Ethereum smashes all-time high as race for smart contract supremacy accelerates

TRX, EOS, and BNB make massive gains as Visa adopts Ethereum As corporations like Visa and PayPal join Wall Street banks in expanding their crypto offerings, Ethereum is setting new all-time highs above $2K. Prices began rising on Wednesday as the market was uplifted by crypto-themed April Fool’s pranks. The Teletubbies tweeted about Bitcoin to advertise their own imaginary cryptocurrency TubbyCoin, and long-termContinue reading “Ethereum smashes all-time high as race for smart contract supremacy accelerates”

Bitcoin hits speed bump at $60K as Cardano makes all-time high

Stimulus checks turn crypto market green for St Patrick’s Day As Americans celebrated Saint Patrick’s Day with a feast of $1,400 stimulus checks, the crypto market turned a fitting shade of green. Prices surpassed $60K early in the week, with two out of five stimulus checks landing in the crypto market, according to a recent survey.Continue reading “Bitcoin hits speed bump at $60K as Cardano makes all-time high”

Big banks kick off earnings season

The year 2020 will go down in history as one of the most volatile, unpredictable, and ultimately profitable in market history. Now, 2021 has begun and the world’s publicly traded companies will start sharing their earnings reports. Traditionally, the first sector to share its reports is the financial sector, and investors are eagerly awaiting theContinue reading “Big banks kick off earnings season”

Global shares follow UK lower as new virus strain sends jitters through markets

Global markets fell overnight, with shares in Asia following the US and UK lower, and only uncorrelated safe havens like gold holding firm, as a new, more virulent strain of the coronavirus takes hold. Japan’s Nikkei and Hong Kong’s Hang Seng both dipped (down 1% and 0.8% respectively), mimicking losses in the US and UKContinue reading “Global shares follow UK lower as new virus strain sends jitters through markets”

Bitcoin bounces towards all-time highs

Traders quickly buy the bitcoin dip, pushing prices back to $19K Following a brief pullback to $17.5K, the dip was greedily eaten up over the weekend, pushing Bitcoin back towards all-time highs above $19K. This resurgence was supported by big players from traditional finance, who are increasingly throwing their weight behind Bitcoin. Insurance fund MassMutual announcedContinue reading “Bitcoin bounces towards all-time highs”

Brexit deal hangs in the balance, AstraZeneca announces $39bn deal

Yesterday evening, prospects of a Brexit trade deal increased as talks were extended beyond a Sunday deadline, with both sides agreeing to “go the extra mile” to overcome substantial differences in position. The main sticking point is the need to satisfy European Union demands for fair business competition, according to the FT. Last week, theContinue reading “Brexit deal hangs in the balance, AstraZeneca announces $39bn deal”

Brexit talks stall, ECB set to extend stimulus

European markets have had a muted open this morning as ongoing Brexit talks continue to yield any real progress. The deadline of this Sunday has been set for talks to reach a conclusion and with many markets pricing in an agreement of some sort, a derailment of negotiations could well bring on some significant volatility.Continue reading “Brexit talks stall, ECB set to extend stimulus”

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