Crypto News
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The stablecoin space is growing increasingly contentious as the chief executives of Tether and Ripple traded accusations and allegations that the U.S. government is coming for them. Brad Garlinghouse, the CEO of stablecoin issuer Ripple, kicked off the latest round of hostilities on May 10 when he told Chris Vasquez of the World Class podcast that after the ...
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Last year, financial scams led to almost half a trillion dollars in losses worldwide, roughly equal to the GDP of Singapore. As fintech has advanced globally, cyber-criminals have exploited various platforms in complex attacks. Often, they will steal customers’ account information on digital payment systems and online banking sites as a highly lucrative ...
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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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More selling pressure in the cryptocurrency market is likely on the horizon as Bitcoin miners with large holdings of the digital asset face a sharp drop in revenue, according to researcher Kaiko. The main source of revenue for crypto-mining companies such as Marathon Digital, Riot Platforms and Cipher Mining was dramatically reduced by a Bitcoin code update ...
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The US ordered a Chinese crypto mining company to vacate and sell a property it bought near a Wyoming Air Force base that houses intercontinental ballistic missiles, calling the firm a national security threat. MineOne Partners Ltd. and its affiliated units and companies “might take action that threatens to impair the national security” of the US, the White ...
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The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Falcon Labs, Ltd., an entity organized under the laws of the Seychelles, for failing to register with the CFTC as a futures commission merchant (FCM), as required. This marks the CFTC's first action against an unregistered FCM that ...
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CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile ...
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Bitcoin (BTC) gained 2.33% on Monday (May 13). Following a 1.00% rise on Sunday (May 12), BTC ended the session at $62,920. Investors brushed aside Hong Kong BTC-spot market flow ...
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post: PBoC Fixes USDCNY Reference Rate At 7.1053 (prev fix 7.1030 prev close 7.2332)
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Payrolled employees in the UK fell by 5,000 (0.0%) between February and March 2024, but rose by 288,000 (1.0%) between March 2023 and March 2024. The early estimate of payrolled ...
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We expected a quiet week last week…and we got one! A lack of events helped US stocks drift higher last week, as bad news dissipated and bulls regained momentum. The S&P 500 is now down less than 1% from its all-time high, while the Dow has climbed in an astounding eight straight trading sessions — its longest streak since rallying for nine in a row in ...
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Bitcoin (BTC) price continues to conceal its hand on higher time frames with the stance compelling altcoins to pick a side. Altcoins with bullish fundamentals continue to show short-term strength, whereas those devoid of any continue to bleed. The fate of altcoins hinges on BTC with a show of stability likely to kickstart a rally for Ethereum (ETH) and ...
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Michael Ashby, who most recently led the digital-asset strategic implementation at hedge fund firm Point72, has joined the proprietary crypto trading firm AlgoQuant. Ashby, who joined AlgoQuant in April as chief executive officer, said in an interview that the firm is seeking to expand into asset management in the digital sector. He has relocated from New ...