Latest Market News

Sep 12
Pound is growing moderately. Overview for 12.09.2022

The British pound against the US dollar recovered quite a bit upon renewing the lows. The current quote is 1.1621. Great Britain is now through a hard time, and now it is not even about finance: first the country had to decide upon the new head of the Conservative party who then becomes the Prime […]

Sep 12
Ichimoku Cloud Analysis 12.09.2022 (EURUSD, AUDUSD, USDJPY)

EURUSD, “Euro vs US Dollar” The pair is pushing off the upper border of the descending channel. It is moving above the Ichimoku Cloud, indicating an uptrend. A test of the Tenkan-Sen line is expected at 1.0060, followed by growth to 1.0240. An additional signal confirming the growth will be a bounce off the upper […]

Sep 12
Crypto insurance a ‘sleeping giant’ with only 1% of investments covered

With over $2 billion lost in decentralized finance this year, there exists a huge market opportunity for crypto insurance providers, according to an executive. 949 Total views 9 Total shares While on-chain insurance has been around since 2017, only a measly 1% of all crypto investments are actually covered by insurance, meaning the industry remains […]

Sep 12
Algorand Foundation outlines $35M exposure to crypto lender Hodlnaut

The Foundation stated that it is “pursuing all legal remedies to maximize asset recovery.” 1878 Total views 23 Total shares The Algorand Foundation has revealed a $35 million USDC hole in its balance sheet as a result of exposure to embattled cryptocurrency lending firm Hodlnaut, which has paused withdraws since Aug. 8.  Algorand is an […]

Sep 12
Google gets in on Ethereum Merge excitement with nifty easter egg

The new feature has been added with just days left until the long-awaited Ethereum Merge. 1520 Total views 17 Total shares As a sign of support for the upcoming Ethereum Merge, tech juggernaut Google is marking the time left until the upgrade with a new countdown timer.  Typing any variation of “Ethereum Merge” or “The […]

Sep 12
Central Bank publishes new data on bank account openings and closures

24% of KBC Bank and Ulster Bank accounts closed since the start of 2022 600,311 accounts were opened in the three main remaining banks in the first eight months of the year Updated figures will be published monthly As part of its ongoing work to supervise the withdrawal of Ulster Bank and KBC Bank from […]