Over 3,000 developers, startup founders, investors, and Web3 enthusiasts are expected to gather at the True ICON Hall in Bangkok, Thailand for the Southeast Asia Blockchain Week (SEABW) on April 22-28, 2024. With a week full of engaging events, workshops, and networking opportunities, SEABW aims to explore the evolving landscape of Web3 in the Southeast
The New York City Municipal Water Finance Authority is set to make its second issuance of the year in the municipal bond market. This issuance is valued at $450 million, with $400 million allocated for system improvements and $50 million for refunding. According to Andrew Rothbaum, who manages investor relations for the authority, the funds
Goldman Sachs saw a 3.3% increase in premarket trading after beating Wall Street’s first-quarter earnings expectations. The company posted earnings of $11.58 per share on revenue of $14.21 billion, which surpassed analysts’ predictions of $8.56 per share on revenue of $12.92 billion. The positive performance was fueled by strong results in trading and investment banking
In the midst of increased tensions in the Middle East and uncertainty surrounding Federal Reserve rate cuts, the U.S. dollar has managed to maintain its elevated position. The Dollar Index, which measures the dollar against a basket of other currencies, has seen a slight decline but remains near its highest levels since early November. Last
The recent events surrounding both U.S. interest rates and escalating conflict in the Middle East have had a significant impact on the currency markets. Last week, the dollar saw its biggest weekly gain since 2022, rising by 1.6% against a basket of major currencies. This surge was fueled by a surprising increase in U.S. inflation,
Goldman Sachs is set to release its first-quarter earnings, with Wall Street anticipating earnings of $8.56 per share and revenue of $12.92 billion. This information comes from LSEG, with additional insights revealing trading revenue expectations in fixed income and equities, as well as investment banking revenue projections. CEO David Solomon has faced challenges over the
Bitcoin (BTC), the leading cryptocurrency in terms of market capitalization, experienced a significant drop over the weekend, plunging to a low of $60,822 before partially recovering to around $64,438 at the time of writing. The exact reason behind the market crash is unclear, but there are suggestions that reduced liquidity may have contributed to the
Bitcoin recently faced a flash crash, plummeting to slightly above the $61,000 level. Peter Schiff, a well-known Bitcoin skeptic, pointed out that this price is equivalent to about 26 ounces of gold. In contrast, at its peak a couple of years ago, one Bitcoin was worth 37 ounces of gold. This 30% decline has led
Amidst turmoil in the cryptocurrency market, Samson Mow, a prominent proponent of the “$1 million for Bitcoin” theory, has offered an optimistic view of Bitcoin’s future. Despite a sharp decline in Bitcoin’s price due to geopolitical tensions, Mow remains steadfast in his confidence in the cryptocurrency’s potential for growth. Even after Bitcoin lost nearly 14%
Alibaba shares received a boost recently after founder Jack Ma expressed his satisfaction with the company’s turnaround. However, despite his positive remarks, Wall Street analysts have raised concerns regarding Alibaba’s spending and future growth potential. This dichotomy between internal confidence and external skepticism underscores the challenges the company is currently facing. One of the key