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@Foxcrypito47489442
Somos um desenvolvedor de conteúdo, Com foco em notícias e análises gráficas sobre o mercado de Cripitomoedas em geral.
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Investing in quantum computing companies is like buying bitcoin in 2016, says CEO
Race for quantum supremacy
Edwards reveals that China is the country that currently invests the most in quantum computing, with a total budget of US$ 15.3 billion. The amount is five times greater than that spent by the United States.
As of Donald Trump's inauguration, Edwards projects that the United States will accelerate its investments in the sector so as not to fall behind in the race for quantum supremacy:
“Excluding private investments, the Quantum Leadership Act of 2024 is being immediately forwarded to the Senate to direct an additional US$ 2.5 billion in funding for the development of the sector over the next 5 years.”
$BNB $SOL $BTC
The market capitalization of the shares of the four companies dedicated exclusively to quantum computing in the US is currently US$ 10 billion – 11 times smaller than that of memecoins
With global public and private investment initiatives in the sector, studies by consulting firms McKinsey and Boston Consulting Group (BCG) predict exponential growth in the coming years.
BCG estimates that there are “more than 100 use cases arising from four types of computational problems in which quantum processing could offer significant technological advantages” over current systems.
The disruption caused by quantum computing will revolutionize sectors such as finance, medicine, materials engineering, AI, cryptography, data security and privacy, among others.
Race for quantum supremacy
Edwards reveals that China is the country that currently invests the most in quantum computing, with a total budget of US$ 15.3 billion. The amount is five times greater than that spent by the United States.
As of Donald Trump's inauguration, Edwards projects that the United States will accelerate its investments in the sector so as not to fall behind in the race for quantum supremacy:
“Excluding private investments, the Quantum Leadership Act of 2024 is being immediately forwarded to the Senate to direct an additional US$ 2.5 billion in funding for the development of the sector over the next 5 years.”
$BNB $SOL $BTC
The market capitalization of the shares of the four companies dedicated exclusively to quantum computing in the US is currently US$ 10 billion – 11 times smaller than that of memecoins
With global public and private investment initiatives in the sector, studies by consulting firms McKinsey and Boston Consulting Group (BCG) predict exponential growth in the coming years.
BCG estimates that there are “more than 100 use cases arising from four types of computational problems in which quantum processing could offer significant technological advantages” over current systems.
The disruption caused by quantum computing will revolutionize sectors such as finance, medicine, materials engineering, AI, cryptography, data security and privacy, among others.
very good
Richard Teng
--
Honored to see #Binance ranked as the most visited cryptocurrency platform in 2024, according to Cloudflare.
Beyond crypto, we’ve also achieved 6th place globally in financial services!
Big thanks to our community for making this possible!
Source: @CoinsauceCrypto
Beyond crypto, we’ve also achieved 6th place globally in financial services!
Big thanks to our community for making this possible!
Source: @CoinsauceCrypto
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Bitcoin surpasses $100,000: a milestone
Bitcoin surpassed the $100,000 mark for the first time on Thursday, riding a wave of optimism fueled by expectations of a pro-crypto regulatory environment under U.S. President-elect Donald Trump.
$RENDER $NEAR $ZRO
The milestone highlights Bitcoin’s growing acceptance in traditional finance and the potential for broader institutional adoption.
Investors are banking on Trump's crypto-friendly policies, which aim to establish the US as a global leader in digital assets.
$RENDER $NEAR $ZRO
The milestone highlights Bitcoin’s growing acceptance in traditional finance and the potential for broader institutional adoption.
Investors are banking on Trump's crypto-friendly policies, which aim to establish the US as a global leader in digital assets.
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Altcoin season begins? XRP, HBAR, KAIA lead gains after Bitcoin consolidation
Altcoins took center stage as Bitcoin continued to consolidate below the coveted $100,000 mark, signaling that the long-awaited altseason may finally be here.
Over the past 24 hours, Bitcoin has shown a lot of volatility, trading between $94,878 and $98,145 before finding its high above $96,000 at press time.
There has been a lot of Bitcoin buying activity in recent days, but most of it has come from institutions as retail investors have shifted to altcoins.
Over the past 24 hours, Bitcoin has shown a lot of volatility, trading between $94,878 and $98,145 before finding its high above $96,000 at press time.
There has been a lot of Bitcoin buying activity in recent days, but most of it has come from institutions as retail investors have shifted to altcoins.
