Penny Collins

Penny Collins is a young commercial banking specialist, graduated from the Pepperdine University, Malibu. She’s primary focus is on on investment and corporate banking, resulting in her Master Degree In Finance from Hong Kong University. Her experience encompasses working for Community Bank and CitiGroup Bank as an intern and professional financial advisor.

Binance Announces Security Audit for Customer Protection

Binance Announces Security Audit for Customer Protection

Binance, the world’s top blockchain ecosystem, revealed a new layer of user protection with the undertaking of ‘Project Shield.’ BEP-20 and ERC-20 based projects listed on the Binance centralized exchange are audited in Project Shield. BNB covers fees for audits. This is the first time that the crypto exchange has used this kind of protection. …

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U.S. dollar declined Tuesday while Euro and Sterling rallied

U.S. dollar declined Tuesday while Euro and Sterling rallied

The U.S. dollar traded a bit lower from a one-week high on Tuesday against a basket of six major currencies. Investors expect the Federal Reserve meeting to be hawkish. Uncertainty about the Omicron Covid-19 variant had prompted market players to move on the safe-haven greenback, but optimistic news somewhat decreased demand. Data on U.S. factory …

U.S. dollar declined Tuesday while Euro and Sterling rallied Read More »

10 gram 22-carat, gold

Gold prices drop on Tuesday, what are investors awaiting?

Gold prices fell in early trading on Tuesday, but as investors waited for the decisions of major central bank meetings, there was little volatility. As of 10:15 pm Eastern Time, gold futures fell slightly by 0.09% to US$1,786.65. The U.S. dollar, usually the opposite of gold, rose slightly on Tuesday. This week, about 20 central …

Gold prices drop on Tuesday, what are investors awaiting? Read More »

bitcoin fraud

Bitcoin gives a way to further upside

 Bitcoin’s decline to $42,000 obliterated its open interest and liquidated a large swath of leveraged traders, but analysts state OI resets commonly provide excellent buying opportunities. The weekend is upon us, and anxiety remains the dominant short-term sentiment in the cryptocurrency market. Earlier on Dec. 11, Bitcoin’s (BTC) price fell to $47,250. Investors are biting …

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dollar

U.S. dollar rallied Monday while Turkish Lira hit record low

The U.S. dollar surged forward on Monday while traders were waiting for the results of a slew of central bank meetings this week. They are especially interested in the U.S. Federal Reserve’s decision, speculating how quickly the agency will unwind its bond-buying program. Investors are also looking for clues on when the Fed will start …

U.S. dollar rallied Monday while Turkish Lira hit record low Read More »

The rise of Bitcoin Bulls

Anonymous BTC whale bought $150 worth of currency

The Independent reported that an anonymous bitcoin holder purchased more than $150 million during the digital currency’s recent decline. The third-largest bitcoin holder now has nearly $6 billion of the cryptocurrency. Bitcoin’s price smashed by almost 30% over the weekend but has rebounded since the drop. The Independent reported Wednesday that a prominent bitcoin holder …

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euro and dollar

U.S. dollar was firm while Sterling and Yuan fell on Friday 

The U.S. dollar remained firm on Friday. Investors contemplated whether U.S. inflation figures could settle the course of interest rate rises in 2022. In Asia, the Chinese yuan rebounded after tumbling down due to the change of official policy. The euro plunged by 0.4% on Thursday, but it steadied in Asia at $1.1297 afterward. The …

U.S. dollar was firm while Sterling and Yuan fell on Friday  Read More »

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