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Breaking News

Oil gains despite release of reserves

Brent Crude Oil and WTI were both trading steady on Wednesday after a release of oil reserves did not cause a dip in price as expected. Instead, Oil actually gained on Tuesday with a sharp bounce. At the time of writing (12:00 pm) Brent Crude was trading at levels around $81 and WTI was trading at around $78. Read more.

Breaking News

Turkish Lira sinks to new lows

The Turkish Lira has been sliding down this week and on Thursday morning it hit a new all-time low. USD/TRY was trading at 10.533 at the time of writing. The Central Bank will hold a meeting and they are expected to cut rates to 15%.. Read more.

Breaking News

Twitter sets up crypto team

Twitter CEO Jack Dorsey has expressed his interest in cryptocurrencies and he has been a vocal supporter. In fact, if you take a look at his Twitter profile bio, you will see the hashtag #Bitcoin. Read more.

Breaking News

Ethereum hits new all-time high and crypto market cap passes

It’s been a significant start to the week for the crypto markets. Ethereum has hit a new all-time high above $4700 and the total crypto market cap has passed $3 trillion USD for the first time after various alt-coins rallied. Meanwhile, Bitcoin was trading above $66,000 which is near its all-time high of around $67,000. Ethereum is up around 59% since the start of October and Bitcoin is up around 51%. One of the reasons for the recent Bitcoin rally was the launch of the first Bitcoin ETF in the US. This provided crypto exposure to traditional investors who may be looking for an inflation

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