Bitcoin dropped ahead of the Federal Reserve meeting due later today, as traders switched to a wait-and-watch mode. The total crypto market fell over 2% to $3.88 trillion, with the crypto fear and greed index showing no improvement from the previous day, holding steady at a neutral 51, even as several bullish catalysts had lined […]
Read More
The GBP/USD exchange rate remained in a tight range this week as investors focused on the recent statements by Jerome Powell and Andrew Bailey, and the recently released UK jobs numbers. It was trading at 1.3342 on Wednesday, down from the year-to-date high of 1.3790. Dovish Federal Reserve statements The GBP/USD exchange rate was under […]
Read More
Elon Musk, the world’s richest person, used the closing minutes of Tesla Inc.’s quarterly earnings call to launch a fiery defence of his proposed $1 trillion pay package, lashing out at proxy advisory firms that have urged shareholders to vote against the plan. In a characteristically unscripted moment on Wednesday, Musk interrupted his chief financial […]
Read More
The Indian rupee slump accelerated on Friday, reaching its lowest level on record as investors reacted to the ongoing trade conflict with the United States. The USD/INR exchange rate was trading at a record high of 88.20. It is up by 5.17% from its lowest level in April this year, making it the worst-performing currency […]
Read More
US stocks declined modestly on Wednesday as investors digested a new round of corporate earnings and looked ahead to key economic data later in the week. The Dow Jones Industrial Average fell 92 points, or 0.2%, after hitting a record high in the previous session. The S&P 500 slipped 0.1%, and the Nasdaq Composite lost […]
Read More
Marvell Technology stock price has staged a strong comeback in the past few months, moving from a low of $47 in April to a high of $92.90. This rebound continued this week amid reports that Masayoshi Son considered placing a bid for the company, and after it published strong results. Softbank considered buying Marvell Technology […]
Read More
Pi Network price has been in a strong uptrend this week as investors bought the dip and cheered the rumors of its ISO certification. It rose to a high of $0.2918, up by 87% from its lowest level this month. This article explores why the Pi crypto jumped and what to expect in the near […]
Read More
The EUR/USD exchange rate was flat this week as market participants reflected on key events, including the statement from Jerome Powell and the important macro data from the United States and Europe. It was trading at 1.1665 on Friday as investors waited for the upcoming US PCE report. Focus on the US monetary policy The […]
Read More
US-listed spot Bitcoin exchange-traded funds (ETFs) saw net outflows of $470 million on Wednesday as Bitcoin briefly dropped to $108,000 before recovering, according to data from Farside Investors. The withdrawals marked a reversal after two consecutive days of inflows earlier in the week. Date IBIT FBTC BITB ARKB BTCO EZBC BRRR HODL BTCW GBTC BTC […]
Read More
Argentina is anticipated to ease its foreign exchange policy following this month’s midterm elections, as analysts and investors warn that the peso’s current trading band may not last much longer. According to Reuters, the projected shift follows greater US financial support, which some fear may simply postpone further modifications to the troubled currency. US backing […]
Read More