Latest News
Our news section is a meticulously compiled repository of the latest events, updates, and emerging trends spanning the dynamic industries of Liquidity, Forex, Cryptocurrency, and FinTech and serves as an informative platform for those seeking to keep up-to-date with the rapidly evolving landscapes of these sectors. This curated collection acts as a hub, capturing the pulse of these industries and ensuring our readers are always at the forefront of the latest developments.
Bitcoin, Ether, and Other Cryptos Claw Back Losses
Bitcoin, the world's most valuable digital asset, went up 8.3 percent in the previous 24 hours to $36,398, according to CoinDesk statistics. It had traded at $33,000 in the midst of Monday's dumping - it had previously been over $42,000 the previous week.
Crypto
Bank of Korea Says First Phase of CBDC Test Completed Successfully
It is noted in the statement the first part evaluated the fundamental functionalities of a CBDC in a simulated ecosystem, involving fabrication, releasing, and delivery. It summed up that the CBDC "functions properly" under test settings.
Banks and Finance
The Stock Market Just Suffered Its Worst Week Since 2020. Here’s What Comes Next
Although rational, the loss has been unpleasant for investors who have been taught to trade on the dips. This week, the Nasdaq Composite saw two straight one-percentage-point gains, which converted into losses by the end of the trading day.
Stocks
GameStop apes are all talk: Webull CEO
"If you look at the prices today [at GameStop], it tells me that whether it's diamond hands or monkeys, I believe it's just chatter," Denier remarked on Yahoo Finance Live. "We are witnessing our traders and our investors take money off the table in GameStop."
Companies
Intel’s $20 Billion Ohio Plant Won’t End The Chip Shortage Overnight
Thus, does this suggest that the chip catastrophe that everyone has been raving about has passed us by? Not quite. The dilemma began when manufacturers reduced their chip orders at the outset of the epidemic, only for demand for automobiles to rise.
Companies
Interest Rate Surge Reflects Fed Policy That ‘Overstayed Its Welcome’ч
Tuesday's sell-off is "all about interest rates," according to David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management. The increase in the 10-year yield "has significant consequences for the market's internals."
Banks and Finance