Aurelia Butler

More stories

  • 100 Shares149 Views

    in Cryptocurrency

    Ethereum holds above $1.7k, more transactions in loss

    However, Santiment data suggests there are still more daily transactions in loss. According to the market intelligence platform, the ratio of daily profit and loss transactions dropped to 0.62. ETH price, ratio of daily transactions in profit to loss and whale activity – Aug. 30 | SantimentPer Santiment, the ratio hit a three-week high of 1.37 on Aug. 29, when ETH was trading at around $1,740.Moreover, the number of Ethereum whale transactions, consisting of at least $100,000 worth of ETH, has dropped significantly while the asset still holds above the $1,700 mark. Per Santiment, the whale transactions count hit a local high of 5,281 on Aug. 17 as the global crypto market, including ETH’s price, significantly declined.On Aug. 29, the number of Ethereum whale transactions also hit a 10-day high of 3,742, but has been constantly dropping over the past two days. According to Santiment’s data, 2,777 whale transitions were recorded on Aug. 30 and only 393 trades have been registered today.The notable drops came with a 0.5% decline in Ethereum’s price in the past 24 hours. ETH is trading at $1,705 with a $205 billion market cap at the time of writing.Furthermore, Ethereum’s 24-hour trading volume has witnessed a deeper dive of 61%, closing down to the $4.4 billion mark as most of the major cryptocurrencies turned red.This article was originally published on Crypto.news More

  • 138 Shares139 Views

    in Economy

    Exclusive-China’s Xi likely to skip G20 summit in India – sources

    NEW DELHI/BEIJING (Reuters) – Chinese President Xi Jinping is likely to skip a summit of G20 leaders in India next week, sources familiar with the matter in India and China told Reuters.Two Indian officials, one diplomat based in China and one official working for the government of another G20 country said Premier Li Qiang is expected to represent Beijing at the Sept. 9-10 meeting in New Delhi.Spokespersons for the Indian and Chinese foreign ministries did not respond to requests for comment.Li is also likely to attend a summit of East and Southeast Asian leaders in Jakarta, Indonesia on Sept 5-7, according to a report from Kyodo.The summit in India had been viewed as a venue at which Xi may meet with U.S. President Joe Biden, who has confirmed his attendance, as the two superpowers seek to stabilise relations soured by a range of trade and geopolitical tensions.Xi last met Biden on the sidelines of the G20 summit in Bali, Indonesia last November. Russian President Vladimir Putin has already announced that he will not be travelling to New Delhi and will send Foreign Minister Sergei Lavrov instead.One senior government official from host India told Reuters that “we are aware that the premier will come”, in place of Xi.In China, two foreign diplomats and a government official from another G20 country said that Xi will likely not be travelling for the summit.Two of these three sources in China said they were informed by Chinese officials, but they were not aware of the reason for Xi’s expected absence.All officials spoke on condition of anonymity as they were not authorised to speak to the media.Anticipation of a meeting between Xi and Biden has been fuelled by a stream of top U.S. officials visiting Beijing in recent months, including a trip by Commerce Secretary Gina Raimondo earlier this week.Another upcoming summit mooted for face-to-face talks between the two leaders is an Asia-Pacific Economic Cooperation Leaders Meeting in San Francisco on Nov. 12-18. Xi, who secured a precedent-breaking third term as leader last October, has made few overseas trips since China abruptly dropped strict pandemic-induced border controls this year.He did, however, attend a meeting from leaders of the BRICS group of major emerging economies – Brazil, Russia, India, China and South Africa – in South Africa last week.Several G20 ministerial meetings in India ahead of the summit have been contentious as Russia and China together opposed joint statements which included paragraphs condemning Moscow for its invasion of Ukraine last year.Xi and Indian Prime Minister Narendra Modi held a rare conversation on the sidelines of the BRICS meeting in Johannesburg and discussed reducing tensions in the bilateral relationship that soured after clashes along their Himalayan frontier in 2020 left 24 soldiers dead. More

  • 175 Shares159 Views

    in Cryptocurrency

    Worst Investor out There? This Ethereum Whale Lost $5.1 Million and Still Doubles Down

    One such Ethereum investor has been grabbing attention for all the wrong reasons. This individual seems to have a knack for making poor choices when it comes to perpetual contracts, and their recent moves have left many in the crypto world utterly baffled.Source: While Ethereum’s market has been holding steady, this investor’s puzzling actions have not gone unnoticed. Market watchers and crypto pundits are scratching their heads, trying to make sense of it all. Is this a case of overconfidence, or perhaps a lack of understanding of the inherent ?Ignoring basic principles can lead to catastrophic financial setbacks. Whether this investor is an eternal optimist or just lacks trading acumen, their actions serve as a lesson to us all: have a well-thought-out strategy and prepare for every possible scenario.This article was originally published on U.Today More

  • 75 Shares129 Views

    in Economy

    China’s manufacturing activity shrinks in August

    What is included in my trial?
    During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages.
    Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. For a full comparison of Standard and Premium Digital, click here.
    Change the plan you will roll onto at any time during your trial by visiting the “Settings & Account” section.
    What happens at the end of my trial?
    If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month.
    For cost savings, you can change your plan at any time online in the “Settings & Account” section. If you’d like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial.
    You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many user’s needs. Compare Standard and Premium Digital here.
    Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel.

    When can I cancel?
    You may change or cancel your subscription or trial at any time online. Simply log into Settings & Account and select “Cancel” on the right-hand side.
    You can still enjoy your subscription until the end of your current billing period.
    What forms of payment can I use?
    We support credit card, debit card and PayPal payments. More

  • 88 Shares189 Views

    in Economy

    Markets are still rosy on the Fed

    What is included in my trial?
    During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages.
    Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. For a full comparison of Standard and Premium Digital, click here.
    Change the plan you will roll onto at any time during your trial by visiting the “Settings & Account” section.
    What happens at the end of my trial?
    If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month.
    For cost savings, you can change your plan at any time online in the “Settings & Account” section. If you’d like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial.
    You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many user’s needs. Compare Standard and Premium Digital here.
    Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel.

    When can I cancel?
    You may change or cancel your subscription or trial at any time online. Simply log into Settings & Account and select “Cancel” on the right-hand side.
    You can still enjoy your subscription until the end of your current billing period.
    What forms of payment can I use?
    We support credit card, debit card and PayPal payments. More