Latest Market News
The Pound Sterling rebounded from the “bottom” against the USD. The current quote for the instrument is 1.0799. Now it can be said that all the market reactions relating to the Pound were caused by the £45-billion tax cut package announced earlier by the British government to help the country’s population and companies. The package […]
The major currency pair is looking rather neutral on Tuesday. The current quote for the instrument is 0.9650. Demand for the USD remains high and the reasons for this are still the same – global risk aversion and negative vibes inside the Euro Area economy. The US didn’t publish any interesting statistics yesterday. Germany reported […]
The electricity mix of Bitcoin (BTC) has drastically changed over the past few years, with nuclear energy and natural gas becoming the fastest growing energy sources powering Bitcoin mining, according to new data. The Cambridge Centre for Alternative Finance (CCAF) on Tuesday released a major update to its Bitcoin mining-dedicated data source, the Cambridge Bitcoin […]
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 […]