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crypto market displayed a sideways trend, influenced by various industry developments and macroeconomic factors. Bitcoin started trading at the $26,000 mark and briefly surged above $27,000. However, it faced resistance around the $27,500 level, leading to a subsequent downward movement. Presently, BTC is trading at approximately $26,600. If BTC continues its decline, it may retest the support zone at $25,400. Despite experiencing a 60% decline from its all-time high, BTC has posted a 2.34% gain month-to-date and a remarkable 60% increase year-to-date. Additionally, this week the U.S. Federal Reserve convened for a meeting to discuss interest rate hikes. Fed Chair Jerome Powell indicated that the central bank would consider additional rate hikes if the economy continues to outperform expectations. The benchmark interest rate presently remains in the range of 5.25% to 5.50%. Concurrently, market participants are reacting to the U.S. benchmark 10-year note yields reaching 4.490%, the highest level since November 2007. These events have induced a bit of bearish sentiments in the markets. Similarly, Ethereum (ETH) has mirrored BTC's movements. ETH encountered bearish momentum below the $1,600 level. A breakthrough above the $1,620 resistance could propel its price toward $1,650, while a failure to clear immediate support may lead to a decline towards the $1,565 level. In an interesting turn of events, Germany's largest lender, Deutsche Bank, announced a collaboration with Swiss startup Taurus to establish digital asset custody and tokenization services, highlighting the growing involvement of traditional financial institutions in the crypto space.

Nord Stream pipelines, cutting off a major route for Russian gas exports to Europe and reports allege that Ukrainians may have played a role in this. The blasts occurred in the economic zones of Sweden and Denmark, so both countries launched investigations into the incident. So far, they say the explosions were deliberate, but they have yet to single out who was behind the blasts, according to a report in Aljazeera. On September 26, 2022, several underwater blasts ruptured three of the four pipelines comprising Nord Stream 1 and Nord Stream 2, throwing vast amounts of gas into the Baltic Sea near Bornholm, Denmark. “Dutch military intelligence warned the CIA of a Ukrainian plan to blow up the pipelines three months before the attack, Dutch broadcaster NOS and Germany’s Die Zeit and ARD reported in June.

Tigst Assefa broke the women's world record by more than two minutes Sunday at the Berlin Marathon, as Eliud Kipchoge won the men's race for the fifth time but couldn't break his own record. Ethiopian runner Assefa, the winner in Berlin a year ago, ran 2 hours, 11 minutes, 53 seconds to break the previous women's record of 2:14:04 set by Brigid Kotsgei at the Chicago Marathon in 2019. Kipchoge ran alone from 32 kilometers (20 miles) onward but slowed slightly toward the end. His time of 2 hours, 2 minutes, 42 seconds was more than a minute and a half off the record he set in Berlin last year. Kipchoge broke the two-hour barrier in Vienna in 2019 when he ran 1:59:40 but it was not officially considered the world record.

Amazon Prime Video will include advertising during shows and movies starting early next year, joining other streaming services that have added different tiers of subscriptions.

MotoGP descends to Greater Noida for the inaugural Indian Grand Prix. The world’s fastest and most high-profile motorcycle racing championship will stage the 13th round of its 2023 edition in India, just a year after plans for MotoGP Bharat were first announced. The addition of India to the calendar is part of MotoGP’s expansion plans into Asia’s major two-wheeler markets.

Tech Business journalist Jason Del Rey joins ‘Cavuto: Coast to Coast’ to discuss Walmart and Amazon’s long-term rivalry as Walmart sales continue to surge.

Pitch Perfect: Bumper in Berlin’ as strikes hit Hollywood. The renewal was announced in January after the first season's debut on November 23, 2022, but viewing data wasn't released. The cancellation follows similar decisions due to strikes, including Amazon Prime Video's 'The Peripheral' and 'A League of Their Own.' The strike by the Writers Guild of America (WGA) began on May 2, causing ‘Pitch Perfect: Bumper in Berlin’ to fall behind schedule for season two. Peacock and Amazon Prime Video have made similar renewal reversals during the pandemic. Negotiations have resumed between WGA and the Alliance of Motion Picture and Television Producers (AMPTP), raising hopes for a resolution to the labor dispute. The strike has been ongoing for five months, nearing the guild's previous record of 154 days in 1988. ‘Pitch Perfect: Bumper in Berlin’ featured Adam Devine, reprising his role as Bumper Allen from the 'Pitch Perfect' film series. He portrayed the leader of an all-male a cappella group, attempting to revive his music career in Germany. The show also starred Flula Borg, Sarah Hyland, Lera Abova, and Jameela Jamil. Megan Amram from 'The Good Place' served as showrunner and executive producer alongside Elizabeth Banks, Max Handelman, Devine, and more from 'Pitch Perfect 2.'

euro area's two biggest economies has continued to shrink in September with weak demand for goods and services. While the downturn eased in Germany, it deepened in France, according to business surveys released by S&P Global on Friday. Economists had expected momentum in both countries to remain broadly stable. The performance of Germany's services sector was a «pleasant surprise» as it only contracted marginally this month, S&P Global said.

