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Source: Cryip News Agency
3 weeks ago
Cryptocurrency Medium Importance

Ether Clears $2,700 as Spot ETH ETFs Post Their Biggest Daily Haul Since October

Ether cleared $2,700 this week, part of a broader crypto rally that has pushed the token up 10.4% over the trailing week and back to price levels last seen in January, moving in close step with bitcoin's own climb past $86,000 over the same period. The two largest cryptocurrencies by market capitalization posted almost identical weekly percentage gains, a pattern that typically points to a shared macro or market-structure driver rather than a catalyst specific to either network.

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Source: Cryip
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Source: CNBC International TV News Agency
3 weeks ago
General Medium Importance

East-West pipeline could still take six to eight weeks to recover to full capacity: Expert

Corey Ranslem, CEO of Dryad Global, discusses what a potential re-start of Saudi Arabia's East-West pipeline means for the industry. Ranslem reveals that despite the anticipated pipeline restart, vessel traffic through the Bab el-Mandeb remains severely depressed, down from a normal 70–90 daily transits to an average of just 30.

Source: CNBC International TV
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Source: Reuters News Agency
3 weeks ago
General Medium Importance
L&G to cut about 10% of workforce by mid-2027, Bloomberg News reports

L&G to cut about 10% of workforce by mid-2027, Bloomberg News reports

Legal & General plans ​to reduce ‌its headcount by roughly ​10%, or ​about 1,000 jobs, ⁠by ​the middle of ​2027, Bloomberg News reported on ​Wednesday, ​as CEO António Simões ‌presses ⁠ahead with a drive to ​streamline ​the ⁠British insurer.

Source: Reuters
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Source: Seeking Alpha News Agency
3 weeks ago
General Medium Importance

Circle: Everything Is Falling Into Place

Circle remains a compelling long-term opportunity, despite a halved share price and recent crypto market weakness. CRCL secured a federal trust bank charter, cementing regulatory leadership and making USDC the preferred settlement asset for institutions. USDC circulation and onchain transaction volume are growing robustly, even in a bearish market, with management reiterating a 40% multi-year CAGR target.

Source: Seeking Alpha
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Source: InvestingCube News Agency
3 weeks ago
Forex Medium Importance AI Analyzed

AUD/USD Forecast: Australian Dollar Slides Below 0.7100 as Weak PMI Meets Hawkish Fed

Summary:AUD/USD fell below 0.7100 on Wednesday, reaching a one-week low as weaker Australian business activity and a stronger US Dollar weighed on the pair. Australia's September Composite PMI dropped to 50.8 from 52.7, while manufacturing contracted for the first time since March.

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Source: InvestingCube
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