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Bitcoin (BTC) fell into the May 30 Wall Street open as the return of United States equities failed to boost performance.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBitcoin pauses into monthly closeData from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $27,700, having briefly spiked above the $28,000 mark.The
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As Gap increased layoffs during the first quarter, online sales declined 9 percent YoY but accounted for about 37% of net sales. After starting the year with a bearish sentiment, Gap Inc (NYSE: GPS) – an American apparel company – saw its shares rise approximately 14 percent during Thursday’s after-market hours
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Bitcoin (BTC) saw five-day highs on May 15 as a rebound continued after the Wall Street open.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$40,000 "still a magnet" for BTC priceData from Cryptox Markets Pro and TradingView showed BTC/USD reaching $27,666 on Bitstamp.The pair held strength on hourly timeframes after a weekly
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PayPal has been forced to update its 2023 earnings outlook due to its latest financial reports. Multinational digital payment company PayPal (NASDAQ: PYPL) has released the financial report of its earnings in the first quarter of 2023. PayPal benefited from the outbreak of the novel coronavirus in 2020 as more people
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“Overall, we were pleased with the result and would characterize the near-term financial outlook as a modest positive to expectations,” Devin Ryan, JMP Securities financial technology research director, wrote in a note to investors. “Given the continuation of a challenging environment, coupled with all the regulatory headlines, it was nice
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Traders of U.S.-based crypto exchange Coinbase (COIN) will likely get some relief when the company reports first quarter earnings for 2023 on Thursday. Source
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The recent takeover of First Republic Bank, the fourth U.S. bank to fail this year, has awakened concerns about the possible repercussions this new failure might have on U.S. and international economies. While United States President Joe Biden has assured the public that the banking system remains safe, analysts are
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International analysts have called out the supposed use of the national security policy of the U.S. as a tool to justify the establishment of blockades and economic sanctions against countries like China and Russia. While U.S. Treasury Secretary Janet Yellen has recognized that a decoupling of the economies of the
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On April 26, the United States House of Representatives passed a bill to increase the U.S. debt ceiling. This led analysts to weigh its potential impact on the price of Bitcoin (BTC), ranging from highly bearish to overly bullish.Ultimately, U.S. dollar liquidity is the key to both of these opposing viewpoints.“Deflationary
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For Q1 2023, UPS reported adjusted earnings per share (EPS) of about $2.20, whereas analysts expected the company to report an EPS of $2.21. United Parcel Service Inc (NYSE: UPS) shares closed Tuesday’s market trading at $176.29, down 9.99 percent from the day’s opening price. The sudden decline was directly
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