Latest Market News
Though the protocol offers an arguably lucrative yield of 4% per year, it’s only available to accredited investors as of now. 901 Total views 31 Total shares On Monday, decentralized finance, or DeFi, protocol Compound Treasury announced that it received a credit rating of B- from S&P Global Ratings. As told by the team at […]
Gay-dating app Grindr said late Monday it has agreed to merge with a so-called blank-check company in a deal that values the combined company, to be called Grindr Inc., at $2.1 billion. The business combination with special purpose acquisition company Tiga Acquisition Corp. TINV, would raise about $384 million, Grindr said. Its business is a […]
AUDJPY Key Level on Watch Putting the focus back on AUDJPY this week. A previously highlighted setup is still in the offing here. The market is potentially carving out a head and shoulders pattern, suggesting room for at least a medium-term correction lower. The key level to watch for a is a break of the […]
Credit AgricoleAsia overnightThe USD has extended its gains against all its G10 FX peers at the start of this week, as the Antipodeans’ FX are underperforming in the wake of broad equity losses. Of special note, NZD/USD has dipped below 0.6350 for the first time since H120, while AUD/USD has slipped back toward the big […]
In addition to recommending the financial education of the public in the Bahamas, the IMF hinted at the importance of a “robust supervisory and regulatory framework” for digital assets. 455 Total views 19 Total shares The International Monetary Fund, or IMF, has turned its attention to the Bahamas’ central bank digital currency (CBDC), the Sand […]
Shares of CarGurus Inc. CARG, -6.05% dropped 12% in the extended session Monday after the online car marketplace reported first-quarter earnings and sales that beat Wall Street expectations, but called for lower-than-expected adjusted per-share earnings for its second quarter. CarGurus said it lost $62.1 million, or 53 cents a share, in the first quarter, compared […]