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Tag: economic activity

NFT Marketplace OpenSea Bans Cuban Creators Citing U.S Sanctions

11 hours ago | 2 mins read NFT News OpenSea insisted that it is...

NFT Marketplace OpenSea Confirms Ban on Cuban Artists

Citing U.S. sanctions on Cuba, OpenSea, the world’s largest marketplace for non-fungible tokens (NFT), said today that it's banning digital artists from all countries...

Euro steady on light data calendar

EUR/USD continues to drift this week, content to stick close to the 1.06 line. There are no eurozone releases today, so I expect...

Bank of Russia to Test International Crypto Payments With Companies

The Central Bank of Russia plans to use cryptocurrency for cross-border payments in trials with private companies, a member of its top management...

AUD/USD moves higher ahead of RBA minutes

The Australian dollar has posted gains on Monday.  AUD/USD is trading at 0.6717 in the European session, up 0.46%. Will RBA minutes provide any...

ECB Hikes Interest Rates by 50bps; Signals Need for Further Hikes to Fight Inflation

The European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its...

Bitcoin ($BTC) Price to Rise to $30,000 in Second Half of 2023, VanEck Says

A fund manager at investment giant VanEck has predicted that the price of the flagship cryptocurrency Bitcoin ($BTC) could rally to $30,000 in the...

Tightening Thursday (ECB & friends), US data/surveys, labor market refuses to break, oil slumps, gold lower on strong dollar, bitcoin follows broader market

US stocks didn’t stand a chance today after digesting a hawkish FOMC decision and a round of data/surveys that support the argument that...

Why local currency stablecoins are needed in non-US countries: Opinion

People ask me all the time about what I think of digital asset classes like central bank digital currencies (CBDCs) and stablecoins. I like...

Product Update: November 2022

November was a chaotic month for the industry, with the shock waves of FTX still echoing through the space. However, out of this event...

Mitsubishi Power Receives 55MW Geothermal Power Plant Order from Pertamina

TOKYO, Dec 05, 2022 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order...

Euro pauses after sharp gains, NFP looms

EUR/USD is unchanged on Friday, trading at 1.0524. US nonfarm payrolls expected to drop to 200K The week wraps up with one of most important...

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