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Bitcoin with the worst streak ever fell below $20,000 for the first time since 2020

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Bitcoin with the worst streak ever fell below $20,000 for the first time since 2020

Bitcoin fell below the $20K psychological barrier this Saturday, which has not happened since December 2020.

According to data compiled by Bloomberg, the world’s largest market cap cryptocurrency fell 9.2% to $18,740, its 12th consecutive day of decline, the worst streak ever.

The “crypto queen” downgrade extended to other crypto assets, with Ether falling almost 11% to $975.24, losing support at $1,000 and hitting its lowest level since January 2021.

These two cryptocurrencies are about 70% below the all-time highs reached last November.

“Global macroeconomic uncertainty, coupled with the spectacular collapse of the crypto ecosystem, has driven prices down at a rate that has surprised investors,” said Kunal Goel, an analyst at Messari, quoted by Bloomberg.

Other cryptocurrencies are also not immune from the Bitcoin fiasco: all cryptocurrencies tracked by Bloomberg are trading in the red today. Shares of Cardano, Solana, Dogecoin and Polkadot fell 7-10% this Saturday.

The toxic combination of bad news and higher interest rates has penalized riskier assets like cryptocurrencies heavily.

“Investors continue to be on the defensive after last year’s liquidity-driven bull market,” Alkesh Shah, director of crypto strategy and digital assets at Bank of America, said in a note published Friday for Bloomberg. “While foaming in this sector is painful, it is likely beneficial as investors focus on projects with clear liquidity and profitability strategies, rather than just revenue growth,” he adds.

The crypto sector is also under pressure, such as the Earth collapse last month, exacerbated by the decision of Celsius and Babel Finance this week to suspend buyouts.

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According to data compiled by CoinGecko, the crypto market capitalization was around $880 billion this Saturday, comparable to the $3 trillion reached in November when Bitcoin and Ethereum peaked.

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Economy

Roaming stays free in Europe for another 10 years and brings improvements

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roaming europa 2032 chamadas mensagens

One of the most important changes that have taken place in recent years in the field of telecommunications has been the abandonment of roaming in Europe. This scenario ensures that we can be located in any country in the European Union without paying extra for a single call.

The guarantee of the success of this process is its use from the moment of its implementation. Now it has been updated and is guaranteed for another 10 years with some new features and improvements that make it even more attractive and useful for users.


The new roaming regime in the European Union (EU) came into effect on Friday. This will allow people on the go to make phone calls, send messages and surf the Internet at no extra charge.

New Roaming rules, which entered into force on July 1, applies to the EU countries, as well as the European Economic Area, which includes Iceland, Liechtenstein and Norway. This is until 2032 limiting the cost of using mobile phones while roaming in Europe.

The new rules set a limit of two euros per gigabyte (GB) for data services this year, which will drop to 1.8 euros (euros)/GB in 2023. This value will continue to fall to 1 EUR/GB in 2027 for wholesale. rates.

roaming europe 2032 calls messages

In addition to this service definition, there are also some important changes. Operators offering mobile services must guarantee consumers access to 4G or 5G networks when available in the country in which they are traveling.

For voice services the limits are 0.022 EUR/minute in 2022-2024 and 0.019 EUR/minute from 2025, while for messages (SMS) the maximum value is 0.004 EUR/SMS in 2022-2024 and 0.003 EUR/SMS from 2025 . .

It is with these rules that users will be able to visit any country in the European Union and receive prices that are practiced in their country of origin. These new rules will be in effect until 2032, guaranteeing this scenario without any restrictions.

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Economy

Inflation in Portugal for the first time since 2017 exceeded the European one. Tourism is to blame – ECO

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Inflation in Portugal for the first time since 2017 exceeded the European one.  Tourism is to blame - ECO





Inflation in Portugal for the first time since 2017 exceeded the European one. Tourism is to blame – ECO
































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Economy

Airbus announces major order of nearly 300 aircraft for four Chinese airlines

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Airbus announces major order of nearly 300 aircraft for four Chinese airlines

European manufacturer Airbus has just announced a massive order for nearly 300 aircraft for Chinese airlines.


The official statement from the manufacturer says that an agreement has been signed with Air China, China Eastern, China Southern and Shenzhen Airlines for 292 aircraft of the A320 family, which includes A319, A320 and A321. This is the first major purchase made by Chinese companies since the outbreak of the pandemic, which had its initial epicenter in the Asian country.

It is not specified how many units of each model and how the division between the companies will occur, but it is expected that all of these will be variants of the Neo with the new engine that are already working in the mentioned companies.

Airbus currently dominates China’s single-aisle commercial aircraft market, despite Boeing having a larger presence given the larger number of twin-aisle aircraft.

In turn, the country has 2,070 aircraft of a European manufacturer, in addition to the plant in Tianjin, where aircraft of the A320 family are assembled, and there is also a finishing line for the A330 family. Another Airbus presence is the helicopter division with an assembly line for the H135 in Qingdao.


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