How the Yen carry trade led to a global market rout?

2024-8-10 19:09

As markets tumbled on August 5, many asked: what is carry trade? Discover how this financial strategy quietly fueled the chaos, leading to staggering losses globally. August 5, 2023, will go down as one of the most volatile days in… origin »

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trade august carry globally 2023 staggering chaos

trade august → Результатов: 126


As Bitcoin ($BTC) Grapples with 22% Trade Plunge, Ripple ($XRP) and Borroe.Finance ($ROE) Stand Out as Investor Favorites

In the ever-evolving landscape of cryptocurrencies, where price swings are the norm rather than the exception, it’s not uncommon to witness market turbulence. Recent data has unveiled a concerning trend as Bitcoin ($BTC) grapples with a 22% trade plunge, returning perilously close to its August lows.

2023-9-13 17:00


Top 10 DeFi Tokens to Watch in August 2022

Decentralized finance systems have allowed users to borrow, save, lend, or trade cryptocurrency without the need for the usual paperwork and red tape present in traditional financial markets. In addition to other niche crypto assets like Web3 coins, Metaverse crypto coins, and NFT projects, the current degree of popularity has many people seeing DeFi tokens […] The post Top 10 DeFi Tokens to Watch in August 2022 appeared first on NullTX.

2022-8-10 20:32


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Australian payments firm sues Ripple over PayID branding

New Payments Platform Australia (NPPA), a group comprising all the significant banks in Australia is suing Ripple. A Report unveiled this news on August 26, noting that the consortium sued Ripple after it went against Australia’s Trade Marks Act (1995) and the Australian Consumer Law by using the organization’s brand and trademark dubbed PayID without authorization.

2020-8-27 17:10


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Nigerians Using Bitcoin for International Trade Despite Regulatory Uncertainties 

Bitcoin (BTC), the world’s flagship cryptocurrency is rapidly gaining traction around the world as a tool for international trade and commerce. Several forward-thinking businessmen in Nigeria are now using the blockchain-based digital currency to scale the hurdles of foreign exchange in the region, according to a report on August 13, 2020.

2020-8-14 23:07


BIS and HKMA Launch ‘TechChallenge’ Seeking Trade Finance Innovations; DLT & IoT Included

The BIS Innovation Hub (BISIH) has partnered with the Hong Kong Monetary Authority to hold a trade finance digitization competition to spur innovative solutions for the sector, especially in Asia. BIS announced on August 3 that global innovators are invited to submit their applications by the end of the month, after which successful participants will […]

2020-8-6 21:40


Decentralized Trading Platform, dYdX, Launches Ethereum-Settled Perpetual Contracts

dYdX, a decentralized exchange (DEX), announced the launch of Ethereum perpetual swaps on its platform with trading going live August 4, 2020. The ETH-USD Inverse Perpetual Contract Market will allow the users to margin trade up to 10x leverage on their EH collateral and bet on the future price of ETH. Speaking on the launch […]

2020-8-4 21:31


Marco Polo’s, R3 Corda, Welcomes MasterCard To Its Consortium To Boost Global Trade Via Blockchain

Marco Polo, the parent company to R3 Corda, is welcoming its third partner in as many weeks, as MasterCard joins its vast network. In August, the largest bank in Africa, South Africa’s Standard Bank, and Logwin AG, a logistics company joined the R3 Corda blockchain platform too. MasterCard Joins Marco Polo In an official press […]

2019-9-5 17:21


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‘We’re Going to Find You’ – How Undercover Agents Trade Prison Time for Bitcoins

An Australian national living in Boulder, Colorado was slammed with a one year and a day prison sentence last month for trading bitcoins. An August 23 statement from the Colorado U.S. District Attorney’s Office states that Emilio Testa, 32, was charged with money laundering, and claims Testa knew the funds he was acquiring had been […] The post ‘We’re Going to Find You’ – How Undercover Agents Trade Prison Time for Bitcoins appeared first on Bitcoin News.

2019-9-2 18:00


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BoE Governor Mark Carney Proposes Global Cryptocurrency

Governor of the Bank of England Mark Carney put forward the idea of replacing the U. S. dollar with a central bank-issued cryptocurrency like Facebook’s Libra. Carney Proposes The Synthetic Hegemonic Currency On August 23, 2019, while addressing the Federal Reserve Symposium in Jackson Hole, Wyoming, Carney described how Brexit uncertainties, persistent world trade tensions, and overall weaker business activity are deteriorating the global economy.

2019-8-25 21:34