South America surpasses Europe in cryptocurrency users, with 55 million people using bitcoin and other crypto assets. Argentina’s cryptocurrency ownership rate stands at 18.9%, making it a leading country in global crypto adoption. South America has surpassed Europe in the number of cryptocurrency users, according to the latest report from the analysis firm Triple A….
IEX has announced the appointment of John Palmer to focus on leveraging the strengths of IEX’s core system and technology to develop new markets and expand its product innovations to create more value for IEX customers. With the role of “New Market Expansion”, according to his Linkedin profile, John Palmer will leverage his expertise across…
Good morning and welcome to this week’s Flight Path. We saw continued weakness this week in U.S. equities although there was a big rebound on Friday’s bar. Treasury bond prices entered a period of uncertainty as we see GoNoGo Trend paint successive amber “Go Fish” bars. The U.S. commodities index flipped back to a weak “NoGo”…
On the hourly chart, the GBP/USD pair returned to the resistance zone of 1.2788–1.2801 yesterday. Another reversal in favor of the dollar may occur around this zone, initiating a downtrend toward the support zone of 1.2690–1.2705. The decline is still very weak as the market awaits new data on the labor market and unemployment, which…
Popular trading platform, Robinhood, has reached an agreement to acquire cryptocurrency exchange, Bitstamp. This purchase aims to bolster Robinhood’s presence in the crypto space across the world while simultaneously attracting institutional clients by offering new products. The all-cash deal is valued at $200 million and is anticipated to be finalized in the first half of…
The trading volume across centralized cryptocurrency exchanges has notably declined, dropping to $5.27 trillion in May 2024. This decrease, roughly 20.1% from the previous month, marks a continued downtrend following the muted price activity of Bitcoin after its April Halving. Crypto Exchange Landscape And Institutional Interest According to CCData reports, this deceleration affects both spot…
Dubai, UAE, June 6th, 2024, Chainwire Mythos Research, a research and advisory firm, has released an in-depth report analyzing Aethir, a pioneering decentralized platform for GPU-as-a-Service (GPUaaS). Published in collaboration with CMC Research, this comprehensive study provides invaluable insights into Aethir’s innovative solutions, technology, strategic partnerships, and market positioning within the rapidly evolving Decentralized Physical…
Ethereum price is slowly moving higher above the $3,800 resistance zone. ETH could gain bullish momentum if it clears the $3,880 and $3,920 resistance levels. Ethereum is holding gains above the $3,800 level. The price is trading above $3,840 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support…
Trulieve Announces Opening of 200th Dispensary Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the U.S., today announced the opening of a new medical cannabis dispensary in Brooksville, Florida, marking the Company’s 200th dispensary in the United States. A grand opening celebration will be held…
Robinhood Markets, Inc. is set to acquire Bitstamp Ltd., a move that promises to enhance Robinhood’s crypto offerings and expand its global footprint. The acquisition, expected to close in the first half of 2025, aims to bring Bitstamp’s robust and reputable crypto exchange services to Robinhood’s platform, catering to both retail and institutional customers across…
