Day: May 9, 2022
Though the protocol offers an arguably lucrative yield of 4% per year, it’s only available to accredited investors as of now. 901 Total views 31 Total shares On Monday, decentralized finance, or DeFi, protocol Compound Treasury announced that it received a credit rating of B- from S&P Global Ratings. As told by the team at […]
Gay-dating app Grindr said late Monday it has agreed to merge with a so-called blank-check company in a deal that values the combined company, to be called Grindr Inc., at $2.1 billion. The business combination with special purpose acquisition company Tiga Acquisition Corp. TINV, would raise about $384 million, Grindr said. Its business is a […]
AUDJPY Key Level on Watch Putting the focus back on AUDJPY this week. A previously highlighted setup is still in the offing here. The market is potentially carving out a head and shoulders pattern, suggesting room for at least a medium-term correction lower. The key level to watch for a is a break of the […]
Credit AgricoleAsia overnightThe USD has extended its gains against all its G10 FX peers at the start of this week, as the Antipodeans’ FX are underperforming in the wake of broad equity losses. Of special note, NZD/USD has dipped below 0.6350 for the first time since H120, while AUD/USD has slipped back toward the big […]
In addition to recommending the financial education of the public in the Bahamas, the IMF hinted at the importance of a “robust supervisory and regulatory framework” for digital assets. 455 Total views 19 Total shares The International Monetary Fund, or IMF, has turned its attention to the Bahamas’ central bank digital currency (CBDC), the Sand […]
Shares of CarGurus Inc. CARG, -6.05% dropped 12% in the extended session Monday after the online car marketplace reported first-quarter earnings and sales that beat Wall Street expectations, but called for lower-than-expected adjusted per-share earnings for its second quarter. CarGurus said it lost $62.1 million, or 53 cents a share, in the first quarter, compared […]
On March 17th, 2022, the Canadian Anti-Fraud Centre and Winnipeg Police Service (WPS) were able to recover a $17 000 fraudulent Bitcoin transfer associated to a crypto investment scam. This recovery is an example of how important it is to report to both CAFC and local police. Investment scams were the highest reported scams based […]
“When it rains, it pours” is an old saying finding new relevance in the cryptocurrency markets on May 9 as traders face another day of pain and the current price decline brings Bitcoin (BTC) to its lowest level in 2022. Data from Cointelegraph Markets Pro and TradingView shows that the BTC selloff on May 9 […]
William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch
The development marks the first time XRP digital currency will be used on a cross-border Japanese e-commerce site. 3038 Total views 46 Total shares SBI Motor Japan, a subsidiary of SBI Africa Co. Ltd., has announced that its customers can now make payments for used cars using Bitcoin (BTC) and Ripple (XRP). According to the […]