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Jun Du, co-founder of Huobi Global, told Cointelegraph that the Terra crash will slow down investor enthusiasm in the short term, but in the long term, the demand will recover. 3646 Total views 27 Total shares As the fall of Terra (LUNA) and TerraUSD (UST) may have a noticeable short-term impact on the decision-making of […]

President Joe Biden on Thursday said Sweden and Finland have the “full, total, complete” backing of the U.S. as they seek to become the newest members of NATO. In remarks at the White House while flanked by Prime Minister Magdalena Andersson of Sweden and President Sauli Niinistö of Finland, Biden said he is sending the […]

AUDUSD is slowly moving close to its local lows – the asset still hopes for a recovery.  The Australian Dollar is trying to rise against the USD on Thursday. the current quote for the instrument is 0.6966. The statistics published by Australia in the morning showed that the Unemployment Rate in the country dropped to […]

EURUSD remains volatile; the asset is very sensitive to any changes in the market sentiment.  The major currency pair fixed within a sideways range on Thursday. the current quote for the instrument is 1.0482. The US economy is now getting real confirmation that an inflation boost might really damage its key elements and mechanisms. Quarterly […]

The flight from risk assets becomes more apparent on growing concerns about global slowdown and even recession, in particular, markets appear to be pricing in that the US economy will not be able to carry out soft landing (lowering inflation while maintaining positive GDP growth) that the Fed pledged to deliver in spite of aggressive […]

Tesla Shares Lower AgainTesla shares are back under pressure this week. With tech stocks among the hardest hit during the current risk-off action, Elon Musk’s alt-energy and vehicle making company has seen further losses. Tesla shares are now down around 40% from the April highs. However, the big news for Tesla this week is that […]