Recent Posts
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New FTX CEO Says Company Not Sure Of Its Money Or Employees
On Thursday morning, the chief executive of the FTX Group, John J. Ray III submitted a 30-page affidavit, which said that FTX does not seem to know exactly how much […]
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The Central Bank Of Turkey Is Making Necessary Adjustments To Strengthen The Lira
As the elections approach the year 2023, the central bank of Turkey has made necessary preparations to stabilize the local currency. Turkish Central Bank Gives Finishing Touches As the elections […]
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Circle Discloses FTX Exposure And More
A new regulatory filing from Circle indicated that the projections it had put forward about its performance back in February were no longer applicable and they would be significantly lower. […]
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EUR/USD Pair Moving Towards 200-EMA after Recording 4% Value Increase Per Week
Soon after the publication of the Consumer Price Index report, which suggested the US Federal Reserve reducing the rates, Euro ended the week on a positive note. As resultantly, USD […]
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Kraken CEO Talks About Impact Of FTX Collapse
The failure of the FTX crypto exchange is still fresh in the crypto industry, as the impact is slowly coming to light. The chief executive of Kraken, another crypto exchange, […]
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Dollar Stems Losses as Investors Eye US Midterms
USD Losing Grips in Forex Markets Forex markets particularly with regard to USD aren’t steady and in fact, falling because of several factors prevailing in the US economy. Currently, investors […]
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Onchain Data Shows ETH Withdrawals Paused For 2 Hours By FTX US
West Realm Shires Services, the parent company of FTX International, filed for Chapter 11 bankruptcy in Delaware and users realized that the bankruptcy filings also included the name of FTX […]
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Redesigning In National Currency Sends Naira Value Down and Strengthens USD
Redesigning of the Naira exploits weakness in the Nigerian national currency and further boosts its down trend against the USD. Record-breaking lows were recorded in NAIRA even though the Nigerian […]
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Ahead Of October NFP Report Forex Market Rallies
USD’s Failure to Gaining Strength over the Weekend It may not come as a surprise that US Dollar Index has been tracking nearly 112.50 in the negative territory. This means […]
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The US Feds Have Shared Positive Inflation Figures Causing Dollar Price To Edge Higher
The trading price of the US dollar has reportedly edged lower in the recent trading session. According to the latest report, it was the European trading session where the dip […]