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Author: Sam Allcock
In recent days, the cryptocurrency market has observed noteworthy movements in Solana (SOL), suggesting potential bullish activity. As short interest decreases, Solana stands at the forefront of a possible price breakout.Solana’s token, SOL, recently achieved a significant milestone by reaching a two-week high of $139, showcasing its resilience. While the price experienced a minor pullback over the weekend to $129, this does not signal a long-term bearish trend.The past week’s surge from $120 to $139 was driven by macroeconomic factors, including positive labour market data and inflation. This double-digit growth positioned Solana favourably among top cryptocurrencies, surpassing Bitcoin and Ethereum…
The inflation rate for August 2024 has shown no change, maintaining its level from the previous month.In August 2024, the Consumer Prices Index (CPI) rose by 2.2%, consistent with July’s figures.The more comprehensive Consumer Prices Index, including owner occupiers’ housing costs (CPIH), stood steady at 3.1%.Clothing and footwear prices witnessed a slower growth in August at 1.6% compared to July’s 2%.Air fares contributed significantly to the unchanged inflation rate, diverging from last year’s decreasing trend.The inflation rate, as measured by the Consumer Prices Index (CPI), held steady at 2.2% in August 2024. This marks a continuation from the previous month’s…
Cryptocurrency investments often promise the allure of financial freedom. Many investors aspire to achieve independence through these digital assets.For some, like a notable Ethereum holder, this aspiration is not just about accumulating wealth but living a balanced life. His story of enjoying the “FIRE” movement sheds light on how strategic staking can lead to financial independence.Owning more than 2000 ETH, one investor has leveraged Ethereum staking as a means to realise the FIRE lifestyle. This process involves locking up ETH to validate transactions on the network, providing both financial security and network efficiency.By staking his crypto assets, the investor highlights…
Solana’s current price dynamics have sparked considerable interest among traders and analysts alike. The cryptocurrency is at a crucial junction, with its value teetering around significant resistance and support levels.As Solana navigates market fluctuations, it faces pivotal moments that could determine its short-term trajectory. The pressing challenge now is whether Solana will succeed in overcoming the $140 resistance or falter, potentially dropping to $120. This scenario unfolds amidst a backdrop of technical indicators and significant community events.Solana is at a critical juncture, with a crucial need to recover the $140 mark to avert further losses. As noted by analyst Dom,…
The cryptocurrency market is currently witnessing a period of mixed trading patterns, with diverse movements across major coins.Bitcoin remains stable at $58,000, while Ethereum and other significant altcoins display fluctuating trends.Bitcoin has maintained its position between $58,000 and $59,000, achieving $58,837—reflecting a slight increase of 0.05%. Increased trading volume at 5.72% signifies heightened network activity. Interestingly, Bitcoin ETFs observed an inflow of $12.90 million. MicroStrategy, a prominent Bitcoin holder, declared plans to acquire more Bitcoin through $700 million in convertible notes.TRX exhibited an upward movement, increasing by 0.81% to $0.1501. Meanwhile, Toncoin experienced a decline of 0.46%, reducing to $5.47.The…
Asda is reassessing its agency partnerships to continue offering value.The review reflects changing customer demands in the supermarket sector.Business agency Ingenuity will oversee the review process.The review aligns with the ‘Pitch Positive Pledge’ guidelines.Havas London, Asda’s creative agency for seasonal campaigns, will re-pitch.Asda is conducting a thorough review of its creative and media agency accounts to ensure its suppliers maintain their ability to provide ”uncompromising value” to customers. This strategic move is driven by the dynamic nature of customer needs, highlighting the importance of staying aligned with consumer expectations.By engaging business agency Ingenuity to manage the process, Asda seeks a…
This year, significant legal disputes have shaken the UK grocery sector, influencing major players and impacting thousands. From employment rights to product labeling, these cases reveal the ongoing challenges within the industry.A landmark case involving Asda and its predominantly female workforce raises issues of pay inequality compared to warehouse workers.Tesco faces legal setbacks in its ‘fire and rehire’ practices, impacting its UK distribution network.Oatly successfully defends its use of ‘milk’ against the UK dairy industry in a High Court ruling.The Deliveroo case clarification on employment status affects riders’ rights under UK labour law.The Diageo lawsuit exposes issues of environmental impact…
Lincolnshire Co-op commits to sustainability with a £2m solar expansion.The expansion spans 62 new solar-powered store sites by 2025.Solar energy usage is set to significantly reduce CO2 emissions.Partnership with SOL PV Group led initial solar implementations.Lincolnshire Co-op extends efforts to reduce food waste with technological tools.Lincolnshire Co-op is demonstrating its commitment to a sustainable future by investing over £2 million in solar panel installations across an additional 62 stores. Previously, the retailer operated 11 sites equipped with solar panels, generating 225,000 kilowatt-hours annually. The new installations are expected to produce an additional 1.8 million kilowatt-hours per year.Approximately 30% of the…
Waitrose has committed £10m to lower prices on nearly 250 products within its No.1 and Duchy Organic ranges, continuing its efforts to offer premium quality at reduced costs.In the initial phase, significant price reductions have been made on more than 80 No.1 and 45 Duchy products, such as cheese, croissants, and pork joints.Highlighted products include No.1 Vintage Cornish Cheddar and Duchy Organic Basmati Rice, which have seen notable price cuts.This development marks the sixth price reduction initiative by Waitrose since early 2023, totalling an investment of £140m in affordability.The campaign, dubbed ‘New Lower Prices’, has achieved an overall price reduction…
Ultiverse pioneers a novel digital landscape through the fusion of AI and blockchain.By revolutionising how we engage, it creates a dynamic space where users seamlessly connect their digital and real worlds.Overview of the Ultiverse ProjectUltiverse stands as a pioneering amalgamation of Artificial Intelligence and blockchain technology, reshaping digital engagement. Drawing inspiration from cinematic realms like ‘Ready Player One’ and ‘Westworld,’ it offers a rich gaming ecosystem. AI and blockchain’s integration allows users to seamlessly merge digital and real-world values, fostering an interactive digital society.The project’s design embarks on transforming how we perceive digital ecosystems. By employing cutting-edge blockchain functionalities, Ultiverse…