One of the most well-known names in the world of decentralized finance is none other than the Aave protocol. Now, it appears that it has taken a very important step for any…
Month: October 2020
Tech Slide and Pandemic Surge Slam Wall Street
On Friday, U.S stock indexes closed lower for capping the biggest weekly sell-off on Wall Street since March, as investor sentiment was snuffed by jitters over the upcoming presidential elections, a record…
Global Stocks Steady after Second-Wave Turmoil
On Thursday, European commodity and stock markets struggled to stabilize after some of the biggest economies in the region returned to national lockdowns, triggered by the most drastic global selloff within…
Stocks Tumble as Investors Gripped by Lockdown Fears
On Wednesday, shares all around the world tumbled as COVID-19 infections surged rapidly in the United States and Europe. This has ignited possible stricter lockdown measures, which could have a negative impact…
Wall Street Ready to Bounceback after COVID-19 Keeps Europe in the Red
On Tuesday, some of the early losses were recovered by European equities and futures indicated towards a Wall Street recovery, after markets saw a wave of risk aversions at the beginning of…
Stocks Dip on Stimulus Doubts and Surging Virus Cases
On Monday, global stocks kicked off the week on the back foot as the global economic outlook was clouded by surging cases of coronavirus in the United States and Europe, while leaders…
Investors Left Hanging as Stimulus Negotiations Drag On
On Friday, the dollar fell and global stocks trod water, as investors were left hanging since they were waiting to see if they will finally reach a long-awaited agreement on a fresh…
Crypto Prime Brokerage Introduces Cross-Exchange Margin Service
A crypto prime brokerage based in Hong Kong, Cyberx launched the first cross-exchange portfolio margin service in the world on Wednesday for derivatives and spots trading. Prime brokerage for crypto remains a…
Global Stocks Bide Time as Caution for U.S. Elections Set In
On Friday, global stocks barely moved as investors tightened their positions, with the U.S. presidential elections just two weeks away and awaiting a breakthrough in stimulus negotiations taking place in Washington. On…
European Stocks Decline as Virus Cases Spike and German Consumer Morale Weakens
On Thursday, European stocks declined to their lowest level in over a month, as a decline in German consumer morale, an impasse in the U.S. stimulus talks and surging coronavirus cases in…