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Tag: National Bank

Weekly Market Wrap: Bitcoin rises above US$26,000, as ‘store of value’ narrative strengthens amid bank failures

Bitcoin, the world’s largest cryptocurrency by market capitalization, rose 36.06% in the week from March 10 to March 17, to trade at US$26,795 at...

Bitcoin, Ether rise; relief for investors as major banks get liquidity lifeline

Bitcoin and Ether rallied by the end of Asian trading hours on Friday afternoon, together with all other top 10 non-stablecoin cryptocurrencies by market...

EUR/USD – Euro heads higher as ECB delivers 50-bp hike

It has been a busy week for the euro, reflective of the gyrations we’re seeing in the financial markets. EUR/USD has bounced back...

USD/JPY Price Analysis: Risk-on Sentiment Weighing Down USD

Major US banks intervened on Thursday to save First Republic Bank. Traders flocked to the yen, which is regarded as a haven. Japan...

EUR/USD Outlook: ECB Delivers Big Hike Despite Market Turmoil

Governments and banks are taking measures to avoid a financial crisis. The European Central Bank raised interest rates as planned on Thursday. Markets...

Bitcoin, Ether, other crypto gain with equities amid global fund injections to support banks

Bitcoin rose in Friday morning trading in Asia to near the US$25,000 mark. Ether and the rest of the top 10 non-stablecoin cryptocurrencies also...

European Commissioner Says Impact of SVB Collapse ‘Limited’ as Credit Suisse Drags Down Banking Stocks

Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but authorities must still “stay alert” to events as...

Crypto market largely unaffected by ECB decision to hike rate by 50bps

The crypto market is largely unaffected by the European Central Bank’s latest 50 basis point rate hike, with the flagship cryptocurrency Bitcoin only seeing...

Bitcoin, Ether, Forkast 500 NFT index fall; euros rises amid Credit Suisse’s loan

Bitcoin and Ether declined by the end of Asian trading hours on Thursday afternoon, with all the top 10 non-stablecoin cryptocurrencies also falling, apart...

USD/JPY keeps the red around 133.00 mark amid bank crisis fears, softer USD

Share: USD/JPY remains under some selling pressure for the second straight day on Thursday. Concerns about a full-blown global banking crisis...

Bitcoin, Ether drop, other top cryptocurrencies retreat as bank liquidity concerns rise

Bitcoin and Ether dropped in Thursday morning trading in Asia along with the rest of the top 10 non-stablecoin cryptocurrencies. Solana led the losers....

South Africa’s real-time low value payments platform launches

South Africa in beginning the roll out of Payshap, a low value, interbank, real-time digital payments service aimed at increasing financial inclusion to...

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