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#BTC🔥🔥🔥🔥🔥 El Salvador's Bitcoin Treasury Grows $500 Million as Cryptocurrency Rises Sparks Global Debates!!!!!
With around 6,153 bitcoins accumulated since the end of 2021, the country has recorded unrealized gains of over $117 million, according to the Nayib Bukele Portfolio Tracker.
$BTC $DOGE $SOL
The value of BTC, currently quoted above $80,000, results in an 85% increase in the Salvadoran government's portfolio, which is betting on cryptocurrency as a strategic reserve.
Since November 2022, the Salvadoran government has implemented a strategy of purchasing 1 BTC daily. To date, this tactic has accumulated 727 bitcoins, with an impressive return of 95.7%.
The largest appreciations, however, are associated with purchases made during the BTC bear market in 2022, when 80 bitcoins were acquired for around $19,000 each. These assets are now showing an appreciation of 332.8%, highlighting Bitcoin's potential in times of crisis.
With around 6,153 bitcoins accumulated since the end of 2021, the country has recorded unrealized gains of over $117 million, according to the Nayib Bukele Portfolio Tracker.
$BTC $DOGE $SOL
The value of BTC, currently quoted above $80,000, results in an 85% increase in the Salvadoran government's portfolio, which is betting on cryptocurrency as a strategic reserve.
Since November 2022, the Salvadoran government has implemented a strategy of purchasing 1 BTC daily. To date, this tactic has accumulated 727 bitcoins, with an impressive return of 95.7%.
The largest appreciations, however, are associated with purchases made during the BTC bear market in 2022, when 80 bitcoins were acquired for around $19,000 each. These assets are now showing an appreciation of 332.8%, highlighting Bitcoin's potential in times of crisis.
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NEW BITCOIN BULL CYCLE SURPASSES 82K..
With the American Election, and the New President elected Donald Trump, a new bullish cycle begins in BITCOIN and Cryptocurrencies.
He has always been a supporter of new technologies and also involved Elon Musk in his Presidential Cabinet.
In which his position in the government has not yet been defined.
There has been recent involvement with links between Putin and the President of Ukraine.
Where Elon Musk was present information from American CNN.
$BTC $RENDER
$NEAR
He has always been a supporter of new technologies and also involved Elon Musk in his Presidential Cabinet.
In which his position in the government has not yet been defined.
There has been recent involvement with links between Putin and the President of Ukraine.
Where Elon Musk was present information from American CNN.
$BTC $RENDER
$NEAR
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How can Wars impact the performance of Cryptocurrencies??? Middle East on Alert!!!!
<t-36/><t-37/><t-38/>#BTC☀️
Bitcoin falls as war escalates between Iran and Israel
Wars are obviously not synonymous with prosperity. Because of this, markets tend to react negatively to these geopolitical events. In the current case, the conflict escalated after Israel killed Hassan Nasrallah, leader of the terrorist group Hezbollah, last week.$BTC
$SOL
Since then, Bitcoin has lost about 4% of its value, following losses in other markets due to the geopolitical conflict. However, it is worth noting that this is not the first time this has happened. In April, Iran launched an attack with more than 200 drones and missiles against Israel. On that date, both Bitcoin and other cryptocurrencies collapsed.
Bitcoin falls as war escalates between Iran and Israel
Wars are obviously not synonymous with prosperity. Because of this, markets tend to react negatively to these geopolitical events. In the current case, the conflict escalated after Israel killed Hassan Nasrallah, leader of the terrorist group Hezbollah, last week.$BTC
$SOL
Since then, Bitcoin has lost about 4% of its value, following losses in other markets due to the geopolitical conflict. However, it is worth noting that this is not the first time this has happened. In April, Iran launched an attack with more than 200 drones and missiles against Israel. On that date, both Bitcoin and other cryptocurrencies collapsed.
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Millions in BTC movement draws investors' attention!!!
Grayscale transfers 649,454 Bitcoins worth US$$ 39.45 million to unknown address
According to PANews, Arkham's monitoring data revealed that Grayscale transferred 649,454 bitcoins to an unknown address approximately 40 minutes ago. The value of the transferred bitcoins is estimated to be around US$$ 39.45 million.
Grayscale transfers 649,454 Bitcoins worth US$$ 39.45 million to unknown address
According to PANews, Arkham's monitoring data revealed that Grayscale transferred 649,454 bitcoins to an unknown address approximately 40 minutes ago. The value of the transferred bitcoins is estimated to be around US$$ 39.45 million.
