- Story Log
User | Time | Action Performed |
---|---|---|
-
Crypto in Focus After Binance-DOJ Settlement
The CEO of major cryptocurrency exchange Binance, Changpeng Zhao (“CZ”), has stepped down as part of a settlement with the US Department of Justice (DOJ) on Tuesday, November 22. The settlement followed investigations by the DOJ and others into anti-money laundering (AML) and sanctions violations committed by Binance. Following the news on Tuesday, the price of Binance's token, BNB, plunged around 8%. Bitcoin and Ethereum (ETHUSD) also dipped but to a lesser extent. Bitcoin (BTCUSD) fell as much as 4.5% the same day, with crypto stocks Coinbase (COIN) and Marathon Digital Holding (MARA) also affected. Despite ... (full story)
- Comments
- Subscribe
-
- Older Stories
Good afternoon. I’m pleased to be here today and I want to thank the Saint John Region Chamber of Commerce for the invitation. Travelling to different parts of Canada is one of the most important and rewarding things I do because it allows me to see and hear first-hand how economic circumstances are playing out across our vast country. I want to hear about the opportunities and obstacles your businesses face and to understand your perspectives on the economy. I look forward to your questions and our discussion today. I know that for many people, high inflation has made life hard. We hear it at the Bank of Canada in our surveys of consumers. And I hear it directly—I get many letters and emails from Canadians. Too many of these are about the impossibility of keeping up with higher prices. I hear the worry, the frustration, even the desperation in these letters. I also hear from businesses that are being squeezed by higher costs and from workers who need higher wages to keep up with the rising cost of living. Nothing concerns me more thanFighting to get back to low inflation video The economy and job market have done quite well since the worst of the COVID-19 pandemic. But Canadians aren’t happy—and high inflation is a major reason why. Almost 9 out of 10 people responding to our Canadian Survey of Consumer Expectations said high inflation has made them feel worse off. We can see the impacts of high inflation in other ways too: Labour strikes have increased, with employers and workers struggling to agree on fair pay. Businesses have been raising their prices more often than usual, and by larger amounts. Our surveys show families are spending less and trying to find cheaper goods and services. High inflation is particularly hard for lower-income Canadians. They have little savings to buffer higher prices, and necessities—food, rent, gasoline—have had some of the fastest price increases. The rising cost of living is making life harder for everyone, especially Canadians who have less to start with.” post: BOC's Macklem: Rates "May Now Be Restrictive Enough" to Reach 2% CPI post: Bank of Canada Gov Macklem: Rates May Now Be At Peak, Excess Demand Now Gone
Outflows from Binance have amounted to more than $1 billion in the past 24 hours, not including bitcoin, according to data from blockchain analysis firm Nansen, after founder and ...
Lisa Braganca, former SEC enforcement branch chief, joins 'Squawk Box' to discuss the criminal probe into Binance after its founder Changpeng Zhao plead guilty to money laundering ...
-
- Newer Stories
In a new twist to the ongoing saga between crypto lenders and exchanges, Genesis Global Capital, which filed for bankruptcy in January, has launched a lawsuit against the ...
Bitcoin (BTC) bulls are in recovery mode on Wednesday after the top crypto experienced a sell-off on Tuesday that dropped it to a low of $35,635 – a move that analysts have called ...
post: FBI Joint Terrorism Task Force monitoring all points of entry to New York after car explosion in Niagara Falls, Gov. Hochul says pic.twitter.com/xbC7axaWs9 post: FBI INVESTIGATING RAINBOW BRIDGE VEHICLE EXPLOSION AS AN ATTEMPTED TERRORIST ATTACK -FOX NEWS CITING UNNAMED SOURCES
- Story Stats
- Posted: Nov 22, 2023 11:42am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 149