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What is Total Value Locked (TVL) in cryptocurrencies and why does it matter?

1.What does total locked value mean? Since the boom in decentralized finance (DeFi) in 2020, financial market experts have adapted to a new type of...

Analysts point to 3 key flaws that are causing DeFi to collapse

The crypto currency market has had a rough year, with the collapse of multiple projects and funds triggering a contagion effect that affects nearly...

Don’t Give Up: VanEck Resubmits Bitcoin Spot ETF Application to SEC

VanEck, one of the first companies in the world to apply for a Bitcoin exchange-traded fund (ETF), has not given up on plans to...

Commodities fall across the board, can the Fed breathe a sigh of relief?

Recently, commodity prices have generally fallen. From energy, metals, building materials to agricultural products, commodity prices have fallen one after another, rekindling the hope...

Fed may raise rates by 75 basis points to slow pace of tightening

Today on Monday (June 27), the US dollar opened at 104.12 and closed at 104.12 yesterday. So far, the highest has touched 104.14 and...

What do you think of this rebound in U.S. stocks? Goldman Sachs, JPMorgan Chase “fortune-telling” keywords: early July, 4100 points!

The U.S. PMI data on Thursday poured cold water on the Fed's interest rate hike, and the market's expectations for interest rate hikes have...

What is the difference between London Gold and New York Gold?

The difference between London Gold and New York Gold: Different varieties: London Gold is a spot contract trading model, with a little difference, an indefinite...

Wall St Week Ahead Cloudy valuations give investors pause in buying beaten-up U.S. stocks

Whipsawing bond yields, surging oil prices and a Federal Reserve bent on squashing the worst inflation in four decades are hampering investors' ability to...

U.S. economy has 40% chance of being in recession next year, Bank of America says

BofA Securities economists see roughly a 40% chance of a U.S. recession next year, with inflation remaining persistently high. They expect U.S. Gross Domestic Product...

IMF delegation visits crisis-hit Sri Lanka with time running out

An International Monetary Fund (IMF) team arrives in Sri Lanka on Monday for talks on a bailout programme, but time is short for a...

Credit Suisse is pushing interest rates towards 10 per cent

The interest rate on credit Suisse's latest bond issue hit 10% as the bank seeks to pay out billions of dollars in compensation to...

What is the international reserve currency?

International reserve currency refers to the international common currency funds held by national governments that can be directly used for international payments.It is the...

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