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In a groundbreaking announcement, Memeland, a prominent Web3-focused venture studio, has introduced MemeDay as a new tradition aimed at celebrating community unity within the Web3 space. This inaugural celebration, scheduled for June 9th, is set to blend the vibrant culture of memes with the principles of Web3 technology, creating a unique and festive experience for
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President Vladimir Putin recently outlined his vision for Russia’s economic future at the St Petersburg International Economic Forum. He emphasized the need to reduce imports, increase the use of non-Western currencies in trade settlements, and expand the country’s domestic financial markets. Putin highlighted the significant growth in trade with Asia and the shift towards using
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In early European trade, the U.S. dollar remained relatively stable, hovering around the same levels as the previous day. This was despite the anticipation of key U.S. employment data being released later in the day. The Dollar Index, which tracks the dollar against a basket of other currencies, showed no significant movement at 104.060. This
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The U.S. Department of Transportation has recently made changes to its Transportation Infrastructure Finance and Innovation Act program, specifically focusing on clarifying interest rates for its longest-term loans. This amendment is a part of the 2021 Infrastructure Investment and Jobs Act, which introduced several key provisions to enhance the program. One notable change is the
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The municipal bond market experienced a firming trend on Thursday, marked by a slowdown in the primary market and a return of muni mutual fund inflows. This positive momentum was reflected in triple-A yields, which registered declines ranging from three to eight basis points across different maturities. Both Refinitiv Municipal Market Data and ICE Data
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Samson Mow, CEO at Jan3, known for his optimistic predictions, recently shared his thoughts on when the crypto community can expect Bitcoin to reach the $100,000 price level. According to Mow, Bitcoin first needs to surpass its previous all-time high before a recursive demand shock kicks in, propelling it to $100,000. Even though Bitcoin reached
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Shares of Citigroup (C) have outperformed major equity benchmarks in 2024, with a 22% year-to-date gain compared to the S & P 500’s 13%. However, a detailed technical analysis review using multiple time frames suggests a possible downside reversal. The weekly chart displays a significant and consistent rise in Citigroup from an October low of
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