Category: News
Markets Churn And Investors Hiding In Cash Despite Inflation
2022 has proven to be a tough year for the financial markets and this has prompted some investors to hide in cash. This is because…
Russian Central Bank Reduces Key Rate To 7.5%
On Friday, the Bank of Russia announced that it was trimming its key lending rate to 7.5%, which would make it a reduction of 50…
Shares In Asia-Pacific Markets Mixed With Shenzhen Dropping 2%
On Thursday, shares in the Asia-Pacific markets saw mixed trading, after having recorded a negative trading session a day earlier. Meanwhile, there was a sharp…
Fundraising For GameFi Has Surged In August But It Is Still Low Compared To June
In recent years, the Game Finance (GameFi) sector has emerged as one of the most prominent and highly adopted spaces in the crypto-blockchain industry. The…
Federal Reserve Set For Another Rate Hike Of 75 bps
According to economists, the US Federal Reserve will announce another rate hike of 75 basis points in its policy meeting next week. Furthermore, it is…
Wall Street Records Fourth Day Of Gains Ahead Of CPI Report
On Monday, Wall Street continued with its winning streak for the fourth straight session, as a strong rally in stocks saw them close higher for…
Stocks Climb With Growth Shares In The Lead
On Friday, there was a rally in global equities with growth and tech shares taking the lead, and 2-year Treasury yields that are sensitive to…
Developers Have Bombarded Crypto Markets With NFTs And Meme Coins Following Queen Elizabeth’s Disease
Just as the news of Queen Elizabeth II’s passing was made public, the cryptocurrency degens quickly reacted to it. Crypto Market was Flooded The cryptocurrency…
A Flash Loan Attack Causes NFD to Suffer a 99% Crash in Value
A decentralized finance (DeFi) protocol, known as New Free DAO has recently suffered flash loan attacks that took place in series. Due to the attacks,…
BoE’s Bailey Talks About Rate Hikes And Soaring Inflation
On Wednesday, the Governor of the Bank of England, Andrew Bailey, and other top policymakers had a meeting with lawmakers about their decision to hike…
