weekly

Bitcoin on track for 1% weekly loss amid broader caution as FTX contagion continues

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Olemedia/iStock via Getty Images Bitcoin (BTC-USD) is on track to end the week ~1% lower, with investors remaining wary as the contagion from the implosion of troubled cryptocurrency exchange FTX continues. The top crypto fell to an over two-year low of $15.6K earlier this week and could potentially slide further. “There’s likely more to come … Read more

Shares set for weekly gain, Treasury yields fall as investor optimism continues

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Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Nov 25, 2022  •  13 minutes ago  •  3 minute read Join the conversation Article content TOKYO — European stocks were on track for a sixth successive week of gains on Friday and government bond yields globally traded near multi-week lows as investors reacted to … Read more

Dollar headed for weekly loss as investors brace for slower Fed hikes

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Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Nov 24, 2022  •  2 minutes ago  •  3 minute read Join the conversation Article content SINGAPORE — The dollar stood close to a three-month low and was on track for a weekly loss on Friday, as the prospect of the Federal Reserve slowing monetary … Read more

U.S. weekly rail traffic drops 3.2% vs. last year

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4 of 10 commodity groups posted an increase vs. prior year, includes: grain (up 2,039 carloads to 26,624), coal (up 1,766 carloads to 66,485), and nonmetallic minerals (up 463 carloads to 31,558) Commodity groups that posted decreases included chemicals (down 3,081 carloads to 31,074); motor vehicles and parts (down 1,030 carloads to 13,631); and forest … Read more

TRON Total Number Of Accounts Hit 120 Million: Weekly Report

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TRON, the native cryptocurrency of the blockchain network bearing the same name, continues to struggle as it fails to break free from its bearish momentum. According to tracking from Coingecko, the 16th largest cryptocurrency in terms of market capitalization is trading at $0.050 at the time of this writing. For the past seven days, the … Read more

PAX Gold (PAXG) Leads Weekly Gains Among Top Coins

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As the market suffers from FTX’s liquidity crisis, PAX Gold (PAXG), a commodity-backed crypto, continues to lead weekly gains. The 65th largest crypto by market cap was seen keeping a week-on-week gain of 5.26% and an intraday gain of 1.12%. Based on current market movement, PAX Gold is the week’s highest gainer. In fact, no … Read more

Three asset managers ascend, two Brazilian banks slide: Weekly financial roundup

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monsitj This week’s five biggest winners in financial stocks (with market cap of over $2B) featured three asset managers, while two Brazilian banks took a hit. Pet insurer Trupanion (NASDAQ:TRUP) gained the most in the week ended November 11, soaring 42.7%, after the company formed an alliance with Aflac (NYSE:AFL) to provide pet insurance in … Read more

Polygon Beats Estimates As MATIC Registers 26% Weekly Gain.

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Polygon (MATIC) surpassed expectations with regards to its trading price as it ended up being the top gainer in a seven-day period right now among the top 15 cryptocurrencies in terms of market capitalization. Trading at $1.11 according to latest tracking from Coingecko at press time, the altcoin managed to climb by 26% for the … Read more