Using SVB as an example, it’s a good time to pause and reflect on five key points to keep in mind whenever the banking sector experiences a calamity, and banks start to collapse. Given the niche industry focus of SVB within the US, it is likely that many merchants around the world were not directly […]
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On Monday, XRP bucked the broader market trend, rising 6.95%, to end the day at $0.47944. Hopes of an imminent victory for Ripple in the SEC vs. Ripple extended the winning streak to three sessions. Technical indicators remain bullish, indicating a return to $0.50. On Monday, XRP was up 6.95%. Following a 1.05% gain since […]
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On Monday, Ethereum (ETH) joined the broader market in negative territory, falling 3.38%, to end the day at $1,716. The news that the Commodity Futures Trading Commission sued Binance weighed on investor sentiment. Technical indicators turned more bearish, putting less than $1,650 in sight. Ethereum (ETH) fell 3.38% on Monday. Reversing a 1.83% gain on […]
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The decision was unanimous and reflects the Fed’s concern about high inflation in the country, despite strong job creation and modest growth in spending and output. The Federal Reserve, the central bank of the United States, announced an increase in the basic interest rate of 0.25 percentage points to a range of 4.75% to 5% […]
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It was a bearish Monday session, with BTC tumbling 3.04%, to end the day at $27,127. News that the Commodity Futures Trading Commission filed charges against Binance sent BTC and the broader crypto market into negative territory. Technical indicators remain bullish, with $28,500 in sight. On Monday, Bitcoin (BTC) fell 3.04%. Reversing a 1.82% gain […]
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