BlockFi Entangled in Bankruptcy Scandals Over User Accounts

While consumers last accessed their wallets in November of the previous year, BlockFi, the collapsed virtual asset lender, is locked in a bankruptcy lawsuit struggle. The battle is playing out on a court docket, with the struggle over user accounts becoming so tight that the company debtors have urged the creditors in the lawsuit to … Read more

USD/JPY Exchange Rate Stable: Technical Analysis

USD/JPY Remains Stable as Traders Await Key Economic Reports On Tuesday, the USD/JPY exchange rate showed little movement as traders hesitated to take new positions ahead of several critical economic reports coming out of the United States. The cautious approach of investors stems from the potential impact these reports could have on the value of … Read more

USD/JPY Faces Turbulent Week with Yen Hitting 2023 Lows: Technical Analysis & Resistance Levels to Watch

USD/JPY Faces Turbulent Week with Yen Hitting 2023 Lows The USD/JPY pair has had a turbulent week, with the yen dropping to its lowest value of 2023 at 135.11. This drop comes after a week of market volatility, as investors sought refuge in safe-haven currencies amidst the Ukraine-Russian conflict. Despite this tumultuous week, the USD … Read more

Future of Digital Currency: Evaluating Bank of Japan’s 2023 CBDC Pilot Program

Japan’s XRP Popularity Skyrockets The Proposed Cryptocurrency Licensing Regulation in Hong Kong Uchida Shinichi, Japan’s central bank executive director, announced in a Liason and Coordination Committee meeting that the bank intends to introduce a central bank digital currency. The release is set to be on April 2023, after a prosperous proof of concept (PoC). A … Read more

3 FTSE 100 Stocks with Over 2% Profit & Positive Growth Forecast for 2023 – Ryan Hogg’s Investment Tips

Ryan Hogg suggests three FTSE 100 stocks that offer a profit of over 2% and are expected to experience positive growth in 2023. The mid-February performance of the FTSE 100 has been impressive, with the UK avoiding a recession and price drops. Meanwhile, the US is adopting a hawkish turn based on analysis ratings and … Read more

The Crypto Is Here To Stay – Deciphering

Brazilian Central Bank Embraces Crypto Tax Payments Metaverse Effect on Social Media Platforms EU Banks Prepare for Strict Crypto Regulations Circle Sounds the Alarm on Binance’s Token Brazilian Central Bank Embraces Crypto Tax Payments In the middle of the wide use of cryptocurrencies, the Brazilian Central Bank has utilized the opportunity to collect taxes through … Read more

Big Boost to the Crypto World: Countries Receive Crypto-Related Privileges

Visa’s Partnerships With Wirex Strengthens Does Web3 Need Regulations? Visa’s Partnerships with Wirex Strengthens operates. A diverse American corporation, Visa partnered with Wirex, a crypto alternative banking service provider designed for Web3. Wirex and Visa made a significant footprint by opening new opportunities in the Asian region, USA and Europe at large, thus providing Wirex … Read more

Breaking Key Resistance Levels: Assessing FTSE 100’s Upward Trend

The FTSE index has been trying to break crucial resistance levels recently. But, according to market data and charts, the index has room to grow further in the coming weeks.  The FTSE 100 Despite the FTSE index’s recent gains, many market analysts believe it has room to grow further in the coming weeks. The index … Read more

Understanding the Doji Candlestick: A Guide for Forex Traders & Investors

The Japanese candlestick charting technique has been widely used for centuries in the world of trading. One of its key patterns, the Spinning Top, is a symbol of indecision in the market and can play a crucial role in a trader’s decision-making process. Moreover, this intriguing pattern features unique characteristics, making it a subject worth … Read more

Electronic Arts: Stock Prices Decline Amid Challenges, but History Suggests Upward Trend

Electronic Arts Downward Trend The Electronic Arts company, EA, has recently seen a decline in its stock price, with shares dropping by 6%. This underperformance contrasts with the Nasdaq, which has been experiencing strong growth in the new year. EA’s decline is largely attributed to their Q3 results, which came in $2.3 billion below consensus. … Read more

Technical Analysis Suggests Bullish Outlook for S&P 500 with Key Technical Levels to Watch

S&P 500 The recent decision by the FED to raise interest rates by 25 basis points was in line with what most analysts had expected. This move, combined with the Bank of England’s recent 50% rate hike, has contributed to a bullish state in US equities. While the Fed’s action is perceived as dovish compared … Read more

GBP/USD Pair Shows Bearish Trend: Technical Analysis & Impact of UK GDP Data

The currency exchange market has been volatile recently, with the GBP/USD pair showing significant movement. The pair has been heading toward the 1.2000 mark, despite experiencing several losses in the previous week. Currently, the exchange rate stands at 1.2030, reflecting the impact of recent events and decisions made by central banks. The downbeat of the … Read more