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Tag Archives: stock market

Hong Kong IPO Market to Rebound This Year after Turbulent 2022

Despite the raging impact of inflation in different economies, monetary authorities have not been sitting on their oars, rather, they have been fighting the surge through consistent interest rate hikes. The Hong Kong Initial Public Offering (IPO) market has failed to get lifted from its dampened sentiment after the listing of Chinese liquor company ZJLD Group failed relatively. As reported by CNBC, the shares of ZJLD Group tumbled as hard as 18% on its first day of trading back on April...

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COIN: Bitcoin recovery drives Coinbase from record lows

The Bitcoin recovery story has boosted shares in cryptocurrency exchange Coinbase from record lows last year. Coinbase (COIN) shares have rallied an impressive 120% from the low seen on 28th December as U.S. markets have surged in the new year on hopes that inflation is finally easing. The Bitcoin recovery story has boosted shares in cryptocurrency exchange Coinbase from record lows last year. Coinbase (COIN) shares have rallied an impressive 120%...

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2nd anniversary – and second to none!

The SEBAX Index has develop into a benchmark crypto index for investors looking for the security processes of a Swiss Bank, excellent performance record and the liquidity of an exchange-traded ETP. The success story of the SEBAX Index, a revolutionary index consisting of five to eight Crypto Currencies, started in 2019. Back then, all leading crypto indices were simply designed around market capitalization. The SEBAX Index instead, was structured to include alternative coins based on SEBA...

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WISE-Börsengang London: Soviel kostet heute eine WISE-Aktie

Transferwise wird zu Wise Das Fintech Wise erreichte bei seinem Börsengang in London eine spektakuläre Bewertung in Höhe von 7,95 Mrd. GBP (etwa 10 Mrd. CHF). Damit gilt der Konzern als volumenstärkster Börsengang eines Technologie-Unternehmens, den die englische Hauptstadt jemals vermelden konnte. Besonders ist auch die Form des Börsengangs: Wise führte die erste Londoner Direktplatzierung durch. Bei diesem Verfahren, das in den USA schon...

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Trump Health News Challenges BTC’s Safe Haven Status

It looks like the idea that bitcoin is a “safe haven” of sorts has been challenged this weekend. News of Donald Trump and his hospitalization due to the coronavirus infection has brought an end to the electric surge stocks were experiencing, and as a result, bitcoin is also showing signs of weakness, suggesting that the correlation between the S&P 500 and bitcoin is still there and as strong as ever.News Regarding Trump Brings Down Stocks… and BTCFor the longest time, many industry...

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Bitcoin Incurs a $300 Spike; Is the Worst Over?

Bitcoin has risen by roughly $300 today in a surprise twist. While this is nothing to get excited about just yet, it does mean that bitcoin is once again in the five-figure range. As of this morning, it’s been trading for just over $10,200.Bitcoin Has Risen Slightly Over the Past 24 HoursThis potentially puts all the worries that analysts had about bitcoin falling below the $10K line to rest granted the world’s largest cryptocurrency by market cap can potentially remain above this level. If...

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Alessio Rastani: We Shouldn’t Buy Stocks or BTC Right Now

Market analyst Alessio Rastani is bullish about both the U.S. stock market and bitcoin.Alessio Rastani: You Probably Shouldn’t Buy for a BitWhen it comes to stocks, however, he’s a little more unsure and believes that the currency is entering a “risky zone.” He doesn’t believe that the monster-sized crash that arrived in March was a correction, as so many other analysts have claimed. In his eyes, the crash came on too quickly and was too large to amount to a simple correction of sorts. He...

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Global Stocks Turn Negative as U.S. Coronavirus Cases Top 400,000, Doubling in One Week

Spain, Italy, France, and Germany all recorded over 100,000 COVID-19 cases. As hopes for the sooner recovery from the virus started fading, global stocks and market indices suffered on Wednesday. The number of coronavirus cases in the U.S. has hit a new record. On Wednesday, it surpassed 400,000, doubling in just one week. The number of deaths in the country reached 12,864. The U.S. is reporting most COVID-19 cases worldwide, followed by Spain, Italy, France, and Germany. The coronavirus...

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