The black market industry is increasingly using cryptocurrencies for its operations to achieve its financial objectives quicker and more smoothly. According to a report published by the United Nations Office on Drugs and Crime, cryptocurrencies are now increasingly being used for illicit activities in poorly regulated areas in East and Southeast Asian countries. The report […]
Bank of America Says Currency Market May Become More Volatile This Year
Bank of America analysts suggest that volatility may become a constant feature in the market this year, driven by the high likelihood of Federal Reserve (Fed) interest rate cuts in the coming months. In case volatility is present in the market, analysts warn that it can be an excellent market opportunity, since the price tends […]
Fake SEC Tweet Triggers Bitcoin Price Swing
Thanks to a fake tweet from the U.S. Securities and Exchange Commission (SEC) account related to Bitcoin ETFs managed to trigger an unexpected reaction in market prices From the official account of the SEC on X, a tweet was disseminated reporting the acceptance of Bitcoin exchange-traded funds, which evidently had a direct effect on the […]
The World Bank Warns of the Lowest Growth Period in Three Decades
The global economy is facing the possibility of experiencing the lowest growth period in the last 30 years, extending over five years, according to the World Bank in its macroeconomic projections report, which assures that the decade in which we are in could be called “the wasted opportunities.” Although the World Bank affirms that the […]