A look at the trading price of Celsius (CEL) from June 19 until now shows that it has undergone a significant surge. It can be seen from the performance graph that the trading price of CEL has increased 4X times since June 19. Many analysts are predicting that the rise in the trading price of […]
Global markets are quaking and investors have become rattled due to worsening expectations about how aggressively central banks would have to tighten their respective monetary policies in order to stave off the surging inflation. Monetary Authorities Turn Aggressive In recent days, global monetary authorities have made some eye-catching moves that have people and markets rattled. […]
Briefly- The Hamm Family non-binding acquisition application saw Continental Resources gaining 8%. The Hamm Family pays $70 to buy outstanding shares. Hamm Family sent a proposal recently. Continental Resources Inc. shares gained 8% following the announcement that its directors received an offer from Harold Hamm to buy its outstanding common shares, not in Hamm Family […]
The first five months of the year had seen the installation of Bitcoin ATMs go down, but Coin ATM Radar Report reveals that there has been a swift recovery in this number in June. The early months of 2022 saw the number of installations fall, as only 202 new Bitcoins ATMs were installed in the […]
On Thursday, Asia-Pacific markets remained mixed, as most regional markets shed the gains recorded earlier after the buoyant sentiment brought on by the rate hike by the US Federal Reserve faded. Overnight movements on Wall Street had given investor sentiment a boost, as the Fed had raised its interest rate by the highest level since […]
In recent years, the cryptocurrency industry has become one of the most adopted spaces for generating income. The reason behind the unmatched growth of the crypto-verse is the passive income-earning opportunities it has to offer. While many projects make the claims of offering passive income opportunities, only a few live up to their claims. The […]
On Wednesday, the US dollar slumped against a basket of major currencies, but was close to the high of two decades that it had reached in the previous session. Meanwhile, traders are waiting for a decision about the interest rate hike from the US Federal Reserve that will be announced later in the session. An […]
On Monday, Asian markets tumbled, as most of the indexes in the region recorded sharp declines and the USD/JPY currency pair was holding at the 135 level. Major Markets Record Declines The Hang Seng index in Hong Kong fell by 3.39% to reach 21,067.58. There was a 7.98% fall in Alibaba’s shares, while Tencentplunged by […]
On Sunday night, US stock futures declined, as Wall Street experienced one of the worst weeks it has seen this year. There was a 1.6% drop recorded in the Dow Jones Industrial Average or 176 points. Meanwhile, futures tied to the S&P 500 fell by 0.95%. There was also a 1.5% decline recorded in Nasdaq […]
The US Department of Justice (DoJ) released a new report in which it has asked for international cooperation from the global community, so they can deal with the criminal element in the crypto space. According to the DoJ, it is also willing to assist other nations in developing the infrastructure required for combating the rising […]
On Thursday, southern Europe recorded an increase in bond yields after a series of interest rate hikes were promised by the European Central Bank (ECB), which will start from July. The goal of tightening the monetary policy is to keep the soaring inflation in check. With the ECB confirming that it was putting an end […]
On Tuesday, the finance ministry in Britain disclosed that they intend to become a global ‘crypto hub’. Therefore, in order to achieve this goal, they will start live testing of the blockchain technology that powers cryptocurrencies for conducting activities in the traditional markets from next year. This includes settlement of bonds and stocks and even […]
Mercado Bitcoin is one of the well-known crypto exchanges in the Latin American region and was founded by a Latam unicorn called 2TM Group. Taking into account the condition of the cryptocurrency market, the parent company of the exchange announced recently that there will be a series of layoffs. According to the company, they have […]
On Monday, shares in the Asia-Pacific market had mixed results, as Chinese stocks led gains and tech stocks in Hong Kong rose. There was a 2.71% increase in the Hang Seng index, as it reached 21,653.90. A report from the Wall Street Journal disclosed that China’s regulatory authorities were ready to allow ride-hailing company Didi […]
Regulatory authorities all over the globe are looking into regulating cryptocurrencies and the central bank in Armenia has also been told to do the same. Several calls have been issued in the country for regulating the crypto space. People from the financial sector and government officials both believe that it is necessary to introduce regulations […]
The largest crypto exchange in the world in terms of trading volume, Binance announced the launch of a venture capital fund. The announcement was made on Wednesday by Binance Labs, the venture arm of the firm, and it disclosed that they had already raised funds worth $500 million for its startup. It also stated that […]
On Friday, trading in Moscow saw the Russian rouble strengthen past the 62 mark against the US dollar, but there was a sharp decline in shares of Yandexafter a new package of sanctions was introduced by the European Union against Russia. This is now the six package of sanctions to be introduced because of the […]
With the cryptocurrency market reaching all-time highs in the previous year, it was not surprising that the number of crypto lobbyists has gone up significantly. But, there is always a downside and this increasing number has also resulted in a rise in anti-crypto people in the tech sector. As they are not in favor of […]
It’s been more than 6 months since Bitcoin hit the all-time high price of $69,000. Since then, the trading price of Bitcoin has dipped more than half of its all-time high price. Over the years, the situation of Bitcoin has turned from bad to worse. However, there are investors who have not lost their confidence […]
Crypto Miners Consume More Energy Than Agric Sectors Cryptocurrency mining is not forbidden in Russia, at the same time it is not within the coverage of the country’s law. This makes it risky business to investors. However, after the announcement of the latest electricity consumption estimate, the Russian regulators clamored for the regulation of crypto […]
