The crypto market remained on edge today as investors remained on the sidelines after the hawkish Federal Reserve interest rate decision on Wednesday. Bitcoin was trading at $110,000, the market capitalization of all tokens dropped to $3.7 trillion. This article conducts a forecast on some of the most actively traded tokens like Shiba Inu (SHIB), […]
Read More
The Turkish lira continued its strong plunge this month, reaching its all-time low. The USD/TRY exchange rate rose to 41.15, up by over 41% from its lowest level in January this year. Improving the Turkish economy The USD/TRY exchange rate has surged this year, even as macro data showed that the country’s economy was doing […]
Read More
US markets rebounded on Thursday, led by technology stocks, as investors reacted positively to strong corporate earnings and easing geopolitical concerns following news of an upcoming meeting between US President Donald Trump and Chinese President Xi Jinping. Meanwhile, Nvidia and Uber unveiled a major partnership in autonomous vehicle development, OpenAI announced a key acquisition aimed […]
Read More
US stocks advanced on Friday after softer inflation data bolstered optimism that the Federal Reserve will maintain its rate-cutting trajectory, reinforcing hopes of continued economic support and higher equity valuations. The Dow Jones Industrial Average rose 228 points, or 0.5%, while the S&P 500 gained 0.6% to hit a new record. The Nasdaq Composite climbed […]
Read More
Conexus, Venezuela’s leading payments processor, plans to integrate Bitcoin and stablecoins like Tether (USDT), into the country’s banking network. The payments giant, which handles roughly 40% of electronic transfers in Venezuela, is eyeing a blockchain-based interbank network. Per a local report, the aim is to bring Bitcoin and stablecoin custody services to the banks’ customers. […]
Read More
The USD/JPY exchange rate remained in a consolidation phase last week as traders focused on the upcoming actions by the Bank of Japan (BoJ) and the Federal Reserve. It was trading at 147, where it has remained in the past few days. It has dropped by over 7.5% from the year-to-date high. US nonfarm payrolls […]
Read More
The crypto market was highly eventful in October as Bitcoin price surged to a record high of $126,300 and then crashed to a low of $103,500. Other tokens surged to a multi-month high, then plunged on October 11, and then rebounded by double digits. This article explores some of the top crypto to buy for […]
Read More
Tesla Inc. shares surged over 5% on Monday after Morgan Stanley analyst Adam Jonas said the electric vehicle maker had effectively “solved” autonomous driving, sparking renewed investor optimism around the company’s self-driving and robotaxi ambitions. The comments followed CEO Elon Musk’s recent claims that Tesla could remove safety drivers from its robotaxis in Austin, Texas, […]
Read More
A product tanker flying the Maltese flag was boarded by pirates off the coast of Somalia, according to a Reuters report on Thursday. The vessel’s manager confirmed that the 24 crew members are reported to be safe. Recent attacks by armed assailants on vessels have heightened concerns regarding shipping lanes in this region, which is […]
Read More
The Zimbabwe ZiG currency moved sideways this week, even as gold price surged to a record high and the central bank unveiled plans to make it the sole currency in the country. The USD/ZWG exchange rate was trading at 26.74 on Monday, inside the range it has remained in the past few months. Zimbabwe’s gold-backed […]
Read More