Cred faced backlash when the US-based crypto exchange platform filed for bankruptcy protection under Chapter 11 past weekend. The company had sought protection against the possible bankruptcy. Soon after the customers of…
Month: November 2020
First Crypto Platform Registered in the Netherlands
A crypto exchange called BLOX has officially been given the green light to operate in the Netherlands. By doing so, the crypto platform will be the first one to be registered in…
European Stocks Lose Steam after Five-Day Rally
On Friday, European stocks drifted lower after a strong rally this week as a record number of coronavirus cases were posted by France and Italy, while investors assessed the expected implications of…
Shares and Bonds Gain as Biden Moves towards Victory
Asia and Europe’s stock markets climbed on Thursday and bonds continued their rally as Democratic candidate Joe Biden inched closer to win the White House. Plus, the central bank in Britain became…
Dollar Trims Gains as U.S. Election Race Tightens
With riskier currencies staying on the backfoot, the U.S. dollar trimmed some of its gains, as the markets were waiting for the outcome of the U.S. elections after early results indicated that…
Sterling Calm Against the Euro as Implied Volatility Soars
On Tuesday, trading in the British pound remained relatively calm, as the currency managed to stay neutral against the euro, but surged against the broadly weaker dollar on the day of the…
Sterling Falls as England Moves towards Second National Lockdown
On Monday, Sterling fell to its lowest value against the dollar in almost four weeks after a new national lockdown was announced by England. However, analysts stated that a bigger drop in…
What’s Utterly More Surprising Than Giving Away Bitcoin On This Halloween?
Halloween has just gone past. Many haunting stories were projected on this Halloween yet nothing seems to be more surprising than giving away of Bitcoin. The latest news confirmed that an owner…