Posts

Showing posts from August, 2023

Here Are The Factors That Could Be Behind The Latest Bitcoin Wipeout

  Bitcoin, the largest cryptocurrency in the world, has plummeted substantially in the past 24 hours, leading to a ripple effect among other cryptocurrencies. On August 18, the price of BTC suddenly dumped 8% in a matter of minutes, as tension from investors increased selling pressure. Aug 18, 2023 15:15 GMT+3

Reuters: Dollar slides after slowing U.S. jobs growth in July

Image
KEY POINTS: Biggest single-day dollar slide in three weeks Dollar's drop erases almost all the week's gains Jobs growth slows but wage gains point to tight market Focus now on consumer price index (CPI) next week The dollar fell on Friday, paring almost all the week's gains, after slowing U.S. jobs growth in July encouraged hopes of a soft economic landing but higher wages suggested the Federal Reserve may need to keep interest rates higher for longer.

Cointelegraph: Hong Kong debuts retail crypto trading with HashKey exchange

  Hong Kong debuts retail crypto trading with HashKey exchange Aug 3, 202310:52 GMT+3 BTCUSDT−0.15% Hong Kong is expanding cryptocurrency trading exposure to individual investors, with at least one exchange getting the regulatory green light to offer such services.

Reuters: Perth Mint's July gold, silver sales slump to lowest since 2020

Reuters   Perth Mint's July gold, silver sales slump to lowest since 2020 Aug 3, 202311:42 GMT+3 GOLD +0.15% XAGUSD1! −0.71%   Perth Mint's July gold product sales slumped to their lowest level since October 2020, while silver sales were at a more than three-year low, the refiner said on Thursday, citing a slowdown in demand as prices surged.