Weekly Market Highlights
📊 Key Events This Week:
1. OPEC Monthly Report - Tuesday
2. August CPI Inflation data - Wednesday
3. Initial Jobless Claims data - Thursday
4. August PPI Inflation data - Thursday
5. Continuing Jobless Claims data - Thursday
6. MI Consumer Sentiment data - Friday
🇺🇸 Donald Trump says he will charge a 100% tariff on countries shifting away from the US Dollar, if elected President.
📊 Growth in GDP (current prices) between 2003-2023.
🇨🇳 China: 966%
🇮🇳 India: 503%
🇮🇩 Indonesia: 455%
🇸🇦 Saudi Arabia: 395%
🇷🇺 Russia: 303%
🇧🇷 Brazil: 281%
🇹🇷 Turkey: 265%
🇨🇦 Canada: 136%
🇺🇸 US: 135%
🇩🇪 Germany: 77%
🇫🇷 France: 65%
🇬🇧 UK: 61%
🇮🇹 Italy: 38%
🇯🇵 Japan: -6%
💰 TON Foundation announced an additional $24 million for its program to develop DeFi projects on the #TON network. The total amount of the initiative has now exceeded $75 million.
🇸🇻 El Salvador adopted #Bitcoin as legal tender 3 years ago today 🙌
💰 “Bitcoin is being traded as a risk asset, when in fact #btc is “protection” or insurance.”
🔥 🇺🇸 A new report from River, a #Bitcoin 💰 fintech company, predicts that 10% of U.S. 🇺🇸 based companies will convert 1.5% of their treasury reserves equating to roughly $10.35 billion into #Bitcoin over the next 18 months 👀
⚡️#FriendTech, the once-popular Web3 social network, has been shut down after its developers relinquished control over its smart contracts.
A revival of the platform appears unlikely as the contract ownership revocation hinders any potential takeover by a new team.
💰 Tether Invests $100M in Leading Agriculture 🧑🌾 Firm #Adecoagro Amid Growing Stablecoin Rivalry.
#cryptonews
1. OPEC Monthly Report - Tuesday
2. August CPI Inflation data - Wednesday
3. Initial Jobless Claims data - Thursday
4. August PPI Inflation data - Thursday
5. Continuing Jobless Claims data - Thursday
6. MI Consumer Sentiment data - Friday
🇺🇸 Donald Trump says he will charge a 100% tariff on countries shifting away from the US Dollar, if elected President.
📊 Growth in GDP (current prices) between 2003-2023.
🇨🇳 China: 966%
🇮🇳 India: 503%
🇮🇩 Indonesia: 455%
🇸🇦 Saudi Arabia: 395%
🇷🇺 Russia: 303%
🇧🇷 Brazil: 281%
🇹🇷 Turkey: 265%
🇨🇦 Canada: 136%
🇺🇸 US: 135%
🇩🇪 Germany: 77%
🇫🇷 France: 65%
🇬🇧 UK: 61%
🇮🇹 Italy: 38%
🇯🇵 Japan: -6%
💰 TON Foundation announced an additional $24 million for its program to develop DeFi projects on the #TON network. The total amount of the initiative has now exceeded $75 million.
🇸🇻 El Salvador adopted #Bitcoin as legal tender 3 years ago today 🙌
💰 “Bitcoin is being traded as a risk asset, when in fact #btc is “protection” or insurance.”
🔥 🇺🇸 A new report from River, a #Bitcoin 💰 fintech company, predicts that 10% of U.S. 🇺🇸 based companies will convert 1.5% of their treasury reserves equating to roughly $10.35 billion into #Bitcoin over the next 18 months 👀
⚡️#FriendTech, the once-popular Web3 social network, has been shut down after its developers relinquished control over its smart contracts.
A revival of the platform appears unlikely as the contract ownership revocation hinders any potential takeover by a new team.
💰 Tether Invests $100M in Leading Agriculture 🧑🌾 Firm #Adecoagro Amid Growing Stablecoin Rivalry.
#cryptonews
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