March 28, 2024
BlackRock’s Blockchain Leap with BUIDL
BlackRock’s Blockchain Leap with BUIDL Quick Look: BlackRock’s BUIDL fund gathers £240 million in a week. BUIDL aims at securing assets, leveraging Ethereum’s blockchain. Ondo Finance boosts BUIDL with a £95 million investment. In a recent groundbreaking development, BlackRock has ventured into the realm of blockchain. With the introduction of its tokenised fund BUIDL, it […]
March 28, 2024
Apple’s Legal Fights & $72.6B China Revenue Drop
Apple’s Legal Fights & £72.6B China Revenue Drop Quick Look: Apple faces a high-profile antitrust battle, falling iPhone sales in China, and an EU investigation. The tech giant is lagging in generative AI, with high expectations for its WWDC event. Despite challenges, Apple’s future growth prospects, including fiscal 2025 expectations, remain a focal point. Apple […]
March 28, 2024
BoJ’s Tone: A Slow, Optimistic Influence on USD/JPY
BoJ’s Tone: A Slow, Optimistic Influence on USD/JPY Quick Look: The Bank of Japan’s dovish signals counter Japanese government intervention threats, keeping USD/JPY above 151. Recent BoJ statements highlight a cautious but optimistic economic outlook, potentially influencing USD/JPY dynamics. Market watchers see BoJ’s actions and global economic indicators as the yen battles intervention speculation and […]
March 28, 2024
REI Network Skyrockets 101%: Record $533M Trading Volume
REI Network Skyrockets 101%: Record $533M Trading Volume Quick Look: REI Network’s price surged 101.16% in 24 hours, reaching $0.2196, with a trading volume of $533M. Circulating supply nears max at 968.6M/1B tokens; a recent all-time high of $0.3 indicates volatility. From an all-time low of $0.01916, REI has soared 996.64%, aided by strategic $GXC […]
March 28, 2024
India’s Equity Market Share Hits Record High in 2024
India’s Equity Market Share Hits Record High in 2024 Quick Look: India’s global equity market share reaches a record quarterly high in 2024. Hyundai Motor’s unit gears up for a landmark $3 billion IPO. A paucity of deals in Asia, coupled with high global interest rates and geopolitical tensions. In the labyrinth of global financial […]
March 28, 2024
Revamping Ethereum: Buterin’s Decentralization Strategy
Revamping Ethereum: Buterin’s Decentralization Strategy Quick Look: Vitalik Buterin introduces anti-correlation incentives to enhance Ethereum’s decentralisation. Ethena Labs strategically distributed 750 million ENA tokens in an airdrop to shard holders. Significant investment and rapid growth underscore the potential of Ethena’s innovative approach. In a compelling turn of events, Ethereum co-founder Vitalik Buterin has proposed an […]
March 28, 2024
The Euro index down to 1047.5, Yen index rises to 744.3
The Euro index down to 1047.5, Yen index rises to 744.3 The Euro index is in decline after Tuesday’s jump to the 1051.6 level. During the Asian trading session, the yen index gained support at the 742.0 level. Euro index chart analysis The Euro index is in decline after Tuesday’s jump to the 1051.6 level. […]
March 28, 2024
EURGBP and EURCHF: The Euro is retreating on both fronts
EURGBP and EURCHF: The Euro is retreating on both fronts EURGBP has been in a bearish trend since the start of this week. EURCHF rose to 0.98202 level yesterday. EURGBP chart analysis EURGBP has been in a bearish trend since the start of this week. We have been seeing a stronger bearish trend since Tuesday […]
March 28, 2024
USDCAD and USDCNH: USDCAD stops below the 1.36200 level
USDCAD and USDCNH: USDCAD stops below the 1.36200 level During the Asian trading session, USDCAD recovered from 1.35675 to 1.36100 levels. USDCNH has been in a steady bullish consolidation since Monday. USDCAD chart analysis During the Asian trading session, USDCAD recovered from 1.35675 to 1.36100 levels. The pair regained its grip on the weekly open […]
March 28, 2024
POKT’s Wild Ride: 988.1% Surge and Market Moves
POKT’s Wild Ride: 988.1% Surge and Market Moves Quick Look POKT experiences a 32.21% drop but boasts a week of 45.22% recovery, reflecting crypto volatility. It surged 988.1% from its all-time low, showcasing resilience amidst market fluctuations. Upcoming Bitcoin and Ether options expiry may introduce bullish volatility, potentially benefiting POKT. Parallel rallies in Dogecoin and […]
March 28, 2024
Largest U.S. sportsbooks join forces to tackle problem gambling
Seven of the nation’s largest gaming companies are joining forces to create a trade group to promote responsible gaming, and for the first time ever, will share information about problem gamblers. The seven operators — FanDuel, DraftKings, BetMGM, Penn Entertainment, Fanatics Betting & Gaming, Hard Rock Digital and bet365 — will form the Responsible Online Gaming Association, or ROGA, the […]
March 28, 2024
Sam Bankman-Fried to learn fate today for orchestrating historic FTX crypto fraud scheme
Sam Bankman-Fried will learn his sentence Thursday, four months after he was found guilty of orchestrating the multibillion-dollar fraud that prompted the collapse of the FTX cryptocurrency exchange. A federal jury in New York City convicted Bankman-Fried, 32, in November on each of the two counts of fraud and five counts of conspiracy he faced. […]