© Reuters Anticipation of the Fed’s decisions casts a shadow over risk appetite today Arabictrader.com – Wednesday’s trading witnessed a clear decline in risk appetite among investors, with the market’s focus fully directed towards the interest rate decision of the US Federal Reserve today, and then the press conference of Bank Governor Jerome Powell, in … Read more
MONEY The man who was about to catch up with Elon Musk and overthrow from the second place among the world’s richest people suffered violent losses that pushed him out of the list of the top five after dramatic losses. The Adani Group, founded by Gautam Adani, the richest person in Asia, lost $50 billion … Read more
Investing.com – Robinhood platform data revealed today that the company’s accounts on the social networking site Twitter were breached, which hackers took advantage of to promote a cryptocurrency. According to the reports, Robin Hood’s Twitter account was hacked by hackers before the company was able to regain control of the account shortly after. Things not … Read more
© Alpha Footage Investing.com – One of the smaller metaphysical coins rallied during Monday’s trading to sweep across the market in terms of both strength and percentage gain. Since the beginning of the year, the famous Metaverse currency, Access Infinity, has come as one of the best performing currencies, after recording a strong rise of … Read more
A statistic announced by the electronic hacking platform Slowmist Hacked revealed the value of crypto thefts through electronic hacks in 2022. According to the study conducted by the platform’s Atlas VPN research team, during the year 2022, electronic breaches occurred that led to the theft of digital currencies from prominent exchanges and trading platforms with … Read more
The Jordan Strategy Forum issued a report within the Knowledge is Power series of reports, entitled “Money in the Age of Digital Transformation”; With the aim of shedding light on central bank digital currencies and how they differ from cryptocurrencies. In the introduction to the paper, the forum reviewed the three main functions of money, … Read more
Banking expert Tarek Metwally, former vice president of Blom Bank Egypt, said that the package of measures taken by the Central Bank of Egypt during the current period, which began with raising the interest rate by 3%, followed by the release of all goods in ports, the return of work with collection documents, and the … Read more
The exchange rate of the Omani riyal has stabilized against the US dollar, with the Sultanate of Oman keen to link the price of the Omani riyal to the American currency, globally. The price of the dollar has varied against major currencies during the current month, amid anticipation of the US inflation report, which is … Read more
Cryptocurrencies recorded a decline during the early trading on Sunday morning, despite a slight recovery that was recorded during last Friday’s trading. As cryptocurrencies benefited from the decline in the US dollar after the non-farm payrolls data in the United States, the services PMI also fell. In general, the lack of confidence in the crypto … Read more
Cryptocurrency The Council of Ministers issued a decision regarding the regulation of virtual assets and service providers in the UAE, which will enter into force as of January 11. The decision aims to develop the legislative system for the virtual assets sector in the country and its related activities and service providers, to ensure the … Read more