Cryptos rallied more than 5 percent in the past 24 hours as the Dollar retreated from its recent highs. The Dollar Index which had touched a high of 114.51 on Monday is currently at 113.62, down 0.42 percent from the previous close. The Dollar’s pause supported the rally in stock […]

World stock markets gained on Tuesday amidst the Dollar’s retreat from the fresh two-decade highs touched on Monday. However, fears of a recession continue to linger. Asian stocks finished with gains. European stocks are mostly trading in positive territory. Wall Street Futures too indicate gains on opening. The Dollar’s surge […]

Shares of Leslie’s, Inc. (LESL) are rising more than 11% Monday morning at $14.99, on the news of it getting added to the S&P SmallCap 600. Leslie’s, a retailer of swimming pool supplies and related products, is to be added to the index prior to the opening of trading on […]

Fashion brand Louis Vuitton has teamed up with Aura Blockchain Consortium to provide blochchain-powered provenance for its LV Diamonds Collection, coming with a first of its kind LV Diamond Certificate. Customers are increasingly aware of the visible attributes of diamonds such as size, shape, colour, lustre and surface. However, invisible […]

Earlier last week, crypto giant Ethereum changed its blockchain to a proof-of-work protocol from Proof-of-stake protocol. The Merge, as it is called, was seen to be a holy grail in the crypto industry and was expected to boost the confidence of investors. However, in the past week or so, the […]

Global market sentiment was dampened as renewed fears of a recession haunted world markets amidst central banks worldwide hiking interest rates. Data showed U.K.’s GfK Consumer Confidence falling to a record low of -49 in September versus -44 in August. Flash PMI readings from Euro Area for September showed manufacturing […]

In a somewhat surprising departure from its belligerent pre-war stance against cryptocurrencies, the Russian Central Bank has reportedly agreed with the country’s Ministry of Finance on legalizing crypto to facilitate cross-border payments. Crypto For Cross-Border Settlements According to a Thursday report from the Russian news agency Kommersant, the Bank of […]

Cryptos remained firm amidst worries over the Fed’s potentially massive interest rate hike to be announced by the Fed later in the day. While majority market participants anticipate a 75-basis points hike, the possibility of a 100-basis points hike is also not ruled out. Meanwhile, rising political tensions in eastern […]

Shares of staffing solutions provider ShiftPixy, Inc. (PIXY) are down more than 32% Wednesday morning at $14.53, after announcing $5 million private placement. The company plans to use the net proceeds of $5 million for general corporate purposes including working capital, operating expenses and capital expenditures. The company today said […]

MicroStrategy has purchased an additional 301 Bitcoins for approximately $6 million, ignoring the harsh bear storm that has engulfed the crypto market for close to a year. According to a Tuesday filing with the Securities and Exchange Commission (SEC), the Bitcoins were purchased between August 2 and September 19 2022, […]