“`html PHILIPPINE STOCKS dipped again on Monday, breaking a three-day ascent as investors took their earnings and adopted a careful approach ahead of the upcoming September consumer price index (CPI) announcement. The benchmark Philippine Stock Exchange index (PSEi) fell by 1.77% or 108.54 points, concluding at 6,000.32, while the broader all shares index declined by 1.13% or 41.90 points to reach 3,643.95. “The PSEi retreated after three straight days of increases from last week, as profit-taking influenced today’s market activity. Investors are remaining cautious prior to tomorrow’s inflation rate report, which may impact the BSP’s (Bangko Sentral ng Pilipinas) forthcoming…
Autore: wsjcrypto
“`html Main insights:Bitcoin’s price discovery achieved its most robust weekly closure at $123,400.On-chain indicators and futures statistics reveal persistent bullish dominance above $122,000.Short-term predictions are divided between a momentum surge upward or a mean reversion decline.Bitcoin (BTC) reached its most exceptional weekly closure ever at $123,500 on Sunday, confirming its transition into a new stage of price discovery. As it stabilized close to its all-time high (ATH) at $125,800, three fundamental on-chain and derivative indicators underlined the robustness and sustainability of the bullish trend.Bitcoin one-week chart. Source: Cointelegraph/TradingViewBulls dominate Bitcoin’s structural momentum close to $123,000Bitcoin’s structural momentum remains strongly positive.…
“`html If you’ve ever found yourself in an interview and heard a hiring manager express, “We resemble one large family here,” you may have felt comforted. After all, what could possibly be amiss with a tight-knit, encouraging workplace? Nonetheless, according to career professionals, this expression frequently contains a more concerning subtext — one that may indicate excessive workloads, indistinct boundaries, and even a harmful culture. Peter Duris, CEO and Co-founder of Kickresume, an AI-driven career platform, advises jobseekers to closely observe subtle language during interviews, as it can divulge much about a company’s atmosphere and expectations. “One of the most…
“`html The Bitcoin journey appears to never, ever halt. Bitcoin achieved a peak today, soaring beyond its prior record of $124,466. Bitcoin ascended more than 13% over the last week, swiftly recovering from $109,000 at the end of September to reach $125,750 today, as per Bitcoin Magazine Pro data. The last occasion bitcoin approached these heights was in August. Several pivotal factors are driving the bullish turnaround. Macroeconomic unpredictability — including the current U.S. government shutdown — has steered investors towards alternatives such as bitcoin, historically viewed as a safeguard against conventional financial risks. Geoffrey Kendrick, head of digital assets…
“`html Investors are seeking refuge in safe-haven assets, such as Bitcoin and gold, as the US national debt approaches an unprecedented $38 trillion.The current national debt of the United States, at $37.9 trillion, is escalating by $69,890 every second — or nearly $4.2 million each minute — over the past year, according to the debt dashboard of the US Congress Joint Economic Committee (JEC).This amounts to an astonishing $6 billion daily — greater than the gross domestic product of over 30 nations, based on information from Worldometer.Change in the United States national debt over the previous 12 months, assessed at…
“`html Trusted Editorial material, evaluated by prominent industry specialists and experienced editors. Advertisement Disclosure Tron surged ahead of competitors in blockchain profits last year, amassing $3.6 billion, a figure that underscores how stablecoin activity can surpass mere market valuation in terms of network earnings. Per Token Terminal, this total positions Tron significantly ahead of larger contenders based on gross revenue metrics. Tron Dominates Revenue Charts Tron’s advantage primarily originates from stablecoin transactions, with studies indicating that around 51% of circulating Tether USDT has been generated on the Tron network. In contrast, Ethereum reported approximately $1 billion in income during the…
“`html Dogecoin has exhibited signs of renewed energy after regaining territory above $0.26 within the last 24 hours, but it hasn’t achieved a definitive breakout yet. Regardless, crypto analysts remain optimistic about the meme token, and several have emphasized crucial support, resistance, and breakout levels. Currently, Dogecoin’s trajectory to $0.3 still possesses validity, and itsresponse here will dictate how its price movements unfold. Analysts Outline Optimistic Setups And Short-Term Goals The $0.30 mark, in particular, stands out as the next significant threshold for Dogecoin: functioning both as a psychological and technical indicator that could pave the way for a more…
“`html By Katherine K. Chan THE BANGKO SENTRAL ng Pilipinas (BSP) is expected to maintain interest rates this week as inflation uncertainties persist, as indicated by most experts surveyed by BusinessWorld. A BusinessWorld survey conducted last week revealed that 10 out of 16 experts foresee the Monetary Board to refrain from monetary easing in its meeting on Oct. 9, retaining the benchmark rate at 5%. Conversely, six analysts predict a reduction of 25 basis points (bp), referring to lower-than-target inflation and the necessity to bolster economic growth. If this occurs, the benchmark rate would adjust to 4.75%. Thus far, the…
“`html Bitcoin surpassed a new pinnacle over the weekend, leading analysts to advocate for a refreshed accumulation phase that could propel a surge to $150,000 prior to the year’s conclusion.Bitcoin (BTC) achieved a new record high exceeding $125,700, and its market valuation temporarily surpassed the $2.5 trillion mark for the first instance in crypto history, as reported by Cointelegraph earlier on Sunday.The surge was bolstered by several macroeconomic elements, including the recent US government halt — the first since 2018 — which some analysts suggest has rekindled interest in Bitcoin’s store-of-value function.Historically, similar circumstances have resulted in “significant price milestones,”…
“`html Sir Jim Ratcliffe’s chemical conglomerate, Ineos, has enacted a company-wide hiring suspension as it emphasizes debt alleviation following years of swift growth and deteriorating market scenarios. The British-originated organization affirmed a “comprehensive recruiting suspension” while tightening capital expenditures after acquiring assets valued at approximately €2.7 billion across the US, Europe, and Asia between 2022 and 2024. This action arises as Ineos contends with excess capacity in the chemicals sector, new US tariffs, and declining prices that have pressured margins across its primary operations. Ratcliffe, 72, who jointly owns Manchester United, has stopped dividend distributions to concentrate on decreasing the…