News

May 21
JPM Coin: JP Morgan is creating its own crypto asset

JP Morgan is rolling out the first US bank-backed cryptocurrency As reported by The New York Times, JP Morgan officially became the first major US bank to launch a cryptocurrency called JPM coin that is going to have real-world use. It is a mistake to think that Mr. Dimon is anything but for blockchain, as […]

May 20
Asian shares steady after slump, oil jumps on Saudi

Asian shares steadied on Monday as investors caught their breath following another week of escalating U.S.-China trade tensions, with sentiment turning brighter after the United States said it would lift tariffs in North America. Asian Shares Australian shares underpinned the market’s firmer mood, jumping 1.7%. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.6%. […]

May 20
Libertex adds Pinterest CFDs on its trading platform

Libertex trading platform continues to expand the list of assets for its clients after the recent incorporation of Lyft to its platform. The Libertex trading platform announces the launch of CFDs (contracts for difference) for Pinterest (PINS), valued at $10 bn after the IPO that took place this April 17th, 2019. The IPO price, initially set […]

May 17
Asian shares struggle for footing after tough week

Asian shares were trying to end a bleak week in the black on Friday as upbeat U.S. economic news and solid company earnings offered a respite from the interminable Sino-U.S. trade saga. Asian shares “Chinese stocks are mounting a rebound as they had been oversold in recent sessions. Sentiment is also better as President Trump […]

May 17
Terra raises funds from LuneX Ventures

The next generation blockchain payment system, Terra, announced that it has earned a strategic investment from LuneX Ventures, the crypto-focused investment arm of Golden Gate Ventures. This investment allows Terra to further its expansion through Southeast Asia and Singapore. Terra’s growth owes to an ever-growing eCommerce alliance across Asia. This alliance holds a collective annual […]

May 16
Asian shares slip as U.S. sanctions on Huawei threaten fresh tensions with China

Asian shares struggled to find their footing on Thursday as confidence was shaken after the U.S. government hit Chinese telecoms giant Huawei with severe sanctions, threatening to further strain Sino-U.S. trade ties. Asian shares “Chinese stocks are mounting a rebound as they had been oversold in recent sessions. Sentiment is also better as President Trump […]