Poland has surpassed El Salvador in the global Bitcoin ATM count, now ranking fifth with 219 active machines after adding 10 new ATMs on January 27. This growth comes amid a four-month installation spree, contrasting with El Salvador’s stagnant count of 215 since October 2022. Currently, the top five countries for Bitcoin ATMs are the US, Canada, Australia, Spain, and Poland.
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Generated 0 posts last week Asian Markets Decline as Oil Prices Rise Amid US Sanctions on Russia
Asian stocks fell for a fourth consecutive day as stronger US jobs data dampened expectations for Federal Reserve interest-rate cuts, while oil prices surged to a four-month high following new US sanctions on Russia’s oil industry. The MSCI Asia Pacific Index dropped 1.1%, with significant declines in Hong Kong, Taiwan, and South Korea, as Chinese shares continued to slide despite record export figures. Meanwhile, the dollar strengthened against major currencies, and bond yields rose in response to the shifting market dynamics.
read moreWall Street Investment Bubble and Its Implications for Australia
Evidence suggests that the US stock market is in a bubble, with the S&P 500 potentially facing a significant drop in value. Analysts warn that a correction could lead to considerable pain for investors, while a deeper crash raises uncertainty about recovery. Current market exuberance may signal an imminent downturn, echoing past financial crises.
read moreTop Ten Legendary Traders and Their Remarkable Achievements
The text highlights the top ten traders in history, including Jesse Livermore, George Soros, and Jim Rogers, known for their significant achievements and unique trading strategies. It also discusses notable figures like David Tepper and Nick Leeson, emphasizing their impact on the financial world. Additionally, it touches on the trading methods of W.D. Gann and Richard Dennis, showcasing the diverse approaches to market speculation and investment.
read moreAsian Stocks Decline Amid Weak Chinese Manufacturing Data and Wall Street Trends
Asian stocks fell on Thursday, influenced by a lackluster performance on Wall Street and disappointing manufacturing data from China, which saw a 1.3% drop in its stock index. Hong Kong’s index slumped 1.7%, particularly impacted by Alibaba’s exit from Sun Art Retail. Singapore’s economy showed minimal growth in Q4, raising concerns about ongoing challenges in the manufacturing sector amid weak export demand.
read moreUS stock markets decline after holiday pause amid mixed economic signals
U.S. stocks opened lower after the Christmas holiday, with the S&P 500 down 0.2%, the Dow Jones down 0.3%, and the Nasdaq slipping 0.2%. Unemployment claims remained steady, but continuing claims hit a three-year high. Despite recent losses, the S&P 500 is up 26.6% for the year, nearing its all-time high.
read moreAsian shares rise as US markets prepare to reopen after holiday
Asian shares mostly rose in thin post-Christmas trading, with Japan’s Nikkei 225 gaining 1.1% on strong retail and tourism stocks after eased visa conditions for Chinese tourists. Meanwhile, U.S. markets are set to reopen, with a positive outlook for year-end trading despite recent losses. Oil prices also increased, with U.S. benchmark crude at $70.42 per barrel.
read moreAsian shares rise as oil prices increase in post-holiday trading
Asian shares mostly rose in thin post-Christmas trading, with Japan’s Nikkei 225 gaining 1.1% on strong retail and tourism stocks after eased visa conditions for Chinese tourists. Meanwhile, U.S. markets are set to reopen, with a positive outlook for the year-end rally despite recent concerns over economic policies. Oil prices also increased, with U.S. benchmark crude at $70.42 per barrel.
read moreAsian markets rise as oil prices increase in post-holiday trading
Asian shares mostly rose in thin post-Christmas trading, with Japan’s Nikkei 225 climbing 0.8% on strong retail and tourism gains following eased visa conditions for Chinese tourists. Meanwhile, U.S. markets, closed Wednesday, are set to reopen with a positive outlook as the S&P 500 is up 26.6% this year, nearing its all-time high. Oil prices also increased, with U.S. benchmark crude at $70.37 per barrel.
read moreAsian markets rise post-Christmas as oil prices increase and U.S. rallies
Asian shares mostly rose in thin post-Christmas trading, with Japan’s Nikkei 225 climbing 0.8% on strong retail and tourism gains following eased visa conditions for Chinese tourists. South Korea’s Kospi dipped slightly, while oil prices increased, with U.S. crude at $70.37 per barrel. The U.S. stock market remains poised for strong returns in 2024, with the S&P 500 up 26.6% this year, nearing its all-time high.
read moreCryptopia Hack Victims Receive Over 225 Million Dollars in Crypto Distributions
Hack victims of the collapsed New Zealand crypto exchange Cryptopia are set to receive over $225 million in digital assets after years of waiting. More than 10,000 verified account holders have begun receiving their first distributions of Bitcoin and Dogecoin, following a judge’s ruling that recognized digital assets as property in liquidation cases. Liquidators are committed to resolving the matter swiftly for affected customers.
read moreCryptopia Begins Distribution of 225 Million Dollars in Crypto Reimbursements
Cryptopia, the New Zealand-based crypto exchange that went bankrupt after a cyberattack, has begun returning approximately NZ$400 million (about $225 million USD) to 10,000 verified account holders. Over the last few days, significant progress has been made, with funds returned on-chain, and further distributions planned for newly verified users next year. Liquidators from Grant Thornton are working to reconcile millions of transactions and encourage remaining account holders to register on the claims portal for future distributions.
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