Have you ever wondered how to make sense of the crazy ups and downs of cryptocurrencies? Well, researchers have come up with a clever idea: using smart computers, known as stochastic neural networks, to predict prices. Traditional trading methods just look at averages, but they can't handle the wild
The COVID-19 pandemic has been a wild ride for all kinds of money, from digital currencies to gold. We looked at how the main cryptocurrencies like Bitcoin, Ethereum, Ripple, and Litecoin behaved during this time. We also checked out the fear index (VIX), gold prices, and the S&P500 stock market. Us
Citadel's founder Ken Griffin hinted that he might sell a small part of his hedge fund someday. He made this comment at an event in New York. Griffin said it was a smart move to sell a piece of Citadel Securities to Sequoia and Paradigm in 2022. This deal put the firm's value at $22 billion. Griffi
Investors seem to be feeling more at ease with Donald Trump's choice for Treasury secretary. At 5:42 a. m. ET, the 10-year Treasury yield dropped by over 6 basis points to 4. 347%, while the 2-year yield fell by more than 2 basis points to 4. 348%. This change came as investors considered Trump's se
China's central bank, known as the People's Bank of China (PBOC), has decided to keep the medium-term loan rate frozen at 2. 0%. This comes at a time when the yuan, the country's currency, is feeling some heat. The PBOC handed out loans worth 900 billion yuan (that's about $124. 26 billion) to some
Back in 2008, right in the middle of a global financial crisis, British bank Barclays was facing a serious issue. They desperately needed cash to dodge a government bailout. So, they reached out to investors from different parts of the world, with Qatar being one of them. It seemed like a wise move
In a striking move, UniCredit, one of Italy's largest banks, has stepped forward with a proposal to buy another significant Italian lender, Banco BPM. The potential deal, valued around 10 billion euros (over $11 billion), is just the latest in a series of similar mergers happening across Europe's ba
Have you ever thought about how the COVID-19 pandemic affected African economies? Researchers used a real cool method called wavelet multiscale coherence to check how global markets and African bonds were connected during the time of the coronavirus outbreak. This study was done from January 2019 un
Imagine having a stake in Bitcoin without actually buying any. This might sound like a dream, but it’s now a reality thanks to options trading. Options are contracts that give you the choice to buy or sell an asset at a fixed price by a certain date. You pay a fee, called a premium, to get this righ
Bitcoin, the popular cryptocurrency, has been studied for its price differences across markets. This research delves deeper by looking at trade data from LocalBitcoins. com, a peer-to-peer exchange platform. It explores how economic and regulatory factors shape Bitcoin markets and how cryptocurrenci
