Renowned macroeconomist Henrik Zeberg’s Stark Prognosis X (formerly Twitter) and Bitcoin’s Rollercoaster Ride Renowned macroeconomist Henrik Zeberg has set the financial world abuzz with a stark prognosis on X (formerly Twitter), forecasting a dramatic surge in the Bitcoin price to a peak of $115,000 to $150,000. However, this meteoric rise is predicted to find an…
What’s Behind Bitcoin’s Stagnation? Investors and Analysts Scratching Their Heads It’s been a slow few days in the world of Bitcoin, with the price remaining stagnant and leaving investors and analysts alike wondering what’s going on. There are three main factors that seem to be at the core of Bitcoin’s current sideways trend, and they’re…
Record-Breaking Inflow: Nine New Bitcoin ETFs Garner $914 Million in a Single Day! Quick Take The fourth day of trading activity witnessed a striking upsurge in the aggregation of rolling net flows, escalating to a notable $1.2 billion, according to Eric Balchunas. This surge was primarily driven by the ‘Newborn Nine,’ a collective term for…
A Major Boost in Marketing for CFI Financial Group with AC Milan Sponsorship Deal Broker Partners with Popular Italian Football Club to Become Official Online Trading Partner In an effort to boost marketing through sports sponsorship, CFI Financial Group has recently inked a partnership deal with the popular Italian football club AC Milan. The sponsorship…
Amidst Bitcoin ETF Excitement, Miners Sell-off Raises Concerns Mining for Trouble: Bitcoin Miners Engage In Selling Spree It seems like just when we thought the cryptocurrency world couldn’t get any crazier, news breaks about Bitcoin miners going on a selling spree. Yes, you read that right! These miners, who we all rely on to keep…
Ethereum’s Dencun Rollout: Initial Hiccups on Goerli Testnet Ethereum’s Dencun rollout is a critical upgrade introducing “proto-danksharding” to enhance data capacity and reduce transaction costs Aimed at improving scalability and efficiency, it initially faced finalization delays on the Goerli testnet, marking a significant step in Ethereum’s evolution, especially for layer-2 blockchain networks. Key Takeaways Ethereum’s…
Housing Finance Bank Unveils ‘Fuuka Don’ Salary Loan Campaign to Support Ugandans’ 2024 Goals and Aspirations Aiming for Financial Independence and Sustainable Home Ownership In a re-affirmation of its commitment to enabling financial independence and sustainable home ownership, Housing Finance Bank has launched the ‘Fuuka Don’ salary loan campaign. The initiative aims to alleviate financial…
Alpha Group International’s Successful Financial Year Alpha Group’s Strong Results Alpha Group International, the provider of forex solutions to corporates and institutions, ended the financial year 2023 with a revenue of £110 million, an increase of 12 percent. The pre-tax profits also jumped 140 percent to about £115 million. The company’s profits received a boost…
