March 24, 2022

Coca-Cola, Hershey stocks may benefit as input costs rise; Credit Suisse lists risks for consumer staples

Stocks such as Hershey, Coke, ADM, and Bunge are best positioned for investors given the recent spikes in energy, grains, and vegetable oil costs said analysts at Credit Suisse in a note. Stocks such as Hershey, Coke, ADM, and Bunge are best positioned for an up-move given the recent spikes in energy, grains, and vegetable …

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Honduras’ Central Bank Debunks Bitcoin as Legal Tender Rumors

The BCH is, however, studying the feasibility of a central bank digital currency. The Central Bank of Honduras (BCH) has shot down social media chatter about a possible imminent announcement that bitcoin (BTC) was set to become legal tender in that Latin American country. “Bitcoin for the moment in our country is not regulated,” said …

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Bitcoin, Ethereum Technical Analysis: ETH Recaptures Fresh 1-Month High

Ethereum rebounded during Thursday’s session to recapture the $3,000 level, climbing to a fresh one-month high in the process. This comes as BTC rose back above $43,000, hitting a 20-day high as a result. Bitcoin On Thursday, BTC rose to its highest level since March 3, as prices of the world’s largest cryptocurrency gained for a third consecutive day. …

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Wild moves in Russian stocks as market reopens after monthlong shutdown

KEY POINTS Short-selling on stocks will be banned, however, and foreign investors will not be able to sell stocks or OFZ ruble bonds until April 1. The MOEX Russia Index was up more than 5% by around 1 p.m. Moscow time, having pared earlier gains of more than 10%. Russia’s stocks moved sharply on Thursday, …

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CRYPTO.COM BECOMES OFFICIAL FIFA WORLD CUP 2022 SPONSOR

Crypto.com is officially the exclusive cryptocurrency trading platform sponsor for FIFA World Cup Qatar 2022. Crypto.com is an official sponsor of the FIFA World Cup Qatar 2022. The company has a successful history of sports partnership spanning from football, basketball, and soccer, to ice hockey and MMA fighting. Crypto.com previously made headlines for purchasing the …

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Japan’s Messaging Platform LINE to Launch NFT Marketplace

Japanese social media and messaging platform LINE has launched its Non-Fungible Token (NFT) marketplace dubbed LINE NFT which is set to officially go live on April 13. The launch of the LINE NFT platform is in line with the company’s long-standing quest to be a major player in the blockchain industry, and with the marketplace, it will …

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Almost half of Germans to invest in crypto: Report

44% of Germans are motivated to invest in crypto according to a report released by KuCoin; what do the experts think? The richest country in Europe is coming round to crypto. That’s according to a report by KuCoin which shared some flattering statistics towards the future of crypto in Deutschland. Notably, 44% of Germans are …

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