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  • Will Mining Die With Ethereum 2.0?

    Will Mining Die With Ethereum 2.0?0

    The crypto community is celebrating the coming of Ethereum 2.0, however, there are also concerns for miners. Since Ethereum has switched to a proof-of-stake model, mining Ether will no longer be necessary. Due to this, mining machinery will become obsolete, leaving miners with fewer options. KEY TAKEAWAYS Ethereum merge is the transition from proof-of-work consensus

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  • Oil prices and financial markets brace for recession

    Oil prices and financial markets brace for recession0

    The apparent contradiction between the real economy and financial markets has puzzled some commentators but is normal around a peak in the business cycle. U.S. economic data remains strong but a range of financial indicators point to a sharp slowdown over the next year that would dampen oil consumption and lead to lower prices. financial

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  • Japan Set To Waive Some Visa Requirements In October To Boost Tourism

    Japan Set To Waive Some Visa Requirements In October To Boost Tourism0

    Following the change, Japan will not require visas for short-term travelers from the United States and certain other countries, and will scrap the daily entry cap of 50,000 people, the media outlet said. to waive visa requirements for certain tourists and remove a limit on daily arrivals in October as it aims to benefit from a rebound

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  • What to Expect in the Markets Next Week

    What to Expect in the Markets Next Week0

    U.S. equity markets rose for a third straight day on Friday, snapping a three-week losing streak for the major averages. It was a broad-based advance, with all but six of the Dow’s constituents posting gains. For the week, the Dow closed 2.7% higher, the S&P 500 added 3.7%, while the Nasdaq gained over 4%. Treasury

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  • Asia FX Sees Little Relief as Dollar Rally Pauses; ECB in Focus

    Asia FX Sees Little Relief as Dollar Rally Pauses; ECB in Focus0

    Most Asian currencies moved in a flat-to-low range on Thursday as the dollar came off 20-year highs, with focus turning to an upcoming European Central Bank meeting for more cues on global monetary policy tightening. for more cues on global monetary policy tightening. for more cues on global monetary policy tightening. China’s yuan and the

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  • Rupee likely to depreciate on strong dollar, risk aversion in global markets

    Rupee likely to depreciate on strong dollar, risk aversion in global markets0

    Created economies are enduring a shot from the dollar’s appreciation to multi-decade highs in manners that were again recognizable to their developing business sector peers. The Fed’s exchange weighted dollar list versus progressed economies has taken off 10% this year to the most grounded starting around 2002, while the developing business sectors measure is up

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