Search result for currency
U.S. employment data boosts the dollar and yields, and gold prices fall.
On Thursday, gold prices dipped as the U.S. weekly jobs data suggested a tight labor market, which could keep the Fed on its rate-hiking cycle and support the currency and Treasury yields.
At 3:23 p.m. ET on Thursday, spot gold had fallen to $1,836.39 per ounce after gaining in each of ...
Terraform co-warrant founder's for cryptocurrency collapse is denied by a court.
On Saturday, a Seoul court refused a request to detain Daniel Shin, co-founder of Terraform Labs, on suspicions of illicit profiteering prior to the dramatic collapse of the blockchain firm's cryptocurrency.
Prosecutors have also requested arrest warrants for three other Terraform L...
Flowdesk, a French platform, earns $30 million to support cryptocurrency financial services
Interconnection with more than 60 cryptocurrency exchange platforms is permitted by the Paris-based provider of digital asset services.
The French provider of digital asset services currently permits connecting to more than 60 platforms for cryptocurrency exchange. With the additional c...
According to a European scholar, the UAE is a pioneer in cryptocurrency legislation
According to a leading European professor, the UAE, Japan, and Singapore have become the leaders in efficiently regulating the cryptocurrency sector.
According to Guy Burton, an adjunct professor of politics and international relations at the Brussels School of Governance, "as cryp...
The Age of Crypto Payment Cards is Finally Here
Absolute Markets Insights (AMI) reports that the global cryptocurrency based payment card market is projected to register a growth rate of 35.68% during the 2021-2029 period in its newly released report. This growth is attributed to the rise in the number of crypto transactions globally, which in...
Singapore Central Bank’s Guidelines Discourage Crypto Trading
On Monday, the Monetary Authority of Singapore issued guidelines limiting the promotional activities of the cryptocurrency trading service providers for the general public. The MAS intends to protect retail investors from potential risks by doing so.
Singapore is home to a number of cry...
Coinbase cares for its employees
Highlights:
- Coinbase declares the entire company will be taking a break to allow staff to rejuvenate.
Coinbase, a cryptocurrency exchange platform American company that operates remote-first and lacks an official physical headquarters. The com...
Crypto terror in Pakistan
Highlights:
- Pakistan has issued a warning to Binance
Binance is a cryptocurrency exchange platform. It was founded in 2017 headquartered in the Cayman Islands.
FIA (Federal Investigation Agency) has issued a notice to Binance. A scam ...
Pantera’s Bitcoin Feeder Fund touches a $63.7 million funding
An American hedge fund, Pantera Capital that manages more than $6.4 billion in its blockchain-related assets, today has now accumulated funds around $63.7 million 153 investors for its Bitcoin Feeder Fund.
Pantera Capital was founded in the year 2003, CFO Dan Morehead (By former Tiger m...
Find Out What are the Important Factors Boosting the Demand of Cryptocurrency Payment Apps Market 2021 - 2029 - A Report by Absolute Markets Insights
The cryptocurrency has been mainly used for different types of applications, which includes remittance, payment as well as trading. The applications are also responsible for driving the gl...
PBOC RAISE RESERVE REQUIREMENT RATIO FOR FOREIGN CURRENCY DEPOSITS
Highlights –
- PBOC raise reserve requirement ratio for foreign currency deposits.
- Chinese currency renminbi (RMB) remains high against the U.S. dollar.
- RMB has likely experienced some overshooting against the U.S. dollar.
- RM...
INDIA'S FOREX RESERVES RISE TO USD 589.465 BILLION
HIGHLIGHTS
- India's Forex Reserves have risen to US $ 589.465 billion.
- FCA of India have also increased.
- In the same period, the Gold Reserves of India also increased.
India's foreign exchange (Forex) reserves have ...
FALLING BTC PRICES MAKES MICROSTRATEGY BUY MORE BITCOINS
Highlights:
• MicroStrategy makes a second purchase of bitcoins in a week worth $10 million in cash
• Earlier in the week, another lot was bought for $15 million
The CEO of MicroStrateg...
ONE OF EUROPE’S LARGEST CRYPTO-EXCHANGE, COINSBIT WILL LAUNCH IN INDIA
Highlights:
• Coinsbit will launch with attractive promotional offers
• The exchange will aim to be one of India’s leading platforms
After Coinbase it is Coinbit that will launch ...
COINBASE POSTS EXCELLENT Q1 RESULTS; SHARE PRICE OFFERING INCREASES TO $440
Highlights:
• Coinbase’s excellent total revenue for Q1 has made DA Davidson increase its share prices by 125%
• The share prices will now be $440 once Coinbase is listed
Coinbase...
35TH FORBES BILLIONAIRE LIST OF CRYPTOCURRENCY BILLIONAIRES
Highlights:
• The number of cryptocurrency billionaires increased from 4 in 2020 to 12 in 2021
• Most of the billionaires are early investors in BTC
With the steady rise of bitcoin, ins...
GROWTH LED BY BTC CAPS CRYPTO-MARKET @$2.02 TRILLION
Highlights:
• The growth of the crypto domain has been exponential through the pandemic
• A major chunk of this growth was led by BTC
The cryptocurrency domain has been booking favours ...
CRYPTOCURRENCY EXCHANGE COINBASE WILL LAUNCH ITS PUBLIC LISTING ON APRIL 14 2021
Highlights:
- Coinbase’s public listing has been long-awaited
- The predicted price range per share is pegged at $300 to $350
The much-awaited public trading of Coinbase scheduled to begin on 14 April 2021. The stock prices of the exchange are pred...
ELECTRICAL POWER CONSUMPTION BY CRYPTO MINING FIRMS
Highlights:
• Huge electricity consumption is an undeniable fact of the crypto mining industry
• Quebec is a preferred location for miners for its super cold w...
IS TESLA’S SELLING CARS FOR BTC A GIMMICK?
Highlights:
• Experts are advising against buying Tesla cars for BTC
• China is currently questioning Tesla’s safety and quality standards.
Elon Musk is like the &ldqu...