Fed Talking Points: • Monetary policy was the top fundamental driver this past session as Fed speak leverage 50bp cut forecasts • Gold rallied and the Dollar dropped, which of these moves can reasonably be expected to run?• Trade wars continue inch closer to a US-EU standoff, earnings didn’t set risk trends alight – for […]
The total amount of Wrapped Bitcoin (WBTC) locked in the Kyber Network had almost tripled in a single day, DeFi Pulse reported. The sudden increase in WBTC reserves could have been a reaction to the news that the DeFi protocol Compound has added WBTC to its offerings. WBTC sees its activity triple on the Kyber […]
The Commodities and Futures Trading Commission (CFTC) has started an investigation into BitMEX, the largest margin trading platform in the crypto market, according to a Bloomberg report. BitMEX, along with other major margin trading platforms, have not allowed U.S. customers to trade derivatives on the platform to avoid scrutiny from U.S. regulators. The unexpected move […]
Steven Mnuchin, the US Treasury Secretary, has joined the parade of Facebook Libra bashers calling it “a national security issue.” He has roped in other digital assets and associated platforms, saying that Treasury would crack down on those that would break the law. In the wake of the recent push-back against crypto, pundits have wondered […]
DuckDuckGo, the search engine that leverages online privacy traffic, is gaining traction. Unlike older search engines like Bing or Google, DuckDuckGo neither tracks search results nor shows its user’s biased information. The search engine has partnered with the Brave browser. Crypto social media is now asking Brave Browser users with BAT tokens on the verge […]
Suspicions are reportedly focusing on U.S. users circumventing a ban on trading. Read More: Breaking: US Regulator Investigating Crypto Exchange BitMEX — Report
Previous gains which took BTC/USD closer to $11,000 evaporate amid new worries over legal upheavals. Read More: Bitcoin Price: ,800 Now Crucial as Multiple Death Crosses Appear
Patrick McHenry warned lawmakers that they would ultimately fail if they attempted to control decentralized cryptocurrencies. Read More: Bitcoin an ‘Unstoppable Force,’ US Congressman Tells Crypto Hearing
Warren Buffett. Source: a video screenshot, Youtube, Bill Gates As Justin Sun, the founder of the Tron blockchain project, announced the second guest to join him for the Warren Buffett charity lunch, an investor suggested some talking points. Back in June, Sun won the highly anticipated lunch with Buffett for USD 4.57 million, which is […]
All competitors are crypto exchange Zebpay’s prospective partners as the consolidation is bound to happen, Ankur Agarwal, Australia Head for Zebpay, once major Indian exchange, told Cryptonews.com. Furthermore, he finds that decentralized exchanges are a promising future and the right direction for the community to take, though not the best option at the moment. The […]
Changpeng Zhao. Source: Twitter, Changpeng Zhao While Binance CEO Changpeg Zhao proudly affirmed that he and the major crypto exchange “are doubling down on our mission to exchange the world” (whatever that means), various commentators suspect that Binance might have more than one ulterior motive in pursuing its token burns. As reported, the CEO announced […]
The Jersey arm of Binance has listed the cryptocurrency exchange’s own British pound-backed stablecoin, BGBP. Read More: Binance Jersey Lists Exchange’s New UK Pound-Backed Stablecoin
A bold maneuver in the dark nets a group of wannabe crypto thieves in Birmingham, U.K., very little. Read More: UK Thieves Burgle Bitcoin Center, Find Zilch
Someone in South Korea appears to be trying to take advantage of Samsung’s blockchain efforts by nabbing the “Samsung Coin” trademark. Read More: Someone Is Trying to Trademark ‘Samsung Coin.’ It’s Not Samsung
Dmitri Vasilev, the former CEO of now-defunct crypto exchange WEX, has reportedly been arrested in Italy. Read More: Ex-CEO of Crypto Exchange WEX Arrested In Italy
The company’s telecom arm Reliance Jio reported profit for the seventh quarter in a row. Read More: Telecom and retail units boost RIL’s Q1 profit: 7 key highlights
No matter how much and how often investors get what they wish for, they always ask for more. Read More: View: Why the Fed should not deliver a big rate cut
This ESPN host called foul on his own network, which has pivoted away from political coverage over the past year to stick to sports. Read More: Key Words: ESPN host Dan Le Batard calls own network ‘cowardly’ for not tackling ‘send her back’ Trump rally
BlackRock Inc.’s founder Larry Fink said that “people are under-invested in equities” now and said that investors shouldn’t pump the brakes on stock buying even as the market trades in record territory. Read More: The Tell: Head of world’s largest asset manager says taking risk off the table in stocks is a mistake
TRADING in social commerce company YuuZoo will not resume for now, the Singapore Exchange Regulation (SGX RegCo) said on Friday in response to the mainboard-listed counter’s request to lift the trading suspension. Read More: YuuZoo trading suspension to continue: SGX RegCo
SECURA Group is expected to report a net loss for the three months ended June 30, the security solutions provider said in a profit guidance issued on Friday. Read More: Secura Group expects net loss for Q2 as it issues profit guidance
SINGAPORE stocks entered the afternoon session on Friday in positive territory, tracking gains in the rest of the region. Read More: Singapore stocks: STI resumes Friday afternoon up 0.48% on day as Asia markets rally
THE Straits Times Index (STI) dipped slightly on Thursday, down a mere 0.11 per cent or 3.82 points to 3,361.05. Read More: Singapore shares close 0.5% higher on rate cut hopes
President Donald Trump weighed into a simmering debate over the Federal Reserve interest rate policy, saying Friday that the central bank needs to end its “crazy” tightening moves. In a series of tweets, the president addressed an unusual controversy stemming from a speech Thursday that New York Fed President John Williams delivered. Market participants initially […]
U.S. stock indexes advanced on Friday as solid results from Microsoft lifted technology stocks and added to an upbeat mood following signs from New York Fed President John Williams that the central bank would lower interest rates this month. Microsoft Corp (MSFT.O), America’s most valuable company, gained 2.2% as strength in its cloud business helped […]
Larry Fink, BlackRock CEO, joins 'Squawk Box' to discuss BlackRock's quarterly earnings. Read More: BlackRock CEO Larry Fink breaks down the company's Q2 earnings
The brokerage agreed to the settlement with Robert Levine, co-founder of Cabletron Systems, according to filings and sources familiar with the case. Read More: Merrill Lynch pays million to Cabletron co-founder after broker allegedly churned account
Gold has been on fire this year and some investors think it is poised to do something it has only done twice since World War II. Read More: Major gold bull markets are rare, but some investors are betting one is here
One of Tesla's Wall Street skeptics now sees it headed to a nearly profitable second-quarter earnings report. Read More: A big Tesla skeptic on Wall Street raises his estimate for second-quarter earnings
Credit card issuer American Express beat analysts' estimates for quarterly profit on Friday, as a healthy U.S. economy fueled higher spending by its customers. Read More: American Express tops profit estimates on higher card spending; expenses a worry