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U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate. Inflation in the US Remains High, Causing Uncertainty in Markets Inflation in the United States exceeded expectations among analysts … Read more
A combination of RSI, Bollinger Bands and MACD indicators can help investors confirm winning trades. Go to Source Powered by WPeMatico
Hong Kong has seen a growing interest in global crypto and fintech player over the years as Interactive Brokers joins the list. Go to Source Powered by WPeMatico
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in circulation to 15.87 billion. Stablecoin BUSD Sees Increased Redemption Activity During Regulatory Scrutiny The stablecoin BUSD … Read more
The freedom to stick to what makes the most sense financially sprouted various classes of investors, each distinguished by their intent behind crypto investments. Go to Source Powered by WPeMatico
According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang discussed how the purchasing power of the U.S. dollar has dwindled to “roughly three cents,” her belief that central bank digital currencies (CBDCs) will … Read more
Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left them unable to continue offering their bitcoin trading services. The Challenges Faced by Localbitcoins and its Ultimate Demise in the Crypto Market The first … Read more
Analysts seem to be divided as to whether a bull run is now in session despite many key indicators suggesting the same. Go to Source Powered by WPeMatico
The LIFI executive proposed that a team of four researchers be appointed to study the idea of a multi-bridge approach. Go to Source Powered by WPeMatico
The first-ever case of crypto insider trading highlights the need for reforms from exchanges to keep track of their employee’s trade activities. Go to Source Powered by WPeMatico