Latest Market News

Mar 07
Whales' stablecoin buying power grew over 7% in one month: Here's what it means

Whales with USDT holdings of $10,000 to $10 million added $1.06 billion worth of Tether to their wallets over the past month, increasing their buying power by 7%. 2473 Total views 76 Total shares Bitcoin (BTC) price struggled to overcome $40,000 resistance over the weekend and currently trading just above $38,000. At a time when BTC is […]

Mar 07
Stocks open mostly lower as Russia-Ukraine war drives volatile trade in oil

Stocks opened lower as investors continued to monitor developments around Russia’s invasion of Ukraine, tracking volatile action in crude-oil prices. The Dow Jones Industrial Average DJIA, -0.76% fell 132 points, or 0.4%, to 33,483, while the S&P 500 SPX, -1.05% fell 0.2% to 4,321 and the Nasdaq Composite COMP, -1.07% rose 0.3% to 13,349. Stock-index […]

Mar 07
FTX expands to Europe with CySEC approval

Headquartered in Switzerland, FTX Europe will offer FTX products in Europe, including crypto derivatives services. 749 Total views 32 Total shares The global crypto derivatives and spot trading exchange FTX is expanding to Europe after receiving approval from the Cyprus Securities and Exchange Commission (CySEC). The new venture called FTX Europe would offer leading products […]

Mar 07
Limelight to buy Yahoo's Edgecast in a stock deal valuing Edgecast at $300 million

Shares of Limelight Networks Inc. LLNW, -1.31% rallied 6.7% in premarket trading Monday, after the content delivery services provider announced a deal to buy Yahoo’s Edgecast Inc., a provider of security, content delivery and video services, in a stock deal that values Edgecast at about $300 million. Yahoo, which owns Edgecast, is owned by Verizon […]

Mar 07
The cryptocurrency market digest (BTC). Overview for 07.03.2022

BTC remains under pressure but there is no panic or extra emotions. The connection might be the following: after the US published solid February data on its labour market, investors decided that the American economy was so strong that it might easily “survive” several rate hikes. However, one should pay attention to a small detail: […]

Mar 07
EURUSD is at the lows. Overview for 07.03.2022

EURUSD continues falling and has already updated the lows of May 2020.  The major currency pair continues plummeting. The current quote for the instrument is 1.0871. The demand for the USD as a “safe haven” asset in the currency market remains high. Moreover, the statistics published last Friday gave the “greenback” a significant boost.  For […]