Tag Archives: Cryptocurrencies

The leading card payments firm is in talks with central banks concerning a platform is designed to test CBDCs and Visa productsVisa joined its rival Mastercard in offering central banks a way to test retail applications for digital currencies they might issue.The card payment provider will begin piloting a program …

Will CPI data confirm US highest Inflation in 4-Decades? This is only one of several persistent questions raised by traders who are awaiting the important economic data as tighter Fed monetary policy could subject risky assets from stocks to cryptocurrencies to more downward pressure.Bitcoin traders generally bet that the largest …

The last trading week ended with a decline in the US dollar as risk appetite improved with optimism around Omicron, in addition to data out of the USA. As a result, the dollar index, which measures the strength of the US currency against a basket of currencies, fell to 95.7. …

The first seven days of 2022 have not been kind to bitcoin, as the most famous cryptocurrency lost 11% of its value within days and finished this week at about $42,000; down almost 40% from its all-time high in 2021’s fall.Other digital coins including ethereum and ripple also fell this …

On Friday, Bitcoin fell more than five percent to its lowest level since the end of September, falling below $41,000 in a broader sell-off in cryptocurrencies. Bitcoin fell 3.7 percent in its last trading after touching $40,938, its lowest since September 29. The world’s largest cryptocurrency has lost more than …

Businesses in the UK see year-ahead output price inflation at 4.5% in the three months to December, up from 4.2% in November, the Bank of England’s (BOE) Decision Maker Panel (DMP) survey revealed on Thursday.  “Annual output price inflation continued to increase in the DMP, reaching 5% on average in …

US Vice President Kamala Harris defended the Build Back Better (BBB) stimulus plan during an interview on CBS’ “Face The Nation” TV show. Harris stressed inflation and coronavirus as major concerns and top priorities in 2022. “The United States must address the rising cost of consumer goods”, she added.Risk sentiment …

Major cryptocurrencies retreated amid concerns about the Omicron variant and holiday travel disruptions worldwide. Bitcoin traded 7.4% lower from 24 hours ago at around USD 47,849. The cryptocurrency was down more than 30% from its record highs at USD 68,990 in November. Bitcoin has had a volatile end of year.Ether …

Before 2000, most traditional institutional investment portfolios did not allocate to commodities and traditionally balanced portfolios of stocks (60 percent) and bonds (40 percent) were the prevalent norm with no alternatives across the board. Given that diversification is a significant catalyst for investment, portfolios started greater diversification into alternatives and …

The financial markets closed the trading week ending on December 24, with the progress of risk assets, led by global stocks, over the rest of the safe-haven assets, led by the US dollar. Over that week, the main drivers of the markets were the economic data and positive developments regarding …