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Yen slides close to 1 per cent The US dollar is pummelling the Japanese yen, as USD/JPY trades at 122.31 in the North American session, up 0.97% on the day. USD/JPY hasn’t been at these levels since December 2015. The currency is down a massive 6.36% in March and the downswing could continue. The yen […]
Ethereum and Bitcoin both soar again and according to analysts, Goldman Sachs’ announcement from a day ago, helped in the price spike so let’s read more in today’s latest altcoin news. The price of BTC shot up in the past day and brought along the entire market with it. At the time of writing, the […]
Bitcoin futures and options markets are pricing in higher volatility in the near future. Meanwhile, on-chain activity remains firmly in bear market territory, but continues to recover meaningfully.
Billionaire venture capitalist Chamath Palihapitiya is detailing his outlook for global markets in the near term. In a new edition of the All-In Podcast, Palihapitiya says he believes that investors have already factored in most of the worst-case outcomes of Russia’s invasion of Ukraine. “I think that we’re in the midst of what I would […]
The president of the Federal Reserve Bank of St. Louis, James Bullard, has called for more aggressive measures to combat inflation and reduce the size of the Fed’s balance sheet. “The burden of excessive inflation is particularly heavy for people with modest incomes and wealth and for those with limited ability to adjust to a […]
The former BitMEX CEO Arthur Hayes believes there’s a financial crisis coming and in our latest cryptocurrency news we are finding out why. The former BitMEX CEO urged the readers to put their feelings about Ukraine and Russia aside and recognize the heavy consequences that the sanctions will bring. Last week, Credit Suisse made a […]