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  • Fidelity seeks approval for 2 more crypto-metaverse ETFs By Cointelegraph

    Fidelity Investments appeared undeterred by the U.S. Securities and Exchange Commission’s, or SEC’s, rejection of its Wise Origin Trust spot exchange-traded fund (ETF) on Thursday. Following the setback, the company filed two more prospectuses involving crypto-metaverse ETFs for regulatory approval. The proposals are for the Fidelity Crypto Industry and Digital Payments ETF and the Fidelity Metaverse ETF, respectively. In rejecting…

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  • Activist hedge fund Elliott reveals stake in U.S. utility NiSource By Reuters

    © Reuters. (Reuters) – Activist investor Elliott Management disclosed its stake in NiSource (NYSE:) on Friday and said it supported the company’s decision to name a new chief executive officer, sending shares in the utility to a near two-year high. The company on late Thursday named Lloyd Yates as its chief executive officer with Joe Hamrock announcing his retirement after…

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  • S&P 500 Ends Week in Green as Apple Leads Tech Resurgence By Investing.com

    © Reuters. By Yasin Ebrahim Investing.com – The S&P 500 delivered a weekly win Friday, as an Apple-led resurgence in tech helped the broader market recover losses from earlier this week when the Federal Reserve signaled a steeper pace of rate hikes.  The rose 2.4%, the gained 1.7%, or 565 points, the Nasdaq jumped 3.1%. Apple (NASDAQ:) jumped 7% after reporting…

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  • Union Pacific to buy 10 Caterpillar battery locomotives By Reuters

    © Reuters. FILE PHOTO: Caterpillar logo is pictured at the ‘Bauma’ Trade Fair for Construction Machinery, Building Material Machines, Mining Machines, Construction Vehicles and Construction Equipment in Munich, Germany, April 8, 2019. REUTERS/Michaela Rehle/File Pho By Bianca Flowers (Reuters) -Union Pacific Corp plans to buy 10 battery locomotives from Caterpillar Inc (NYSE:), Caterpillar Chief Financial Officer Andrew Bonfield said on…

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  • Terra (LUNA) at risk of 50% drop if bearish head-and-shoulders pattern plays out By Cointelegraph

    (LUNA) may fall to nearly $25 per token in the coming weeks as a head-and-shoulders (H&S) setup develops, indicating a 50% price drop, according to technical analysis shared by CRYPTOPIKK. H&S patterns appear when the price forms three peaks in a row, with the middle peak (called the “head”) higher than the other two (left and right shoulders). All three…

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  • Ubisoft executive responds to the backlash over new NFT platform By Cointelegraph

    © Reuters. Nicolas Pouard, vice president at Ubisoft’s Strategic Innovations Lab, commented on the negative gamer feedback that Ubisoft received after introducing Quartz and Digits, in an interview with Finder. In the interview, Pouard goes on to clarify that Quartz and Digits are a “matter of personal choice” for players who “at no point” will be forced to use them.…

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  • S&P 500 Rides Apple Rally Higher as Tech Fights Back By Investing.com

    © Reuters. By Yasin Ebrahim Investing.com – The S&P 500 rallied Friday, as blowout quarterly results from Apple put tech back into the driving seat following a recent rout amid jitters about a faster pace of U.S. Fed rate hikes.  The rose 1.1%, the gained 0.56%, or 189 points, the Nasdaq jumped 1.6%. Apple (NASDAQ:) rose more than 5% after…

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  • Price analysis 1/28: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX By Cointelegraph

    (BTC) and most major altcoins are turning down from overhead resistance levels, indicating that the sentiment remains negative and traders are selling on every available opportunity. Decentrader analyst Philip Swift said that the on-chain spent profit output ratio (SOPR) metric, which aggregates the price of purchase versus price sold during a given period, indicates that traders are selling their Bitcoin…

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  • London police move to limit Downing Street parties report By Reuters

    © Reuters. British Prime Minister Boris Johnson walks outside Downing Street in London, Britain, January 26, 2022. REUTERS/Hannah McKay/File Photo By James Davey and Elizabeth Piper LONDON (Reuters) -An inquiry into COVID-19 lockdown-breaking gatherings in Downing Street that might determine the future of British Prime Minister Boris Johnson could be further delayed after the police asked for the report to…

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  • Canada budget deficit shrinks over first eight months of 2021/22 By Reuters

    OTTAWA, Jan 28 (Reuters) – Canada recorded a much smaller budget deficit in the first eight months of fiscal 2021/22 compared to the same period a year ago, as the costs of the COVID-19 crisis continued to recede, the finance ministry said on Friday. The April to November shortfall was C$73.70 billion ($57.75 billion) compared with a C$232.02 billion deficit…

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