Crypto News
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Beyond the palm-fringed dunes and infinity pools, the super yachts, the stables, and the sprawling villas, looms an imposing monument to the Age of Sam Bankman-Fried. It’s the $30 million penthouse atop the Orchid building where Bankman-Fried lorded over the rise and fall of his $32 billion crypto exchange, FTX. And soon, it could be yours. On Nassau’s New ...
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Banking giant HSBC has been fined 6.2 million pounds ($7.9 million) for failing to treat financially-stretched customers fairly, Britain's Financial Conduct Authority (FCA) said on Thursday. The FCA said it had imposed the penalty on the bank's HSBC UK Bank Plc, HSBC Bank Plc and Marks and Spencer Financial Services units because they had failed to do ...
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Analysts have used technical indicators for years. They analyze historical data, looking at past price movements to speculate on the future price direction of financial instruments. These indicators rely on patterns and gather data from price, volume, or open interest. It's crucial to understand that technical indicators work reactively; they don't predict ...
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Bitcoin has dominated the news cycle lately, from the recent halving to the 30-plus banks starting their own Bitcoin ETF. Crypto miners have also made the news, buying up local real estate and old industrial buildings across America, from Texas to New York, transforming old forgotten real estate into huge mining super-centers. This includes some of the ...
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Beyond the palm-fringed dunes and infinity pools, the super yachts, the stables, and the sprawling villas, looms an imposing monument to the Age of Sam Bankman-Fried. It’s the $30 million penthouse atop the Orchid building where Bankman-Fried lorded over the rise and fall of his $32 billion crypto exchange, FTX. And soon, it could be yours. On Nassau’s New ...
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US business activity growth accelerated sharply to its fastest for just over two years in May, according to provisional PMI survey data from S&P Global, signalling an improved economic performance midway through the second quarter. The service sector led the upturn, reporting the largest output rise for a year, but manufacturing also showed stronger growth. ...
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U.S. Treasury Secretary Janet Yellen said on Thursday that G7 finance ministers will discuss their concerns about China's excess industrial capacity and potential responses, ...
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Initial applications for US unemployment benefits fell last week, remaining subdued as both demand for workers and layoffs ease. First-time claims decreased by 8,000 to 215,000 in ...
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The House Wednesday passed the first major piece of legislation that would provide regulatory clarity to the cryptocurrency industry. Why it matters: The industry has long ...
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In the week ending May 18, the advance figure for seasonally adjusted initial claims was 215,000, a decrease of 8,000 from the previous week's revised level. The previous week's ...
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US business activity growth accelerated sharply to its fastest for just over two years in May, according to provisional PMI survey data from S&P Global, signalling an improved ...
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The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for April 2024. Sales of new ...
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If you’re like me, you’re dreading the constant, excessive US election coverage that will inevitably take over the newswires this summer and into the fall. While the market and trading implications of the election are generally overplayed, there are key situations where politics can have a direct, dramatic impact on markets, and that’s exactly what we’re ...
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The crypto market is quiet, hovering around a total capitalisation of $2.6 trillion for the third day. Bitcoin has so far failed to gain a foothold above $70K, and this is curbing the enthusiasm. It is losing 0.3% in 24 hours against Ethereum’s 0.6% rise. The top altcoins have comparatively subdued and varied dynamics, with fluctuations between -2% for ...
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It's been a heck of a ride over the past few years for digital asset markets. The November 2022 collapse of once-dominant cryptocurrency exchange FTX had a chilling effect on investor enthusiasm, and harsher regulatory scrutiny in the sector became the norm. But thanks in large part to the long-term promise of "Web 3.0" technology and fintech innovations – ...