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Bullish Market, the most awaited moment has arrived!!! We will have a semester of strong growth!!!
Bitcoin hits highest price in 3 weeks after Fed chairman signals interest rate cut.
According to the CME FedWatch tool, 67.5% of traders are betting on a 25 basis point cut and 32.5% on a 50 basis point cut in the US basic interest rate at next month's meeting.
At around 3:30 pm, BTC touched US$ 63,319, with an appreciation of 5.25% in the last 24 hours. The main altcoins in the market are also operating in the positive field, with emphasis on XRP (XRP), which is up 8% on the day. $BTC $BNB $SOL
Bitcoin hits highest price in 3 weeks after Fed chairman signals interest rate cut.
According to the CME FedWatch tool, 67.5% of traders are betting on a 25 basis point cut and 32.5% on a 50 basis point cut in the US basic interest rate at next month's meeting.
At around 3:30 pm, BTC touched US$ 63,319, with an appreciation of 5.25% in the last 24 hours. The main altcoins in the market are also operating in the positive field, with emphasis on XRP (XRP), which is up 8% on the day. $BTC $BNB $SOL
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Fed cuts interest rates...The most anticipated day of the year has arrived, phew...will it happen now????
US Fed Meeting: Jerome Powell’s Speech Today and Its Impact on Markets
Fed's first interest rate cut in 4 years expected today, markets closely watch Powell.
Powell's speech at 2:30 PM ET to reveal future Fed policy, influencing market sentiment.
Analysts predict a market rally if Powell strikes a dovish tone, but caution if hawkish.
The Federal Reserve’s highly anticipated meeting will conclude today, with Chair Jerome Powell delivering a key speech at 2:30 PM ET. Investors worldwide closely monitor this event for its potential influence on the global financial markets and cryptocurrency. The meeting, which began on September 17, comes as the Fed is expected to announce its first interest rate cut in four years.
The US Federal Reserve is set to release its interest rate cut decision today at 2:00 PM ET, with market observers expecting a cut ranging between 25 and 50 basis points.
The CME FedWatch Tool indicates that there is a 55% likelihood of a 50 basis point cut, while the rest anticipate a smaller 0.25% reduction. This decision comes after years of rate hikes aimed at curbing inflation.
Powell’s speech, scheduled for 30 minutes after the announcement, will be streamed live on the Fed’s official website and various social media platforms like YouTube.
Analysts suggest that while the rate cut has already been largely priced into the markets, the content and tone of Powell’s speech will carry more weight in determining market sentiment moving forward.
While today’s rate cut announcement is expected to impact the financial markets, economists believe that Powell’s remarks on the Federal Reserve’s future policy stance will have a more profound effect.
A dovish tone from the Fed Chair could potentially trigger a rally, particularly in equities and the crypto market. However, any indication of a more cautious or hawkish stance could dampen investor optimism.
Despite the anticipation surrounding today’s announcements, many market experts have suggested that the upcoming Fed policies are of greater importance. Investors are advised to pay close attention to Powell’s language during the speech, as it will likely provide crucial insights into the central bank’s next moves.
Powell's speech at 2:30 PM ET to reveal future Fed policy, influencing market sentiment.
Analysts predict a market rally if Powell strikes a dovish tone, but caution if hawkish.
The Federal Reserve’s highly anticipated meeting will conclude today, with Chair Jerome Powell delivering a key speech at 2:30 PM ET. Investors worldwide closely monitor this event for its potential influence on the global financial markets and cryptocurrency. The meeting, which began on September 17, comes as the Fed is expected to announce its first interest rate cut in four years.
The US Federal Reserve is set to release its interest rate cut decision today at 2:00 PM ET, with market observers expecting a cut ranging between 25 and 50 basis points.
The CME FedWatch Tool indicates that there is a 55% likelihood of a 50 basis point cut, while the rest anticipate a smaller 0.25% reduction. This decision comes after years of rate hikes aimed at curbing inflation.
Powell’s speech, scheduled for 30 minutes after the announcement, will be streamed live on the Fed’s official website and various social media platforms like YouTube.
Analysts suggest that while the rate cut has already been largely priced into the markets, the content and tone of Powell’s speech will carry more weight in determining market sentiment moving forward.
While today’s rate cut announcement is expected to impact the financial markets, economists believe that Powell’s remarks on the Federal Reserve’s future policy stance will have a more profound effect.
