Blog Post Article: Fundamental Overview Hey there finance fanatics! Let’s dive into the wild world of currency markets. So, last week the USD took a hit across the board thanks to some not-so-great US Jobless Claims and ISM Services PMI reports. Doesn’t sound too thrilling, I know, but bear with me. While these numbers didn’t…
Worldline and BKN301 Extend Digital Payment Partnership: A Game-Changing Collaboration in the Forex Market The Original Partnership The original partnership between Worldline and BKN301 started in 2022 and it marked a significant milestone in the digital payment industry. The partnership included the incorporation of Worldline’s cutting-edge issuing and acquiring technical processing functions. This move was…
Bitcoin’s Recent Struggles: A Closer Look at the Fifth Largest Realized Loss Since FTX Collapse and the Impact of Mt. Gox Panic Description: Quick Take: Bitcoin’s recent price dip to around $54,000 has triggered one of the largest realized losses since the FTX collapse, specifically the fifth biggest realized loss since. This significant sell-off is…
Peter Schiff Warns Mass Bitcoin ETF Sell-Off If Price Dips Below $38K Coinpedia Fintech News Peter Schiff has yet again expressed his doubtfulness over Bitcoin’s future, with his focus on Bitcoin ETFs this time, where he predicts a potential large-scale sell-off that could destabilize the market further. Schiff’s warning comes at a time when Bitcoin…
Mt. Gox $2.7 billion repayment news drives Bitcoin to five-month low under $55,000 What happened with Mt. Gox? Bitcoin price slumped to a five-month low of under $55,000 after the defunct exchange Mt. Gox confirmed that it has begun repaying creditors. On July 5, Mt. Gox’s Rehabilitation Trustee announced it has started repaying creditors through…
Cotar Urges Government to Halt Bitcoin Sell-Off Bitcoin’s Value as an Asset Class Joana Cotar, an independent member of the Bundestag, has recently called on the government to put an end to the ongoing Bitcoin sell-off. This sell-off has had a significant impact on the BTC market, with a 10% drop in the cryptocurrency’s price…
The Chaos in the Prop Trading Industry Continues Another Prop Trading Firm Shuts Down The chaos continues in the prop trading (technically funded trading) industry as SI World, a brand operated by the UK-based Stocknet Institute, announced its “permanent closing.” Interestingly, at the same time, Australia’s The Prop Trading AU teased a comeback one and…
What a Mauling: Cabinet Ministers Lose Their Seats The Fallout Among the big names on the list are Penny Mordaunt, leader of the House of Commons, and Grant Shapps, defence minister. The eleven in total now surpasses the previous record of seven Cabinet ministers losing their seats in 1997, when Tony Blair brought the Labour…
