Day: February 1, 2021

crypto, bitcoin

The Crypto Market Witnessed an Uptick in Volatility

During the past seven days, the crypto market witnessed an uptick in volatility as Bitcoin and Dogecoin price rallied higher simply because of social media activity. In similar situations, traders who make their investment decisions based on emotions are likely to suffer heavy losses. It is exactly what happened last week. Dogecoin’s recent pump and …

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telegram

Telegram lets users transfer chat history from other apps

Telegram, instant messaging app, has introduced a new feature which will enable users to transfer their chat history from apps like WhatsApp. Moreover, the new feature allows Telegram users to transfer documents and videos from individual and group chats. The Verge announced that users would not lose their chat history while shifting on to the new platform. …

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THE DOLLAR ON DEFENSIVE DUE TO U.S. POLITICS

The U.S. dollar lost strength as risk sentiment improved

On Monday, the U.S. dollar lost strength as risk sentiment improved. It was made better by optimism that retail investors who targeted hedge funds last week had directed their visions elsewhere. The American currency fell against most of its peers as Asian stocks rallied after four straight days of losses. Furthermore, the risk-sensitive Australian dollar …

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Norway’s Wealth Fund Ditches Firms over Tax Transparency

For the first time, Norway’s $1.3 trillion wealth fund has pulled investments from companies because of their tax policies. Adding more of such moves in the future is likely, the fund’s CEO said. The fund is one of the world’s largest investors, and it holds stakes in around 9,200 companies globally. It owns 1.5% of …

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