The cryptocurrency market is currently in a state of flux, with prices oscillating between bullish and bearish sentiment. #Bitcoin, the leading cryptocurrency, has been on a tear in recent months, gaining over 80% year-to-date.
The Federal Reserve is expected to raise its benchmark lending rate today to the highest level in 22 years — just one month after hitting pause on a historic spate of rate hikes meant to crush decades-high inflation. Consensus is that they will be raised by 25bps. #FOMC
UK data protection regulator looking into Sam Altman’s #Worldcoin $WLD.Worldcoin's launch raises questions about user data protection. Organizations must perform a Data Protection Impact Assessment if they are involved in processing high-risk biometric data, according to the ICO.
Tuesday's major survey of bank lending in the eurozone revealed a record drop in credit demand from the region's businesses. The results raise concerns about the ECB's ability to raise interest rates much further than the 25 basis points estimated for this Thursday's meeting.
European Market Wrap 🧵 #stocks#FTSE#DAX40
After a rocky start, the STOXX Europe 600 index recovered, and contracts on the Nasdaq 100 index rose as much as 0.4% after a sluggish session on Monday due to a reweighting of members.
Anxiety is increased by the fact that this week, $27 trillion worth of global corporations, including Microsoft and Alphabet later on Tuesday, will report results.
This week #DEX markets have seen another massive tremor, led by tech maestro Musk, the launch of the $X meme token, deftly timed with Musk's surprising https://t.co/eIvsOesDXf rebrand, has pushed the token's value to an astonishing +4,300% overnight. #DeFi#crypto#memecoins