Day: September 27, 2022
Sweeping unidirectional moves across many asset classes last week saw the most liquid FX market begin to experience liquidity problems and may have triggered a margin call cascade. Early on Monday morning, the pound sterling and the euro struggled to find buyers for several minutes, while the dollar index set a new high (114.50): Dollar […]
Bond and equity markets’ downward rally intensified on Friday amid signs of escalation of the conflict in Ukraine. The two sides of the conflict have moved to raise the stakes, Russia is going to hold referendums in the occupied territories while the EU is going to accelerate for the introduction of a energy price cap […]
The Animoca Brands co-founder suggested that Asian gaming companies don’t have to deal with the same amount of pushback against NFTs that U.S companies have faced. 306 Total views 24 Total shares Animoca Brands co-founder Yat Siu thinks that GameFi has the biggest opportunity for growth in Asia, as gamers there don’t hold the same […]
Voyager hints that its customers will eventually transition to the FTX platform after it finishes its chapter 11 bankruptcy proceedings. 609 Total views 16 Total shares Cryptocurrency exchange FTX US has secured the winning bid for the assets of crypto brokerage firm Voyager Digital with a bid valued at approximately $1.4 billion according to Voyager. […]
Interoperability-focused blockchain network Cosmos has dropped a new whitepaper proposing a revamped Cosmos Hub aimed at strengthening interoperability and security, along with key changes to its native ATOM token. The new Cosmos whitepaper was released on Monday at the Cosmoverse conference in Medellin, Colombia. The upgrades outlined in the whitepaper are still technically in “proposal” […]
BNY Mellon The Message Gets Through, Finally The FOMC last week finally broke the spell markets had been under, leaving them now spooked by the prospect of the ‘pain’ that Chair Powell has warned is the price of the Fed’s anti-inflation push. Adding to the disquiet, Japan’s intervention to support the yen was predictably ineffective […]
The price of Bitcoin keeps moving along the supporting level of 19000 without breaking it down. Bitcoin is likely to pull back from the level of 19000 and target the level of 22000 next. The price of the currency pair EUR/USD broke the support at the level of 0.9865 and dropped. This asset should get […]
Splunk Inc. SPLK, -2.04% said late Monday that Jason Child, the company’s chief financial officer since 2019, will step down in early November to accept “a position at a leading pre-IPO semiconductor company.” Splunk said it’s hired an executive search firm to find a new CFO, and reiterated its outlook for the third quarter and […]
