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UBS recently posted a profit for its fourth quarter which caps off a remarkable year for the Swiss banking giant, and sets the tone for more.Prominent Swiss bank UBS Group AG recently posted its earnings for the fourth quarter (Q4) 2021, which showed a decline in profit. However, the latest results
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At present, El Salvador now has about 1,800 Bitcoins which it purchased at an average price of $36,585 per BTC.There is hardly a Bitcoin (BTC) investor that is more bullish than Nayib Bukele, the president of El Salvador who now foresees massive price growth for the premier digital currency. The
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According to the findings of a new survey, the number of financial advisors currently counseling crypto holding clients is expected to double from the current two out of ten or 20% to 44% by the end of 2022. Only Four Percent Expect the Number of Crypto Holding Clients to Decrease The
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Ethereum is holding the $2,500 support zone against the US Dollar. ETH price could rise towards the $2,750 level unless there is a move below $2,450. Ethereum managed to stay above the $2,480 and $2,500 support levels. The price is still trading below $2,550 and the 100 hourly simple moving average. There is
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Stablecoins have become prominent payment rails in the world of cryptocurrencies commanding $177 billion in fiat value today. The top ten stablecoins by market capitalization represent the largest share of the value in the fiat-pegged coin economy and many of these tokens grew exponentially last year. Terra’s UST stablecoin grew
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press release PRESS RELEASE. According to Hoo users who participated in AMM (Automated Market Maker) test, each liquidity pool of Hoo has listed quantitative data, such as total liquidity, 24H transaction fee, 1 day and 7 days annualized return for users’ reference. Compared to on-chain DEX providing liquidity such as
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After a rocky start to the year, bitcoin (BTC) appears to have stabilized this week, and some analysts are predicting that prices could be set to rise.Bitcoin has added 1% since Sunday after dropping almost 12% in the first week of 2022. Compared with the first week of 2021, when
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The total quantity of gold held in reserves by central banks topped 36,000 tons for the first time since 1990, data from World Gold Council has shown. This increase follows growth in the banks’ reported holdings of the asset by 4,500 tons over the past decade. Dollar’s Decline a Boon for
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Bitcoin started an upside correction above the $48,000 resistance zone against the US Dollar. BTC could gain pace if there is a close above the $50,000 level. Bitcoin started a decent increase above the $47,500 and $48,000 levels. The price is now trading above $48,500 and the 100 hourly simple moving average. There
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Bitcoin remained stable above the $46,000 support zone against the US Dollar. BTC could start a steady increase if there is a clear move above the 100 hourly SMA. Bitcoin is forming a base above the $46,400 and $46,000 support levels. The price is still trading below $48,500 and the 100 hourly
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