Banks urged to adopt URC documentary collection for clear contract-based trading.
The Bank of Bangladesh has instructed local banks to adhere to international standards governing import and export transactions outlined in sales agreements. Specifically, when utilizing documentary collection methods, banks are required to follow the Internationally Recognized Uniform Rules (URC) for Collections closely. In a circular issued today (July 13th), the central bank emphasized the importance […]
Silver Price Forecast: XAG/USD nears short-term trading range barrier, over $37.00
Silver continues to show strong movements for the second consecutive day. Movement beyond the $37.30-$37.35 range could signal further gains. Any corrective pullbacks might be viewed as buying opportunities and could provide some support. Silver (XAG/USD) is experiencing positive momentum for the second day, testing the upper limits of its multi-week range during the Asian […]
Pump.fun acquires Kolscan, aims for gamified trading
Pump.fun Acquires Kolscan to Boost Growth Pump.fun, a platform for creating memecoins, recently made its first acquisition by purchasing Kolscan, a wallet tracking service. This move is part of their strategy to enhance growth through gamification. On Thursday, Pump.fun announced that Kolscan, designed to monitor top on-chain traders and provide real-time trading insights, will be […]
Key stock updates: What could impact the market in the upcoming trading period
Market Trends and Updates Here’s a quick overview of the stock market as observed by CNBC, focusing on notable trends and upcoming reports. Recently, cryptocurrency has been on the upswing. Bitcoin has jumped about 13% over the past two months, landing at over $116,000, while ether has seen an impressive 20% rise, reaching around $3,000. […]
Is ChatGPT Capable of Forecasting Bitcoin’s Price? AI Tools in Cryptocurrency Trading
How ChatGPT Assists in Analyzing Bitcoin Trends ChatGPT is an AI model created by OpenAI, based on the GPT-4 architecture. Its purpose is to generate human-like responses across various topics, drawing from a large training set of text, books, code, and online content. Though ChatGPT lacks real-time access to Bitcoin (BTC) price data and live […]
Lower-Priced NFTs Are Boosting Sales, Yet Trading Volume Is Dropping
Simply put A recent report from Dappradar indicated that NFT trading volume dropped by 45% in the second quarter of 2025. This notable decrease in the average price of NFTs was coupled with a 78% increase in sales during the same period. The report suggests that ART NFTs are becoming more accessible to a wider […]
The June jobs report poses a risk to the stock market, according to JPMorgan’s trading desk.
JPMorgan’s trading desk has noted that if Thursday’s employment report mirrors a weak private payroll number from ADP, the US stock market might face significant selling. In a memo released Wednesday, the JPM US Market Intelligence team suggested that the market could rise if the employment figures are close to expectations, although there’s a notable […]
Trading Day: Prepare for the jobs report
Market Update New York – Today’s trading landscape is notable, especially as US investors look ahead to long holiday weekends. While many enjoy the summer break, there’s a pressing need to analyze the latest economic data and potential shifts in fiscal and trade policy. Significant Market Movements Wall Street has climbed back to unprecedented heights, […]
Tesla stock drops in morning trading as Musk and Trump conflict resumes
Tesla’s stock dropped on Tuesday as Elon Musk finds himself in a conflict with President Trump regarding a proposed GOP spending package. Republicans are suggesting various reversals in the bill, notably targeting electric vehicle (EV) credits, which could significantly impact Tesla’s profits. Shares of the company declined nearly 6% during early trading, as reported by […]
Large German bank plans to start crypto trading by 2026 due to bank’s fears of missing out
Sparkassen-Finanzgruppe Embraces Crypto Trading Germany’s Sparkassen-Finanzgruppe is set to introduce crypto trading services, allowing over 50 million customers access by the summer of 2026. This marks a significant shift for the institution. Dekabank, already engaged in the crypto sphere, will oversee the new services via Bloomberg’s Sparkasse app. Notably, Dekabank is a subsidiary of Sparkassen, […]