sanfel One of the more exciting sectors to track since 2020 has been the full-service dining and fast-casual restaurant chains. In-person dining collapsed in 2020, leading to widespread failure of many restaurants and significant financial stress for virtually all in the industry. These businesses had to lay off many employees and have yet to recover…
The global economic landscape is shifting rapidly, and UBS CEO Sergio Ermotti has issued a stark warning about the potential for increased market volatility in the coming months. Speaking recently, the UBS CEO expressed concerns over the uncertain economic conditions in the U.S., where mixed signals have left investors on edge. Despite fears of a…
By Ankur Banerjee SINGAPORE (Reuters) -The dollar was soft on Thursday, with the euro perched near an eight-month high after data showed U.S. inflation was slowing, underpinning wagers that the Federal Reserve could lower borrowing costs next month. The yen was steady at 147.315 per dollar after data showed Japan’s economy expanded by a faster-than-expected…
The U.S. government has made a substantial move with its seized digital assets. According to a recent report by CoinDesk, blockchain data from Arkham Intelligence reveals that 10,000 bitcoins related to the infamous Silk Road case have been transferred to Coinbase Prime, the institutional arm of the major cryptocurrency exchange. CoinDesk reports that the transfer,…
[PRESS RELEASE – Singapore, Singapore, August 14th, 2024] The decentralized derivatives trading platform, ELFi Protocol, officially launched today on the Arbitrum network. ELFi is a decentralized derivatives trading platform dedicated to creating a unique and forward-looking trading experience that rivals centralized exchanges (CEX). ELFi is the first to implement a Portfolio Margin and vAMM hybrid…
Lucky Block Price Prediction – August 15 LBLOCKUSD price will go up and move higher as it remains open for bullish growth. The coin price will move above the current resistance level if buyers triple their efforts to forecast a bullish increase in the market above the $0.0000745 resistance level, which could expose the market…
Confiction Labs, the developer behind the Web3 co-op multiplayer shooter Riftstorm, has introduced a new in-game verification system aimed at curbing what it views as increasing bot activity in the sector. The initiative, dubbed “Proof of Exposure,” integrates non-fungible tokens into the game’s lore as a method to distinguish genuine players from automated bot accounts….
Check out this new consolidation pattern on the 4-hour time frame of gold! Can the sideways price action keep going or are we about to see a breakout soon? Here are the nearby inflection points I’m watching closely: Gold (XAU/USD) 4-hour Chart by TradingView This precious metal has been forming higher lows since last month…
Electric scooter maker Ola Electric on Wednesday reported a 32% jump in revenue for the first quarter of fiscal year 2025 to ₹1,644 crore, while net loss widened to ₹347 crore, from a loss of ₹267 crore a year ago. The firm’s automotive division saw total income jump 34% to ₹1,722 crore, while loss after…
The labour market is weakening “but not weak” As price pressures ease, officials need to be conscious of their mandate of maintaining full employment The narrative now is that the Fed is slowly conforming to market expectations for a rate cut next month. I reckon Powell should reaffirm that at Jackson Hole next week. However,…