Found: 484

Is Now the Right Time to Invest in Cryptocurrency?

... swiftly rising. Investors placed high stakes on these coins. However, a new competitor emerged—Bitcoin SV—which has displaced Bitcoin Cash from its positions. As a result, Bitcoin SV has quickly established itself in the top 10 cryptocurrencies by market capitalization, with developers promising significant profits and easy mining. By the end of 2018, many entrepreneurs suffered massive losses in cryptocurrency, amounting to billions of dollars overall. On the other hand, those who used electronic coins for money laundering ...

The Fate of the Dollar and the Prospects for BRICS Currency: What's Behind Putin's Statements?

... pressure on the financial decisions of other nations, the necessity to seek alternative financial tools emerges. For businesses, especially in sectors like oil and gas, diversification of currency risks can serve as a strategic advantage. At Open Oil Market, we are focusing on developing such tools to ensure our partners and clients have resilience against external economic factors.” Vladimir Putin’s statements underscore the existing risks and challenges facing the global currency system and demonstrate the need for creating ...

Huawei Ascend 910B and DeepSeek: Is Nvidia's Dominance at Risk?

... change the industry and what does this mean for Nvidia? Find out in our article. Huawei Ascend 910B and the Success of DeepSeek: How Innovations Challenge Nvidia's Dominance? The Chinese company DeepSeek has made waves in the artificial intelligence market by announcing the transfer of its AI model to the Huawei Ascend 910B chip. Thanks to its "dynamic precision adjustment" technology, the model's performance decreased by only 5%, while operational costs were reduced by 70%. This development poses a significant threat to Nvidia's dominance in the field of AI computing. What is Huawei Ascend 910B? Ascend 910B is a processor developed by Huawei specifically for artificial intelligence tasks. This chip is part of the Ascend lineup ...

Key Economic Events and Corporate Earnings: Week of August 4 - 8, 2025

... puzzle this week. 17:30 (USA): EIA report on natural gas inventories (week). Important for assessing supply and demand balance in the energy market (gas). 18:00 (USA): New York Fed's inflation expectations index (July). Shows how Americans view inflation developments a year ahead—an important signal for the Federal Reserve. Corporate Earnings: Before market open: Siemens AG, Toyota Motor, Eli Lilly, Adidas. Thursday morning will see reports from several global companies: German industrial conglomerate Siemens will present its results for Q3 FY2025 (a signal about the state of machinery and automation),...

Russia Launches Independent Gold Exchange: An Alternative to LBMA and a Step Towards Dedollarization

... sellers of gold on the exchange. This arrangement ensures the timely delivery of precious metals to buyers, allowing them to collect their purchased bars within one business day after the transaction. Regulations for bar issuance are currently being developed, and an accredited delivery operator is expected to manage operational logistics. Market Participants and Trading Conditions A diverse range of industry players are invited to participate in the new gold market. Participants will include: Large commercial banks Gold mining companies Refinery plants (companies engaged in the purification ...