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. […]
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 chief executive officer of Tesla, Elon Musk, recently made an announcement in regards to his approach to Twitter’s digital expansion. Musk stated that his plan is to move the social media giant within the digital payments sector. The followers and people who have been linked with Dogecoin (DOGE) know exactly what Elon Musk’s next […]
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 Tuesday, Asia-Pacific markets saw shares tumble for the most part, after the S&P 500 had fallen overnight and entered bear market territory. However, Mainland China stocks were able to buck the regional trend, as they made a recovery from the losses in previous sessions. Chinese Indexes Rises, Others Fall Both the Shanghai Composite and […]
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 […]
