In a recent interview, JPMorgan CEO Jamie Dimon has warned of a potential US economic crisis as the BRICS bloc grows more relevant. Indeed, the notable economist spoke at the Council of Institutional ...
The Indian rupee (INR) dominates the currency markets this week, outperforming the US dollar (USD) by a wider margin. This significant change comes at a time when forex traders remained cautious ...
After a four-year hiatus, the Federal Reserve cut interest rates by 50 bps this week. The rate cuts made the markets bullish, as the Nasdaq Composite soared 440 points on Thursday. In addition, the ...
In what is a testament to its dominance, stablecoin issuer Tether generated more profit than BlackRock in 2023. Indeed, the $10 trillion asset manager earned $5.5 billion last year. Alternatively, the ...
The BRICS alliance is working towards the formation of a new payment system to end reliance on the US dollar. The bloc wants to dim the lights on the USD and challenge the currency’s dominance in ...
The day that the economy has long awaited has finally arrived as the US Federal Reserve has opted to cut interest rates by 50 basis points in a monumental development. The move is a massive moment for ...
Gold prices hit a record high of $2,592 on Wednesday after the Federal Reserve announced a 50 bps interest rate cut. The precious metal attracts heavy bullish sentiments and is up nearly 30 points in ...
Commerzbank now offers Bitcoin and Ethereum trading to corporate clients. This new move shows some growing acceptance of cryptocurrencies in traditional finance. The bank partnered with Crypto Finance ...
Canada has stopped its plans for a digital dollar, and the world is surprised about this news. This decision is affecting the world of Central Bank Digital Currency (CBDC). Crypto investors are now ...
Since its launch, the Shiba Inu (SHIB) ecosystem has witnessed impeccable growth. The asset has given birth to several millionaires and billionaires. Since its all-time low in 2020, the meme coin has ...
BlackRock and Microsoft have announced that they are planning to launch a $30 billion fund to invest in artificial intelligence (AI) infrastructure. Indeed, the $9 trillion asset manager is teaming up ...
OG meme cryptocurrency Dogecoin (DOGE) is one of the earliest assets in the market. Despite never hitting $1, DOGE has managed to create several millionaires. The asset has even surged by more than ...