Cryptocurrency Analysis and News Portal
The attitude of Hong Kong residents towards cryptocurrency has sharply worsened after the scandal with the JPEX cryptocurrency exchange. A survey from the Hong Kong University of Science and Technology School examined the impact of the JPEX scandal on public attitudes towards virtual assets. The survey began on Sept. 28, about 11
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Traders expect risk assets to fall further should geopolitical tensions continue to rise. Source
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Bitstamp has gotten a lot of interest in Europe for the exchange’s relatively new Bitstamp-as-a-service offering, a white-label licensing and technology combo designed to help banks and fintech firms offer crypto buying and selling, said Robert Zagotta, the Luxembourg-based company’s global chief commercial officer and CEO of its U.S. division. Source
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Concerns about higher interest rates can lead to reduced borrowing, higher financing costs, and a potential slowdown in economic activity. On Tuesday, September 27, the US stocks experienced a significant dip as bond yields inched up and consumer confidence declined for the second consecutive month in September. The Nasdaq Composite (INDEXNASDAQ:
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Crypto investment products registered their sixth consecutive week of outflows in the week ending on Sept. 24. According to data shared by Coinshares, digital asset outflows from crypto investment products reached $9 million last week.Weekly crypto asset flows. Source: CoinSharesBitcoin (BTC) registered a third consecutive week of outflows with the
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For Bitcoin (BTC), the largest cryptocurrency in the market, the month of September has seen a lack of definitive strength from both
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A recent study by the Bank of Canada (BoC) revealed that crypto ownership in the country had slowed over the past two
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With Q1 over, the CEO is confident that Philips will deliver on its plan for 2023. Shares of multinational conglomerate corporation Philips (NYSE: PHG) popped 12.72% at the pre-market trading on Monday as the company released its Q1 2023 financial results. The company recorded gains after reporting higher adjusted EBITA and
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Bitcoin last topped $30,000 on June 10, 2022 as it was on its way down to below $20,000, where it spent large parts of late that year and into the first weeks of 2023. It has been hovering around $28,000 for the past three weeks as wary investors gauged the
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Jan Nieuwenhuijs, a gold market analyst, has predicted that gold might exceed prices of $8,000 during the next decade, as the current Ukraine-Russia war, and the worldwide battle against inflation, shift the preference of central banks for foreign currencies to gold. The proposed long-term price model shows that each troy
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