Vets market faces competition probe amid cost concerns

The UK’s competition body is to forge ahead with an inquiry into the vets market amid concerns that pet owners are overpaying for treatments. The Competition and Markets Authority (CMA) said it had heard from people who were struggling to pay vet bills and did not always know the best treatment options for their pets. The vet industry is worth £2bn after pet ownership rose to two-thirds of UK households

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Dollar hovers near one-week high on hawkish Fed minutes; kiwi firm By Reuters

By Kevin Buckland TOKYO (Reuters) -The dollar hovered near a one-week high on Thursday following its best day this month against its major peers after minutes of the last Federal Reserve meeting revealed a willingness to raise interest rates among some officials. The New Zealand dollar continued its climb as an unexpected rise in local retail sales added to hawkish guidance from the central bank a day earlier to push

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China’s Lenovo extends revenue growth streak, beats expectations By Reuters

By Josh Ye HONG KONG (Reuters) – China’s Lenovo Group (OTC:) reported a 9% rise in fourth-quarter revenue to $13.8 billion on Thursday, as the world’s largest maker of personal computers (PCs) exits a demand slump following the aftermath of the COVID-19 pandemic. Revenue for the January-March quarter beat an average estimate of $13 billion drawn from eight analysts, according to LSEG data. This marks a second consecutive quarter of

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Second Ethereum Foundation Researcher Acknowledges Advisory Deal Paid in EIGEN

“I am taking this position personally, not representing the Ethereum Foundation, and with a focus on risks and decentralization. I am therefore fully expected to take contrarian views on Eigenlayer,” Feist wrote in his post. “I do receive a significant amount of tokens from this position. I do not believe that they will change or influence my positions on how the core protocol should be developed, but I believe that

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XRP Whale Moves 50M Coins Amid FIT21’s Relief To Ripple Community

In the wake of the U.S. House of Representatives voting on the Financial Innovation and Technology for the 21st Century Act (FIT21), an XRP whale has offloaded massive amounts of tokens to CEXs, nabbing attention globally. Transacting amid the United States clearance of the first-ever major crypto bill, this whale has sent tongues wagging across the broader crypto market. Meanwhile, pro-XRP lawyer Bill Morgan has pointed out that per Judge

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BlackRock to Overtake Grayscale Amid Eight Days of Bitcoin ETF Inflows

While the entire crypto community remains focused on the approval of the spot Ethereum ETFs, institutional investors continue to increase their exposure to the Bitcoin ETFs. The U.S. spot Bitcoin ETFs have recorded eight consecutive days of outflows on Wednesday, May 22. BlackRock To Overtake Grayscale On May 22, the net inflow of Bitcoin spot ETF amounted to US$154 million, extending the streak of net inflows for eight consecutive days,

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flat at $69k amid Fed fears, spot Ether ETF watch By Investing.com

Investing.com– Bitcoin price moved little on Thursday as a recent rally in cryptocurrencies, on hype over a potential spot Ether exchange-traded fund, was largely undermined by renewed fears of high U.S. interest rates.  U.S. rate jitters sparked strong overnight gains in the , which pressured crypto prices across the board. fell 0.3% in the past 24 hours to $69,418.9 by 01:21 ET (05:21 GMT). The world’s biggest cryptocurrency settled back

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Nvidia’s Q1 results sent its stock soaring 6% but AI tokens barely moved

The price of artificial intelligence (AI)-related cryptocurrency tokens briefly tumbled despite Nvidia’s impressive Q1 earnings report, contrary to crypto traders’ expectations. Nvidia — known for powerful chipsets that have pivoted toward AI processing — saw Q1 revenue jump 18% from the fourth quarter last year and surge 262% from a year ago, beating analyst estimates of $24.6 billion, Cointelegraph reported on May 23. The earnings report was released after the

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