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emerging markets drive global cryptocurrency adoption despite ongoing challenges

Cryptocurrency ownership is surging globally, particularly in emerging markets, with notable increases in Mexico (8%), the Philippines (7%), and South Africa (7%). Over half of respondents in Nigeria, South Africa, Vietnam, the Philippines, and India own crypto wallets, while interest in investing remains high in Asia and Africa, contrasting with skepticism in Europe and North America. Demographic disparities exist, with younger men showing greater understanding of cryptocurrency compared to women and older individuals.
Cointelegraph
United States Dollar Euro IND GBR PHL ITA NGA USA ARG TUR CAN JPN ZAF DEU FRA MEX KOR VNM Show more
Finance & Economy, Market Report
20:48 12.12.2024

Costco Wholesale Insider Sales and Institutional Investment Activity Update

Costco Wholesale's stock was sold at an average price of $894.68, totaling $1,266,866.88, resulting in a 4.91% decrease in ownership for the executive vice president, who now holds 27,400 shares valued at $24.5 million. In the past ninety days, insiders sold 11,016 shares worth nearly $9.8 million, with institutional investors owning 68.48% of the stock. Analysts have raised price targets for Costco, with UBS Group setting a new target of $1,040, indicating a potential upside of 4.42%.
MarketBeat
Costco Wholesale Corporation KOR ISL USA SWE CAN CHN FRA ESP TWN PRI NZL MEX AUS GBR JPN Richard Galanti Russell D. Miller Show more
TradFi, Market Report
20:27 12.12.2024

costco wholesale insider trading activity and hedge fund investments update

Costco Wholesale's stock was sold at an average price of $894.68, totaling $1,266,866.88, resulting in a 4.91% decrease in ownership for the executive vice president, who now holds 27,400 shares valued at $24.5 million. In the past ninety days, insiders sold 11,016 shares worth nearly $9.8 million, with institutional investors owning 68.48% of the company. Analysts have raised price targets for Costco, with UBS Group setting a new target of $1,040, indicating a potential upside of 4.42%.
MarketBeat
Costco Wholesale Corporation GBR ESP CAN AUS NZL USA SWE TWN FRA MEX ISL KOR CHN JPN PRI Russell D. Miller Richard A. Galanti Show more
Finance & Economy, Market Report
20:27 12.12.2024

Australian superannuation fund AMP invests 27 million dollars in Bitcoin

AMP, an Australian superannuation fund, has invested approximately $27 million in Bitcoin, marking it as the first major Australian fund to do so. This investment represents a conservative 0.05% of its $57 billion assets under management, acquired during Bitcoin's price rally following Donald Trump's electoral victory. Despite this move, other Australian superannuation funds remain hesitant to adopt Bitcoin, viewing it as too risky.
Cointelegraph
United States Dollar MicroStrategy Inc ARK 21Shares Bitcoin ETF KOR USA GBR AUS Donald Trump Jimmy Patronis Sam Roberts Show more
Finance & Economy, Market Report
20:16 12.12.2024

pi network surpasses binance user base in south korea ahead of launch

Pi Network has surpassed Binance in user numbers in South Korea, boasting 1.34 million users, while the exchange has fewer. The project, which allows smartphone mining, is nearing the launch of its open mainnet, pending final verifications, with 14 million users already meeting requirements. The deadline for the remaining verifications is set for December 31.
CryptoPotato
Coinbase Global, Inc. MYS IND VNM SGP KOR CHN JPN Show more
Cryptocurrency News, News Article
18:16 12.12.2024

global markets mixed as central banks signal potential interest rate cuts

World shares showed mixed results as investors awaited a likely interest rate cut from the European Central Bank. While Germany's DAX and Britain's FTSE 100 saw slight gains, U.S. futures dipped ahead of the Federal Reserve's upcoming meeting, where further rate cuts are anticipated to support a slowing economy. In Asia, Chinese shares rose amid government economic plans, while Japan's Nikkei 225 advanced, driven by technology stocks.
Yahoo Finance
Chinese Yuan United States Dollar Japanese Yen South Korean Won Euro Advantest Corp Tokyo Electron Ltd IND GBR HKG USA TWN DEU FRA AUS THA KOR CHN JPN Show more
Finance & Economy, Market Report
06:36 12.12.2024

world shares mixed as central banks signal potential interest rate cuts

World shares showed mixed results as investors awaited a likely interest rate cut from the European Central Bank. U.S. stock indexes rebounded, with the S&P 500 rising 0.8% and the Nasdaq composite reaching a record close above 20,000, driven by tech stocks. Meanwhile, inflation in the U.S. ticked up slightly to 2.7% in November, indicating ongoing price pressures.
WPLG
Chinese Yuan United States Dollar Japanese Yen South Korean Won Euro Advantest Corp Tokyo Electron Ltd IND GBR HKG USA TWN FRA AUS THA KOR CHN JPN Show more
Finance & Economy, Market Report
06:36 12.12.2024

asian shares rise as wall street rally boosts investor confidence

Asian shares mostly rose, following a Wall Street rally, as U.S. inflation data suggested potential Federal Reserve support for the economy. The Hang Seng surged 1.4%, while the Nikkei 225 gained 1.2%. In the U.S., the S&P 500 climbed 0.8%, driven by tech stocks, despite a slight dip in the Dow.
kstp.com
United States Dollar Japanese Yen Euro Tesla, Inc. Amazon.com, Inc. General Electric Co The Kroger Co. Stitch Fix, Inc. Macy's, Inc. IND HKG USA TWN THA AUS KOR CHN JPN Elon Musk Show more
Finance & Economy, Market Report
06:36 12.12.2024

Asian shares rise as Wall Street rallies on inflation update

Asian shares rose as Wall Street's rally continued, buoyed by an inflation update that suggests potential Federal Reserve support for the economy. The Hang Seng surged 1.7%, while Tokyo's Nikkei 225 gained 1.3%, driven by technology stocks. In the U.S., the S&P 500 climbed 0.8%, with Tesla jumping 5.9% and Stitch Fix soaring 44.3% after better-than-expected earnings.
ABC News
United States Dollar Japanese Yen Euro Amazon.com, Inc. Macy's, Inc. Walmart Inc. Tesla, Inc. COSTCO WHOLESALE General Electric Co The Kroger Co. Stitch Fix, Inc. IND HKG TWN THA AUS KOR CHN JPN Elon Musk Stan Choe Matt Ott Show more
Finance & Economy, Market Report
06:36 12.12.2024

asian shares rise as wall street rally boosts investor confidence

Asian shares rose Thursday, buoyed by a Wall Street rally and positive inflation updates that may lead to further Federal Reserve support for the economy. The Hang Seng surged 1.7%, while the Nikkei 225 gained 1.3%, driven by technology stocks. In the U.S., the S&P 500 climbed 0.8%, marking its first two-day gain in nearly a month, as inflation ticked up slightly to 2.7% in November.
The Hill
United States Dollar Japanese Yen Euro Amazon.com, Inc. Macy's, Inc. Walmart Inc. Tesla, Inc. COSTCO WHOLESALE General Electric Co The Kroger Co. Stitch Fix, Inc. IND HKG USA TWN THA AUS KOR CHN JPN Elon Musk Stan Choe Matt Ott Show more
Finance & Economy, Market Report
06:36 12.12.2024
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