Investing in Currencies

NEW YORK - In the wake of the approval of multiple spot-based exchange-traded funds (ETFs), blockchain specialist Samson Mow from Jan3 has made a bold prediction that Bitcoin's value could surge to $1 million. Mow's optimism is fueled by several market dynamics, including the growing participation of institutional investors and the anticipated increase in trading volumes due to these new ETFs.Despite a recent dip in Bitcoin's price to $42,800 and a market capitalization of $841 billion, as reported by Coingecko, the launch of the spot Bitcoin ETFs has been received...

Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk and is not suitable for all investors. Trading or investing in cryptocurrencies carries with its potential risks. Prices of cryptocurrencies are extremely volatile and may be affected...

Thiruvananthapuram, Jan 13 (IANS) NABARD has projected a Credit Potential of Rs 2.37 lakh crore under priority sector to be financed by all banks in Kerala for the 2024-25 financial year. This was discussed at the State Credit Seminar conducted by NABARD under the chairmanship of Kerala Chief Secretary, Dr V. Venu.At the meeting attended by various bankers and numerous departmental heads, it was found out that the agriculture sector constituted 52 per cent of the total projection for priority sector.To boost the agriculture sector, NABARD suggested to improve the...

PITTSBURGH - F.N.B. Corporation (NYSE: NYSE:), a diversified financial services company, has announced the redemption of all outstanding shares of its Series E Preferred Stock. The company's Board of Directors declared that the $110 million aggregate liquidation preference of the Depositary Shares, each representing a 1/40th interest in a share of the Series E Preferred Stock, will be redeemed on February 15, 2024.Shareholders of record as of the close of business on January 31, 2024, will receive the final quarterly cash dividend of $18.13 per share of Series E Preferred...

Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk and is not suitable for all investors. Trading or investing in cryptocurrencies carries with its potential risks. Prices of cryptocurrencies are extremely volatile and may be affected...

Chennai, Jan 12 (IANS) After a dismal start, foreign portfolio investments (FPI) flow into India picked up pace, cumulatively totaling $28.7 billion in 2023, said a report by Bank of Baroda (NS:).The report also said the trend will continue and be positive for the which will likely to appreciate.The report said that FPI into India closed at 28.7 billion last calendar year.“While equity segment continued to outperform, encouraging trend was also visible in the debt segment, particularly in the last few months of the year,” the report said.It said that...

Investing.com - The U.S. dollar steadied in early European trade Friday, as investors digested mixed U.S. consumer inflation data and the potential impact on future Federal Reserve rate cuts. At 04:25 ET (09:25 GMT), the , which tracks the greenback against a basket of six other currencies, traded flat at 102.022, down from Thursday's high of 102.76 but well ahead of the five-month low of 100.61 hit in December.  Dollar slips after CPI release U.S. edged 0.3% higher in December, data released Thursday showed, up an 3.4%, ahead of expectations...

In the ever-evolving world of cryptocurrencies, investors are often on the lookout for opportunities that promise substantial returns on investment (ROI). While the crypto market is known for its volatility, it also presents the potential for remarkable gains. Here are three tokens that have the potential to provide a 2000% ROI in 2024, with Retik Finance (RETIK) leading the pack.1.Retik Finance (RETIK): The DeFi RevolutionAt the forefront of the crypto revolution stands Retik Finance (RETIK), a project that has been gaining significant attention in recent times. Retik Finance’s innovative approach...