by finance_admin | December 2, 2024 | Cryptocurrencies
Exchange-traded funds (ETFs) investing in Bitcoin and Ether in the US have experienced record-breaking demand, fueled by President-elect Donald Trump’s pro-crypto stance. In November alone, Bitcoin ETFs logged $6.5 billion in net inflows, while Ether ETFs recorded...
by finance_admin | December 2, 2024 | Currencies
The U.S. dollar advanced on Monday, buoyed by market uncertainty over potential U.S. rate cuts and tariff threats issued by President-elect Donald Trump. In a surprising turn, Trump demanded that BRICS nations pledge not to create or endorse an alternative currency to...
by finance_admin | December 1, 2024 | Currencies
Recent data from Clark Moody’s Bitcoin dashboard reveals a significant milestone for the Bitcoin network: surpassing one billion transactions. In recent weeks, Bitcoin transactions and associated fees have been a focal point of discussion within the industry. This...
by finance_admin | December 1, 2024 | Banking, Currencies, Economy, Finance, News
Investors await central bank decisions from the UK, Switzerland, and Norway amidst steady currency movements The British pound held broadly steady on Thursday as markets awaited a rate decision from the Bank of England (BoE) later in the day. The dollar was similarly...
by finance_admin | December 1, 2024 | Currencies, Finance
The rupee recovers slightly after hitting a lifetime low, influenced by a weaker Chinese yuan and dollar outflows On Friday, the Indian rupee inched higher, recovering from a decline to its record low in the previous session. The drop was spurred by weakness in the...
by finance_admin | November 28, 2024 | Cryptocurrencies
In 2013, James Howells from Newport, Wales, mistakenly discarded a hard drive containing access keys to 8,000 bitcoins he mined in 2009. At today’s value, the cryptocurrency stash is worth an astonishing $720 million. Howells’ ongoing legal battle with Newport City...