Day: December 4, 2020

Bitcoin and dollar

$3.6 billion of Bitcoin transferred from a long-term storage

Unchained Capital’s ‘hodlwaves’ metric estimates the time since Bitcoin has run on-chain. According to it, about 15% of the Bitcoin had not been transferred for five and seven years. Nov. 1 was finally carried on-chain throughout November. The share of BTC supply represented by coins that were beforehand inert for between two and three years …

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tesla, broker

Swissquote announces collaboration with Tesla regarding

The broker is starting new digital leasing offering to help swiss clients interested in buying new cars cooperating with Tesla. As stated in the press release, the Switzerland-based financial services company intends to concentrate on developing market trends compared to the automotive industry. The broker partnered with Tesla to catch the increasing interest of people …

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turkish lira

Turkish lira surpasses rebound notwithstanding higher inflation

The Turkish lira has staged a notable rebound over the last month as financial markets showcase their reliance on the nation’s drive to a more conservative monetary policy. However, the Turkish lira’s resurgence has allowed the locals to scoop up dollars. It highlights that not everyone believes in the currency’s upward trajectory or the government’s …

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Labor Development

U.S. weekly jobless claims chart on a downward trajectory

The U.S. weekly jobless claims chart fell for first-time applicants fell below the forecasted rate last week. This fall followed the two straight periods of a hike. For the week ending November 28, the initial figure for state unemployment benefits stood at 712,000 after dropping roughly 75,000. This figure does not account for all those …

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