(MENAFN - Daily Forex) Fundamental Analysis & Market SentimentI wrote on 3rd May that the best trades for the week would be: Long of Brent Crude Futures if we get a daily close above $112.50. This ...
(MENAFN - Daily Forex) Having seen a high around the 1.36450 mark on Wednesday, the GBP/USD went into this weekend around 1.36274. The currency pair has been correlating to the global Forex market ...
GPs and hospitals will be required to share patient data under legislation to be announced in the king’s speech on Wednesday. Legislation to create a single patient record (SPR) for each person, which would be used across all healthcare providers, is part of a £10bn digitisation of the health service. The health secretary, Wes Streeting, [...] The post GPs and hospitals in England to be required to share data to create single patient records appeared first on NYT News Today .
Urban sewers: a methane source hiding under cities Scientists reported that urban sewers may be a surprisingly significant source of methane emissions. Methane is highlighted as the world’s second most important greenhouse gas after carbon dioxide, making any additional emissions sources relevant...
A hidden neural signal tells the body to stop scratching Researchers reported identifying a brain signal that acts like an internal “stop scratching” switch. The finding centers on how the body manages itching: instead of itch only pathways driving prolonged scratching, there is a distinct neural...
Amy Dowden mourns close friend who died after childbirth Amy Dowden has publicly shared that her best friend died suddenly a day after giving birth to her son. Dowden announced the loss last weekend, and the news immediately emphasized how closely the two women’s lives were intertwined. The timing...
“Dirty Frag” adds a no fix Linux root path A Linux privilege escalation vulnerability dubbed “Dirty Frag” has been disclosed as a new route to root access across major Linux distributions. The issue is described as a kernel flaw enabling root privilege escalation, and it’s notable because the...
The Peugeot 2008 isn’t a car you buy because it stirs the soul.
Edge AI deployments are rising due to promises of real-time responses, reduced network dependence, and — as physical AI that can interact with the real world is piloted — more opportunities for automation. The post As Edge AI grows, AMD bullish on embedded microprocessor sector appeared first on Newsbytes.PH .
(MENAFN - IANS) Hyderabad, May 10 (IANS) Prime Minister Narendra Modi on Sunday appealed to citizens to conserve fuel, use public transport, revive work from home, avoid non-essential goods purchase ...
According to the latest on-chain data, the Ethereum-native iteration of USDT, the world’s largest stablecoin, has just witnessed its largest exchange outflow in recent months. 1.29 Billion USDT Flow Out Of Crypto Exchanges In a May 9th post on the X platform, blockchain analytics firm Santiment revealed that USDT on the Ethereum network recently recorded its largest flow out of exchanges in months. Around 1.29 billion stablecoins (the highest since February) were transferred out of exchanges on Friday, May 8th. This on-chain observation is based on the change in the Exchange Flow Balance indicator, which measures the net amount of tokens moving into and out of centralized exchange addresses. Related Reading: This 1 Chart Explains Why Bitcoin Is Winning And Ethereum Is Losing Right Now A spike in the Exchange Flow Balance metric indicates that more tokens (USDT, in this case) are flowing to centralized exchanges. On the other hand, when the indicator declines, it suggests that investors are withdrawing assets from these trading platforms. Santiment explained the significance of investors moving their USDT away from exchanges, noting that this would ordinarily mean they are withdrawing their buying power from trading platforms where they can use it for instant cryptocurrency purchases. On the surface, this reduction of buying power (or capital) on exchanges is a bearish signal for crypto markets. However, the analytics firm believes that the significant USDT outflows (of this reported magnitude) suggest that institutional investors are moving capital to self-custody wallets, DeFi protocols, or OTC (over-the-counter) desks ahead of larger planned transactions. Therefore, capital is believed to be flowing out of the ecosystem, not entirely, but being repositioned for even larger purposes. Santiment also highlighted the pattern often surrounding exchange outflow spikes of this magnitude. For instance, as observed in the chart below, the Bitcoin price witnessed a mini-pullback over the subsequent two weeks following the 3.72 billion USDT outflow on February 9. What’s more interesting is that this pullback birthed the buying opportunity that has seen the Bitcoin price jump by more than 30% in the past few months. Santiment concluded in the social media post: Whether this current capital re-enters exchanges as buying pressure in the near term is the key variable to monitor. If USDT begins flowing back onto exchanges in the coming days, it would signal that deployment into crypto assets is imminent. Crypto Market Capitalization As of this writing, the total cryptocurrency market capitalization stands at around $2.66 trillion, up nearly 4% over the past week. Related Reading: 14,600 Bitcoin Sold in Profit in One Day: Here Is How BTC’s Own Structure Broke It Below $80K Featured image from iStock, chart from TradingView
Manning & Napier Advisors LLC lessened its stake in shares of EOG Resources, Inc. (NYSE:EOG – Free Report) by 6.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,496 shares of the energy exploration company’s stock after selling 4,728 shares during the [...]