The Turkish lira currency plunged by more than 10% on March 22 after the country’s President Recep Tayyip Erdogan unexpectedly fired Naci Agbal, the country’s central bank governor. Having initially touched a new low of 8.280 a dollar, the lira recovered to close at 7.75 a dollar by 20.00 hours […]

On March 19, 2021, the U.S. Federal Reserve Board published a press release that detailed the temporary supplementary leverage ratio easements will be expiring as scheduled. U.S. banks will no longer have the relaxed capital requirements they once held since the onset of the Covid-19 outbreak. Despite Wall Street’s Protest […]

Freetrade, the UK commission-free stock trading platform, has closed £50 million in its most recent funding round, Sky News reports. The new investment was led by Left Lane Capital, a New York-based venture capital and early growth equity firm focused on internet businesses, along with Bernard Arnault-backed private equity firm, […]

Key Takeaways Crypto Briefing privately confirmed this trader’s account holdings and betting activity before conducting the interview. The trader has a Ph.D. in economics, working as a lecturer and an options trader as well as researching events markets. The methodology in events betting requries heavy research, discussion, and often the […]

Written by: Matt Johnes, a crypto trading bots enthusiast and a content writer at TradeSanta. (My final goal is to help readers find what they need, understand what they find, and use what they understand appropriately). Summer 2020 saw a DeFi boom, the platforms that enabled their clients to lend and borrow […]

Citibank’s David Bailin believes that bitcoin will do well because of the level of interest from investors. While stating that the cryptocurrency can be part of a portfolio, the executive sees better investment opportunities than bitcoin in “giant unstoppable trends.” Bitcoin ‘Is Going to Do Well,’ Citi Executive Predicts David […]

SBI Crypto, a subsidiary of SBI Holdings, Japan, has announced its mining pool service, allowing miners to earn from collaborating.  SBI Holding’ Public Mining Pool  SBI Crypto announced public participation in its mining business after a soft launch in private placements earlier this year.  Bitcoin mining is an energy incentive […]

Key Takeaways Bitcoin sits on top of stable support while the network activity suggests that a bullish impulse is underway. Ethereum whales appear to be booking profits adding downward pressure to ETH. Given the ambiguity between these cryptocurrencies, investors must pay close attention to their respective support and resistance levels.  […]

Bank of America sees no good reason to own bitcoin other than “sheer price appreciation.” The firm’s strategists found that the cryptocurrency’s “inflation hedging benefits are not particularly apparent.” Bank of America also claims that bitcoin does not offer diversification benefits and is “impractical as a store of wealth or […]