February 7 2023 🕓 4 min
Stablecoins are being adopted on a global scale
Stablecoins are gaining a lot of popularity due to their notable benefits compared to traditional payment systems.
Market Movers
February 7 2023
Binance donates $5 million to Turkey
Binance pledged to donate $100 in BNB tokens to every user affected by the 7.8 magnitude earthquake that happened in Turkey. This would be roughly $5 million in total, according to CZ, the CEO of Binance.
February 7 2023
Adani’s stock up after massive turmoil
After falling approximately 75% in just a few weeks, Adani Group’s stock surged 15.28% on Tuesday. The positivity around the company was influenced by the founders prepaying nearly $1.1 billion in loans.
February 7 2023
RBA lifts interest rates by 25 bps
The Reserve Bank of Australia increased interest rates by 25 bps from 3.1% to 3.35%. The interest rates were raised for the ninth time in a row, bringing borrowing costs to a level not seen more than a decade.
February 7 2023 🕓 3 min
GBP/USD falls below psychological 1.20 amid USD strength
Traders bought the USD broadly today, sending the GBP/USD pair lower.
February 7 2023 🕓 17 min
Norwegian Cruise: Stock dilution possible due to ruined balance sheet
Norwegian Cruise Line Holdings (NCLH) was a great company until COVID-19 changed the business model dramatically. Now it poses a threat to investors.
February 7 2023 🕓 3 min
EUR/USD touches 2-week lows ahead of Powell’s speech
Volatility could be highly elevated today as investors will react to Jay Powell's speech.
February 7 2023 🕓 3 min
Macro data slashed the crude oil down – can it go lower?
Last week was not very good for crude oil. Fed, OPEC, and fear of recession negatively affected the black gold, which went under $73.
February 6 2023 🕓 4 min
Bitcoin NFTs are now a thing – but not everyone likes it
Apparently, NFTs can now be mined on the Bitcoin network, but it raises many questions regarding security and transaction fees.
February 6 2023 🕓 3 min
Apple surges despite a miss in earnings
It would appear that the main market driver remains the Fed's pivot, rather than company's fundamentals.
February 6 2023 🕓 5 min
What is crypto art?
Crypto art is a new form of digital art with authenticity and rarity thanks to blockchain technology, which experienced a large boom in 2021.
Top posts
![Footsie continues higher, ignores BoE hikes]()
February 3 2023 🕓 3 minFootsie continues higher, ignores BoE hikes
It looks like bulls have the situation fully under control as the FTSE 100 is on its way to record highs.![What is crypto art?]()
February 6 2023 🕓 5 minWhat is crypto art?
Crypto art is a new form of digital art with authenticity and rarity thanks to blockchain technology, which experienced a large boom in 2021.![What is crypto staking?]()
February 4 2023 🕓 7 minWhat is crypto staking?
Crypto staking is a bit similar to investing in dividend stocks, where asset holders receive certain annual percentage return. Yet, they have some differences.![Should gold be in your investment portfolio?]()
February 4 2023 🕓 5 minShould gold be in your investment portfolio?
This article discusses the benefits and risks of investing in gold and whether you should have gold in your portfolio.![Apple surges despite a miss in earnings]()
February 6 2023 🕓 3 minApple surges despite a miss in earnings
It would appear that the main market driver remains the Fed's pivot, rather than company's fundamentals.![Bitcoin NFTs are now a thing – but not everyone likes it]()
February 6 2023 🕓 4 minBitcoin NFTs are now a thing – but not everyone likes it
Apparently, NFTs can now be mined on the Bitcoin network, but it raises many questions regarding security and transaction fees.![EUR/USD touches 2-week lows ahead of Powell’s speech]()
February 7 2023 🕓 3 minEUR/USD touches 2-week lows ahead of Powell’s speech
Volatility could be highly elevated today as investors will react to Jay Powell's speech.![Central banks hiked rates – what are they doing?]()
February 3 2023 🕓 1 minCentral banks hiked rates – what are they doing?
