Frankfurt, Germany, August 08 – The European Central Bank (ECB) raised interest rates by 25 basis points on Thursday, July 27, its first increase in over a decade, in an effort to tackle inflation that is running at a record high. The ECB also said that it expects to raise interest rates again in September […]
New York, Tuesday, September 24, 2024-The US Securities and Exchange Commission (SEC) has approved Nasdaq’s International Securities Exchange (ISE) to list and trade options on BlackRock’s iShares Bitcoin Trust (IBIT).This significant move follows months of review and signals growing acceptance of Bitcoin derivatives in the financial sector. BlackRock initially submitted the proposal in March 2024, […]
Catenaa, Sunday, March 09, 2025 – South Africa decentralized finance (DeFi) market is poised for significant growth, with projections estimating the market will hit $180.7 million by 2028. The Financial Sector Conduct Authority (FSCA) released a study in February 2025 that forecasts a sharp increase in DeFi transaction volumes, starting from $2.8 million in 2025. […]
Catenaa, Tuesday, April 22, 2025-Bitcoin’s price continued to reel Monday after confirmation that US President Donald Trump is exploring whether he can fire Federal Reserve Chair Jerome Powell, raising fears of financial instability and what analysts are calling an “apocalyptic scenario” for global markets. Trump’s trade war, marked by sweeping tariffs, has already rattled Wall […]
WASHINGTON, Monday, April 08, 2024- A potential meltdown in the U.S. bond market is emerging as a growing concern for some analysts, citing factors like rising interest rates and high inflation. While the risk is not imminent, analysts warn that a confluence of events could trigger a sharp sell-off in U.S. government bonds, sending interest […]