In recent times, the digital currency sphere has been abuzz with chatter, predominantly surrounding one particular new meme coin: ApeMax. As waves of crypto enthusiasts rally behind this novel token, many are left wondering about the driving forces behind its soaring popularity and lightning fast growing ApeMax crypto presale. This article takes a focused lens […]
The rupee appreciated by 38 paise to 82.75 against the U.S. dollar in early trade on September 22, as the inclusion of India in the JPMorgan bond index boosted investor sentiment. Forex traders said the decision of JPMorgan Chase & Co to include Indian government bonds in its benchmark emerging-market index, is expected to have […]
Owners of COMP digital assets can move ahead with their lawsuit claiming those who control the decentralized organization now associated with the crypto currency are effectively unregistered securities “sellers” because of their soliciting role. Even though the majority owners of the organization called Compound DAO, identified as partners in Judge William H. Orrick‘s opinion, didn’t […]
The ultimate direction for silver hinges on the post-meeting statement, making it a pivotal moment for investors. Silver encountered a minor pullback during Wednesday’s trading session but subsequently exhibited signs of revival. Currently, the market finds itself sandwiched between the 50-Day Exponential Moving Average and the 200-day EMA. This positioning underscores the market’s endeavor to […]
Mt. Gox’s infamous 2014 security breach — which lost 850,000 Bitcoin (BTC) of investors’ funds — resulted in its users embarking on a seemingly never-ending, decade-long pursuit of closure via funds reimbursement. Over the years, Mt. Gox has repeatedly postponed plans to reimburse the funds that the crypto exchange had barred its users from withdrawing […]
The number of alleged fraud victims linked to crypto exchange platform JPEX has risen to 2,086, as three more people are arrested. The case, which involves around HK$1.3 billion in losses, is reportedly Hong Kong’s largest financial fraud case, with some telecom firms now blocking the JPEX website – reportedly upon police request. Mobile application […]
The value of one currency expressed in terms of another currency is known as a currency pair. Trading a currency pair involves purchasing one currency while concurrently selling another in the hopes of making a profit. The quoted currency is sold while the base currency is purchased. If you’re just starting out in the foreign […]
Analysts have predicted that the crypto mining market will grow at an 11.4% compound annual growth rate (CAGR) from 2023 to 2032. But what can drive that growth? After the collapse of FTX last year, many mining companies had to wrap up their operations. While mining stocks have recorded staggering growth this year, the companies […]
Any decline beyond this point could spell trouble for gold. However, at present, it appears that the prevailing momentum favors the upside. The gold market experienced a notable rally during the Tuesday trading session, successfully surpassing the 50-Day Exponential Moving Average. However, the sustainability of this upward movement remains uncertain, primarily due to the looming […]
Following my mother’s recent death, I planned to gift my 24-year-old son some of the inheritance so he can make some sensible investments. However, he’s keen to invest the money in digital assets such as crypto and believes the metaverse is the way forward. Should I be worried? Hayden Bailey, head of private client and […]
