News

Mar 17
Market Spotlight: Dollar Falls Despite Hawkish Fed, How Come?

Fed Delivers The GoodsThe Fed went ahead with the well-expected .25% hike at its March meeting yesterday. Along with raising rates, which were voted for 8-1, the Fed also upgraded its dot-plot forecasts and economic projections. The Fed now forecasts 7 hikes over the year, up from just three in December, in line with the […]

Mar 17
Silver Wave Analysis – 17 March, 2022

• Silver reversed from support level 24.50• Likely to rise to resistance level 20.50 Silver recently reversed up twice from the key support level 24.50 (previous monthly high from January), strengthened by the 50% Fibonacci correction of the upward impulse from February . The upward reversals from this support level 24.50 created the two daily […]

Mar 17
Platinum Wave Analysis – 17 March, 2022

• Platinum reversed from support zone• Likely to rise to resistance level 1040. Platinum recently reversed up from the support zone located between the support levels 1000.00 and 990.00 (which have been reversing the price from November), strengthened by the 50% Fibonacci correction of the upward impulse from February . The upward reversal from this […]

Mar 17
It’s official: Binance secures a license to operate in Dubai

It becomes the company’s second license in a Middle East jurisdiction obtained this week. 2776 Total views 50 Total shares Cryptocurrency exchange Binance announced on Wednesday that it had been granted a license to operate in Dubai, United Arab Emirates. The company’s presence in the Middle East has been building up lately, with a crypto […]

Mar 17
S&P takes Russia’s debt rating further into junk, saying country is ‘highly vulnerable’ to default

S&P Global took Russia’s debt rating deeper into junk territory late Thursday, saying it considers the country’s bonds “highly vulnerable to nonpayment.” S&P rated it CC/C, from CCC-/C, and kept a negative outlook. S&P downgraded Russia’s debt twice since late February, reflecting concern about sanctions and other economic difficulties after Russia’s invasion of Ukraine. Investors […]

Mar 17
The Internet of Beer: Robotics startup taps Bitcoin to deliver automated beverage

Using their Lightning Network-supporting wallets, participants were able to receive their own beer, poured just seconds after completing the transaction by scanning a QR code. 3234 Total views 56 Total shares Pubinno, a San Francisco-based technology firm that creates the “Internet of Beer” with artificial intelligence, robotics and cloud computing platforms, has now integrated a […]