Latest Market News

Feb 11
Market Spotlight: US CPI Hits 40 Year Highs

USD Ending the Week HigherThe US Dollar is trading on a better footing into the end of this week following a further lift from the US January CPI reading yesterday. Headline inflation was seen rising 0.6% on the month, better than the prior month’s 0.5% reading and the expected 0.4% reading the market was looking […]

Feb 11
FOMO Friday: Oil Ends The Week In The Red

Well, it’s been a much quieter week for FX markets. On the back of the US jobs report last week the market appears to be awaiting the next major catalyst. We have seen some interesting moves, however, with the reversal lower in EUR, and strength in AUD and NZD headlining the week’s action. However, talking […]

Feb 11
Bunny and Qubit turns to DAO following $80 million bug exploit

The exploit took place on the Ethereum-BSC bridge that saw the hacker use $185 million as collateral to steal $80 million worth of tokens from lending pools. 1250 Total views 50 Total shares The development team behind Bunny Finance and Qubit has decided to disband the protocol and turn it into a decentralized autonomous organization […]

Feb 11
Tennessee Valley Authority won't cut power despite new cannabis law in Mississippi

The Tennessee Valley Authority said Thursday that service to its customers remains unchanged and there will be no interruption in wholesale power in reaction to newly-signed medical cannabis law in Mississippi. The TVA provides electricity to power companies operating in part of the state. “TVA has an obligation to serve our customers with safe, reliable […]

Feb 11
Bitcoin briefly dethroned by unknown altcoin due to CoinGecko glitch

The list of top-valued coins on CoinGecko briefly went somewhat irrelevant, with BTC falling behind the “Relevant” token. 1302 Total views 5 Total shares CoinGecko, one of the largest cryptocurrency tracking websites in the world, suffered a major glitch on Friday morning, with Bitcoin (BTC) mistakenly losing its position as the largest digital currency by […]

Feb 11
Bloom Energy stock rallies after Q4 sales top views

Shares of Bloom Energy Corp. BE, -3.37% rose more than 8% in the extended session Thursday after the alternative-energy company reported quarterly sales that were above expectations. Bloom said it lost $33 million, or 19 cents a share, in the fourth quarter, compared with $52 million, or 30 cents a share, in the year-ago quarter. […]