Fabrica de Paine Serban, part of Grup Serban Holding, a leading group in Romanian agribusiness, has submitted a project of around EUR8.5 million for an investment on measure DR 23- “Investments for farming product processing and marketing”, a project that will boost bakery production capacity from 20 tons per day at present to 70 tons per day.
Analysts say Ether’s MVRV Z-Score has entered capitulation territory at -0.42 after falling 30% in a fortnight, though it is still far from its worst score. Ethereum has hit a zone typically associated with mass selling, with an MVRV Z-Score returning a score of -0.42 — though analysts are split on whether the price of Ether is close to bottoming out. The MVRV Z-Score is a metric used to assess whether a crypto asset is overvalued or undervalued by comparing its market value to its realized value, which reflects the total value of Ether based on the price at which it was last transacted. The metric was created to identify periods of market euphoria or capitulation when market value was considerably higher or lower than realized value. Read more
The crypto market’s volatility is just “part of the game,” says Federal Reserve governor Chris Waller, who adds that traditional finance may have added to the recent market drop. Federal Reserve governor Chris Waller says the crypto hype that accompanied US President Donald Trump’s election victory has begun to wane as the market has become more entwined with traditional finance. “I think some of the euphoria that came into the crypto world with the current administration, some of that's kind of fading,” Waller said at a conference on Monday. “A lot of it has been brought into the mainstream finance,” Waller said. “Then, you know, things have to happen there, so I think there was a lot of sell-off just because firms that got into it from mainstream finance had to adjust their risk positions.” Read more