Month: June 2022
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Elon Musk Says He is Still Up for Dogecoin Helping it Surge by 8%
Even now the overall crypto market situation is in a slump. The performance of both the largest cryptocurrency assets, Bitcoin and Ether is still down at a significant rate. A […]
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Share Prices of Adobe Experience a Downtrend and Reason is Low Outlook
An alarming update for Adobe investors as it has suffered a loss in the share prices. The Thursday trading for Adobe saw a 5% dip just when the maker of […]
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TSX Records Biggest Weekly Decline as Energy Falls
On Friday, the main stock index in Canada ended the worst week it has had in over two years. This was because the energy sector, after recording gains earlier, continued […]
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OpenSea to Help Boost Recognition and Adoption of DeFi and NFTs
Just like the entire cryptocurrency sector, decentralized finance (DeFi) and the non-fungible token (NFT) sectors had also experienced similar plunges. However, OpenSea has come up with a new facility for […]
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Yields Rise to Decade Highs and Curve Inverts
On Monday, yields for benchmark 10-year Treasury bonds rose to reach their highest value since 2011. In addition, a key portion of the yield curve actually inverted, which was a […]
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Pound Struggling on Possibility of Scottish Independence Vote
On Tuesday, the British currency came down against the euro to lows of almost 13 months. This came after Nicola Sturgeon, the First Minister of Scotland, said that she was […]
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After TerraUSD, another Stablecoin Ends up Slipping
It has been over a month since the TerraUSD (UST) crash took place but its aftereffects are still lingering. If the UST mishap wasn’t enough for the entire cryptocurrency industry, […]
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Japan Regulators Relaxing Rules for New Token Listings
There will be some changes made to the screening process applicable to new token listings in Japan, as per the announcement by the JVCEA i.e. the Japan Virtual and Crypto […]
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Valneva Shares Plunge as Vaccine Deal with Europe Flounders
On Monday, Valneva saw almost a quarter of its market value plummet after the French company announced that its COVID-19 vaccine deal with Europe was in jeopardy. European Commission may […]
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USD/CNY Prediction as China’s Economy Kick-Starts Comeback
Briefly- USD/CNY maintained continued uptrends for four consecutive days. China’s imports, exports, and surplus were better than estimated. The country boasts more stable inflation than other nations. USD/CNY has enjoyed […]