A dovish tone from the Fed Chair could potentially trigger a rally, particularly in equities and the crypto market. However, any indication of a more cautious or hawkish stance could dampen investor optimism.
Despite the anticipation surrounding today’s announcements, many market experts have suggested that the upcoming Fed policies are of greater importance. Investors are advised to pay close attention to Powell’s language during the speech, as it will likely provide crucial insights into the central bank’s next moves.
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🤑🤑Historic investment! Government announces R$186 billion in investments to transform Brazilian industry with a focus on semiconductors🤑🤑
Vice President Geraldo Alckmin announces a robust government investment package to boost the digitalization and modernization of industry in Brazil, with a special focus on the semiconductor sector.
Brazilian industry is about to undergo a major transformation! Recently, Vice President and Minister of Industry and Commerce Geraldo Alckmin announced a robust government investment package to boost the digitalization and modernization of industry in Brazil, with a special focus on the semiconductor sector. The total resources added up to R$186.6 billion, coming from both the public and private sectors.
This movement is part of the New Industry Brazil (NIB) program, which aims to strengthen the national economy through technological innovation and the creation of more robust production chains, especially in the semiconductor area, a strategic sector for the country's digital future. Below, we will tell you all the details of this plan that promises to boost Brazilian industry! $BTC $ETH $SOL
Massive investment in the semiconductor sector
Brazil no longer wants to be left behind in the global technological race, and the semiconductor sector is the central point of this transformation. Semiconductors are fundamental components in the manufacture of various electronic devices, such as smartphones, computers, solar panels and even electric cars. With the growing demand for these products worldwide, having a local semiconductor production chain is essential to ensure the competitiveness of Brazilian industry.
Vice President Geraldo Alckmin announces a robust government investment package to boost the digitalization and modernization of industry in Brazil, with a special focus on the semiconductor sector.
Brazilian industry is about to undergo a major transformation! Recently, Vice President and Minister of Industry and Commerce Geraldo Alckmin announced a robust government investment package to boost the digitalization and modernization of industry in Brazil, with a special focus on the semiconductor sector. The total resources added up to R$186.6 billion, coming from both the public and private sectors.
This movement is part of the New Industry Brazil (NIB) program, which aims to strengthen the national economy through technological innovation and the creation of more robust production chains, especially in the semiconductor area, a strategic sector for the country's digital future. Below, we will tell you all the details of this plan that promises to boost Brazilian industry! $BTC $ETH $SOL
Massive investment in the semiconductor sector
Brazil no longer wants to be left behind in the global technological race, and the semiconductor sector is the central point of this transformation. Semiconductors are fundamental components in the manufacture of various electronic devices, such as smartphones, computers, solar panels and even electric cars. With the growing demand for these products worldwide, having a local semiconductor production chain is essential to ensure the competitiveness of Brazilian industry.
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😁😁We are back to the bull market!!!!😁😁
These moments are very important, so that we can believe in investments like cryptocurrencies, as investors who have been in the market for years have only been suffering losses.
We can ride at least 2 years of bullishness and withdraw investments at the right time.
How is your portfolio doing?
.....Vote!!! $RENDER $NEAR $SOL
These moments are very important, so that we can believe in investments like cryptocurrencies, as investors who have been in the market for years have only been suffering losses.
We can ride at least 2 years of bullishness and withdraw investments at the right time.
How is your portfolio doing?
.....Vote!!! $RENDER $NEAR $SOL
LUCRO
87%
PREJUÍZO
13%
15 votes • Voting closed
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Trump says debate with Kamala was 'the best' he's ever had and won't confirm a new matchup!
I think it was the best debate I've ever had personally," Trump said in the "spin room," where supporters of each candidate gave their "interpretation" of the debate in conversations with reporters. $BTC $SOL $BNB
He said Harris "wants to do another one because she lost tonight, but I don't know if we're going to do another one."
Trump was again noncommittal when asked on Fox News if he would agree to another debate with Harris, saying, "I have to think about it, but if you won the debate, I think maybe I shouldn't do it."
Why should I do another debate? She immediately said, 'We want another one.' That's, you know, what happens when you're a professional boxer and you lose, you immediately want another fight," he told Fox News host Sean Hannity.
Harris’s team immediately called for the candidates to hold a second debate.
