The cryptocurrency market is also under strong pressure amid the generalized invasion of Ukraine by Russian military forces, which is leading investors to flee en masse from high-risk investment elements. In this climate, the flagship of digital currencies, bitcoin, sees its value fall by 9% and trades at $ 35,400, while at the low of […]
Tag: Cryptocurrencies
Forex Today – Asian Session: Eastern European Crisis Intensifies, Dollar Gains
What you should take care of on Thursday, February 24: The day started with investors optimistic about developments in Eastern Europe, but market sentiment deteriorated during US trading hours, causing the dollar to strengthen against most of its main rivals. Ukraine declared a state of emergency starting February 24 and lasting 30 days amid US […]
Is bitcoin starting to collapse as ‘digital gold’?
A key investment argument for bitcoin is deteriorating as geopolitical uncertainty and rising inflation hit cryptocurrency prices, according to CNBC. The price of bitcoin fell to a two-week low on Tuesday after Russian President Vladimir Putin ordered troops to be sent to Donetsk and Lugansk, two breakaway regions in eastern Ukraine, shortly after recognizing them […]
Forex Today – Asian Session: Eastern Europe Strain Keeps Markets in Risk Aversion Mode
What you should take care of on Wednesday, February 23: Short-lived optimism ruled financial markets during London business hours as Ukrainian President Volodymyr Zelenskyy said he believes there will be no war and no wider escalation. However, the European and US authorities have anticipated sanctions on Russia. The positive sentiment did not last long and […]
Forex Today – Asian Session: Russia Cuts Off Diplomatic Talks; win the dollar
What you should take care of on Tuesday, February 22: Risk aversion gripped financial markets earlier in the week amid rising geopolitical tensions in Eastern Europe. The USD managed to gain against its high yield rivals, but lost ground against the safe havens. In the US mid-afternoon, Russian President Vladimir Putin recognized Donetsk and Luhansk […]
Forex Today – Asian Session: The demand for safety continues, but not for the USD
What you should know on Friday, February 18: The conflict between Ukraine and Russia continued to dominate the headlines and fueled the demand for safe-haven assets, although speculative interest remained away from the dollar. Major pairs were stable within familiar levels after both countries blamed each other for some shelling that took place on Thursday […]
Bulgaria: Trading in crypto-bonds on Bulgarian stock exchange begins
Trading in crypto-bonds based on and following the prices of Bitcoin and Ethereum started today on the Bulgarian Stock Exchange (BSE). Investors looking for suitable innovative products are now free to invest in eight cryptocurrencies traded on the stock exchange (ETNs), offering for the first time in Bulgaria an alternative to traditional cryptocurrencies. With this […]
Forex Today – Asian Session: The mood improves, but the markets are not out of the woods yet
What you should know on Wednesday, February 16: Market sentiment improved on Tuesday as market players rushed to price in declining tensions between Russia and Ukraine after the Russian Defense Minister announced that some of the troops on the border would return to their bases. . However, Russian President Vladimir Putin’s comments published during the […]
Bitcoin: Returned over $ 44,000 after the apparent easing of the Ukrainian crisis
More than $ 44,000 was returned by bitcoin for the first time since the end of last week, as optimism about the de-escalation of tensions between Russia and Ukraine rekindled investors’ appetite for more risky assets. Reports indicate that some Russian troops have begun withdrawing from the border with Ukraine in order to return to […]
KPMG: Investments in Fintech exceeded $ 210 billion last year
According to KPMG’s Pulse of Fintech Semi-Annual Report for the Second Half of 2021 on Fintech Global Investment Trends – Fintech total global funding through M&A, PE and VC reached US $ 210 billion through a a record 5,684 deals in 2021. Fintech funding in the second half of 2021 was US $ 101 billion […]
