Bitcoin (BTC) faced significant selling pressure during the week of April 17-23 as bond yields rose and US dollar liquidity declined. The top cryptocurrency by market capitalization fell 9% to $27,600, marking the biggest single-week decline since...
Macroeconomics and financial markets In the US NY stock market on the 24th, the Dow closed at $132 (0.4%) higher than the previous day and the Nasdaq at $36 (0.31%) higher. In the European and American stock markets, Deutsche Bank fell 15% from the...
3/25 (Sat) morning market trends (compared to the previous day) traditional finance NY Dow: $32,237 +0.4% Nasdaq: $11,823 +0.3% Nikkei Stock Average: ¥27,385 -0.1% USD/JPY: 130.7 -0.06% US dollar index: 103.1 +0.5% 10 year US Treasury yield: 3.37...
Swiss regulator statement The Swiss National Bank (SNB = central bank) and the Swiss Financial Market Supervisory Authority (FINMA) issued a joint statement on the 15th, announcing support for the country’s financial giant Credit Suisse, which is...
March 15 (Wednesday) morning market trends (compared to the previous day) traditional finance NY Dow: $32,155 +1% Nasdaq: $11,428 +2.1% Nikkei Average: ¥27,222 -2.1% USD/JPY: 134.1 -0.01% US dollar index: 103.6 +0.07% 10-year US Treasury yield: 3.68...
In a move described as ‘precedent setting’ for other crypto-native companies, Google engaged in a partnership with crypto exchange Coinbase to facilitate payments of its cloud services via cryptocurrencies. Coinbase is the second largest exchange by...
SNEAK PEEK On October 4, Justin Sun announced in a tweet that he is considering purchasing assets or stock. Many people think that if Credit Suisse’s credit default swaps (CDS) rise over the level seen during the 2008 financial crisis, another...
Geneva, Switzerland, 4th May, 2022, TRON has announced its intentions to explore investment opportunities and promote blockchain technology in Suriname. Delegates from the TRON network visited President Chandrikapersad Santokhi on Thursday, April...
While the DeFi space has seen a lot of traction in the past few years, the DeFi derivatives space faces a lot of problems that need to be solved in order to make it more open and easy-to-navigate for traders in a secure manner. One of the platforms...
