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Dollar Dips: Investors anticipate pivotal Fed update soon


The US Dollar has dipped and was last seen at 103.8500 against peer currencies. A red mark against the US Dollar Index does overshadow the year-to-date percentage change, which stands at 0.348%. Nevertheless, the US Dollar was earlier seen slipping, yet investors are optimistic that the Federal...

Elon Musk Tweet Cools $DOGE Rally as Investors Buy This New Memecoin


If there’s one thing everyone has learned in the world of cryptocurrencies, it’s that tweets from Elon Musk can send shockwaves through the market. The latest example? A Dogecoin ($DOGE) surge, initially gaining momentum, hit a sudden chill during the morning hours of December 6th. This...

Taiwan’s FSC Sets Up Financial Technology Bureau to Oversee Crypto: Report


Source: Pixabay Taiwan’s Financial Supervisory Commission (FSC) has set up a Financial Technology Bureau to oversee cryptocurrencies to protect investors and increase regulation, according to a Taiwanese news report by United Daily News (UDN). FSC chairman Huang Tian has confirmed the Executive...

Venture Capital Crypto Fund C1 Eyes Australia for Bargains: Report


Source: Adobe / Sutthiphong Venture Capital crypto fund C1 Fund has been meeting a number of Australian businesses offering to buy private holdings from investors, reports the Australian Financial Review. C1 is a $500 million fund managed by investors based in Silicon Valley and the United Arab...

M&G Invests $20M in UK Bitcoin Derivatives Platform GFO-X


Source: Pexels UK asset management firm M&G Plc announced it has invested $20 million in the bitcoin derivatives exchange, Global Futures & Options Holdings (GFO-X) looking to support “regulated trading of digital assets” and meet demand from institutional investors. GFO has a partnership...

SEC Warns Crypto Investments Can Be ‘Exceptionally Risky’


The U.S. Securities and Exchange Commission (SEC) has renewed its warning that investments in crypto assets can be “exceptionally risky.” The regulator stressed that crypto-related investments “continue to be replete with fraud, including bogus coin offerings, Ponzi and pyramid...

Frustrated Polygon (MATIC) holders move towards Retik Finance (RETIK)


In the ever-shifting landscape of cryptocurrencies, holders of Polygon’s native token, MATIC, find themselves at a crossroads as the asset faces a challenging phase. The recent decline in MATIC’s price has led to growing frustration among its investors. Consequently, many are exploring...

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