by Jennifer George | August 5, 2024 | Cryptocurrencies, News, Trending Now
Monday morning marked the lowest Bitcoin plunge since February 2024. In the early hours of August 5th, Bitcoin fell by 16.53% to trade at $49,883. Live data from The Block also illustrated an Ether fall, the lowest since January of 2024, currently charting at $2,186...
by Jibran Munaf | August 5, 2024 | Economy, News, Stocks & Bonds, Trending Now
Japan’s benchmark Nikkei Stock Average recorded its worst-ever daily sell-off on Monday, losing 4,451.28 points from the previous day’s closing amid panic selling triggered by fears of a possible U.S. recession and the yen’s strength. The average in...
by Jennifer George | August 5, 2024 | Markets, News, Stocks & Bonds, Trending Now
The looming presence of a global recession inches closer as Japan’s Nikkei sinks by 13% on Monday. Japan’s entry into the red zone alludes to a brewing recessionary undercurrent in the US, causing the Nasdaq and S&P futures to plummet by 5.5% and 3%,...
by Jennifer George | August 2, 2024 | News, Technology, Trending Now
Meta, a multinational technology leader, and Startupbootcamp, a leading startup accelerator with over 1,600 successful startups, have collaborated to boost MENA’s startup landscape. This strategic partnership aims to empower local startups with cutting-edge AI...
by Jennifer George | August 1, 2024 | Banking, Central Banks, News, Trending Now
As July comes to a close, the Bank of Japan (BOJ) raises its benchmark interest rate to approximately 0.25%, a notable hike from the previous rates that fluctuated between 0 and 0.1%. This landmark interest rate hike serves as the highest jump in rates since October...
by Jennifer George | July 30, 2024 | Cryptocurrencies, News, Trending Now
Trump believes in crypto and is prepared to fully endorse it as a legitimate asset class in the US. Republican candidate Donald Trump delivered the keynote address at the annual Bitcoin conference in Nashville, Tennessee, on July 27th, 2024, where he mapped out his...