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Author: Sam Allcock
Gold is experiencing a significant upswing in 2024, marking unprecedented gains in its market value. Notably, prices have soared above $2,600, catching the attention of investors globally.From retail investors to central banks, there’s a burgeoning interest in gold as it steadily appreciates. With a current increase of nearly 27% since the start of the year, the precious metal presents a promising outlook.In 1979, gold prices ascended by an impressive 126%, a record that remains unchallenged to this day. Comparatively, the year 2007 witnessed a 32% rise. With its impressive performance in 2024, many are speculating whether this year might surpass…
A three-day nationwide crackdown on people-smuggling gangs has resulted in the arrest of 31 individuals across the UK. The operation, spearheaded by the Home Office, targeted those exploiting the Common Travel Area (CTA) and profiting from illegal migration. In a coordinated effort involving Immigration Enforcement, UK police forces, and international partners, the crackdown focused on key locations including Belfast, Scotland, Liverpool, and Luton. The raids were aimed at disrupting smuggling routes and dismantling criminal networks that charge vulnerable migrants large sums to enter the UK illegally, often under false pretences. Officers carried out extensive checks at major ports, airports, and…
As the cryptocurrency market enters another bullish phase, particular assets are making noteworthy moves. Attention is drawn to three cryptocurrencies this week with promising short-term prospects.The global cryptocurrency market cap has increased to $2.33 trillion. This growth may be attributed to the recent 50 basis point cut in interest rates by the Federal Reserve, the first such action in four years. This reduction often encourages higher risk investment. Highlighted here are Solana, Ripple’s XRP, and Avalanche, prominent cryptocurrencies warranting attention.Solana, symbolised as SOL, has demonstrated remarkable performance in recent days. The asset has surged by 11.8% on the weekly charts…
Heavy rain and thunderstorms expected on Monday, 23 September, could result in significant surface water flooding across parts of England, authorities have warned. The Environment Agency is advising people to stay updated on weather conditions, check their flood risk, and exercise caution when planning travel. Persistent downpours and storm activity could bring localised flooding to urban areas and low-lying regions, with the potential for some properties to be affected and transport disrupted. While the threat of river flooding remains low, the risk from surface water flooding is heightened, particularly in areas where drains and water systems may struggle to cope…
UK firms are warning about price hikes due to a new packaging tax.The upcoming extended producer responsibility (EPR) scheme aims to fund recycling efforts.Costs are expected to shift from councils to businesses, impacting product prices.Soft drinks, beer, and small kitchen appliances are among the items likely to increase in price.The glass industry is negotiating feasible approaches to manage increased costs.UK companies have expressed concerns regarding a new packaging tax that is set to raise the prices of several everyday items. This tax, known as the extended producer responsibility (EPR) scheme, is designed to fund recycling initiatives by transferring the cost…
The world of cryptocurrency offers investors a chance for substantial returns by earmarking promising meme coins priced under $0.01.This exploration highlights coins with potential for significant growth by 2025, appealing to investors seeking high-yield opportunities.Pepe, an Ethereum-based meme coin inspired by the iconic Pepe the Frog, has caught the cryptocurrency community’s attention. The coin’s deflationary model, driven by a coin-burning mechanism, enhances its scarcity, potentially boosting its value. By mid-2023, it achieved a market cap of $1.6 billion.Price predictions estimate Pepe could average $0.0000365 by 2025, potentially reaching $0.0000413. Analysts anticipate that Pepe might ascend alongside major meme coins like…
A study by Which? highlights a significant price disparity between convenience stores and larger supermarkets.Supermarket convenience branches can charge shoppers as much as 21% more than their larger counterparts for the same items.Morrisons shows the greatest price difference, with costs up by 21% at its Daily stores.Tesco and Sainsbury’s convenience outlets also charge more, citing higher operational costs.Consumers reliant on smaller stores face spending more annually on groceries.A recent investigation conducted by the consumer group Which? has uncovered that supermarket convenience stores may charge customers up to 21% more than larger supermarkets for the same grocery products. This study focused…
The year 2024 may mark a turning point for Bitcoin, with expectations of the digital currency reaching unprecedented levels.Several factors, including historical trends, regulatory shifts, and market sentiment, indicate that Bitcoin could hit $100K by the year’s final quarter.Historic PerformanceAssessing Bitcoin’s past performance unveils a pattern of strength during the final quarter of the year. Data indicates that Bitcoin has concluded seven out of eleven years on a high note, with the last quarter of the previous year witnessing a substantial rise exceeding 56%. This trend suggests that Quarter 4 remains the most bullish period, with an average quarterly return…
In a significant move, Kamala Harris has entered the cryptocurrency discussion, pledging support for digital innovation.Her focus is on creating an opportunity economy by merging technology with robust regulations to maintain a competitive advantage.Kamala Harris Addresses Crypto For The First TimeDemocratic nominee Kamala Harris has officially commented on the cryptocurrency industry, marking a potential resurgence in the US economic landscape. At a Wall Street fundraiser, she stated her intent to be a catalyst for innovation if elected president. Harris aims to build a robust “opportunity economy” by aligning with laborers, founders, and major corporations.She expressed a commitment to fostering innovation…
Explore the potential rise of XRP if Bitcoin achieves a staggering $13 million valuation. Delve into market dynamics and investment prospects.The cryptocurrency realm is abuzz with Michael Saylor’s prediction that Bitcoin could soar to $13 million, sparking debates on the implications for altcoins like XRP. As investors navigate this landscape, understanding the projected growth offers both opportunities and challenges.Saylor’s Ambitious Bitcoin ForecastMichael Saylor, the Chairman of MicroStrategy, believes Bitcoin could capture 7% of global capital, potentially driving its value to $13 million by 2045. This bold prediction is underpinned by Bitcoin’s lack of counterparty risk. Since 2020, MicroStrategy has invested…