Latest Market News

Despite the reports surfacing of low numbers of unique active wallets on Decentraland, the metaverse hype, investment and development go on. Source: Cointelegraph

An earthquake with a preliminary magnitude of 5.1 was felt throughout the San Francisco Bay Area on Tuesday, around 11: 42 a.m. Pacific time. The United States Geological Survey reported the 5.1 magnitude quake, as well as an aftershock that registered roughly 3.1 on the Richter scale about 5 minutes later, and said that it […]

President Joe Biden on Tuesday warned Russia that use of a tactical nuclear weapon would be “an incredibly serious mistake.” The president was speaking after getting an updated COVID booster at the White House. Biden was asked by reporters about possible use by Russia of nuclear weapons. Earlier this month, Biden warned that the risk […]

Spanish clothing retailer Inditex, parent to Zara, said Tuesday it has reached an agreement to sell its Russia business to Daher Group. The move comes after it halted operations in Russia on March 5 in protest at that country’s unprovoked invasion of neighboring Ukraine. “The terms of the transaction, subject to government approval, will enable […]

Gold futures ended higher on Tuesday, buoyed by weakness in the U.S. dollar index and a pullback in Treasury yields. “Thanks to the recent weakness in bond yields and U.S. dollar, gold has been able to find some relief,” said Fawad Razaqzada, market analyst at City Index and FOREX.com. “However, compared to the recovery we […]

Shares of cannabis companies shifted into rally mode on Tuesday after Canopy Growth Corp. CGC, +27.52% WEED, +27.46% revealed plans to create Canopy USA and issue exchangeable shares to consolidate its U.S. cannabis assets. Jefferies analyst Owen Bennett said the Canopy Growth deal “could also have positive implications for multi-state operators and paths to uplisting, […]