Amazon will start featuring advertisements on content streamed on Prime Video, the company said on Friday, making it the latest streaming service to turn to commercials to raise revenue. The changes, which will go into effect early next year, will apply in the United States, Canada, Britain and Germany, unless subscribers pay more to opt out. Amazon said that U.S. subscribers will have to pay an additional $2.99 per month for an ad-free service, and that it would disclose pricing for users in other countries at a later date.

OTT platforms this week. Lets look into what's new as we check OTT releases this week for movies and web series. The Disney+ Hotstar horror web series features Venu Thottempudi, Bhadram, Ravi Varma, Chanakya, Gayathri, Avanthika Mishra, Aidit Gautam, Venkatesh Kakumanu and others in crucial roles.

Amazon’s Prime Video will begin showing adds during shows and movies early next year, joining other streaming services that have added different tiers of subscriptions

The demographic dividend that India intends to exploit, on its stated intent, to be the third largest economy in the world would suffer a major loss, if living for senior citizens is not included into the plans today. Countries like Japan, Monaco, Italy, Germany etc. are consciously wrapping their policies around their aging population. While many developed nations have a third of their population over the age of 60, India’s elderly population is likely to rise to 41% over next decade and expected to touch around 194 mn.

ZURICH (Reuters) — The war in Ukraine has reduced economic growth and «considerably» pushed up inflation across Europe, the Swiss National Bank said in a study published on Friday, with worse effects still to come.

Spies: The Epic Intelligence War Between East and West. By Calder Walton. Simon & Schuster; 688 pages; $34.99. Abacus; £25 In June 1941 Josef Stalin received a warning from the NKVD, the forerunner of the KGB, that a Nazi attack on the Soviet Union was imminent.

real estate in Germany fell further in the second quarter, data by the federal statistics office showed on Friday, as high interest rates took toll on the real estate market in Europe's biggest economy. Residential property prices fell by 9.9% year-on-year, the strongest decline since the start of the data collection in 2000.

BERLIN (Reuters) — German business activity fell for the third consecutive month in September due to a sustained decline in demand for goods and services, pointing to a «deep» economic contraction in the quarter, a preliminary survey showed on Friday.

Security Council, the more its effectiveness will be called into question and voiced strong concern over the persistent absence of meaningful progress in the matters in the Inter-Governmental Negotiations (IGN). Foreign Minister of Brazil Mauro Vieira, Federal Foreign Minister of Germany Annalena Baerbock, Minister for Foreign Affairs of Japan Yoko Kamikawa and Secretary (West), Ministry of External Affairs Sanjay Verma met on Thursday on the margins of the 78th Session of the United Nations General Assembly to discuss the state of play of the negotiations for the reform of the UN Security Council. The Ministers emphasised the importance of forthcoming milestone events, such as the Summit of the Future in 2024 and the UN 80th anniversary in 2025, for decisive progress and tangible results on Security Council reform. «The Ministers stressed that the future of international governance structures rests on their capacity to adapt and remain fit for purpose.

economic review for August published on Friday, the Department of Economic Affairs (DEA) said that the prices of selected food items that drove the inflation rate above 7 per cent in July are on the retreat. «The calibrated measures taken by the Government, including adjustments in the duties of many critical inputs and monetary policy tightening, helped to reduce core inflation,» the DEA said in its report. In its report, the department specified that the government's targeted measures for specific crops, including build-up of buffer, procurement from producing centres and subsidized distribution enabled easing of inflation in the country. Amid growing food inflation in major economies inter alia France, Germany, Japan, South Africa, and UK, India on the other hand saw a dip in its retail inflation. As of August, consumer food price inflation eased to 9.9 per cent from 11.5 per cent in July. Vegetable inflation, however, surged in both July and August due to various factors including a sudden price rise in tomatoes and other food items, due to crop specific and weather-related factors like rain deficiency in the country. Nonetheless, the average inflation during April-August 2023, was 5.6 per cent, which is within the RBI tolerance limit of 2-6 per cent. Meanwhile, the economy's outlook report highlighted that the monsoon deficit in August could impact both Kharif and Rabi crops which requires assessment.

The firm behind stablecoin Tether (USDT) has invested an undisclosed amount into German-based crypto miner Northern Data Group in a move backing artificial intelligence (AI) initiatives.

ESMA) is said to have proposed to the Reserve Bank of India to continue their existing Memorandum of Understanding on the treatment of clearing houses, a step that could resolve roadblocks to billions of dollars' worth of bond trading. The latest communication by Europe's top financial markets regulator to the RBI, made earlier this month, comes amid a standoff between the Indian central bank and European authorities over the latter's requirement of rights of audit and inspection of domestic clearing houses, including The Clearing Corporation of India Ltd (CCIL). «Around two weeks ago, ESMA put forward the idea of continuing with the current MoU that is in place. The existing framework does have certain provisions for oversight but within a clearly defined understanding that nothing would be done bypassing the RBI,» a person aware of the development said. «The root of the disagreement that broke out since last year is the EMIR (European Market Infrastructure Regulation) 2 which has far greater provisions of foreign oversight over domestic clearing houses.

By Rodrigo Campos