Latest Market News

Oct 05
Three Arrows Capital fund moves over 300 NFTs to a new address

According to blockchain provider Nansen, hundreds of NFTs have been moved from the 3AC-linked fund to a Gnosis Safe address. 341 Total views 18 Total shares Starry Night Capital, a nonfungible-token (NFT)-focused fund launched by the co-founders of the now-bankrupt hedge fund Three Arrows Capital (3AC), has moved over 300 NFTs out of its address, […]

Oct 04
Tesla stock pulls way back after report CEO Elon Musk willing to buy Twitter at original bid price

Shares of Tesla Inc. TSLA, +2.90% edged 0.7% higher in afternoon trading Tuesday, to pull way back from an earlier gain of as much as 6.2%, after reports that the electric vehicle maker’s chief executive, Elon Musk, is willing to buy Twitter Inc. TWTR, +22.24% at the original bid price. Tesla’s stock has been hurt […]

Oct 04
The Aussie got under pressure. Overview for 04.10.2022

The Australian Dollar is retreating against the USD again. The current quote for the instrument is 0.6469. The Reserve Bank of Australia had a meeting today and decided to raise the benchmark interest rate by 25 basis points, from 2.35% to 2.60%. Market players were quite surprised: the RBA introduced a 50-point rate after each […]

Oct 04
The Yen is weakening at intervals. Overview for 04.10.2022

The Japanese Yen is slowly weakening against the USD. The current quote for the instrument is 144.77. Local interventions from the Bank of Japan calmed the Yen down and helped it reach balance for some time, but the effect didn’t last long, just as expected. The market is back to its previous movements – the […]

Oct 04
McDonald’s starts to accept Bitcoin and Tether in Swiss town

The global fast food chain is among the first to participate in a crypto-friendly experiment in the town of Lugano. 9099 Total views 1485 Total shares Multinational fast food chain McDonald’s started to accept Bitcoin (BTC) as a payment method in the 63,000-populated city of Lugano in the Italian-speaking region of Switzerland, which is becoming […]

Oct 04
Dow ends 826 points higher Tuesday, stocks post big back-to-back gains

U.S. stocks finished sharply higher on Tuesday, with the Dow rising about 826 points and posting its longest streak of back-to-back gains of more than 2% since May 2020, according to Dow Jones Market Data. The blue-chip index surge about 2.8% to end near 30,316, while the S&P 500 index SPX, +3.06% rose 3.1% and […]