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The demand for cryptocurrency brokers has grown along with the popularity of cryptocurrencies. Between cryptocurrency buyers and sellers, crypto brokers function as a middleman. They help users manage their investments in the cryptocurrency market and make it easier for consumers to buy and sell digital currencies. But not all cryptocurrency brokers are the same and … Read more
Coinbase has finally executed the suspension of the Binance USD (BUSD) that it had previously announced. According to the officials, trading for the BUSD has been suspended as they had previously communicated. BUSD Trading has been Suspended The teams at Coinbase have made the final announcement pertaining to the suspension of Binance USD. In the … Read more
Impact of Silicon Valley Bank’s fall onto the Crypto Industry A few days back, the US banking sector was surprised when it acknowledged the fact that Silicon Valley Bank was going to collapse. It was on 10th March 2023 when Silicon Valley Bank (SVB) announced its failure to carry on the banking business any longer. … Read more
Authorities worldwide have been actively scrutinizing activities related to the crypto industry and these have often been followed by some serious crackdowns. The regulating authorities hunt down illicit crypto activities so that further illegal activities and infringement of laws can be prevented. SEC’s Action Against Cryptocurrency The Securities and Exchange Commission (SEC) in the US … Read more
On Friday, the US dollar lost its price as a result of the latest labor statistics for February indicating a decrease in the rate of wage growth. Experts believe that the reduction of inflationary constraints could result in the Federal Reserve’s gradual pace of increasing interest rates. Since there is no urgency to increase the … Read more
The Monday trading session saw the dollar price take yet another dive. The trading value of the dollar slipped to a lower level as witnessed in the Forex trading session on Monday. According to analysts, there are two factors behind the slump in the trading price of the dollar. Stance on Interest Rates The first … Read more
On Monday, the dollar reached a 20-year high on Monday due to the hawkish comments of Jerome Powell, the Federal Reserve’s chairman. However, it was kept in check, as the euro also received a boost because of growing expectations that there would also be a significant rate hike by the European Central Bank (ECB). The … Read more
The latest reports suggest that Pfizer and BioNTech are to face a lawsuit filed by Moderna. According to reports, the legal teams at Moderna have filed a lawsuit against BioNTech and Pfizer. BioNTech is the German partner of Pfizer, which is a multinational pharmaceutical company headquartered in the United States. Why has Moderna Taken Competitors … Read more
On Friday, the Russian ruble eased past the 60 mark against the US dollar, as support from tax payments at the end of the month faded, while stocks moved up. Weakening in the ruble There was a 0.6% drop in the Russian ruble against the US dollar to 60.50, as it remained bound to this … Read more
As of now, the cryptocurrency industry is experiencing a downtrend and no cryptocurrency can claim it is not. The cryptocurrency sector has been facing the worst time ever and the entire community has been losing a lot for the past few months. Singapore Wants to Deal with the Situation With the cryptocurrency sector situation constantly … Read more