“Under the bright lights, the American people got to see the choice they will face this fall at the polls: whether to move forward with Kamala Harris or back down with Trump. That’s what they saw tonight, and what they should see in a second debate in October. Vice President Harris is ready for a second debate. Is Donald Trump ready?” said Jen O’Malley Dillon.
I think it was the best debate I've ever had personally," Trump said in the "spin room," where supporters of each candidate gave their "interpretation" of the debate in conversations with reporters. $BTC $SOL $BNB
He said Harris "wants to do another one because she lost tonight, but I don't know if we're going to do another one."
Trump was again noncommittal when asked on Fox News if he would agree to another debate with Harris, saying, "I have to think about it, but if you won the debate, I think maybe I shouldn't do it."
Why should I do another debate? She immediately said, 'We want another one.' That's, you know, what happens when you're a professional boxer and you lose, you immediately want another fight," he told Fox News host Sean Hannity.
Harris’s team immediately called for the candidates to hold a second debate.
“Under the bright lights, the American people got to see the choice they will face this fall at the polls: whether to move forward with Kamala Harris or back down with Trump. That’s what they saw tonight, and what they should see in a second debate in October. Vice President Harris is ready for a second debate. Is Donald Trump ready?” said Jen O’Malley Dillon.
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Elon Musk and Guerra with Brazilian minister,
leads to blocking of Starlink accounts.
Company X may have its user accounts blocked if it does not comply with the minister's request.
Although this fight has been going on for a long time, the billionaire has not yet complied with anything.
Let's wait for the next chapters to see how this story unfolds.
$BTC $BNB $SOL
leads to blocking of Starlink accounts.
Company X may have its user accounts blocked if it does not comply with the minister's request.
Although this fight has been going on for a long time, the billionaire has not yet complied with anything.
Let's wait for the next chapters to see how this story unfolds.
$BTC $BNB $SOL
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#binancesaquarecreatoraaward
‘Whale’ dumps R$780 million in bitcoin (BTC), pockets profits and cryptocurrencies fall sharply!!!!
According to the profile “Whale Alert”, 2,300 bitcoins were transferred from an unidentified wallet to the Kraken platform.
The seller of the BTCs pocketed almost US$142 million in the operation. The amount is equivalent to more than R$780 million at today's price.
Whale still holds more than US$1 billion in bitcoin (BTC)
The massive sale left the crypto community with a flea in its ear. The whale in question still holds 18,141 bitcoins. This is equivalent to more than US$1 billion.
$BTC $BNB $ETH
‘Whale’ dumps R$780 million in bitcoin (BTC), pockets profits and cryptocurrencies fall sharply!!!!
According to the profile “Whale Alert”, 2,300 bitcoins were transferred from an unidentified wallet to the Kraken platform.
The seller of the BTCs pocketed almost US$142 million in the operation. The amount is equivalent to more than R$780 million at today's price.
Whale still holds more than US$1 billion in bitcoin (BTC)
The massive sale left the crypto community with a flea in its ear. The whale in question still holds 18,141 bitcoins. This is equivalent to more than US$1 billion.
$BTC $BNB $ETH
See original
#BinanceSquareCreatorAward ..Save all your money... prepare for the 3rd quarter bomb... Stablecoins hit new record in volume of $169 BILLION, shows confidence in the market...Important moments are coming, in the most VOLATILE market in the World, CRYPTO.!!!
What was said:
Fed Chairman Powell...announced
the long-awaited rate cut... will happen in September:
According to Powell, the timing and module of the cuts "will depend on the incoming data", that is, they will be based on the trend and response of the markets...
The impact on the market trend
This was seen as a good omen, as the market quickly priced in four 0.25% rate cuts today, Friday, after the Fed Chairman
said the central bank has "ample room" to maneuver as policy enters its next phase.
$BTC $BNB ..News updated daily, stay connected with agent.
What was said:
Fed Chairman Powell...announced
the long-awaited rate cut... will happen in September:
According to Powell, the timing and module of the cuts "will depend on the incoming data", that is, they will be based on the trend and response of the markets...
The impact on the market trend
This was seen as a good omen, as the market quickly priced in four 0.25% rate cuts today, Friday, after the Fed Chairman
said the central bank has "ample room" to maneuver as policy enters its next phase.
$BTC $BNB ..News updated daily, stay connected with agent.
See original
Time to sell? Binance announces the removal of 23 cryptocurrency pairs!!!!!
