Category: Commodities
Crypto Market Update: Why Is Bitcoin Price Down Today?
Today’s main drivers of Bitcoin’s price action are the updates from the Federal Reserve’s interest rate decisions, on-chain metrics, and the crypto market trends. Bitcoin…
NFT Market Sees 22% Trading Volume Surge in November
According to data from DappRadar, the leading decentralized app store, the NFT market rebounded in November 2024, experiencing a 22% surge in trading volume. The…
Tether Facilitates $45M Oil Trade using USDT
Tether has executed a $45 million crude oil trade using USDT, marking a pivotal step in global trade finance. The transaction underlines Tether’s drive to…
Singapore Unveils Commercialized Asset Tokenization Move: Here’s Why
The Asian economic tiger is advancing the commercialization of its asset tokenization initiative to drive support for tokenized finance across industries. Accordingly, the Monetary Authority…
Tether Bolsters USDT Reserves with $5.58B in Bitcoin
Tether, the popular stablecoin USDT issuer, has added more than 82,000 BTC (worth nearly $5.6B) to its reserves. The addition of such an amount would…
Understanding the Consumer Price Index (CPI) and Its Importance: A Guide
By tracking the average price change over time for a collection of products and services, the Consumer Price Index (CPI) is a fundamental economic tool….
2023 US Economic Report Undermines Digital Assets, Says Crypto Offers No Value
In a new move that may likely have an impact, the White House is reportedly making a case against cryptocurrency in its released 2023 Economic…
Canada Risks Losing $15B On Controversial Trans Mountain Pipeline – Morningstar
The Trans Mountain Pipeline, owned and operated by the Canadian Government, has been in the spotlight over the past few years. However, the pipeline has…
Bank Fears Linger As Asian Shares Bounce Cautiously
As the world watches the unfolding drama of the U.S. Federal Reserve’s tapering of its bond-buying program, Asian stock markets have been in turmoil. With…
Boosting Dollar Liquidity: U.S. Federal Reserve Emphasizes International Swap Lines
To boost dollar liquidity and support global financial markets, the U.S. Federal Reserve is collaborating with other central banks and focusing on enhancing international swap…