The main three events of this week were the central bank monetary policy decision, causing sharp movements in the markets.![Charlie Munger urges the US to ban crypto, yet again]()
February 3 2023 🕓 2 minCharlie Munger urges the US to ban crypto, yet again
Charlie Munger criticized cryptocurrencies in the latest article, pointing out how thousands of companies issued tokens without regulations.![Stablecoins are being adopted on a global scale]()
February 7 2023 🕓 4 minStablecoins are being adopted on a global scale
Stablecoins are gaining a lot of popularity due to their notable benefits compared to traditional payment systems.![US week close had a volatile spirit – intense trading on jobs data]()
February 3 2023 🕓 3 minUS week close had a volatile spirit – intense trading on jobs data
Latest jobs data from the United States helped the US dollar rally. Markets enjoyed a volatile close of the week.![Tech rallies with Q4 results, ECB and BoE boosted the dollar]()
February 2 2023 🕓 3 minTech rallies with Q4 results, ECB and BoE boosted the dollar
Q4 results send tech stock flying with mega cap companies bagging massive gains. Dollar rebounded after ECB and BoE hike by 50bps.![Top crypto memes that everyone should know (part II.)]()
February 5 2023 🕓 4 minTop crypto memes that everyone should know (part II.)
Memes have become a universal language in the crypto world. From FTX memes to trading memes, crypto enthusiasts post it all.![USD/JPY advances above solid resistance amid BoJ rumors]()
February 6 2023 🕓 3 minUSD/JPY advances above solid resistance amid BoJ rumors
It looks like the greenback might rally toward the 200-DMA amid renewed JPY weakness.![While some think Bitcoin is dead, Cathie Wood sees it at $500,000]()
February 3 2023 🕓 2 minWhile some think Bitcoin is dead, Cathie Wood sees it at $500,000
Cathie Wood was asked during a CNBC interview whether she stands by her $500,000 Bitcoin prediction. She confirmed it without any hesitation.
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Forex
February 7 2023 🕓 3 min
GBP/USD falls below psychological 1.20 amid USD strength
Traders bought the USD broadly today, sending the GBP/USD pair lower.
February 7 2023 🕓 3 min
EUR/USD touches 2-week lows ahead of Powell’s speech
Volatility could be highly elevated today as investors will react to Jay Powell's speech.
February 6 2023 🕓 3 min
USD/JPY advances above solid resistance amid BoJ rumors
It looks like the greenback might rally toward the 200-DMA amid renewed JPY weakness.
February 2 2023 🕓 3 min
GBP/USD shows volatility after BoE hikes rates
Another major central bank joined the "dovish hike" club, sending the Pound lower.
Stocks
February 7 2023 🕓 17 min
Norwegian Cruise: Stock dilution possible due to ruined balance sheet
Norwegian Cruise Line Holdings (NCLH) was a great company until COVID-19 changed the business model dramatically. Now it poses a threat to investors.
February 6 2023 🕓 3 min
Apple surges despite a miss in earnings
It would appear that the main market driver remains the Fed's pivot, rather than company's fundamentals.
February 5 2023 🕓 8 min
What is S&P 500 Index?
This article describes the S&P 500 Index, what it is and why is it important for investors and traders to understand it.
February 5 2023 🕓 6 min
How to start investing in the stock market?
In this article, you will find basics on what you should take into account when trying to invest in the stock market.
Commodities
February 7 2023 🕓 3 min
Macro data slashed the crude oil down – can it go lower?
Last week was not very good for crude oil. Fed, OPEC, and fear of recession negatively affected the black gold, which went under $73.
February 4 2023 🕓 5 min
Should gold be in your investment portfolio?
This article discusses the benefits and risks of investing in gold and whether you should have gold in your portfolio.
February 1 2023 🕓 3 min
Oil ticks higher amid unrest in Middle East
Oil advanced as investors expect the global demand to pick up, mostly due to China.
January 31 2023 🕓 3 min
Gold is steady before extreme macro week
This week brings central banks' decisions, interest rates, inflation, GDP, and unemployment data in Europe and USA.
Crypto
February 7 2023 🕓 4 min
Stablecoins are being adopted on a global scale
Stablecoins are gaining a lot of popularity due to their notable benefits compared to traditional payment systems.
February 6 2023 🕓 4 min
Bitcoin NFTs are now a thing – but not everyone likes it
Apparently, NFTs can now be mined on the Bitcoin network, but it raises many questions regarding security and transaction fees.
February 6 2023 🕓 5 min
What is crypto art?
Crypto art is a new form of digital art with authenticity and rarity thanks to blockchain technology, which experienced a large boom in 2021.
February 5 2023 🕓 4 min
Top crypto memes that everyone should know (part II.)
Memes have become a universal language in the crypto world. From FTX memes to trading memes, crypto enthusiasts post it all.
