Bitcoin Hits 18-Month High as Market 'Greed' Takes Hold, Igniting Short Squeeze Frenzy
The Crypto Fear and Greed Index (CFGI) currently reveals a mood of “greed” within the cryptocurrency market, scoring a 69 out of 100. As of November 9, 2023,…
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The Crypto Fear and Greed Index (CFGI) currently reveals a mood of “greed” within the cryptocurrency market, scoring a 69 out of 100. As of November 9, 2023,…
In late January, Apple will release a HomePod 16.3 software update that adds humidity and temperature sensing to the second-generation HomePod and...
DOW futures are higher this morning in an advance that would exceed the 30-stock average's closing record (SPY +0.4%). Bitcoin surges toward record levels above $43,000 after Tesla's disclosure. Here is the current market situation from CNN Money European markets are broadly higher today with shares in London leading the region. The FTSE 100 is up 1.12% while France's CAC 40 is up 0.90% and Germany's DAX is up 0.52%. What Is Moving the Markets Here are the headlines moving the markets. How U.S. Sanctions Against Venezuela Backfired Harsh U.S. sanctions, a crumbling economy, and near colla...
South Korean company SK Innovation is bringing to Hungary a new 2.3 billion US dollar battery plant in what will be the country’s biggest ever greenfield investment, Péter Szijjártó, the minister of foreign affairs and trade, said on Friday. The development in Iváncsa, Fejér County, in central Hungary, will create 2,500 jobs, the minister of foreign affairs and trade, said, adding that SK Innovation is South Korea’s largest energy and chemicals company and one of the world’s leading battery manufacturers. The company’s first two overseas plants are located in Komárom, in norther...
Central Bank Keeps Base Rate on Hold at 0.60% Hungarian central bank (MNB) rate-setters on Tuesday kept the base rate on hold at 0.60 percent and also decided to maintain the interest rate corridor. In a statement released after the meeting, the central bank’s Monetary Council said it would stick to its current policy stance but reallocate liquidity from its collateralised lending facility to its quantitative easing programme, stepping up purchase volume and standing ready to expand purchases to securities under ten years. “In order to use its instruments affecting longer maturities more ...