Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!
Tag - bitcoin
Consensus Magazine says AI is killing venture capital interest in cryptocurrency, project funding has halved in a year, and liquidity is leaving the crypto market and going to AI funds. Read the full report and learn more!
Coinbase (COIN) gained 15% yesterday, and Bitcoin increased over 6% after Grayscale's victory in court against the SEC. Read the full report to get more valuable insights!
Happy Friday, dear traders! The volatility returned to the markets as traders lost confidence in risky assets. Let's check the news driving today's markets!
Hi, and welcome to the daily newsletter by FBS. The market is active, and we have plenty to share with you!
Big financial companies downgraded the Chinese economy prospectives. What's going on in the markets? Don't miss the digest
Gold prices dipped as investors took profits following a near one-month high, but still recorded their biggest weekly gain since April on expectations of a pause in U.S. interest rate hikes. Spot gold was down 0.3% at $1,954.69 per ounce, while U.S. gold futures eased 0.2% to $1,959.30. The dollar index edged up 0.2% but remained close to its lowest level since April 2022.
Services PMIs are falling, but still higher than 50 points. What's happening in global economies?
Hello, and welcome to the first week of July. Today’s movers: the dollar is rising ahead of the PMI release, the US500 is at a 15-month high, and more.
Exciting news from Mastercard: they are launching a Multi-Token Network (MTN) to explore the potential of tokenized bank deposits, stablecoins, and central bank digital currencies (CBDCs). The MTN will begin with testing tokenized bank deposits and will be available in beta mode this summer in the UK. They have invited banks and financial institutions to participate in the initiative.
Good morning, traders! The last week was crazy with all those Bitcoin pumps and gold plunges. Let’s overview what we have for this one.
One day they say crypto is a pyramid scheme. The next day they accept it. What happened?