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The EUR/CHF exchange rate is on track to do something it has not done since 2015 as the SNB and ECB diverge. The pair is up for seven straight weeks and is hovering at its highest level since July 2023. ECB and SNB divergence The EUR to CHF exchange rate continued its bullish comeback this […]

• March 21, 2024 01:03 AM PDT
• Invezz

While cryptocurrencies are a burgeoning sector, with billions invested in thousands of coins, data is hard to come by for the crypto industry itself and the people who run it. For that reason, Dragonfly Capital, an investment firm dedicated solely to cryptocurrencies, have written the Dragonfly Crypto Compensation Report. Purpose of the report The report […]

• March 20, 2024 11:12 PM PDT
• Invezz

JasmyCoin ($JASMY) price is pumping, erasing some of the losses it made earlier this week. The token jumped to a high of $0.020 on Wednesday, 35% above its lowest level this week. It remains much lower than the YTD high of $0.027. Why JasmyCoin is soaring JasmyCoin price has staged a strong rebound as investors […]

• March 20, 2024 11:05 PM PDT
• Invezz

While the crypto market recovers following Wednesday’s FOMC conference, Ethereum (ETH) enthusiasts contemplate new updates that “a state authority” has subpoenaed the Ether Foundation for the first time. Regulator summoning the Ethereum Foundation GitHub commits on the Foundation’s repository indicate that a state authority sent a voluntary confidentiality (or gag order) inquiry. Individuals familiar with […]

• March 20, 2024 09:25 PM PDT
• Invezz

While Bitcoin’s (BTC) recent slump dragged the entire market down, Shiba Inu’s Shibarium took a massive hit. The Ethereum-based layer2 network witnesses faded user activity as daily transactions plummet below 9K. Notably, the significant dip in daily transactions on Shibarium comes amid increased competition. For instance, the recent memecoin craze saw Solana (SOL) outpacing Ethereum […]

• March 20, 2024 08:11 PM PDT
• Invezz

Warner Bros. Discovery (NASDAQ: WBD) stock price has been in a freefall this year as concerns about the company’s future remain. The stock has crashed by more than 23% this year, lagging the Nasdaq 100 and S&P 500 indices, which have surged to their record highs.  It has also underperformed other media companies. Netflix has […]

• March 20, 2024 07:02 PM PDT
• Invezz

CleanSpark (NASDAQ: CLSK) stock price surged hard on Wednesday as Bitcoin bounced back as investors focused on the upcoming Bitcoin halving. The CLSK shares surged by more than 20% to $20.25 and is nearing the year-to-date high of $23.80. It has jumped by 1,100% from the lowest level in 2023. CleanSpark and halving CleanSpark is […]

• March 20, 2024 05:02 PM PDT
• Invezz

Micron Technology Inc (NASDAQ: MU) says tight supply and AI driven demand helped it post a surprise profit for its fiscal second quarter. Shares of the chipmaker are up 15% in extended hours. Micron stock up on strong guidance The stock is being rewarded also because $MU issued upbeat guidance for the future. It now […]

• March 20, 2024 02:34 PM PDT
• Invezz

Following a two-day meeting, the US Federal Reserve on Wednesday announced that interest rates would remain unchanged at 5.25% to 5.5%, a level maintained since July. Despite this decision, the Fed signaled its anticipation of cutting rates three times within the year. US interest rate During its latest meeting, the Federal Reserve kept the target […]

• March 20, 2024 02:11 PM PDT
• Invezz

The USD to TRY (USD/TRY) exchange rate will be in the spotlight on Thursday as the Central Bank of the Republic of Turkey (CBRT) delivers its interest rate decision. The pair sits at a record high of 32.40, meaning that it has almost doubled from its lowest point in 2023. CBRT interest rate decision ahead […]

• March 20, 2024 01:27 PM PDT
• Invezz