Over the past decade, the US has been complaining about the amount of power which the BRIC group, and specifically China, has on the global economy. BRIC stands for Brazil, Russia, India and China; these were the world’s fastest growing economies. Only in the past 10 months, the US has turned their attention toward OPEC due to the prices of fuel. Nevertheless, China seems to have a strong influence even over the price of crude oil.

This year was not an easy one for the Chinese economy. Strict Zero-Covid measures, the deepening property crisis, the unchanging rhetoric of China’s Communist party, and the so-called tech war with the US made investors lose trust in Chinese assets. As a result, the Hang Seng 50 index (HK50), which tracks the performance of the top 50 largest Chinese companies, has dropped more than 30% since the start of the year.

If you are new to cryptocurrencies, chances are that you are probably caught off guard by the immensity of information and new concepts that you are being bombarded with. If you’ve already been part of the crypto trading world for a while now, you are probably wondering if there’s anything you could be doing better or smarter to fully thrive in your investments.

As the crypto market keeps expanding, new cryptocurrencies keep emerging and, by default, new exchange platforms are launching, making the ultimate decision-making all the more daunting. Especially considering the new concepts, terms and expectations that are involved with cryptocurrencies.

Kaiko, a provider of real-time and historical cryptocurrency trade data, order books, and aggregated prices through a cryptocurrency API, has published an explainer on how to do proper risk management in crypto assets.

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A leader of a sophisticated ramp-and-dump scheme made his first court appearance in a Hong Kong court today, charged with market manipulation and various criminal offences. The case stems from an earlier joint operation of Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), and the local police.