Crypto News
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Citigroup Inc., DBS Group Holdings Ltd. and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential clients to avoid exposure to illicit flows, according to people familiar with the matter. Private bankers at several institutions are also receiving additional training to help ...
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The BNB token, a cryptocurrency linked to Binance and its incarcerated co-founder Changpeng Zhao, surged to a record high in the first week of his four-month jail sentence in the US. Its rally underscores Zhao’s status as the richest person ever to do time in a US federal lock up. Zhao reported to a prison in California on Tuesday to begin a four-month ...
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It is a liquidity metric that shows how many buy and sell orders there are for a given cryptocurrency at different price points. So, how is market depth displayed? A depth chart is commonly used to illustrate this data. It plots buy orders (bids) on one side and sell orders (asks) on the other against price levels. For example, consider the order book of ...
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Two years ago, we started raising interest rates because inflation was far too high. Today, the situation is improved. Although some prices are still going up markedly, especially in the services sector, inflation overall has come down a lot. It is currently on track to reach 2% next year, which is the level that we target in our pursuit of price stability. ...
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It’s easy to get overwhelmed by the EU elections. Voters cast ballots in two dozen languages in 27 countries with scores of different campaign issues. So here’s a look at what happened in some key countries in the June 6-9 elections for a new European Parliament. This was the biggest bombshell of Europe’s mass election night: President Emmanuel Macron’s ...
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On Sunday (June 9), bitcoin (BTC) advanced by 0.43%. Reversing a 0.06% loss on Saturday (June 8), BTC ended the week up 2.79% to $69,684. Significantly, BTC ended its three-day losing streak. Investor concerns about the Fed interest rate trajectory took a backseat on Sunday. US BTC-spot ETF market flow trends countered the effects of a hotter-than-expected ...
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The Federal Reserve is widely expected keep its benchmark interest rate steady at the end of their two-days of deliberations on Wednesday, but economists will be watching closely ...
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Two years ago, we started raising interest rates because inflation was far too high. Today, the situation is improved. Although some prices are still going up markedly, especially ...
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Dramatic gains for far-right parties in France and Germany failed to overturn the centrist working majority in the European Parliament as results poured in on Sunday night, ...
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post: GERMAN GOVERNMENT SPOKESPERSON: GERMANY ISN'T CONTEMPLATING A SNAP ELECTION AS A RESULT OF EU ELECTION OUTCOME.
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The crypto market is losing about 4.5% from its peak on Friday, having reversed to the downside after news positive for the dollar. Another batch of labour market figures well above expectations has raised doubts that the Fed will soon follow the ECB and Bank of Canada in cutting rates. This shift in sentiment has reduced risk appetite, hurting cryptos. ...
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Crypto.com and other major international cryptocurrency exchanges are facing significant regulatory hurdles from South Korean financial authorities, which resulted in reinforcing a domestic monopoly and limiting market competition. In April, Crypto.com, a U.S. cryptocurrency exchange that had announced its entry into the S. Korean market, has not been able ...