Cryptocurrencies offer a number of advantages in comparison with fiat currencies. This industry is evolving and one crypto-related firm from former Yugoslavia wants to accelerate this process. Crypto payments provider GoCrypto is working hard to expand this industry. For example, it is possible to pay with more than 10 million Bitcoin.com wallets at GoCrypto locations. …
In a blog post from Twitter’s CEO Jack Dorsey, the company announced that it is pulling out of the SXSW. He noted an adjustment in travel policy, which suspended non-critical business travel and events. Dorsey was supposed to have a keynote address in the event, in addition to a larger presence from the company. His …
Twitter Pulls Out of SXSW for Coronavirus Concerns Read More »
On Monday, a private survey showed that factory activity in China declined to a record low in February. Despite this news, major markets in Asia strengthened their positions. It is an important moment as during the last week; markets across the region had to deal with issues. On March 2, mainland Chinese stocks saw gains …
There are many crypto-related companies, and this industry, despite its relatively young age, attracted the attention of people from various backgrounds. The crypto market is expanding, and companies are trying to develop new projects or to expand existing ones. Recently, the crypto payment gateway GoCrypto made an important announcement. According to CEO Dejan Roljic, the …
The collapse of Bitcoin a week ago was followed by the breakdown of gold in the markets. The precious metal experienced sharp fluctuations this week, in which its price reached a maximum of seven years of $ 1,688.66 on Monday. It also closed with its most significant weekly decline since November. The unfortunate advance of …
The Italian economy was already struggling to deal with problems even before the coronavirus outbreak. However, the ongoing virus outbreak complicated the situation. Moreover, Italy was the first country in Europe to report a major surge in cases of the coronavirus. Italian authorities-imposed travel restrictions in the north of the country. This way, they are …
The Japanese yen skyrocketed last week, hitting a seven-week high against the U.S. dollar. The investors returned to their risk-off tactics again, while the pandemic fears amounted as the coronavirus is spreading worldwide. The currency was on track for its largest daily gain since May 2017, after the virus was confirmed in the U.S. That’s …
The Japanese Yen Hit the Seven Week High Against the Dollar Read More »
Coronavirus outbreak became the main problem for the global stock markets. Furthermore, global stock markets fell for a seventh consecutive day on Friday due to the virus outbreak. On Friday, China’s Shanghai Composite fell more than 3.7%, bringing losses for the week to 5.6%. It is worth mentioning that it is the worst performance since …
Global Stock Markets Fell for Seven Days in a row Read More »
Investors are moving to safe-haven currencies as the coronavirus is spreading worldwide. After the infection broke out in Europe, South Korea, and the U.S., the stock markets went into turmoil. The futures and equities collapsed around the globe. The virus turned the markets upside down – noted Marc-André Fongern, head of FX research at Fongern …
Euro and Yen Hit High; Safe-Haven Currencies in Demand Read More »
The crypto industry is evolving, and the number of people who would like to learn more about this emerging technology also increased during the last several years. The process of crypto adoption will take time due to several factors. Nevertheless, many crypto-related companies are working hard to challenge the stereotypes connected with cryptocurrencies. Several days …
United Airlines was the busiest last weekend. The largest US airline in Asia cut more flights, delayed an important event, and postponed pilot training. Not only that, but the company also withdrew its 2020 guidance, warning that near-term demand to China has almost disappeared. Consequently, demand for the rest of its trans-Pacific routes went down …
The Coronavirus Spends the Weekend with United Airlines Read More »
The current situation is far from being ideal as a coronavirus outbreak created a lot of problems for the global economy. Moreover, global stock markets fell for a seventh consecutive day on Friday due to the virus outbreak. Stocks around the world are struggling to deal with the situation. It won’t be easy to convince …
One of the Worst Weeks for the Stocks Since 2008 Crisis Read More »
This week, the Japanese messaging giant Line closed its Singapore-based crypto exchange. Moreover, Line relaunched it as global, rebranded U.S.-based platform. Yesterday, the team of exchange, which first launched as BitBox in Singapore back in 2018, revealed exciting information. The name of the new U.S. platform will be BitFront. LVC USA, is the U.S. subsidiary …
Japanese Messaging Giant and New Crypto Exchange Read More »
The world is going crazy and emerging into chaos. But maybe it was like that all the time, and we’ve just noticed? Nevertheless, Gold is holding proud and has managed to slip for two days in a row despite a total meltdown in global stocks. Gold Futures for April delivery slipped 0.1% to USD1,650.70 by …
Nothing can stop Gold from rising, even Coronavirus Read More »
The Japanese Yen skyrocketed during the last days after the short downfall. It reached 108.51 against the dollar, trading by 0.8% higher last. It seems, yen regained its safe-haven status after the coronavirus spread in Europe and South Korea, and now in the U.S. too. Marc-André Fongern, head of FX research at Fongern Global Forex, …
The Yen surges forward. Euro-dollar volatility hits high Read More »
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