Visa Records More Than $2 Billion Worth of Transactions on Crypto-Linked Cards in Q1, 2022

Global payment platform, Visa, has announced that in its latest earnings call, it discovered that users of its services had executed about $2.5 billion worth of transactions with their crypto-enabled cards. Giant Strides The latest figure put out is now more than 70% above all other transactions executed using crypto cards in the 2021 fiscal … Read more

Robinhood’s Trading Profit Decline As Platform Fields Anti-Memecoin Antics

Popular crypto trading platform Robinhood’s trading profits have declined since the fourth quarter of last year as the platform avoids the listing of memecoins. This revelation came via the trading platform’s monthly revenue report where it revealed that profits made from its trading activities have declined in the fourth quarter (Q4) last year. In quarter … Read more

Banks Jostle to Change Federal Reserve’s Rate Call

Having Global Effects Financial strategists at leading investment banks around the world were, on Thursday, unsettled by the US Federal Reserve’s monetary policy aimed at an interest rate increase in order to arrest the growing inflation and market instabilities. The American Federal Reserve had on Wednesday, after a two-day meeting to draft a monetary policy … Read more

Fed First Interest Rate Hike, A Possible March Q1 Timeline – Nomura

Nomura, a Japan-based investment giant, has pegged the first quarter of 2022 as a possible timeline for the US Federal Reserve’s first interest hike enforcement. Nomura pegged the Fed increase at a possible 50-basis point (bps) increase come March. Statements from the international bank’s spokesperson revealed that Nomura projects a subsequent three-time hike of 25 … Read more

Stock Markets Claim Gain While Awaiting Fed Policy Decisions, Oil Reacts to Ukraine Crisis

Market Trades On While waiting for a decision announcement after the Federal Reserve meeting on needed monetary policies, global stock markets have stepped up their gains while the US dollar hit a flat note all through. On the other hand, the global oil market surprisingly rose in the direction of a 7-year high as tensions … Read more

Asian Market and US Future Fall as Traders React Over Ukraine and Fed Policy

Mirror trading

Ripple Effects Wall Street had a bit of turmoil during Tuesday’s trading session as US Futures, and Asian stocks took a nosedive as investors expressed fears over the military crisis in Easter European as the standoff between Russia and Ukraine continues, and also expressing fears over the American Federal Reserve’s expected monetary policy and its … Read more

Corporate CEOs Play Dare With $1 Million Bitcoin Stake

CEO of Galaxy Digital Mike Novogratz has called out his fellow CEO, Peter Schiff of Euro Pacific Capital to back his bearish sentiments with a $1 million Bitcoin price stake. This development came in a Twitter spat between the two prominent men. Arguably the most infamous Bitcoin doom preacher, Peter Schiff aired his damning sentiments … Read more

2022 Bitcoin Price Pattern Revealed

Different price predictions are trailing the world’s leading cryptocurrency, Bitcoin, these days. At the time of putting this piece together, Bitcoin is currently trading at $35.855. Significantly below the $40,000 benchmark some analysts and market observers had set for it. A crypto enthusiast and trader (Twitter: @SmartContracter) who accurately predicted Bitcoin’s lowest dip during the … Read more

Iran To Start CBDC Trials, Aims To Adopt Crypto Technology To Revive Stock Market 

Iran has now jumped on the growing trend that is the mass adoption of Central Bank Digital Currencies (CBDC) by sovereign nations. Iran’s Central Bank has announced its plans to roll out the trial phase of the Iranian CBDC as Iran looks to leverage the innovations the growing crypto industry affords to revive certain aspects … Read more