Quantitative tightening (QT) is a critical tool central banks use to control inflation by reducing the money supply. In this article, we’ll break down how QT works, its impact on financial markets, and how it influences the broader economy. Read on to learn more about the effects of QT and how it shapes markets. What […]
Kraken Boosts Australia Presence after Setback: Launches Derivatives Trading
Kraken, which previously violated Australian financial market rules by offering fiat-based margin products, has revamped its services in the country by offering crypto-based derivatives products for local wholesale clients. Limited to Wholesale Clients Announced yesterday (Sunday), the American exchange highlighted that the new products are being o
Singapore’s MAS Announces Plans For Tokenization in Its Financial Sectors
The Monetary Authority of Singapore (MAS) is looking to integrate tokenization with the financial service sector with the…
US Elections 2024 Countdown: Polymarket Bettors Push Harris Closer to Trump
The US Presidential election is only a day away. Although current Vice President Kamala Harris started on the back foot in her race against former President Donald Trump, her odds on Polymarket have narrowed significantly recently. Harris Leads Polls, but Trump Is Bettors’ Favourite The odds between Harris and Trump have always been narrow in [&hel
Donald Trump vs. Kamala Harris in 2024 US Elections: Experts, Polls Weigh In
We have finally entered the last week of the eventful 2024 US Elections, and just a day ahead…
Dogecoin (DOGE) Poised for a Move: Will It Start a Fresh Increase?
Dogecoin started a downside correction from the $0.180 zone against the US Dollar. DOGE tested $0.1420 and is currently recovering losses. DOGE price started a fresh decline from the $0.180 resistance level. The price is trading below the $0.1650 level and the 100-hourly simple moving average. There is a key bearish trend line forming with [&hellip
XRP Price Resilient Above $0.50 While Markets Turn Red
XRP price is holding the $0.500 support zone. The price is beating Bitcoin and might aim for a move above the $0.5120 resistance. XRP price is eyeing a decent increase above the $0.5120 zone. The price is now trading below $0.5100 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish […]
Tether’s Financial Reserves and Record Profits Redefine Stability in the Crypto Market
Tether Limited has posted a remarkable third-quarter profit of $2.5 billion, pushing its total profits this year to an unprecedented $7.7 billion. This performance underscores Tether’s growing financial clout and its position as a leading player in the cryptocurrency market One of the major drivers of this impressive quarter has been Tether’s $5 bi
Bitcoin Briefly Rebounded Above $69K, but Now Back to $68K
Bitcoin(BTC) has been on quite a rollercoaster ride in the past few days, however, the crypto did see…
Bitfinex hack launderer ‘Razzlekhan’ wants time served as sentencing looms
Heather Morgan has argued for no more jail time for her role in laundering some of the 120,000 Bitcoin stolen from Bitfinex by her husband Ilya Lichtenstein.