Category: Markets

April 4, 2023

Su Zhu and Kyle Davies, founders of the collapsed hedge fund Three Arrows Capital (3AC), have announced the launch of the crypto project Open Exchange, or OPNX. Both Zhu and Davies retweeted the April 4 launch announcement from OPNX chief […]

April 4, 2023

Big data and robotic process automation (RPA) might be relatively new concepts to people in the mainstream, but they’ve been integral to traders for over a decade. Financial types have long since understood the value of information and, as our […]

April 3, 2023

Finovate (the sister brand of Omdia) recently hosted its first major event of the year, FinovateEurope, which was held at the O2 Intercontinental Hotel in London over 14-15 March 2023. The event took place just days after the dramatic demise […]

March 31, 2023

The entire crypto industry was affected by a series of unfortunate events during 2022 and the repercussions are still visible in 2023 as well. While crypto investments are recovering steadily, the ownership of non-fungible tokens was even more seriously impacted. […]

March 30, 2023

The events of the last few weeks have spooked investors and regional banks alike. More importantly, the people who go to work and make the economy run are starting to question whether their bank deposits are safe. Fears of more […]

March 30, 2023

Bitcoin Bitcoin (BTC) moved to its highest point in nine months, despite cryptocurrencies mostly consolidating ahead of the upcoming U.S. GDP report. Following a low of $28,155.83 on Wednesday, BTC/USD raced to an intraday peak of $29,159.90 earlier in the […]

March 27, 2023

Bitcoin Bitcoin (BTC) started the week trading marginally higher, with prices hovering near the $28,000 level. Following a bottom at $27,678.15 on Sunday, BTC/USD moved to a high of $28,178.14 earlier in today’s session. The move saw bitcoin edge towards […]

March 24, 2023

JP Morgan Chase has acquired Aumni, a provider of investment analytics software for venture capital firms, for an undisclosed sum. The acquisition, expected to close in H1 2023, will build out JP Morgan’s private markets platform for companies, employees and […]

March 22, 2023

It’s been a rough two weeks for the U.S. economy after the fall of Silvergate Bank, Silicon Valley Bank, and Signature Bank. After these bank failures took place, the Federal Reserve announced the creation of the Bank Term Funding Program […]

March 15, 2023

Annual tax-free pension allowances raised, tax cuts on draught pints, frozen fuel duty, utilising ‘environmentally sustainable’ nuclear power to reduce energy costs and avoiding a 2023 recession all featured in the Chancellor of the Exchequer’s budget. While much of the […]

March 3, 2023

Intesa Sanpaolo, Italy’s largest banking group, has partnered with tech titan IBM to “future-proof” its IT infrastructure. Intesa says demand for digital services and “increasingly stringent security, compliance and sustainability regulations” have made it necessary for banks to review and […]

February 27, 2023

Two Ethereum (ETH) rivals are skyrocketing this week, far outpacing both Bitcoin (BTC) and the crypto markets in general. Filecoin (FIL) and Conflux (CFX) have risen 93% and 45% respectively during the last seven days, continuing the defy crypto market […]

February 24, 2023

Bitcoin Bitcoin (BTC) was once again trading below $24,000 on Friday, as markets began to anticipate the release of U.S. consumer sentiment data. BTC/USD fell to an intraday low of $23,693.92 earlier in today’s session, less than 24 hours after […]

February 23, 2023

Bitcoin Bitcoin (BTC) moved back above $24,000 on Thursday, as cryptocurrency markets rebounded following the latest FOMC minutes. Following a low of $23,644.32 on Wednesday, BTC/USD surged to an intraday high of $24,572.09 earlier in the day. As a result […]

February 22, 2023

Bitcoin Bitcoin (BTC) extended recent declines on Wednesday, as markets began to anticipate the upcoming FOMC minutes report. Today’s report will shed light on the Federal Reserve’s current view of the U.S. economy, in light of last month’s 25-basis-point hike. […]

February 21, 2023

Research warns that Bitcoin still lacks the on-chain volume and active address increases that characterize bull markets. In a frank appraisal of the 2023 BTC price rebound, on-chain analytics platform CryptoQuant warned that Bitcoin might be weaker than it seems. […]

February 15, 2023

Bitcoin Bitcoin (BTC) remained above $22,000 on Wednesday, with traders continuing to digest the latest inflation report in the United States. Following a low of $21,632.39 on Tuesday, BTC/USD rallied to an intraday peak of $22,293.14 earlier today. Today’s move […]

February 13, 2023

Bitcoin Bitcoin (BTC) continued to trade close to a multi-week low on Monday, as market sentiment remained bearish ahead of the upcoming U.S. inflation report. Following a high of $22,060.99 on Sunday, BTC/USD dropped to an intraday low of $21,539.50 […]

February 10, 2023

Bitcoin Bitcoin (BTC) extended recent declines on Friday, with prices falling below the $22,000 mark for the first time in several weeks. BTC/USD fell to an intraday low of $21,754.13 earlier today, which comes less than 24 hours after trading […]

February 9, 2023

Bitcoin Bitcoin (BTC) slipped to a two-week low on Thursday, with prices falling below $23,000 in the process. Following a high of $23,191.32 on hump-day, BTC/USD plunged to an intraday low of $22,458.26 in today’s session. The decline sent bitcoin […]