The Swiss franc relentless crash continued on Monday. The USD/CHF pair has risen in the past seven straight weeks and is trading at the highest point since May 2019. Similarly, the EUR/CHF pair has ri...
News
Bitcoin Conference in El Salvador Attracts 44 Countries
El Salvador’s president has announced that 32 central banks and 12 financial authorities will convene in the country to discuss bitcoin. The meeting of 44 countries will focus on financial inclusion,...
Crypto Prices Move in Tandem With Traditional Markets, Punishing Investors
Cryptocurrency prices are moving in lockstep with stocks and bonds like never before, punishing those who bought bitcoin and other digital assets in part to diversify their investment holdings. The th...
Binance’s CZ hopes Terra can rise again
The Terra project is now clearly dead, but there is a revival plan in place and Binance CEO CZ hopes it will work. Binance CEO CZ hopes for a revival of the Terra ecosystem However, there are many who...
Adani Group To Acquire Holcim’s India Business In $10.5 Billion Deal
Swiss building materials manufacturer Holcim Group. Holcim Indian billionaire Gautam Adani’s company is acquiring Swiss building materials manufacturer Holcim Group’s Indian arm in a $10.5 billion dea...
A $100 Billion Comedown: Soaring Defaults Shrink Asia’s Junk-Bond Market
Once the place to be for yield-seeking global investors, Asia’s junk-bond market has shrunk drastically and new debt issuance has slowed to a trickle. Less than 18 months ago, the dollar-bond market f...
The Next Luna And UST? Crypto Market Now Braced For Another Earthquake After Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Avalanche And Polkadot Price Crash
Bitcoin BTC , ethereum and cryptocurrency prices have been left reeling from the collapse of the terraUSD (UST) stablecoin and its support coin luna this week—though luna has shocked some by staging a...
Elon Musk Claims Twitter Legal Team Told Him He Violated NDA
Currently, Musk’s acquisition of Twitter is “temporarily on hold” as the billionaire is still waiting for the accurate number of spam accounts to see if it is really less than 5 % as the social media ...
Nigeria’s markets regulator publishes set of rules for digital assets
Nigeria’s markets regulator has published 54 pages of regulations for digital assets, as the country may be stepping back from an earlier ban on cryptocurrencies. Last February, the Central Bank...
Bulls, bears, and their ongoing brawl over a land full of SAND
It has been three weeks since SAND broke out of its wedge pattern with the bears ready to take over. The token just concluded another bearish week by being oversold, before recovering by approximately...
Dogecoin Has Potential as Currency, Says Elon Musk
Elon Musk, the world’s richest person, has shown his support for Dogecoin (DOGE) in the past. From calling DOGE the “people’s crypto” to revealing his Dogecoin holdings, Musk’s actions had a significa...
Are The Hinman Memos The Key To The Case?
The U.S SEC vs Ripple dispute has proven to be an important lawsuit for the Cryptocurrency world. As its verdict will eventually define and rectify the commission’s outlook toward the digital assets. ...
What is a high-deductible Medigap plan, and is it worth the cost?
This article is reprinted by permission from NerdWallet. Medicare Supplement Insurance, or Medigap, covers “gaps” in Original Medicare coverage, including certain copays, coinsurance and deductibles....
Grayscale Launches First European ETF
Arman Shirinyan Grayscale is getting ready for a launch that could change the company’s performance on the market One of the world’s largest digital currency asset managers announced the l...
JetBlue to Launch Tender Offer for Spirit, Urge Shareholders to Vote Against Frontier Deal
JetBlue Airways Corp. said it plans to launch a hostile takeover attempt for discount carrier Spirit Airlines Inc. after Spirit rejected JetBlue’s $3.6 billion offer in favor of an existing deal with ...
Lucid stock pops over 14% in a day after officially announcing it’s landed in Europe
On May 13, Lucid Motors (NASDAQ: LCID) officially opened its ‘Lucid Studio’ in Munich, Germany. This marks LCID’s first European retail location, situated in Odeonsplatz. Shares of the company jumped ...
Dormant wallet with 1000 Bitcoin activated since 2013
For the first time in 9 years, a wallet with 1000 Bitcoin in it has been activated. A 1000 Bitcoin wallet awakened While the cryptocurrency market, following the recent crashes of the last few weeks r...
Is VOD a buy ahead of earnings?
The Vodafone (LON: VOD) share price remained under pressure on Monday morning as investors reacted to news that Etisalat had bought a stake in the company. The shares declined to a low of 14.63p, whic...
Where Are the $3.5 billion Terra’s Bitcoin Reserves, Should this be a Matter of Concern?
The Terra Foundation after accumulating a huge number of Bitcoins worth billions surprised the entire crypto space as it stood as the second-largest BTC holder after MicroStrategy. However, things got...
Calb to Tap More Banks for $1.5 Billion Hong Kong IPO, Sources Say
(Bloomberg) — Calb Co., a Chinese battery supplier for electric vehicle makers, has added more banks to arrange its planned Hong Kong initial public offering, which could raise as much as $1.5 b...
Bitcoin, Ether and Other Top Cryptos See Minor Market Recovery
The crypto market has indicated some signs of little recovery with major crypto coins trading slightly higher on Monday. The global cryptocurrency market cap is currently trading slightly higher at $...
Terra validator wants old chain shut down 1
Terra has continued to settle down after a series of decline runs to reach its lowest level since its creation. Although all that is now partly over, its community is still very far from impressed. As...
Luna Foundation Guard Member Says Terra Reserves En Route
A high-ranking member of the Luna Foundation Guard (LFG) said on Monday that the foundation’s reserves are almost ready to be deployed, barring a few technicalities. The reserves will be largely targe...
Ethereum Founder Vitalik Buterin Supports TerraUSD (UST) Recovery Plan That Prioritizes Small Holders
Ethereum founder Vitalik Buterin says he supports a suggestion on how to reimburse holders of TerraUSD (UST) following the massive collapse of the Terra ecosystem last week. Originally put forth by a ...
First 7-week losing streak in history ― 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week under $30,000 as the battle to save the market from fresh lows grinds on. After hitting its highest since the Terra LUNA crash last week, the largest cryptocurrency non...
Former IG Head Peter Hetherington Becomes Capital.com and Currency.com CEO
Viktor Prokopenya-owned group of trading companies named Peter Hetherington as the new Group Chief Executive Officer of Capital.com and Currency.com. The new appointment came as Jon Squires resigned f...
Bitcoin Has No Future as Means of Payment, Says FTX CEO
Alex Dovbnya Billionaire boss of the FTX exchange says that Bitcoin has no future as a means of payment FTX CEO Sam Bankman-Fried poured cold water on Bitcoin during his recent interview with the Fina...
Why Is Bitcoin The Most Popular Cryptocurrency?
– Advertisement – Bitcoin is the most popular cryptocurrency because it was the first one created. Bitcoin is also a decentralized currency, not subject to government or financial institut...