Understanding the People’s Bank of China USD/CNY Reference Rate The People’s Bank of China (PBOC) plays a crucial role in the setting of the daily midpoint of the yuan, also known as renminbi or RMB. The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a…
Welcome to our Blog Sprout Social Announces Fourth Quarter 2023 Financial Results CHICAGO, Feb. 20, 2024 (GLOBE NEWSWIRE) — Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its fourth quarter ended December 31, 2023. “We’re pleased to share incredibly strong…
Altcoin Holders Rake in Massive Profits So far, the average altcoin holders appear to have massive profits As Santiment, a leading blockchain analytics firm, reported, many altcoin wallets have experienced substantial gains. The firm’s observations indicate that most crypto projects are exhibiting bullish performances, leading to these realized gains for investors. Santiment notes that these…
The PBoC 25bp Cut: What You Need to Know ForexLive Asia-Pacific FX News Wrap In case you missed it, the People’s Bank of China (PBoC) recently announced a 25 basis points cut, marking its largest 5-year Loan Prime Rate (LPR) reduction ever. This move has sparked discussions and speculations within the financial market, particularly in…
Let’s Talk XRP ETFs – A Ripple CEO’s Take Get ready to dive into the world of XRP ETFs with a dash of humor and quirkiness. Ripple CEO Brad Garlinghouse recently shared his thoughts on the possibility of an XRP exchange-traded fund (ETF) in an interview with Bloomberg. When asked about Ripple’s stance on supporting…
Bitcoin Traders Show Cautious Optimism Amid Price Surges Analysts from Bitfinex Observe Decrease in Short Positions Whales Shun Short Positions, Expecting Continued Price Surges Bitcoin traders are exhibiting cautious optimism as they refrain from “substantial short positions,” expecting continued price surges, according to analysts from Bitfinex in this week’s Alpha report. Despite Bitcoin’s notable surge…
Coinbase International Exchange hits $1 billion in daily trading volume Overview On February 20, Coinbase’s non-US exchange experienced a significant milestone with over $1 billion in daily trading volume. Coinbase International Exchange proudly announced, “In the last 24 hours, our perpetual futures surpassed $1 billion in notional contract volume traded.” This achievement marks the first…
LINKBEST.COM announced its 15 years in business New York, NY, Feb. 20, 2024 (GLOBE NEWSWIRE) Linkbest, a leading comprehensive technical supported affiliate marketing company, proudly announces its 15 years of experience in the industry, solidifying its position as a trusted and reliable partner for businesses worldwide. How can advertisers and publishers be linked in the…
