Recent Run Gold prices remained relatively high at the Asian session maintaining $1,800 in trade value. The metal had a slow start at the beginning of the week as it marked a Doji candlestick on Monday trade after downtime in the previous week. The upward trend indicates candlestick joins mixed feelings about the Federal Government’s
Michael J. Hsu, US Acting Controller of the Currency, has mentioned the benefits of putting regulations in place in the cryptocurrency sphere, especially on stablecoins. He said regulating the space will give the first benefit of “peace of mind and security” to people using them. While being a speaker at the British-American Business Transatlantic Finance
The US dollar is having a difficult time in European markets as it heads towards its possible lowest week in over a year. Traders are currently considering the rates on interests by the Federal Reserve as too high. As of this morning, the Dollar Index tracking the dollar against 6 other fiat currencies around the
The US dollar is now fielding a continual decline amid inflation concerns despite the increase in Treasury yield as foreign currencies begin to outperform the S&0 500 and Nasdaq-100 US Dollar leveraged indexes. The US dollar continues to dip as investors and traders are happily betting against the green paperback. The ironic decline scenario despite
In the wake of the new omicron covid-19 variant, pessimism about the United States’ economy near-term outlook has risen to an 18-months all-time high as inflation rates continue to hit new all-time highs. The IBD/TIPP latest poll report has revealed a major paradigm shift in investors’ perception that has seen most of the group showcase
The United States Federal Trade Commission has warned the general public of the presence of a new playbook that is now being invoked by scammers that range from impersonation to theft using crypto ATMs. The global growth of the crypto industry post-Covid-19 has made the industry a hotspot for nefarious individuals and bad players. The
As we approach 2022, cryptocurrency breaches persist, with Peckshield reporting losses of $6.8 million in ETH-based tokens via Liechtenstein-based LCX AG. One of LCX AG’s hot wallets has been hacked due to a security issue. They announced the news on Twitter, assuring clients that they had taken safety precautions to safeguard other wallets and valuables.
Ethereum is a platform for digital currency, international transactions, and apps. The network has created a thriving digital market, as well as innovative novel approaches for producers to make money online. It’s accessible to anybody, anywhere in the globe – everything that you’d be requiting is an internet connection. LCX is dedicated to assisting both
BTCS, a blockchain firm listed on the Nasdaq stock exchange, has revealed that it will pay its next dividend in BTC and, in so doing, becomes the first firm to ever do so in the history of the exchange. Part of an official statement from the company sent to the sec states that it will
A famous analyst and participant of India’s Monetary Policy Committee claims that a complete cryptocurrencies ban will be hard to impose, and it’d just promote illicit practices and darknet involvement. She feels that cryptocurrencies must be controlled. Members of Monetary Policy Committee Believes Total Cryptocurrency Ban Would be Hard to Execute During a discussion on
The price of Bitcoin has crashed after the news about the COVID-19 variant has hit the market. The investors who have placed their bets in Bitcoin are not sure how to deal with their claims that Bitcoin is the perfect hedge against inflation. One of the biggest critics of Bitcoin has taken this chance to
Most centralized governments have been debating on the matter of CBDC or a Central Bank Digital Currency project. However, the association of the private banking sector in Japan is ready to launch the new digital yen before the end of the current year. The group of banking units that include names like Mizuho, MUFG, SMBC,
