Author: Ambrose Kinder
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Oil prices trend up after U.S. retaliatory strikes in Middle East
Oil prices rose Monday after the U.S. launched retaliatory strikes in Iraq and Syria against Iranian forces and their allies over the weekend, raising the risk that the Middle East is heading toward a broader conflict. The West Texas Intermediate contract for March rose 50 cents, or 0.69%, to settle at $72.78 a barrel. The…
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Oil climbs above $77 amidst Red Sea drama
U.S. crude oil on Friday closed out its best week in more than four months, as positive economic news in the world’s two largest economies raised hopes for more robust crude demand this year. The West Texas Intermediate contract for March gained 65 cents, or 0.84%, to settle at $78.01 a barrel. The Brent contract…
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Oil Outlook: Prices Rise After Ukraine Attacks Major Russian Terminal; Middle East Crisis Persists
Oil prices rose on Tuesday after Ukraine reportedly attacked a major Russia fuel terminal over the weekend, raising renewed concerns about supply disruptions. The West Texas Intermediate futures contract for February gained $1.78, or 2.42%, to settle at $75.19 a barrel. The Brent contract for March rose $1.50, or 1.91%, to settle at $80.06 a…
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Bitcoin Continues Steady Plunge After ETF Approval
Bitcoin has lost 15 per cent of its value over the past two weeks, as some investors use the much-hyped launch of bitcoin exchange traded funds earlier this month to take profits and exit their holdings of the volatile cryptocurrency. The price of bitcoin sank as much as 3 per cent on Tuesday, dipping below…
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Spot Bitcoin ETFs: Everything You Need To Know
For weeks, the crypto as well as investing markets have been inundated with news of Spot Bitcoin Exchange Traded Funds (ETFs), with investors eagerly anticipating the decision of the US Securities and Exchange Commission (SEC). Big investment firms such as BlackRock, Grayscale and Invesco had submitted applications, and the market had anticipated the BTC acquiring…
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SEC Approves Bitcoin ETFs, To Begin Trading on Thursday
Bitcoin: The SEC has finally approved Spot ETFs
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Why Gold?
In the world of investments, where options abound and markets fluctuate, gold stands out as a timeless and reliable asset. Over centuries, gold has retained its intrinsic value and allure, making it a preferred choice for investors looking to preserve and grow their wealth. Here are compelling reasons why gold is considered a good investment.…
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The Need to Invest With Tevason
In today’s financial playground, it is always a struggle for investors to make the best choices when allocating their funds. The ever-evolving market conditions and global uncertainties necessitate a strategic approach to wealth management. Tevason, a leading multi-asset investment company, emerges as a compelling choice for investors seeking stability, diverse investment, and superior returns. One…
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Fears of higher oil prices after Red Sea attacks
Attacks on commercial ships in the Red Sea risk pushing up the price of oil and other goods, analysts have warned. Several firms have paused shipments through the route after vessels were attacked by Houthi rebels in Yemen. The world’s second largest shipping line, Maersk, said on Tuesday that it would reroute some of its…
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Argentina to accept Bitcoin as payment for contractual agreements
Argentina’s new government has confirmed that contracts denominated in Bitcoin can be officially recognized by the country’s courts.This significant decision was confirmed on Thursday, December 21 in a post on X (formerly Twitter) by Argentina’s foreign minister. The adoption of cryptocurrency was an integral part of Argentina’s new President Javier Milei’s campaign manifesto. The historic…