Cryptocurrencies
GBP/USD is Down But Not Out
War in Ukraine led GBP/USD to sell off for a third consecutive day on Monday. The pair has dropped by c. 3.26% since the conflict in the Ukraine began on 24 September to recently trade Read more…
Cryptocurrencies
Coinbase Caves on Russian Sanctions Pressure
The crypto exchange resisted pressure from the authorities to block accounts of Russian individuals and entities. The pressure was rising but it may dissipate entirely now — after an initial period of resisting, Coinbase (COIN) has Read more…
Cryptocurrencies
Volkswagen Pulls Out an Unexpected Weapon Against Tesla
The two automakers will operate factories within 140 miles of each other This country isn’t big enough for the both of us. Volkswagen (VLKAF) and Tesla (TSLA) – Get Tesla Inc Report will be squaring off Read more…
Cryptocurrencies
What Exactly Does OPEC Do That Affects Oil Prices?
The Organization of the Petroleum Exporting Countries usually stays silent on oil fluctuations, but its market influence is deeply rooted. The Organization of the Petroleum Exporting Countries is unable to control the supply of oil Read more…
Cryptocurrencies
Which Major Companies Are Choosing To Stay In Russia?
While Apple and Ikea left, Uniqlo, Starbucks and PepsiCo are remaining. While companies as diverse as Apple (AAPL) – Get Apple Inc. Report, Volkswagen (VWAGY) – Get Volkswagen AG Report and Exxon (XOM) – Get Exxon Read more…
Cryptocurrencies
OPEC Unable to Control Oil Prices, Supply Concerns from Russia-Ukraine Conflict
OPEC said it has no control over Russia’s activities or oil prices globally. OPEC is unable to control the supply of oil globally amid the ongoing and escalating aggression of Ukraine by Russia, said OPEC’s Read more…
Cryptocurrencies
General Motors Makes Aggressive Bid to Build A Million EVs
This is the new and upcoming hub to make raw materials and batteries related to electric vehicles and its neither in China or the U.S. It’s seemingly the only race that matters right now. The Read more…
Cryptocurrencies
Here’s Why You Might Get Arrested For Renting From Hertz
Some 230 people are suing the car rental company for false arrest. Renting a car isn’t a crime, and neither is returning it a little bit late. But nonetheless a truly shocking amount of people Read more…
Cryptocurrencies
Buy the Dip: Sofi, Coinbase, Costco
A 1970s mentality seems to be spreading over the markets. Can time really be a flat circle? Yes, and in this market, time has circled back about 50 years, where the similarities to then and Read more…