News

Aug 30
Fiscal policy and planning for resilience

At last week’s meeting of the ECB’s Governing Council, we decided to increase our main policy rate by 50 basis points.  This continues the normalisation of our monetary policy, a path that we had started to travel on last December. Our aim is to dampen the inflationary pressures that we’re seeing in the euro area […]

Aug 30
US30USD, H4 | Potential Bearish Drop

Type: Bearish Breakout Key Levels:Resistance: 32613.63Pivot: 31890.53Support: 30448.75 Preferred Case:On the H4, with price breaking the ascending trendline and moving below the ichimoku indicator, we have a bearish bias that price will drop to pivot at 31890.53 where the pullback support, 100% fibonacci projection, 61.8% fibonacci retracement and 127.2% fibonacci extension are. Should price break […]

Aug 30
Higher real income growth, reduced spending and precautionary savings contributed to significant increase in Irish household deposits during the pandemic

Central Bank Economic Letter finds that, while household deposits increased across all euro-area countries during the pandemic, Irish deposit growth was among the highest, exceeded only by Baltic countries. Unlike Ireland, these countries had very high pre-pandemic deposit growth, marking the Irish experience as exceptional. While the virus and related restrictions reduced spending, a higher […]

Aug 30
Binance Aus ramping up measures to protect vulnerable users, says CEO

The general type of people Binance Australia has flagged as vulnerable users are the elderly, people that live in remote areas, or those with disabilities. 428 Total views 5 Total shares Binance Australia is tightening up its onboarding process for new users as part of a push to protect users it’s flagged as most vulnerable […]

Aug 30
‘Most of crypto is still junk’ and lacks use case — JPMorgan blockchain head

JPMorgan’s Umar Farooq said that use cases haven’t arisen fully and regulation hasn’t yet caught up. 320 Total views 19 Total shares The head of JPMorgan’s digital assets unit Umar Farooq has suggestedthat most of the crypto assets on the market are “junk” and that real crypto use cases are yet to fully present themselves. […]

Aug 30
Ripple counsel: SEC’s shakedowns leave consumers holding the bag

The response comes as Ripple Labs and other critics believe the SEC has overstepped its mark on the enforcement of the crypto space. 536 Total views 6 Total shares Ripple Labs General Counsel Stu Alderoty has hit back at a recent opinion piece by Security and Exchange Commission chairman Gary Gensler, arguing that the regulator’s […]