Author: Steven Sahiounie

In this article, we take a look at the 25 best countries to invest in. You can skip our detailed analysis of the global investment dynamics and go directly to the 10 Best Countries to Invest In. There are trade-offs to investing in different countries. Investing in countries that are lower on the ladder of development is risky but the returns are much more lucrative than developed countries because of relative uncertainty but a lot of room for development. The opposite is true for developed economies. The reason is that the GDP growth is lower in developed countries because the bigger…

Hundreds of such tokens have been issued in the past few weeks. Of this, 132 different tokens have been issued on BNB Chain, the most among blockchains. Nefarious market participants are attempting to cash in on the ongoing ChatGPT craze in technology circles by issuing fake tokens branded after the artificial intelligence chatbot despite having no official association with the tool. Hundreds of such tokens have been issued in the past few weeks. Of this, 132 different tokens have been issued on BNB Chain, 25 tokens on Ethereum and 10 separate tokens on other blockchains such as Solana, Arbitrum, OKChain…

ADA, the ticker for cryptocurrency Cardano, the token that powers the smart-contract-enabled Cardano blockchain, is seeing a modest pull-back on Thursday in the wake of a ferocious two-day rally. Since Monday’s lows under $0.35, Cardano has seen a stunning nearly 18% rally, with ADA/USD last changing hands just above $0.4050. That a little over 3.0% below earlier session highs in the $0.42s, with ADA weighed modestly as short-term bullish speculators take profit. ADA’s latest run higher, which saw it hit its highest levels since early November, comes in tandem with a face-ripping rally seen across the cryptocurrency space – Bitcoin surged nearly 10%…

Bitcoin is struggle to establish a foothold above $25,000, a level that capped the August 2022 price bounce. Bitcoin’s (BTC) upswing has come to a screeching halt at a price level that proved to be a tough nut to crack last year. The leading cryptocurrency picked up a strong bid at the start of the year and has gained nearly 50% since then, outperforming major traditional risk assets. However, the bullish momentum has stalled since Feb. 16, with the cryptocurrency failing multiple times to secure a foothold above the $25,000 mark. The said level offered stiff resistance in August last…

As per the data shared by Santiments, Cardano (ADA) has been the top target of the crypto whales over the past few weeks. Crypto News: The global digital asset market registered some major turbulence over the month of February. Bitcoin (BTC), the world’s largest crypto went on to breach the $25k price level leading the market toward recovery. However, the On-Chain data depicts that the crypto whales have been targeting several tokens over the past few weeks. Crypto Whales Goes For Cardano As per the data shared by Santiments, Cardano (ADA) has been the top target of the crypto whales over the past few weeks. The…

Hong Kong is planning to fully open its doors to crypto asset trading and investment. However, reading the fine print of its crypto regulations proposals reveals a lot of restrictions and hidden catches. Crypto markets have been buoyed by news that Hong Kong may be paving the way for Chinese institutions to invest in crypto. Industry executives have hailed the move as bullish, with some claiming that Asia will drive the next bull market. However, a consultation paper released by the Hong Kong Securities and Futures Commission (SFC) on Feb. 20 paints a different picture. Under a new licensing regime to take effect on June 1,…

Estonia has reportedly urged similar measures to be taken against the sanctioned country’s LNG exports The EU should lower the $60-a-barrel price cap on Russian oil by half and impose similar measures against the country’s liquefied natural gas (LNG) exports, Bloomberg quotes Estonian Foreign Minister Urmas Reinsalu as saying on Monday. According to the media outlet, Reinsalu insisted that the current $60-a-barrel limit is “far too high” and should be lowered to $30-a-barrel as “Russia gets billions from that business.” The price cap on Russian seaborne oil exports of $60 per barrel was introduced by the EU on December 5. It bans Western…

The Russian president says Moscow will cooperate with its partners to develop a safe system for international settlements The US and other Western currencies will inevitably lose their leading position in global cross-border transactions, Russian President Vladimir Putin said on Tuesday. Delivering his annual address to the Federal Assembly, the head of state said that Moscow would cooperate with its allies to build a secure system of international settlements that are not dependent on the dollar or the euro. According to Putin, the current policies of Western states are causing the US dollar and the euro to lose their universality…

The German government will do most of the work this year to prepare its power market for greater reliance on renewable supplies by the end of the decade, Economy Minister Robert Habeck announced on Monday. Habeck aims to overhaul the 550-terawatt hours a year (TWh) market amid rising demand as the EU’s largest economy moves away from fossil fuels under its climate commitments. “We will do most of the necessary work in 2023,” the minister told a consultation meeting on power market reform, noting that the goal is to generate 80% of electricity from wind and the sun by 2030. According…

The country will export 55 to 60 million tons of grain in 2022-2023, the president said Russia collected a record grain crop last year with exports expected to reach volumes previously believed to be unrealistic, President Vladimir Putin announced on Tuesday. Russian farmers have harvested more than 150 million tons of grain including over 100 million tons of wheat, the head of state said during his annual address to the Federal Assembly. “By the end of the agricultural year, that is, by June 30, 2023, we will be able to bring the total volume of grain exports to 55-60 million…