian real saw a decline of up to 1.1% on Friday, making it the worst-performing major currency globally. Additionally, long-end swap rates saw an increase. The benchmark Ibovespa equity index reached its lowest point in over three weeks, with Petrobras being a major contributor to the decline. As Petrobras makes up 13% of the index weightings, its shares dropping by over 10% resulted in a market value loss of approximately 56 billion reais ($11 billion).
Bitcoin Price Is $70,000, Gold Price Is $2,200…
2024-03-09 00:33:45
On the 7th, the Bitcoin price was displayed at the Bithumb customer center in Seocho-gu, Seoul. /yunhap news
Bitcoin, the number one cryptocurrency market capitalization, exceeded $70,000 per piece for the first time on the 8th (local time). The price of gold, a representative safe asset, also continued its record high, breaking through $2,200 per ounce at one point on this day.
◇Bitcoin and gold prices break through the ceiling
According to Coinbase, an American virtual currency exchange, the price of each Bitcoin rose to $70,199 on this day. It has been three days since breaking the $69,000 mark on the 5th, breaking the all-time high in November 2021.
Bitcoin, which was trading at $67,000 on this day, suddenly surged to $70,000 due to an influx of buying power. Afterwards, it fell again and is currently trading at around $68,000.
The market believes that the effects of the U.S. Securities and Exchange Commission (SEC)’s approval of the Bitcoin spot exchange-traded fund (ETF) in January are taking effect. In addition, the approaching halving, in which the supply of Bitcoin is reduced by half, is also a factor driving up the price.
Antoine Magnant Appointed Head Of Tracfin, Bercys Financial…
Antoine Magnant was appointed, Wednesday March 6, as head of Tracfin, the financial intelligence unit attached to the Ministry of the Economy, according to the report of the Council of Ministers.
A graduate of the National School of Administration (ENA), he “specialized in taxation, accounting, the fight against fraud and in the organization and improvement of the operational and human performance of the General Directorate of Public Finances of which he has been Deputy Director General since 2018”specifies a press release from Bercy.
At the start of the year and until recently, he also served as interim director general of public finances.
A “critical” internal report
Mr. Magnant will replace from 1is April Alban Genais, who has been acting in the French service responsible for the fight against money laundering, terrorist financing and tax fraud since the end of February and the departure of Guillaume Valette-Valla.
If the departure of Mr. Valette-Valla was officially ” at his request “The media The Informed had mentioned a few days before an internal report “very critical of its management” and cited “burn-outs, repeated sick leave” and a rate of departures and replacements of employees “exceptionally high”.
Al Bilad Newspaper The Lowest Level Since 2021..…
The United Nations Food and Agriculture Organization (FAO) world food price index fell in February for the seventh month in a row, as lower prices for all major grains offset higher sugar and meat prices.
The organization said on Friday that its price index, which measures changes in the prices of the most widely traded primary food commodities globally, reached an average of 117.3 points in February, down from 118.2 points in the previous month, i.e. a 0.7 percent decline from the January level.
The current February reading is the lowest since February 2021.
The FAO report stated that international prices for all types of major cereals declined on a monthly basis.
Corn export prices recorded the largest decline in light of the expectations that influenced the market regarding a large harvest in Argentina and Brazil, in addition to the competitive prices offered by Ukraine, as it seeks to benefit from the smooth functioning of the maritime trade route.
With regard to wheat, the decline in international prices was mainly a result of lower prices for export, due to the acceleration in the pace of export in the Russian Federation,
Dashboard Warning Light, If This One Comes On…
#Dashboard #warning #light #maneuver #risk #killing #people #dont #pay #attention
Warning lights on the dashboard of a car – source depositphotos.com – autoruote4x4.com
When a warning light comes on it’s normal to worry and panic: here’s how you should behave when this one appears. If you make a mistake you risk having serious safety problems, which is why you have to be careful and not make mistakes that could lead to an accident.
Driving a car means encountering gods inconveniences that can also undermine your safety. Today in particular we are talking about one of these, which concerns the turning on of a warning light that few people know about. There is no need to panic when you see this warning light appear on the dashboard, because you just need to follow a few small precautions to prevent complications that no one wants from occurring.
The spy we are telling you about is characterized by a yellow/orange color and is represented by a vehicle that is skidding (you can also see a photo of it below in our article).
Ecuador And Canada Will Negotiate A Free Trade…
The president of Ecuador Daniel Noboa and his Canadian counterpart Justin Trudeau.
The president of Ecuador, Daniel Noboamet this Tuesday in Ottawa with the Canadian Prime Minister, Justin Trudeauwith whom he agreed to promote bilateral trade relations and begin negotiations in April for the signing of a free trade agreement between the two countries.
Trudeau, welcoming President Noboa in the Canadian Parliament, noted that the meeting would be an opportunity to “talk about all the ways” in which the two countries are aligned.
«We are launching negotiations for a free trade agreement. “We are talking about all the different ways we can work together not only to create opportunities for citizens but to create solutions to the many problems the world faces.”Trudeau added, calling Noboa a “visionary leader.”
Canada and Ecuador share many priorities – like growing our economies, protecting our environment, developing clean energy, and advancing gender equality.
I spoke about that and more with President @DanielNoboaOk today. Together, we’re working for Canadians and Ecuadorians. pic.twitter.com/vrT0xELb6U
— Justin Trudeau (@JustinTrudeau) March 5, 2024
For his part, Noboa stated that the two countries share “democratic values” and that both “are concerned about the environment and the world.”
«We are a very young nation that wants to work with the rest of the world,
Investors Bullish On Stock Market For 2024 Amid…
Investors are confidently betting on new technologies as the stock market sees a positive momentum. The S&P 500 index has been on the rise since mid-November, prompting banks and analysts to revise their projections for 2024.
With strong arguments and positive outlooks, banks have raised their forecasts for the S&P 500 index. The recent adjustment by Bank of America’s team led to a new target of 5,400 by the end of the year, indicating a 5% increase and a bullish sentiment in the market.
The optimism is fueled by factors such as better earnings per share in companies and increased focus on productivity and cost management. Despite the positive trends, analysts remind investors that corrections are a natural part of the market cycle.
Bank of America specifically highlights areas of euphoria in Artificial Intelligence and advancements in anti-obesity drugs. The anticipation of interest rate cuts and the Federal Reserve’s stance on inflation also play a role in shaping market sentiments.
Goldman Sachs and other financial institutions have also raised their projections for the S&P 500 index, citing strong economic growth and potential benefits for companies in key sectors such as information technology and communication services.