Markets

According to the CEO of the consumer goods mainstay, Procter & Gamble retains the right strategies to deliver balanced growth. On Friday, April 21, Procter & Gamble (NYSE: PG) reported its fiscal Q3 2023 earnings, which showed the company beat estimates. The multinational consumer goods corporation’s quarterly earnings and revenue came in better than expected, with higher prices counterbalancing lower demand for its products. Following this commendable performance, P&G raised...

Last week was significantly more eventful within and outside the cryptocurrency industry, with the CPI numbers showing declining inflation rates in the States, while Ethereum underwent its most notable upgrade since the Merge. Consequently, the entire market reacted positively, with BTC spiking to $31,000 to chart a 10-month peak, while ETH skyrocketed to above $2,100 and painted its highest price point in 11 months. This week began with less volatility, but the landscape...

Tether CTO Paolo Ardoino called the minting of the new stablecoins as part of replenishing its inventory. USDT-stablecoin issuer Tether is making yet another move to extend its dominance in the $132 billion stablecoin market. Last night, Tether announced the minting of another one-billion USD-pegged token on the Ethereum blockchain network. Tether CTO Paolo Ardoino called the minting of the new stablecoins as part of replenishing its inventory. He further added that it was “an authorized...

Prominent German automaker Volkswagen has announced plans to roll out its ID.7 EV across three continents within the next year.  Volkswagen appears set to stake its claim in China’s electric vehicle (EV) market by launching a higher-end car. The German motor vehicle manufacturer also plans to invest up to $1 billion to develop electric cars in China. This week, Volkswagen made the announcement at the Shanghai auto show, revealing its new “ID.7” EV sedan would launch in China this fall. The...

According to the Binance Launchpad schedule for the Open Campus (EDU) token sale, there will be a total of 4 stages involved in the event. Binance Launchpad has introduced its latest Web 3.0 project billed for listing and it is dubbed the Open Campus (EDU) token. As announced by the platform, the Open Campus token sale is the 31st project where the launchpad will be floating and it is set to follow the recording of user balances as of April 23 at 00:00 UTC. Being the launchpad of the...

Le règlement européen sur les marchés des « crypto-actifs » (Markets in Crypto-Assets ou MiCA) a été adopté en séance plénière par le Parlement européen jeudi 20 avril. Ce texte impose un cadre commun aux plateformes centralisées fournissant des services en relation avec des actifs numériques dans l’Union Européenne. Il remplacera les règlementations nationales mises en place par certains Etats...

Bitcoin’s price drops continued in the past 24 hours, with the asset falling below $28,000 for the first time since April 9. The altcoins are also deep in the red. The total market cap has lost almost $90 billion in the past two days. BTC Slides Under $28K Bitcoin was trading sideways during the weekend, and it wasn’t until Tuesday that it finally made a move, dropping by a grand to $29,100. However, the bulls quickly intercepted the move and pushed the asset north, which...

Coinbase ist eine der grössten Bitcoin-Börsen der Welt. Es lohnt sich, jetzt, hier und sofort einen Account bei Coinbase zu erstellen und nicht erst dann, wenn die Support-Abteilungen überlastet sind und der Bitcoin-Preis von Allzeithoch zu Allzeithoch maschiert. Warum einen Account ausgerechnet bei Coinbase? Hier sind neun Gründe, warum Sie noch heute einen Account bei Coinbase erstellen sollten: Einfacher Einstieg in den Kryptomarkt Coinbase ist eine der einfachsten Möglichkeiten, um in...

Bitcoin cash price started a fresh decline from the $135 zone against the US Dollar. The price is now trading below the $130 zone and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $131 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could start a decent increase if it stays above the $120 support zone. Bitcoin cash price is declining from the $135 zone against the US Dollar, similar...

The US-based cryptocurrency exchange – Coinbase – received approval from the Bermuda Monetary Authority to operate on the island. It also intends to establish an offshore derivatives marketplace in the region as soon as next week. CEO Brian Armstong recently said his entity could relocate to other countries if the American watchdogs do not impose an appropriate regulatory framework on the digital asset sector. Next Stop: Bermuda? Coinbase announced in a blog post that it had...