Archive for March 2021
Digital Asset Insights #09
Africa and America Dive into Blockchain
Traders, investors, and enthusiasts of the digital currency community experienced what seems to be a downer this week. The week’s highlight is the change in the price direction of Bitcoin, which was heading towards $50,000 but slipped back 5.7% over 24hours-ranging between $44,180.99 – $49,325.91 (according to CoinDesk 20), leaving traders with a bearish signal…
Read More FX Market View #4
Dollar consolidates on its upward trend as the Euro stumbles
The equity markets traded firmer as the weekend approached, however this was a continuation of gains and losses alternating between days. As for the US Dollar, it could not hold onto a stretch of positive returns against most major currencies aside from the Yen and Swiss Franc. Market trends are also absent in some commodities…
Read MoreDigital Assets, NFTs, DeFi and The Future of Global Economy
Join Peter Kristensen, Co-CEO of JPFS and discover what the future holds for decentralised finance, digital assets and the new world order. Blockchain is as diversified and complex as the opportunities it presents to the global economy. The frontier between the physical and the digital economy are blurred, and solutions to tokenize every aspect of…
The post Digital Assets, NFTs, DeFi and The Future of Global Economy appeared first on JP Fund Services.
Digital Assets, NFTs, DeFi and The Future of Global Economy
Join Peter Kristensen, Co-CEO of JPFS and discover what the future holds for decentralised finance, digital assets and the new world order. Blockchain is as diversified and complex as the opportunities it presents to the global economy. The frontier between the physical and the digital economy are blurred, and solutions to tokenize every aspect of…
Read More Digital Asset Insights #08
Bitcoin ATMs explode and De-Fi on the rise
The week was relatively uneventful in the digital currency world. However, things began to take a new turn as the Hong Kong-based Crypto.com became a Visa Australia principal. This allows the payment platform to extend its card offering services to the nation. This also gives them a direct relationship with the customers. The groundwork was…
Read More FX Market View #3
Dollar firms across the board as the market consolidates gains
This week the markets again looked to the anticipated outcome of another central bank meeting. Moving across the Atlantic it was now the turn of the FOMC to inform on their market positioning, and provide assurances of a healing economy. The US Dollar firmed ahead of the meeting, and equities were unable to hold onto…
Read More Digital Asset Insights #07
Coinbase Hits $100bn and Nigeria to incentivise payments
The week began with Tetragon Financial Group, one of the largest financial backers of the digital asset company Ripple Lab losing its effort to make a reclaim of the $175 million investment it made in the company. Indications from the results of proceedings at a court in Delaware show that despite the battle between the…
Read More FX Market View #2
Market reverses as the Dollar builds momentum again
The US Dollar rally from the previous week ran into some resistance in the past few days ahead of the ECB meeting. With exception to the Japanese Yen the greenback traded lower against the currency majors by the mid-week session. Other noticeable movements in the financial markets were the softer yields offered by both US…
Read More Digital Asset Insights #06
Google Finance Adds Digital Assets
As this week begins a new month, many changes continue to occur in the digital currency world. For one thing, the community continues to grow as more institutions and individuals keep adopting digital currencies, and its daily purchase continues to rise. The new week began with Google Finance’s initiative to add a dedicated digital currency…
Read More FX Market View #1
The Dollar maintains an upwards surge as Equities retreat
Global equity markets extended consecutive daily losses this week with the exception of a few minor bourses, as the Dollar surged upwards. US and European treasury yields push higher, and the Dollar maintains its upwards trajectory. Against the Euro the Dollar breached new highs of the year, and the Yen couldn’t hold off the advancing…
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