August 20, 2024
Cardano loses top 10 crypto spot as Tron sees growth
Cardano has fallen out of the top 10 cryptocurrencies by market capitalization after dropping approximately 3% over the last seven days. Cardano,once ranked third in crypto rankings during the 2021 bull cycle, is currently 11th after Tron.
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August 19, 2024
China issues new gold import quotas after pause
Several Chinese banks have been given new gold import quotas from the central bank, anticipating revived demand despite record high prices. Spot gold has gained 21% so far this year, having hit successive record highs. The Gold-Dollar pair exploded 2.0% in the last session. The Ultimate Oscillator is giving a positive signal.XAU/USD exploded 2.0% in […]
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August 19, 2024
Wall Street wraps up best week of the year
U.S. stocks ended last week higher, extending their biggest weekly percentage gains of the year as worries of an economic downturn eased and investors focused on the Jackson Hole Economic Symposium next week. The S&P 500 and the Nasdaq notched their seventh straight session of gains
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August 19, 2024
Coinbase, KuCoin, others file crypto license applications in Turkey
The Turkish cryptocurrency landscape is experiencing a major transformation as prominent companies like Coinbase and KuCoin compete to obtain business licenses in the country. This surge in applications follows regulatory updates by the Turkish Capital Markets Board.
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August 15, 2024
US annual consumer price increase slows to below 3% as inflation ebbs
U.S. consumer prices rose moderately in July and the annual increase in inflation slowed to below 3% for the first time in nearly 3-1/2 years, opening the door wider for the Federal Reserve to cut interest rates next month. The dollar lost ground against its major peers, helping the euro to an eight-month peak, as […]
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August 15, 2024
Crypto.com becomes official UEFA Champions League partner
Crypto.com has become the first cryptocurrency platform to secure an exclusive partnership with the UEFA Champions League. The multiyear partnership, which will see the centralized crypto exchange become an official global sponsor of the UEFA Champions League, was announced on August 14th.
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