Hawkish Fed bets after strong US data to underpin the Dollar – Commerzbank
The US Dollar (USD) has been gathering strength against its rivals, buoyed by hawkish comments from Federal Reserve (Fed) officials. Economists at Commerzbank believe the greenback will remain resilient for the time being. Cleveland Fed President Loretta Mester and St. Louis Fed President James Bullard have both argued in favour of a 50 basis points […]
Shiba Inu Leads Top Crypto Projects In Number of New Weekly Members on Telegram
Shiba Inu has become one of the most popular cryptocurrencies in the market, and its popularity continues to grow as more and more people join the cryptocurrency’s official Telegram group. According to data provided by CryptoDiffer, 32,455 new members joined Shiba Inu’s Telegram group in one week, making it the top project with the highest […]
Protecting Your Investments with Forex Risk Management
Protecting Your Investments with Forex Risk Management Forex (foreign exchange) trading is one of the most volatile markets in the world, and as such, it comes with a high degree of risk. While this risk can be managed, it is important for traders to understand the various risks associated with trading in the forex market […]
Cryptocurrency Investing: The Pros and Cons
Introduction Cryptocurrency investing has become increasingly popular in recent years, with many investors turning to digital currencies in search of high returns and low risk. Cryptocurrency investing is a form of investing that involves buying and selling digital currencies, such as Bitcoin, Ethereum, and Litecoin. Cryptocurrency investing is a relatively new form of investing, and […]
EUR/USD set to head lower but holding above parity – Danske Bank
The last month has seen a slowdown in the EUR rally that had been ongoing since September. Economists at Danske Bank have revised their estimates slightly, but still expect the euro to remain above parity against the US dollar. They have long argued that the euro should be lower against the dollar due to the […]
Analyst Who Called 2023 Crypto Breakout Says One Altcoin Ready for Massive Rally, Updates Outlook on Bitcoin and Ethereum
DonAlt is a pseudonymous crypto trader and analyst who has been making waves in the crypto space since he bought Bitcoin (BTC) at its lowest point last year. In a new video to his 47,500 YouTube subscribers, DonAlt expressed bullish sentiment on a top-20 altcoin by market cap, Litecoin (LTC). DonAlt believes that if Litecoin […]
Corporate Restructuring to Increase Shareholder Value
Introduction In today’s competitive business environment, companies must continually strive to increase shareholder value. This can be accomplished through various strategies, such as increasing revenues, reducing costs, and improving efficiency. One of the most effective strategies for increasing shareholder value is corporate restructuring. Corporate restructuring involves the reorganization of a company’s operations, management structure, and […]
Crypto Mining: A Guide to the Benefits and Risks Involved
Introduction Cryptocurrency mining is the process of verifying and adding transactions to the public ledger, known as the blockchain. It is also the process of creating new cryptocurrency coins. It is a lucrative endeavor, as miners are rewarded with cryptocurrency for their work. However, it is not without risks. In this guide to crypto mining, […]
Door open to extra upside in the short term – UOB
The US Dollar/Japanese Yen (USD/JPY) currency pair is having a strong run, with the next target at the 135.00 level and beyond, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. The two experts are of the view that further gains are likely and they are expecting the currency pair […]
FTX Promised High Earnings to African Students That Successfully Recruited Fellow Learners
The collapsed crypto exchange FTX reportedly used the lure of high earnings to convince African university students to become its ambassadors. Many of the students were unaware of the crypto exchange’s precarious financial position and when it collapsed in the last quarter of 2022, they lost money just like other FTX users. The crypto exchange’s […]