July 2024 – Page 6

Elastos’ BeL2 Secures Starknet Grant to Advance Native Bitcoin Lending and DeFi Solutions

Posted by invnet
|Date: Monday, 29 July 2024
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Elastos’ BeL2 Secures Starknet Grant to Advance Native Bitcoin Lending and DeFi Solutions

Starknet, developed by StarkWare, is renowned for its advances in ZKP technology, which enhance the priva ...

Starknet, developed by StarkWare, is renowned for its advances in ZKP technology, which enhance the privacy and security of blockchain transactions. ZKPs allow one party to prove to another that a sta ...

Monday, 29 July 2024
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Fed Set to Release Crucial Comments for Markets, How It Impacts Crypto

Posted by invnet
|Date: Monday, 29 July 2024
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Fed Set to Release Crucial Comments for Markets, How It Impacts Crypto

This week, investors await the release of key economic data and the Federal Reserve’s July meeting slated ...

This week, investors await the release of key economic data and the Federal Reserve’s July meeting slated for the week. The Fed's meeting will begin on Tuesday and end on Wednesday, with an announceme ...

Monday, 29 July 2024
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Trump comments on Bitcoin becoming Strategic National Reserve asset is bullish for Coinbase: Oppenheimer

Posted by invnet
|Date: Monday, 29 July 2024
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Trump comments on Bitcoin becoming Strategic National Reserve asset is bullish for Coinbase: Oppenheimer

The event saw a noticeable rise in Bitcoin's price, fueled by the anticipation that Trump might advocate ...

The event saw a noticeable rise in Bitcoin's price, fueled by the anticipation that Trump might advocate for Bitcoin to become a strategic reserve asset. Oppenheimer analysts said in a note Monday tha ...

Monday, 29 July 2024
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Eurozone heading into recession, sell EUR/USD – BCA

Posted by invnet
|Date: Monday, 29 July 2024
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Eurozone heading into recession, sell EUR/USD – BCA

At 08:50 ET (12:50 GMT), EUR/USD traded at 1.0818, down 0.4% on the day, but up around 1% over the last m ...

At 08:50 ET (12:50 GMT), EUR/USD traded at 1.0818, down 0.4% on the day, but up around 1% over the last month.Despite these gains for the EUR/USD pair, BCA Research suggests investors should adopt a d ...

Monday, 29 July 2024
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Yen holds steady ahead of BOJ and Fed policy decisions

Posted by invnet
|Date: Monday, 29 July 2024
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Yen holds steady ahead of BOJ and Fed policy decisions

TOKYO/LONDON (Reuters) - The yen held steady on Monday, with sentiment still fragile following the Japane ...

TOKYO/LONDON (Reuters) - The yen held steady on Monday, with sentiment still fragile following the Japanese currency's best weekly rally since late April on the back of shifting interest rate expectat ...

Monday, 29 July 2024
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Ethiopia's birr drops 30% as central bank floats currency

Posted by invnet
|Date: Monday, 29 July 2024
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Ethiopia's birr drops 30% as central bank floats currency

ADDIS ABABA (Reuters) -Ethiopia's central bank floated the country's birr currency on Monday, a move it h ...

ADDIS ABABA (Reuters) -Ethiopia's central bank floated the country's birr currency on Monday, a move it hopes will secure International Monetary Fund (IMF) support and make progress on a long-delayed ...

Monday, 29 July 2024
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US DOJ asks court to reject TikTok challenge to crackdown law

Posted by invnet
|Date: Monday, 29 July 2024
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US DOJ asks court to reject TikTok challenge to crackdown law

(Reuters) -The U.S. Department of Justice asked a federal appeals court late on Friday to uphold an April ...

(Reuters) -The U.S. Department of Justice asked a federal appeals court late on Friday to uphold an April law requiring China-based ByteDance to sell TikTok's U.S. assets by Jan. 19 or face a ban.The ...

Monday, 29 July 2024
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Dollar backed ahead of Fed meeting; sterling retreats

Posted by invnet
|Date: Monday, 29 July 2024
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Dollar backed ahead of Fed meeting; sterling retreats

At 04:50 ET (08:50 GMT), the Dollar Index, which tracks the greenback against a basket of six other curre ...

At 04:50 ET (08:50 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% higher at 104.247.The safe-haven dollar has found some support Monday in the ...

Monday, 29 July 2024
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Central bank meetings, Apple, corporate earnings – what's moving markets

Posted by invnet
|Date: Monday, 29 July 2024
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Central bank meetings, Apple, corporate earnings – what's moving markets

The spotlight this week will be on central banks, with the Federal Reserve, the Bank of England and the B ...

The spotlight this week will be on central banks, with the Federal Reserve, the Bank of England and the Bank of Japan all set to hold policy meetings.The Fed concludes its July policy meeting on Wedne ...

Monday, 29 July 2024
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Goldman Sachs: Fed to indicate September rate cut 'more likely'

Posted by invnet
|Date: Monday, 29 July 2024
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Goldman Sachs: Fed to indicate September rate cut 'more likely'

The primary factor moving the FOMC closer to a cut is the favorable inflation data from May and June. Aft ...

The primary factor moving the FOMC closer to a cut is the favorable inflation data from May and June. After firmer inflation figures in Q1—attributed largely to residual seasonality and typical month- ...

Monday, 29 July 2024
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