Bitcoin Faces Pressure as Retail BTC Activity Hits Record Low
The price of bitcoin has dropped significantly in recent days, from $82,000 to around $76,000 mark. A 6% drop after a robust surge
Stocks
Investing
Sterling falls as UK inflation eases and dollar strengthens
The British Pound weakened against its major peers during the European trading session on Wednesday after the United Kingdom released softer-than-expected April inflation
Investing
US dollar rises as hawkish Fed expectations lift Treasury yields
The US dollar maintained its upward momentum early Wednesday after outperforming major global currencies in the previous session, supported by rising US Treasury
Investing
USD/ZAR forecast: rand outlook as South African inflation jumps to 4%
The USD/ZAR exchange rate remained in a narrow range this month, even as the US Dollar Index (DXY) continued its strong rally. This
Investing
RBI announces $5 billion dollar-rupee swap to ease liquidity pressure
The Reserve Bank of India (RBI) on Wednesday announced a dollar/rupee buy-sell swap auction worth $5 billion with a tenor of three years,
Economy
UK shares edge higher as softer inflation eases rate hike concerns
UK shares traded slightly higher on Wednesday after softer-than-expected inflation data for April eased investor concerns over aggressive interest rate hikes, although some
Economy
Intel snaps losing streak as semis rally ahead of Nvidia earnings
Semiconductor stocks advanced in premarket trading on Wednesday as investors positioned for Nvidia’s closely watched first-quarter earnings report, with Intel leading gains after
Economy
European lenders back Qivalis as race for digital euro alternatives grows
European banks are accelerating efforts to build a regional alternative to US-dominated digital payment systems, with 25 additional lenders joining a consortium preparing
Economy
Analysts are bullish on Rocket Lab stock ahead of SpaceX IPO: Should you?
Rocket Lab (NASDAQ: RKLB) stock price is in a strong bull run this year and is now hovering at its all-time high. These
Economy
Dash price prediction: Can privacy coin climb to $60 next?
Dash (DASH) rallied sharply on Wednesday as renewed buying interest in privacy-focused cryptocurrencies pushed the token into double-digit intraday gains, rekindling optimism that