Market & Analysis
Tokenized Gold Market Cap Passes $1B as Investors Seek Safe-haven Asset
The rise in gold prices has been attributed to mounting speculation about the United States Federal Reserve’s future policy following...
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Samsung Quarterly Profit Set for 92% Crash Not Seen in 14 Years as Memory Chip Surplus Continues
Analysts say that expected figures from Samsung will likely reveal a heavy crash in operating profit as the company struggles...
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SEB and Crédit Agricole CIB Launch Blockchain-based Digital Bonds Platform
The two banks also assure of plans to allow the platform to accommodate central bank digital currencies in the future....
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OPEC+ Production Cuts to Impact Central Banks Fight against Inflation
Reducing oil production means there will be a relative shortage in the supply of the product. The recent actions by...
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Virgin Orbit Files for Chapter 11 Bankruptcy in US
When Virgin Orbit went public, its valuation was pegged at around $4 billion, however, the tides have shifted over the...
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Tesla Q1 2023 Deliveries Set New Quarterly Record but Falls Short of Analysts’ Expectations
The 422,875 deliveries Tesla made for Q1 2023 surpassed the company’s previous record of 405,278 in Q4 2022. Tesla (NASDAQ:...
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WWE to Merge with UFC Parent Company Endeavor Group to Leverage ‘Heavily in Demand’ Combat Entertainment
A new deal sees the WWE and UFC merge under the same umbrella for all-round combat sports offerings subject to...
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American Bank Runs Pull Bitcoin Liquidity to 10-Month Low
As the growing liquidity strain in the price of Bitcoin is a major concern, American banks are likely to start...
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Nikola Plans to Raise $100M in Secondary Common Stock Offering
Like many other automakers, Nikola has been struggling to stay afloat in the sinking water of macroeconomic constraints. America’s leading manufacturer...
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US President Biden Seeks Stricter Banking Regulations Following SVB-Triggered Financial Fiasco
President Biden has proposed a set of reforms he believes would strengthen banking regulations and avert future crises. US President Joe...
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