Latest Market News
Russians reportedly hold about $130 billion in cryptocurrency but the government is yet to adopt crypto legislation. 2612 Total views 34 Total shares The Russian prime minister declared that the cryptocurrency holdings of Russians are worth billions of dollars but the government is yet to adopt a regulatory framework for the industry. Russians collectively hold […]
Private equity investments continued a trend of outperforming public equities, according to a presentation on Thursday by Hamilton Lane Inc. HLNE, +0.84%, a specialist in private markets. Between the start of 2017 and January 2022, private markets generated a roughly 2.4x return, compared to a 1.5x return from stocks. Hamilton Lane warned of a potential […]
In a Tweet, Kraken CEO Jesse Powell has made the decision to close the Kraken global headquarters in San Francisco. 4206 Total views 74 Total shares The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters. Kraken CEO, Jesse Powell retweeted that Kraken will […]
Shares of Rackspace Technology Inc. RXT, +0.55% dropped 3.0% in premarket trading Friday, after the cloud services company was downgraded by Oppenheimer analyst Timothy Horan, who said increased macro headwinds and “very high debt” warrants caution. Horan cut his rating to perform, after being at outperform since January 2021, and removed his $18 stock price […]
The crypto market plummeted. The BTC dropped to $42,700 for the first time in two weeks and its capitalisation plunged to $825 billion. The BTC’s market share is now estimated at 39.3%. the total capitalisation of the entire crypto market is $2.09 trillion. The key reason for this decline is investors’ risk aversion. Another factor […]
.AUDUSD is falling under the attack of the “greenback” and amid the global risk appetite decline. The Aussie continues falling against the USD. The current quote for the instrument is 0.7462. The RBA Financial Stability Review published earlier today says that many Australian loaners are ready for the benchmark interest rate hike. According to the […]