HTFX becomes gold sponsor for Tziortzis

HTFX becomes gold sponsor for Tziortzis

HTFX has become the gold sponsor of Cypriot EuroNASCAR driver Vladimiros Tziortzis, who is competing in the Nascar Whelen Euro Series Championship with Italian Academy Motorsports driving a Ford Mustang V8.

BoE in focus, gold and oil struggle

BoE in focus, gold and oil struggle

European markets and US futures are trading higher as investors await two important events that will shape trading activity for the rest of the month. The Dow Jones chart shows bulls taking control, while Airbnb’s weak guidance indicates a potential slowdown in economic activity. The Bank of England is under pressure to lower interest rates, and US unemployment claims data could impact the market. Gold prices are influenced by the dollar index and Fed’s monetary policy, while the OPEC cartel’s meeting on June 1 will be crucial for oil prices.

‘Wealth tax could send billionaires from India to Dubai, impractical’: economist

‘Wealth tax could send billionaires from India to Dubai, impractical’: economist

Gautam Sen cautioned against the implementation of a wealth tax in India, warning that it could lead to wealthy individuals relocating their businesses to tax-friendly destinations like Dubai.

Focus on earnings and data, gold continues retracement,  

Focus on earnings and data, gold continues retracement,  

– Investors and traders are focusing on earnings and economic data, with the Dow Jones industrial average posting its fourth consecutive winning session.
– European markets are trading higher, with retail sales data in Europe showing better consumer confidence than expected.
– Traders are awaiting news from the Bank of England on Thursday regarding monetary policy, with expectations of no interest rate change but potential for a more hawkish stance.
– In the US, focus is on earnings, with Disney in the spotlight. Concerns are raised about their streaming business in a competitive landscape.
– Gold prices are dropping as the dollar index gains strength, with uncertainty about Fed’s interest rate decisions.
– Weekly jobless claims on Thursday will impact gold prices and Fed’s monetary policy decisions.

Cyprus based fintech exceeds $1 trillion in trading volume , — island praised for friendly business environment

Cyprus based fintech exceeds $1 trillion in trading volume , — island praised for friendly business environment

Capital.com, a global trading platform and fintech group headquartered in Cyprus, announced that total client trading volumes exceeded .2 trillion in 2023, marking the first time volumes breached the trillion mark since the company’s establishment in 2016. The company was ranked as the number one fastest-growing technology company among 50 nominees in the 2023 Deloitte Tech Fast 50 rankings. Group CFO Ariel Segev praised Cyprus as a dynamic and thriving tech hub, stating that the country’s business-friendly ecosystem, deep talent pool, and facilitative legislation make it an ideal jurisdiction for tech scale-ups.

WTI ends losing streak after Saudi oil price hike

WTI ends losing streak after Saudi oil price hike

The West Texas Intermediate (WTI) crude oil price rose to around .20 a barrel in the Asian session on Monday after Saudi Arabia raised June crude prices for most regions.

Injective 3.0 goes live, NuggetRush gains momentum while Solana faces potential drop

Injective 3.0 goes live, NuggetRush gains momentum while Solana faces potential drop

Injective Protocol has launched its latest version, Injective 3.0, on the mainnet with the aim of reducing INJ’s total supply over time.

Institutions view Bitcoin as , ‘non-debt money’, investor sets bullish goals for Ethereum & Celestia rival

Institutions view Bitcoin as , ‘non-debt money’, investor sets bullish goals for Ethereum & Celestia rival

– Borroe Finance ($ROE) is a new DeFi project that has gained market traction, particularly among Web3 Technologies users.
– Borroe Finance allows individuals to generate finances by selling their future profits for instant cash.
– Celestia is a blockchain network that focuses on creating and utilizing blockchains in a flexible and efficient manner.
– Despite Celestia’s advantages, it cannot compete with Borroe Finance, which is an AI-based fundraising marketplace built on Polygon.
– Institutional investors view Bitcoin as a way to hedge against economic downturns and as ‘non-debt money.’
– Armando Pantoja, a cryptocurrency investor, has bullish price projections for Ethereum and other altcoins in the coming months.