Li Auto, one of the major Chinese electric car manufacturers has made an announcement in regards to its future plans. The EV maker has announced that it plans on raising a total of $2 billion and it aims to do it through investors from the United States. Li Auto to Raise $2 Billion from Stock […]
On Wednesday, European shares rose after the strike in Norway of oil and gas workers came to an end, thereby easing worries about energy supplies. A 15.5% rise in the shares of Just Eat Takeaway.com was also recorded thanks to Amazon’s announcement about buying a 2% stake in its floundering Grubhub business. Index gains There […]
Garantio Finance Review Expect nothing less than perfection when you opt for an online trading platform. It is true that you can’t get anything in a perfect form, but there is nothing wrong with aiming for it. A trading platform becomes the ship that helps you sail in the sea of online trading. If it […]
Crypto exchange Coinbase denied allegations of the company selling data of its customers to ICE in the United States. This is the Immigration and Customs Enforcement agency that falls under the jurisdiction of the Department of Homeland Security. No data was shared with ICE Rumors had been circulating the market on Thursday that Coinbase was […]
As part of an aggressive push for expanding outside the United States, Coinbase is looking for licenses in different countries in Europe. While the cryptocurrency exchange is already active in some regions, such as Ireland, the United Kingdom, and Germany, it is now planning on expanding its presence to some other regions, such as Italy, […]
The current turmoil in the cryptocurrency market has forced a number of companies in the space to shift their strategy and come up with new approaches that can help them pull through the downtrend. Crypto.com is also doing the same as it announced that they are making changes to their rewards program called Crypto Earn. […]
The trading price of Shiba Inu (SHIB) experienced a gigantic plunge that was triggered due to the recent bloodbath of cryptocurrency. SHIB Bleeds Badly As the cryptocurrency industry suffered a bloodbath, the trading price of Shiba Inu experienced an even worse situation. SHIB’s trading price reportedly suffered double-digit losses. Despite suffering huge losses, the analysts […]
The price of Bitcoin (BTC) ended up experiencing a dip and it came down to $20,200. Bitcoin’s price dipped due to a strong selling that was nothing less than a bloodbath. A great sell-off activity was recorded for Bitcoin that was triggered by multiple institutions. Even the investment firms ended up selling Bitcoin on a […]
On Wednesday, global indexes saw stocks edge lower for the most part, while Treasury yields eased, as investors were taking in the comments of Jerome Powell, the Chairman of the US Federal Reserve. He said that while there was certainly a risk of the economy slowing down too much because of aggressive hikes in interest […]
On Tuesday, shares in the Asia-Pacific region climbed higher, as investors were weighing the economic concerns. Most indexes record gains The Hang Seng index in Hong Kong had been trading at a loss but rose 0.7% in the last hour of trading. There was also a 0.73% gain in the Hang Seng Tech index. On […]
On Monday, European shares rose to a high of two weeks, thanks to mining stocks as China lifted COVID-19 curbs, which gave global commodities a lift and also eased fears of inflation. Meanwhile, Prosus’ plans of trimming its stake in Tencent saw the Dutch company’s stock rally. Index records gains There was a 1.1% gain […]
On Monday, volatile trading pushed global indexes higher, for the most part, allowing them to extend the sharp gains recorded in the previous week. Meanwhile, there was also a rise in Treasury yields and oil prices. Oil records gains After the rout seen in the previous week, oil finally managed to climb up, as investors […]
In recent weeks, the borrowing and lending spaces within the cryptocurrency industry have come under the microscope of regulators. These spaces have undergone scrutiny in recent months and the reason behind the growing pressure is the sell-off observed in the crypto-verse. Now, the investors and users within the cryptocurrency industry want to know exactly how […]
On Friday, there was a 2.6% rise in European stocks, which helped them enter positive territory. The week saw investors moving into riskier assets, as they began to scale back on bets of central bank tightening. Best Session for Indexes The STOXX 600 index of European countries recorded its best session in over three months. […]
Two cryptocurrency trading platforms in Canada are in trouble with the Ontario Securities Commission (OSC). A complete ban has been imposed on KuCoin, which means that it can no longer operate in the capital markets of Ontario. As far as Bybit is concerned, the platform has agreed to comply with the rules set forth by […]
Asia-Pacific trading recorded a mixed session once more, but Chinese stocks were leading gains on Thursday, as markets continued to monitor the possibility of a recession. Initially, mainland Chinese markets had been struggling for direction, but managed to end the day in the green. Rise in Most Indexes There was a 2.19% increase recorded in […]
In the past 30-days, the trading price of Avalanche (AVAX) has experienced a 45% dip. It is to be noted that in the same time period, the market valuation of the entire cryptocurrency industry has dipped by 29%. Despite facing a downtrend in the past 30-days, Avalanche hasn’t lost its reputation as one of the […]
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 […]
On Monday, shares in Asia-Pacific remained mixed, as investors were keeping an eye on the reaction of the market to the announcement of the latest benchmark rates in China. Losses in the Markets The losses in the major markets of the region were led by the Kospi index in South Korea that shed 2.04% and […]
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. […]
