On-chain Data Reveals Movement of Long-Dormant Bitcoins Introduction Recently, on-chain data has shown that a significant amount of Bitcoin, totaling to 16,000 BTC, which has been dormant for 5-7 years, has started moving within the Bitcoin blockchain. This movement has caught the attention of analysts and investors alike, as it signals potential changes in the…
Dogecoin’s Whale Impact Plummets as Market Cap Shrinks Introduction In a recent tweet, on-chain analytics platform Santiment revealed a concerning trend for Dogecoin (DOGE) investors. The platform noted that the impact of Dogecoin’s whales has taken a significant hit, with large holders going silent in recent weeks. This development has coincided with a sharp decline…
Corvus Pharmaceuticals Initiates Phase 3 Trial for Soquelitinib in PTCL Background Soquelitinib is a potential first-in-class ITK inhibitor with broad potential in cancer and immune diseases. There are currently no fully approved agents for the treatment of relapsed PTCL, and soquelitinib has been granted Orphan Drug Designation and Fast Track Designation by the FDA. This…
The People’s Bank of China Reference Rate and its Impact on Forex Trading Introduction The People’s Bank of China (PBOC) plays a crucial role in setting the reference rate for the onshore yuan (CNY) ahead of each trading session. This rate serves as a benchmark for traders and investors, guiding the movement of the USD/CNY…
Users of FutureBit Apollo miner equipment solved a block, taking the whole 3.125 BTC reward The Impact of FutureBit Apollo Miner Equipment Recently, a group of users of the FutureBit Apollo miner equipment made headlines in the cryptocurrency world by successfully solving a block and claiming the entire 3.125 BTC reward. This achievement was made…
CHFJPY – Taking Advantage of Weakening Yen Last week, the market saw a surge in CHFJPY like never before. For the first time since 2007, the Swiss National Bank (SNB) made a bold move by increasing their interest rate by 50 basis points. This decision came right after the Federal Reserve (FED) raised their interest…
Welcome to the World of Financial Analysis! Examining Central Pacific Financial’s Performance in Q4 2024 An In-Depth Analysis While the top- and bottom-line numbers for Central Pacific Financial (CPF) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics…
The Impact of Inflation Expectations on Monetary Policy From the Reserve Bank of New Zealand Survey of expectations – inflation One year expectations 4.86% 2 year 3.07% In a recent survey conducted by the Reserve Bank of New Zealand, it was revealed that one-year inflation expectations stand at 4.86%, while two-year expectations are slightly lower…