Among the affected cryptocurrencies are ARKM, CHZ, ENA, FIRO, IOTA, JOE, OMNI, REZ and SUPER. The decision, which comes into effect on August 23, 2024, surprised the crypto community and is already generating a wave of speculation about the possible impacts on the prices of these assets.
The pairs to be removed include combinations of cryptocurrencies with fiat currencies and other cryptocurrencies, such as TUSD, EUR, BTC, FDUSD, TRY and BNB.
Binance
Binance justified the decision as part of its ongoing efforts to improve trading quality and market efficiency. The exchange conducts periodic reviews of trading pairs, focusing on aspects such as liquidity and volume.
Those that do not meet the established standards are removed, in an attempt to protect users and maintain a high-quality trading environment.
Updated News be with us in Real Time!!!!$BTC $SOL $ETH
Among the affected cryptocurrencies are ARKM, CHZ, ENA, FIRO, IOTA, JOE, OMNI, REZ and SUPER. The decision, which comes into effect on August 23, 2024, surprised the crypto community and is already generating a wave of speculation about the possible impacts on the prices of these assets.
The pairs to be removed include combinations of cryptocurrencies with fiat currencies and other cryptocurrencies, such as TUSD, EUR, BTC, FDUSD, TRY and BNB.
Binance
Binance justified the decision as part of its ongoing efforts to improve trading quality and market efficiency. The exchange conducts periodic reviews of trading pairs, focusing on aspects such as liquidity and volume.
Those that do not meet the established standards are removed, in an attempt to protect users and maintain a high-quality trading environment.
Updated News be with us in Real Time!!!!$BTC $SOL $ETH
See original
Hello, markets are still trending upwards, awaiting new steps to reduce interest rates in the US!!
We will have large capital inflows in the coming months, so be aware of the right time to leave the market and make money.!!
Analyze chart trends, be careful with greed, no one really knows when to enter or exit the market 100%, analyzing past charts is easy.....
Here's a tip 😜🤑
$BTC $SOL $ETH
We will have large capital inflows in the coming months, so be aware of the right time to leave the market and make money.!!
Analyze chart trends, be careful with greed, no one really knows when to enter or exit the market 100%, analyzing past charts is easy.....
Here's a tip 😜🤑
$BTC $SOL $ETH
See original
...WAR is not good for business!!!!
The fall of the world's largest natural gas extractor: Gazprom was the jewel in Putin's crown, the Russian gas giant, now sells its Moscow offices via Telegram
Record losses at Gazprom lead to the sale of real estate in Moscow. Learn more about the crisis of the Russian gas giant.
💥☄️☄️Follow our page, Subscribe..
Cataclysm in Russia's industry. Gazprom, the heart of the Russian economy and the world's largest natural gas extractor, announced that it will sell its properties in Moscow after recording record losses due to the drop in exports to Europe.
$BNB $BTC $SOL
Putin's miscalculation
The Gazprom Group, a multinational majority-owned state-owned company, has relocated its headquarters to a skyscraper in St. Petersburg. Analysts, however, interpret the sale of its Moscow properties as a liquidation of assets.
“2023 was the worst year in decades and its current production is at 1970 levels,” geopolitical analyst Tom O’Donnell told Newsweek. “It’s the result of a miscalculation by Putin,” who cut off supplies from the Nord Stream pipeline in an attempt to force an energy crisis in the European Union that would lead to it dropping support for Ukraine.
The fall of the world's largest natural gas extractor: Gazprom was the jewel in Putin's crown, the Russian gas giant, now sells its Moscow offices via Telegram
Record losses at Gazprom lead to the sale of real estate in Moscow. Learn more about the crisis of the Russian gas giant.
💥☄️☄️Follow our page, Subscribe..
Cataclysm in Russia's industry. Gazprom, the heart of the Russian economy and the world's largest natural gas extractor, announced that it will sell its properties in Moscow after recording record losses due to the drop in exports to Europe.
$BNB $BTC $SOL
Putin's miscalculation
The Gazprom Group, a multinational majority-owned state-owned company, has relocated its headquarters to a skyscraper in St. Petersburg. Analysts, however, interpret the sale of its Moscow properties as a liquidation of assets.
“2023 was the worst year in decades and its current production is at 1970 levels,” geopolitical analyst Tom O’Donnell told Newsweek. “It’s the result of a miscalculation by Putin,” who cut off supplies from the Nord Stream pipeline in an attempt to force an energy crisis in the European Union that would lead to it dropping support for Ukraine.