The recent market developments have created a significant amount of volatility and uncertainty among investors. Municipalities faced losses as U.S. Treasuries yielded higher returns, prompting equities to sell off after a slowdown in GDP growth during the first quarter. This downturn in economic growth was further compounded by rising inflation rates, particularly with the core
0 Comments
The recent halving of Bitcoin has sparked a subdued market response, in contrast to the surges in price witnessed during previous halving events. Analysts have noted that the market expectations for this halving are somewhat different, with varying economic conditions influencing investor behavior. While historical trends suggest that Bitcoin prices typically climb after a halving,
0 Comments
Meta Platforms, the parent company of Facebook, encountered a significant drop of more than 14% in its stock price after issuing weak second-quarter revenue guidance. However, the company managed to surpass analysts’ estimates with its first-quarter earnings and revenue. Honeywell, an industrial stock, experienced a 2.2% rise in premarket trading following the announcement of earnings
0 Comments
In the ever-evolving world of decentralized finance (DeFi), accessibility has always been a major pain point for users looking to enter the crypto space. Traditional onramps from fiat to crypto have posed significant challenges, hindering the widespread adoption of DeFi technologies. However, recent developments by Velocity Labs in collaboration with Ramp Network signify a monumental
0 Comments