Crypto News
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Sam Bankman-Fried has swapped crypto for a new kind of currency behind bars: bags of rice. The disgraced FTX founder has been jailed at Brooklyn’s Metropolitan Detention Center as he waits to be transferred to a federal prison to serve a 25-year sentence. Bankman-Fried was convicted for wire fraud, money laundering and conspiracy last year. The 32-year-old ...
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Jim Simons, the mathematician-investor who created what many in finance consider the world’s greatest moneymaking machine at his secretive firm, Renaissance Technologies, has died. He was 86. He died today in New York City, according to his charitable foundation, which didn’t cite a cause. In turning from academia to investing as he entered his 40s, Simons ...
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When the yield curve flattens and eventually inverts, you worry. But it’s when a recession hits, the Fed cuts rates and the curve steepens that you become s**t scared. Yield curve dynamics represent a crucial macro variable, as they inform us on today’s borrowing conditions and on the market future expectations for growth and inflation. An inverted yield ...
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China plans to start selling the first batch of its 1 trillion yuan ($138 billion) of ultra-long special central government bonds on Friday, according to people familiar with the matter, as it seeks to raise funds to support the world’s second-biggest economy. The total issuance will include 300 billion yuan 20-year bonds, 600 billion yuan 30-year notes and ...
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Bitcoin Suisse, the Swiss-based pioneer in crypto-financial services, is pleased to announce the addition of Starknet (STRK) trading and custody to its platform. This latest development underscores Bitcoin Suisse’s commitment to “providing its clients with access to innovative blockchain projects and investment opportunities.” Starknet is a described as a ...
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Kato is described as a "ruling party heavyweight". He is a former chief cabinet secretary and is seen by some analysts as a candidate to become future prime minister. Kato spoke with Reuters: • Japan is seeing conditions fall in place for the central bank to normalise monetary policy. • Bank of Japan must keep a close eye on economic conditions and ...
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Jenn Lueke, 27, is a recipe developer based in Boston who creates content online showing people how to eat well on a budget. “I think it’s no secret that prices are going up in ...
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Not long ago, economists argued in public over basic economic policy issues. Foremost among the debates was the clash over equity and efficiency. Efficiency promotes economic ...
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Nothing has been setting the US bond market’s direction this year more than the monthly inflation figures. This week will be no exception. The release of the April consumer-price ...
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Kato is described as a "ruling party heavyweight". He is a former chief cabinet secretary and is seen by some analysts as a candidate to become future prime minister. Kato spoke ...
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Crypto strategist Michaël van de Poppe believes that Ethereum (ETH) is close to witnessing a big trend shift. Van de Poppe tells his 717,600 followers on the social media platform X that he doesn’t expect the U.S. Securities and Exchange Commission (SEC) to approve pending applications for spot Ethereum exchange-traded funds (ETFs) in the coming weeks. The ...
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Grayscale Investments’s first-quarter revenue was flat after the issuer of the world’s largest cryptocurrency investment vehicle decided to hold the line on fees for its flagship Bitcoin exchange-traded fund. The operator of the Grayscale Bitcoin Trust had $156 million in revenue, little changed from the fourth quarter, according to a shareholder letter ...