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Ripple announces $200M share buyback and expresses optimism for 2022 By Cointelegraph

Blockchain payments firm has announced a $200-million Series C share buyback, a decision that will take the San Francisco-based tech firm to a record-high valuation of $15 billion. Back in December 2019, Ripple raised $200 million in a Series C funding round with Tetragon Financial Group, a United Kingdom-based investment firm, acting as the lead…

Cryptocurrency

EU drug regulator OKs Pfizer COVID pill for high-risk patients By Reuters

© Reuters. FILE PHOTO: Paxlovid, a Pfizer’s coronavirus disease (COVID-19) pill, is seen manufactured in Ascoli, Italy, in this undated handout photo obtained by Reuters on November 16, 2021. Pfizer/Handout via REUTERS (Reuters) -The European Union’s drug regulator on Thursday gave the green light to Pfizer Inc (NYSE:)’s antiviral COVID-19 pill for treating adults at…

Uncategorized

Dollar Soars, Stocks Sink After Powell Hints Fed Will Move Faster With Rate Hikes

Powell makes a further hawkish pivot, signals end of era of highly accommodative policy Yields and dollar jump, but stocks are battered, upbeat earnings offer some support Kiwi biggest FX loser even as strong CPI fuels RBNZ rate hike bets Fed gets tough on inflation Fed Chair Jerome Powell left investors in no doubt that…

Fundamental Analysis

Fed signals intent to join the great central bank stimulus exit By Reuters

© Reuters. FILE PHOTO: Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016. REUTERS/Jason Lee/Illustration/File Photo LONDON (Reuters) – The U.S. Federal Reserve has kicked off 2022 with a clear message: rates will rise to contain surging inflation. Other central banks…

Economy

Crypto giant Binance hopes Russia will help regional growth By Reuters

© Reuters. By Elena Fabrichnaya MOSCOW (Reuters) – Binance, the world’s largest cryptocurrency exchange, wants to expand in Russia and neighbouring states where it sees prospects for new regulations that will boost its business, an executive said. Russian politicians have pressed for a change of tack by the central bank, which has proposed restricting cryptocurrency…

Forex
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