Gold, Bitcoin, or Oil? Goldman Sachs Named The Best-Performing Asset By Investing.com

© Reuters. Investing.com – The company, which ended the year down 64% in 2022 due to bankruptcies and other negative developments in the cryptocurrency market, has caught the attention of Goldman Sachs for its performance this month. And at the beginning of 2023, Goldman Sachs described Bitcoin as the best-performing asset in the world, by … Read more

Sources: Qatar Energy is in talks to join Total Energies projects in Iraq, by Reuters

© Reuters. The logo of Qatar Energy in a photo from the Reuters archive. By Hadeel Al Sayegh, Maha El Dahan and Ron Bousso DUBAI/LONDON (Reuters) – Qatar is in talks to take a stake in a group of energy projects belonging to France’s Total Energy worth $27 billion in Iraq, three sources told Reuters, … Read more

The Japanese yen fell after Prime Minister Fumio Kishida’s comments

The Japanese yen fell against major currencies during early Monday morning trade, as investors followed comments from Japanese Prime Minister Fumio Kishida, who said he will take into consideration the economic situation in April when selecting the next governor for the Bank of Japan (BOJ). However, the appointment needs to be approved by both houses … Read more

US Treasury Secretary Janet Yellen issued warnings of the occurrence of

The US dollar varied against major currencies, with the opening of the weekly trading, while the main stock indices on Wall Street recorded mixed trading in the pre-market trading period today. The pressure on the dollar continued since last week, after data revealed a decline in inflation in the United States of America, especially after … Read more

The Central Bank of Ethiopia imposes new restrictions on the movement of foreign exchange and local currency trading

The Central Bank of Ethiopia imposed new restrictions on trading foreign currencies in the Ethiopian local markets, as of Monday, and they are applied to citizens and foreign residents and visitors to the country. The bank stated that the addressees of these new operations will be prohibited from carrying more than 3,000 Ethiopian birr upon … Read more

Cryptocurrency lending company Genesis files for bankruptcy

Last updated January 22, 2023 Cryptocurrency lending company Genesis on Friday officially declared bankruptcy, in the latest blow to the market following the bankruptcies of FTX and BlockFi late last year. The bankruptcy announcement comes after the Securities and Exchange Commission accused Genesis of illegally selling cryptocurrencies. On November 16, the company froze redemptions and … Read more

Positive movement in the exchange market to absorb the effects of the global crisis

The return of foreign investment, the increase in dollar resources, and the launch of derivatives contracts The Central Bank of Egypt announced that banks operating in the Egyptian market are promoting financial derivatives operations, “hedging contracts” in the exchange market, as part of a package of measures taken by the Central Bank to achieve balance … Read more

Binance: Cryptocurrencies have had a challenging year in 2022

Binance, which operates the world’s largest cryptocurrency exchange, said it managed to navigate “headwinds” in the cryptocurrency market over the past year, which has been challenging for the cryptocurrency market as a whole. The cryptocurrency market was not very fortunate in 2022, as it lost about two trillion dollars last year, and popular cryptocurrencies such … Read more

Urgent: Shocking statements from the Federal Reserve drive the market movement

Wall Street Negativity dominated the main indices of the US market at the opening, especially after the statements of the Fed’s member Bullard, which did not come to the liking of the markets, which expect the Fed to retreat from the aggressive monetary tightening policy. The dollar and the euro The US dollar index is … Read more

Why did the trading volume of this cryptocurrency suddenly increase by 300%? by Crypto Horizon

Why has the trading volume of this cryptocurrency suddenly increased by 300%? On Monday, the price of Cronos (CRO) – the native digital currency of the Crypto.com trading platform, continued to rise while the price of other digital assets remained unchanged. The price of the digital currency reached its highest level since November 11 when … Read more