DeFi lending platform Liquidity Protocol has secured $6 million in Series A funding to expand its on-chain borrowing services, underscoring the continued growth of cryptocurrency loans. The funding round was led by Pantera Capital, a crypto-focused venture capital firm, with additional contributions from Nima Capital, Alameda Research, Greenfield.one and IOSG, the company announced Monday. Angel
Can the buyers stay above 100 hour MA/old year high from earlier this month. The USDCHF broke above the March 9 high at 0.93748 (and the highest level going back to July 2020), on Thursday last week, and stayed above that level on Friday. The high reached to 0.94172, before selling back off into the
Cases falling rapidly This chart shows the percentage change in virus cases in Israel indexed to the week of Dec 19, when vaccinations began. What’s important to note here is that all age categories fell rapidly, including those where vaccine penetration was lower or (in the case of 0-19 year olds) nearly non-existent. More than
Gold prices fell on Monday as a stronger U.S. dollar and hopes for a swift global economic recovery boosted share markets, denting demand for a safe haven. Spot gold was down 0.4% at $1,725.26 per ounce by 0829 GMT. U.S. gold futures slipped 0.6% to $1,722. “Gold is suffering a little bit on back of
Sterling trades generally higher today, with much help from buying in crosses against Euro and Swiss Franc. Australian and New Zealand Dollar are also firmer even though overall market sentiments are mixed. Canadian Dollar, on the other hand, remains a softer one, followed by Euro and then Swiss Franc. Dollar and Yen are mixed for
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, listens during a Senate Banking Committee confirmation hearing in Washington, D.C., on Thursday, Feb. 13, 2020. Andrew Harrer | Bloomberg | Getty Images The Federal Reserve is not keeping monetary policy easy so the government can continue running up debts and deficits,
EUR/USD has continued to struggle to get close to the 1.1800 level, with gains petering out around the 1.1790 area. Continued concerns about lockdown and the Coivd-19 pandemic in the Eurozone mean that it is unsurprising to EUR struggle. EUR/USD has continued to struggle to get close to the 1.1800 level, with gains petering out
200 hour MA and 50% retracement The EURJPY raced higher today with the run higher in the JPY pairs. The run to the upside was supported by technicals on the hourly chart that saw the pair extend above a number of swing lows and highs between 128.74 and 128.938. The price also cracked above its 100 hour
The typically lower count on Monday is in effect today Don’t let the figures deceive you as the situation is still rather tense in Germany, with the 7-day incidence rate climbing further to 134.4 from ~130 yesterday. Adding to that is total active cases holding around ~211,500 – the highest since 2 February. German chancellor
TOKYO: Oil was slightly lower on Monday, relatively placid after four sessions of wild swings in price, as efforts continued to dig out the giant container ship clogging the Suez Canal and little new emerged in the demand picture. Brent oil was down 18 cents, or 0.3%, at $64.39 a barrel by 0141 GMT. U.S.
The markets open a holiday-shortened week in a quiet note. Canadian Dollar is trading mildly lower, following retreat in oil prices. The giant container that blocks the Suez Canal, Ever Given, is finally starting to refloat, partly thanks to higher-than-usual spring tides. Elsewhere in the forex markets, Dollar and Yen are currently the firmer ones,
EUR/USD is on the defensive as the DXY holds ground amid risk-aversion. Macro-economic divergence continues to weigh on the common currency. The spot to remain at the mercy of the USD dynamics amid a quiet start. The recovery attempts in EUR/USD remain capped below 1.1800, as the traders remain on the defensive starting out a holiday-shortened US
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The craze behind non-fungible tokens, or NFTs, has seemingly reached peak parody after NBC’s famed Saturday Night Live sketch comedy featured it in a skit with United States Treasury Secretary “Janet Yellen.” In last night’s show hosted by former cast member Maya Rudolph, Yellen — portrayed by comedian Kate McKinnon — is speaking at a
100 hour MA at $53962 The price of Bitcoin is trading up $1900 at $53900. The high price reached $54096. The low reached $51235.25. The digital currency is up testing its 100 hour MA at $53962. The high price just reached just above that MA, but has backed off modestly. There may be a
Preliminary estimate was 83.0 Consumer sentiment 84.9 versus 83.6 estimate. Preliminary estimate was 83.0. Last month 76.8. Highest level since March 2020 Current conditions 93.0 versus 91.5 preliminary. Index is up from February’s 86.2. level is the highest level since March 2020 Expectations 79.7 versus 77.5 preliminary. Index is up from February’s 70.7. Level is the