Account Global Recession Risks Rise as Central Banks Raise Rates There is no doubt that what happens in the Federal Reserve meetings and the decisions taken, have a huge impact on the financial Markets. During their latest meeting, The FED raised interest rates by 50 BP. Additionally, they have raised their terminal rate from 4,80% to […]
Account How to earn passive in Crypto with Pure App Cryptocurrency is a unique financial instrument that enables anyone with an internet connection to participate in a distributed economy. That includes opportunities to earn passive income. There are unique risks associated with investing and earning with cryptocurrency, even though it may seem like a bank account […]
Account Attorneys and executives representing the collapsed cryptocurrency platform FTX appeared in court on Tuesday where they revealed a continued investigation into the company’s assets formerly controlled by its founder and former CEO Sam Bankman-Fried. They also pleaded to keep the names of the company’s customers shielded from public view. The two-hour hearing was a traditional […]
Account Weekly Market News 21 November Crypto News FTX Says Top 50 Creditors Are Owed $3.1 Billion According to a recently filed court document, FTX owes its 50 largest creditors about $3.1 billion with claims ranging from tens of millions to hundreds of millions of dollars. The document also reveals that FTX has around 1 million […]
Account Bitcoin (BTC) dropped to a new 23-month low on Wednesday as crypto traders processed the news that the Binance exchange might demur on an earlier plan to buy its once-mighty but suddenly ailing rival FTX. The price of bitcoin hit $16,936 on crypto exchange Bitstamp on Wednesday, after Binance is leaning toward scrapping the deal […]
Account US equity futures fell along with stocks in Europe after post-market slumps in megacap technology shares marred a three-day rally on Wall Street and raised new doubts over whether this year’s $5.5 trillion selloff is nearing a bottom. Contracts on the Nasdaq 100 tumbled 1.8% after disappointing quarterly updates from Microsoft Corp., Google parent Alphabet […]