Japan Forms Expert Panel to Investigate the Introduction of Digital Yen

According to recent reports, the Ministry of Finance in Japan is actively considering the implementation of a central bank digital currency or CBDC. To explore this possibility, the Ministry is setting up a professional panel, which is set to convene in the coming month. The conference will be responsible for thoroughly evaluating the feasibility of … Read more

AI Global Group Review – Is AIGlobalGroup Scam or a Recommended Crypto Broker?

AI Global Group Review AI Global Group is a leading online platform providing traders with several trading tools and assets. The trading approaches have changed with time as technology is continuously evolving. People want to maximize their profit through online trading platforms. This increases the importance of choosing reliable platforms for trading. This AI Global … Read more

USD/CHF and GBP/USD Technical Analysis: Weekly Recap and Future Outlook

As we look forward to the new week, reflecting on the currency movement in the past week is important as economic data continues to trickle in from nations worldwide. USD/CHF Technical Analysis The USD/CHF currency pair has experienced a significant decline recently, falling below the convergence of the 20 and 50-day exponential moving averages (EMA) … Read more

Stock Market Downturn: SVB Financial Group’s Stock Plummets 61%, Banking Sector in Turmoil

On Friday, the stock market experienced a significant downturn, with the Dow Jones Industrial Average down by 1.7%, the S&P 500 declining by 0.4%, and the Nasdaq declining by 0.1%. These declines are primarily due to the February jobs report, which fell short of expectations. Moreover, the market is in turmoil due to the emergency … Read more

Silvergate’s Future – Is It Promising?

Crypto’s favorite bank, Silvergate, may be about to surprise the Cryptocurrency market with a comeback after rumors of a possible bailout promising to secure Silvergate’s future. The bank, which has been on its deathbed for the last couple of months, had few chances of surviving, with its share prices continuously dropping. In a filing done … Read more

Global Risk Appetite Improves as Major Indices Rise: Weekly Forex Forecast

The global risk appetite improved in the first week of March. The Dow Jones saw an uptick of 1.79% in the US, while the S&P followed suit with a 1.86% increase. In Europe, the Dax 40 increased by 2.59%, while the FTSE of London was up 0.46%. The Nikkei 225 gained 1.73% in Asia, while … Read more

EUR/USD Rises Above 1.06000 on Risk Appetite Boost: Technical & Fundamental Analysis

The EUR/USD pair rose above the 1.06000 level, fueled by a boost in risk appetite weighing heavily on the US dollar. The greenback was also impacted by a surge in US equities, which closed with weekly gains. Additionally, data from the US indicated that the services sector continued to grow steadily in February. In addition … Read more

USD/JPY Fluctuates Following US Economic Data – Bond Yields & Economic Uncertainty Weighing on Yen

On Thursday, the USD/JPY pair increased to 137.08 following an economic data release in the US. This increase marked the lowest level for the pair since December 20th, 2022. However, despite the initial boost, the pair could not maintain its hold above the 137.00 level, fluctuating around 136.60. Regarding the economic data released, there were … Read more

Thousands of Ukrainians Enroll for Free Crypto Courses

Ukraine Minister of Digital Transformation Mykhailo Fedorov announced that Ukraine’s Digital Education portal had begun its first class with tens of thousands of Ukrainians enrolling; these classes are intended to initiate crypto literacy among Ukrainians. Minister Mykhailo Fedorov further announced that the crypto course is yet to become the biggest virtual asset development project in … Read more

Gold Struggles to Rebound Amid USD Demand & Rising Interest Rate Expectations

Gold Struggles to Capitalize on Monday’s Rebound Gold, one of the most sought-after precious metals, has struggled to gain in recent trading sessions. On Monday, the price of gold might recover, following a brief rebound from $1,807-$1,805. However, any optimism was quickly dampened as fresh supply emerged early on Tuesday, resulting in the precious metal … Read more

Binance Secretly Transfers $1B of User Funds

Following on what happened to one of the leading crypto service providers, FTX, and the factors that led to its collapse, it is reported that the leading virtual asset exchange is alleged to have committed something similar to that of FTX. The crypto exchange firm allegedly secretly transferred consumer funds valued at around two billion … Read more

Berkshire Hathaway Posts Record Annual Profit Despite Q4’s Deteriorated Returns

Berkshire Hathaway Inc, one of the world’s largest and most well-known conglomerates, owned by the legendary investor Warren Buffet, has reported its highest annual operating profit. This news comes despite a drop in profits for the fourth quarter due to foreign currency losses and lower gains from investment ventures. Buffet, known for his long-term investment … Read more