Stocks

Ruble Strengthens Against Dollar And Gazprom Rallies

Ruble Strengthens Against Dollar And Gazprom Rallies

On Tuesday, Moscow trading saw the Russian ruble gain against the US dollar beyond 60, as it shrugged off a fall in oil prices below the $100 mark. Meanwhile, there was also a rise in the benchmark index in Russia to its highest level in two months, thanks to a rally in energy giant Gazprom. Ruble gains The Russian currency ended about 0.7% stronger against the euro at a value of 60.0, while it also strengthened against the US dollar by 0.8% to reach 59.94. Light trading saw the Russian ruble gain, even though analysts had predicted that the currency…
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Tron, Decentraland, ApeCoin Price Analysis – May 10, 2022

Tron, Decentraland, ApeCoin Price Analysis – May 10, 2022

The cryptocurrency market saw a massive sell-off within the past couple of days as Bitcoin as stock indices recorded heavy losses. TRON was among the few tokens that recorded upswings over the previous week, but it declined below critical support. Decentraland and ApeCoin might present shorting or selling opportunities in the coming hours. Tron (TRX) According to the 1hr chart, Tron maintained upside actions over the previous day but could not rise beyond the resistance level at $0.089. While writing this content, the past 72 hours also witnessed the A/D indicator starting to decline even with bulls attempting to catalyze…
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First Swiss Digital Asset Custody Creates Token Backed By Gold

First Swiss Digital Asset Custody Creates Token Backed By Gold

SEBA, a Swiss bank that touts itself as the future bank, has created a digital gold token backed by actual gold. The bank CEO, Guido Buehler, said that gold has always been an essential commodity in financial markets, citing the commodity’s impressive market cap, which lies in trillions of dollars. Buehler revealed that gold had proven to be a trusted shield against inflation as well as a significant investment to protect capital. The Concept And Potential Benefits Today, the firm launched the digital token, regulated and tied to real gold. The bank disclosed that users could exchange the digital token…
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